NOT LISTED FOR SALE

425 Reynoldson Rd Gates, NC 27937

Estimated Value: $306,054 - $432,000

3 Beds
2.5 Baths
2,210 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $275,000 $124 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,094/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Walk-In Closet
  • Solid Surface Countertops
  • Storm Windows
  • Tankless Water Heater

About This Home

As of March 2020

This 1900s farmhouse has been completed rehabbed from the studs out, new roof, new siding, new wiring, new plumbing, new HVAC, new bathrooms, state of the art gourmet kitchen with new cabinets and fixtures, appliances and granite counter tops. Attached 2 car garage, Some detail left for character but definitely a complete rebuild. All on almost 2 acres, pecan trees and grape vines, convenient to Rt 13, quiet village of Reynoldson.

Last Agent to Sell the Property

Linda Bass

KBL Companies, LLC License #67835 Listed on: 01/07/2020

KBL Companies, LLC

Last Buyer's Agent

Linda Bass

Long & Foster Real Estate/bridge Rd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1915

Lot Details

  • 1.52 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,099

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: Two
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Fireplace: 1
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect, Walk-In Closet, Solid Surface, Smoke Detectors, Gas Logs
  • List Price per Sq Ft: 124.43
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2210.00
  • Total Heated Primary Separate Sq Ft: 2210.00

Exterior Features

  • Exterior Features: Storm Doors, Storm Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Refrigerator
  • Cooling System: Central
  • Heating System: Heat Pump, Other-See Remarks
  • Service Providers Electric Provider: Roanoke Electric
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Propane, Tankless
  • HeatingSystemFuelSource: Other

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 663.00
  • Lot Acres: 1.52
  • Lot Sq Ft: 1.52
  • Lot Water Features: None

Tax Info

  • Tax Year: 2019
  • Total Real Estate Property Taxes: 1099.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 6, 2020
Sold by
Scott John Edward and Scott Vickie Lynn
Bought by
Rannings Jacob A and Rannings Brittany P
Seller's Agent
Linda Bass
KBL Companies, LLC
Buyer's Agent
Linda Bass
KBL Companies, LLC
Sold Price
$275,000
Current Estimated Value
$353,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,264
Avg. Annual Appreciation
3.60%
Original Mortgage
$261,249
Outstanding Balance
$234,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$99,333

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 13, 2017
Sold by
Fannie Mae
Bought by
Scott John Edward and Scott Vickie Lynn
Seller's Agent
Nancy Freeman
Freeman Realty
Buyer's Agent
Lisa Liverman
Freeman Realty
List Price
$72,500
Sold Price
$44,000
Premium/Discount to List
-$28,500
-39.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.97%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Whitley Charles D
Bought by
Whitley Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,900
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rannings Jacob A $275,000 None Available
Scott John Edward -- None Available
Whitley Barbara H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rannings Jacob A $261,249
Previous Owner Whitley Barbara H $131,900
Previous Owner Whitley Charles D $103,000
Previous Owner Whitley Barbara H $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Off Market $275,000 -- --
03/06/2020 03/06/20 Sold $275,000 +525.0% $124 / Sq Ft
10/20/2017 10/20/17 Sold $44,000 -39.3% $22 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $72,500 -- $36 / Sq Ft
Source: Hive 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
2024 $2,030 $207,151 $41,536 $165,615
2023 $2,030 $207,151 $41,536 $165,615
2022 $2,030 $207,151 $41,536 $165,615
2021 $1,926 $207,151 $41,536 $165,615
2020 $1,926 $207,151 $41,536 $165,615
2019 $1,866 $20,715,100 $4,153,600 $16,561,500
2018 $1,099 $138,059 $41,536 $96,523
2017 $1,049 $138,059 $0 $0
2016 -- $157,535 $0 $0
2015 -- $157,535 $0 $0
2014 -- $157,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 897884

Hive MLS

APN: 03-01232