NOT LISTED FOR SALE

371 Luray Rd Gate City, VA 24251

Estimated Value: $436,000 - $547,000

3 Beds
3.5 Baths
2,921 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2018

Last sale price $285,000 $98 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,836 / mo

483 Days on Market

Highlights

  • Barn
  • Bonus Room
  • Wrap Around Porch
  • Farmhouse Style Home
  • Balcony
  • 2 Car Attached Garage

About This Home

As of October 2018

Country living at it best. This custom built home with over 14 acres is ready for a new family. Over 3000 sq ft with beautiful floors, vaulted ceiling and full unfinished basement. 2 car garage on main level. All cleared pasture with large barn. Home Warranty is being offered with an acceptable offer.

Last Agent to Sell the Property

Gary Addington

Signature Properties Kpt License #0225068401 Listed on: 05/08/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 14.46 Acre Lot
  • Privacy Fence
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 2,921 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Block Basement Construction
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Patio
  • Wrap Around Porch

Schools

  • Shoemaker Elementary School
  • Gate City Middle School
  • Gate City High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Community Details

  • Valley Creek Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 54 A 15,7,8

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

14.46 Acres

Parking

2

Listing Details

  • Directions: Highway 23 to Gate City first exit, Turn right at first red light at High School and turn right on Nicklesville Hwy left on Veterans Memorial Hwy and right on Midway Road to left on Rockland View Road to right on Luray. Property on the left.
  • Prop. Type: Residential
  • Year Built: 2014
  • Garage Carport Spaces: 2
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Valley Creek
  • Architectural Style: Farm House
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 14.46
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Shoemaker
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: Yes
  • General Property Description Total SqFt Finished: 2921.0
  • General Property Description Above Grade SqFt: 2921.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 54 A 15,7,8
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Interior Features KitchenDining Combo: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • Other Rooms Bonus Room3: Yes
  • TopographyLot Description Cleared: Yes
  • Other Structures Barn(s): Yes
  • Basement Block4: Yes
  • Flooring Ceramic Tile: Yes
  • Foundation Concrete Perimeter: Yes
  • Fencing Privacy: Yes
  • Water Private: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Has Basement: Block
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Balcony, Kitchen/Dining Combo, Laminate Counters, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Window Treatments
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 3
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features Balcony2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Barn(s)
  • Exterior Features: Garden
  • Fencing: Privacy
  • Acres: 14.46
  • Topography: Cleared, Rolling Slope
  • Home Warranty: Yes
  • Construction Type: HardiPlank Type
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Front Patio, Front Porch, Wrap Around
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish HardiPlank Type: Yes
  • Window Features:Window Treatments: Yes
  • PorchPatioDeck Wrap Around: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Shoemaker
  • High School: Gate City
  • Middle Or Junior School: Gate City

Lot Info

  • Zoning: R
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 629877.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 54 A 15,7,8
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Oct 17, 2018
Sold by
Bought by
Seller's Agent
Gary Addington
Signature Properties Kpt
List Price
$134,900
Sold Price
$285,000
Premium/Discount to List
$150,100
111.27%
Current Estimated Value
$493,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,390
Avg. Annual Appreciation
7.41%
Original Mortgage
$258,000
Outstanding Balance
$224,063
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$269,327

Purchase Details

Closed on
Jun 19, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,650
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$285,000 Commonwealth Title Services
$58,500 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $258,000
Previous Owner $52,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2018 10/17/18 Sold $285,000 +111.3% $98 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
05/08/2017 05/08/17 For Sale $134,900 -- $46 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,234 $290,100 $75,100 $215,000
2024 $2,234 $290,100 $75,100 $215,000
2023 $2,234 $290,100 $75,100 $215,000
2022 $2,234 $290,100 $75,100 $215,000
2021 $2,248 $281,000 $31,500 $249,500
2020 $2,248 $281,000 $31,500 $249,500
2019 $2,222 $277,700 $31,500 $246,200
2018 $2,055 $277,700 $31,500 $246,200
2017 $2,055 $277,700 $31,500 $246,200
2016 -- $277,700 $31,500 $246,200
2015 -- $275,800 $25,300 $250,500
2014 -- $14,500 $14,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 391382

Tennessee/Virginia Regional MLS

APN: 54-A-15.7.8

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