NOT LISTED FOR SALE

481 E Jackson St Gate City, VA 24251

Estimated Value: $114,000 - $161,000

2 Beds
1 Bath
791 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $22,000 $28 Per Sq Ft

Est. 456% increase in value since last sale

Current estimated payment $684/month

729 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 1-Story Property
  • Cottage
  • Paneling
  • Central Heating and Cooling System

About This Home

As of May 2020

NEW PRICE!! Cozy little cottage. Presently rented and located along Jackson Street just east of the Dollar Store on the upper side of the street in Gate City. This home features 2 bedrooms, 1 bath. There is a wonderful front porch! Homes like these don't last very long! Buy it for your own or buy it to rent. Lets make plans to show it to you! All you have to do is make us an offer today!

Last Agent to Sell the Property

Rex McCarty

R-MAC Realty License #318248 Listed on: 04/30/2020

Co-Listed By

MISTY MCGEE

R-MAC Realty

Last Buyer's Agent

MISTY MCGEE

R-MAC Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Has A Rolling Slope
  • Property is in average condition
  • Property is zoned 0.00

Home Design

  • Cottage
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 791 Sq Ft Home
  • 1-Story Property
  • Paneling

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 146A3 6 1 4

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Gate City, Virginia travel to East Jackson Street. Property is centrally located between Shoemaker Elementary School and New People's Bank.
  • Prop. Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Co List Office Phone: 423-360-2947
  • Architectural Style: Cottage
  • 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: 0.00
  • General Property Description Elementary School3: Shoemaker
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: /4
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 791.0
  • General Property Description Above Grade SqFt: 791.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 146A3 6 1 4
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Exterior Features: Other, See Remarks
  • Topography: Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Deeded
  • Attached Garage: No
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: 0.00
  • Lot Dimensions: /4
  • Parcel #: 146A3 6 1 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
May 26, 2020
Sold by
Falls Danny A
Bought by
Metcalf Mark
Seller's Agent
Rex McCarty
R-MAC Realty
Buyer's Agent
MISTY MCGEE
R-MAC Realty
List Price
$53,000
Sold Price
$22,000
Premium/Discount to List
-$31,000
-58.49%
Current Estimated Value
$122,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,360
Avg. Annual Appreciation
37.78%
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
Metcalf Mark -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2020 05/26/20 Sold $22,000 -58.5% $28 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/19/2018 05/19/18 For Sale $53,000 -- $67 / 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 $518 $67,300 $28,000 $39,300
2024 $518 $67,300 $28,000 $39,300
2023 $518 $67,300 $28,000 $39,300
2022 $518 $67,300 $28,000 $39,300
2021 $377 $47,100 $13,000 $34,100
2020 $377 $47,100 $13,000 $34,100
2019 $377 $47,100 $13,000 $34,100
2018 $349 $47,100 $13,000 $34,100
2017 $349 $47,100 $13,000 $34,100
2016 -- $47,100 $13,000 $34,100
2015 -- $40,300 $12,900 $27,400
2014 -- $40,300 $12,900 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 407095

Tennessee/Virginia Regional MLS

APN: 146A3-6-1-4