NOT LISTED FOR SALE

389 Wolfe St Gate City, VA 24251

Estimated Value: $129,000 - $172,000

2 Beds
1 Bath
1,041 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $44,500 $43 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $824/month

209 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Tile Countertops
  • Cottage
  • Patio
  • Garden

About This Home

As of February 2016

Great starter home or investment property. Cozy 2 bedroom, 1 bath ranch style cottage in the heart of Gate City. Spacious kitchen with tile counter-tops, dining room and living room. Home has carpet, hardwood, and vinyl flooring and a unfinished basement for all your storage needs. Plenty of room for kids or pets to play on the large yard. Convenient location to schools, shopping and walking distance to the Gate City sporting events. All it takes is a little updating to call this home yours!Buyer/Buyers Agent to confirm all information.

Last Agent to Sell the Property

Pam Addington-Wagner

A Team Real Estate Professionals License #267452 Listed on: 06/10/2015

Last Buyer's Agent

JEFF CAMPBELL

A Team Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Landscaped
  • Level Lot
  • Garden
  • Property is in good condition
  • Property is zoned RS

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Wood Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,041 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace
  • Living Room with Fireplace
  • Tile Countertops
  • Washer and Gas Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number C

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: US23N to first Gate City exit onto Kane St, Right on to Jones St, Left onto E. Jackson St, Right on to Oak st, Left on to Wolfe St. See sign.
  • Prop. Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Cottage, Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: RS
  • 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
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1041.0
  • General Property Description Above Grade SqFt: 1041.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: C
  • Style Ranch: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Connected: Yes
  • Flooring Vinyl: Yes
  • Walls Wood3: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Unfinished
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tile Counters
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Living Room
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Fireplace:Brick3: Yes
  • Interior Features:Tile Counters: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Exterior Features: Garden, Other, See Remarks
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Front Patio, Front Porch, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: 0
  • Parcel #: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2018
Sold by
Sampson Herman A
Bought by
Bowen Michelle J
Current Estimated Value
$146,240

Purchase Details

Listed on
Jun 10, 2015
Closed on
Feb 19, 2016
Sold by
Blackwell Samuel F
Bought by
Bowen Michelle L and Sampson Herman A
Seller's Agent
Pam Addington-Wagner
A Team Real Estate Professionals
Buyer's Agent
JEFF CAMPBELL
A Team Real Estate Professionals
List Price
$59,900
Sold Price
$44,500
Premium/Discount to List
-$15,400
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
Original Mortgage
$40,050
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowen Michelle J -- None Available
Bowen Michelle L $44,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Michelle L $40,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $44,500 -25.7% $43 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
06/09/2015 06/09/15 For Sale $59,900 -- $58 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $720 $93,500 $33,000 $60,500
2024 $720 $93,500 $33,000 $60,500
2023 $720 $93,500 $33,000 $60,500
2022 $720 $93,500 $33,000 $60,500
2021 $460 $57,500 $15,500 $42,000
2020 $460 $57,500 $15,500 $42,000
2019 $460 $57,500 $15,500 $42,000
2018 $426 $57,500 $15,500 $42,000
2017 $426 $57,500 $15,500 $42,000
2016 -- $57,500 $15,500 $42,000
2015 -- $38,500 $14,200 $24,300
2014 -- $38,500 $14,200 $24,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 363692

Tennessee/Virginia Regional MLS

APN: 146A3-4-C-18-22