NOT LISTED FOR SALE

488 Elm St Gate City, VA 24251

Estimated Value: $218,000 - $249,000

4 Beds
2 Baths
2,025 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $155,000 $77 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,425/month

2 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Gate City Middle School Rated 9+
  • Living Room with Fireplace
  • No HOA

About This Home

As of June 2020

For many years, memories have been made in this wonderful, split foyer home located in Gate City, VA. This home is ready for a new buyer/buyers to create their own memories. This well-maintained, brick home has been occupied by a single owner since 1963. It is situated on approximately 1/2 an acre lot in the Longview Terrace Subdivision. The home has around 2000 finished sq. ft. of living space. When first entering this house, a warm welcome awaits you. Enter the front door and walk up steps to the main level. On the main level is a large living area with a cozy, brick fireplace and gas logs. Other features include an eat-in kitchen, 3 spacious bedrooms and one full bath with shower/tub combo. On the lower level is a full bath including tiled, stand up shower, bedroom and a large den with fireplace/gas logs. Also on the lower level is a large utility room with washer/dryer/sink and lots of storage and a one-car garage with an outside keypad and automatic opener. Enjoy the outside; whether its swinging under a large, shade tree, sitting on the front porch or relaxing on the back deck with built in benches to enjoy the view of the fabulous VA mountains. The tiered yard makes a great place for planting flowers, landscaping, and fun for all ages. The kitchen appliances convey with the property as well as a washer and dryer. All information is deemed reliable, but not guaranteed. Subject to errors and omissions. Sq. footage is approximate and should be verified by the buyer/s/appraiser. Schedule your showing today!

Last Agent to Sell the Property

AMANDA GREEN

Momentum Group License #343523 Listed on: 04/25/2020

Last Buyer's Agent

DAWN HEAD

Blue Ridge Properties License #TN 352402,VA 0225244713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1963

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 115x200
  • Landscaped
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding
  • Masonite

Interior Spaces

  • 2,025 Sq Ft Home
  • Built-In Features
  • Paneling
  • Gas Log Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Rear Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Longview Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 146a7 5 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Directions: Traveling North on Hwy 23 to Gate City. As you travel on Kane Street, make a left on Jackson. Make a right on Elm Street. 488 Elm Street is on the left. It is GPS friendly.
  • Prop. Type: Residential
  • Year Built: 1963
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Longview
  • Architectural Style: Split Foyer
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.53
  • General Property Description Zoning2: Residential
  • 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: 115x200
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2025.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 146a7 5 8
  • General Property Description # Fireplaces: 2
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Foundation Block6: Yes
  • Style Split Foyer: Yes
  • Exterior Finish Masonite: Yes
  • Excluded From Sale A C Window Units: Yes
  • Walls Paneling: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Basement Garage Door: Yes
  • Attic Pull Down Stairs: Yes
  • AC Attic Fan: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Cooktop, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Full, Garage Door, Interior Entry, Partially Finished, Unfinished, Walk-Out Access
  • Flooring: Hardwood, Laminate, Tile
  • Interior Amenities: Built-in Features, Kitchen/Dining Combo, Utility Sink, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 675.0
  • Fireplace Features: Brick, Den, Gas Log, Living Room
  • Fireplaces: 2
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 2
  • InteriorFeatures:Utility Sink: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Fireplace:Brick3: Yes
  • Fireplace:Den: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Cooktop: Yes
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Outbuilding
  • View: Mountain(s)
  • Acres: 0.53
  • Topography: Level, Rolling Slope
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick, Masonite
  • Foundation Details: Block
  • Patio And Porch Features: Back, Deck, Front Patio, Patio
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Patio: Yes
  • Exterior Finish Aluminum Siding: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener, Parking Spaces
  • Sq Ft DetailsGarageAttachedSq Ft: 350
  • Sq Ft DetailsGarageTotalSq Ft: 350
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Baseboard, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Attic Fan, Heat Pump, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 115x200
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 146a7 5 8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Hamilton Jeffrey Scott and Hamilton Carolyn Gilliam
Bought by
Noe Charles Aaron and Noe Cara Hamilton
Current Estimated Value
$242,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$111,530
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$130,365

Purchase Details

Listed on
Apr 25, 2020
Closed on
Jun 9, 2020
Sold by
Mcmurray Luanne and Mcmurray Patricia
Bought by
Hamilton Jeffrey S and Hamilton Carolyn G
Seller's Agent
AMANDA GREEN
Momentum Group
Buyer's Agent
DAWN HEAD
Blue Ridge Properties
List Price
$159,000
Sold Price
$155,000
Premium/Discount to List
-$4,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Noe Charles Aaron $155,000 Commonwealth Title Services
Hamilton Jeffrey S $155,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noe Charles Aaron $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $155,000 -2.5% $77 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $159,000 -- $79 / 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
2024 $1,186 $154,000 $26,000 $128,000
2023 $1,186 $154,000 $26,000 $128,000
2022 $1,186 $154,000 $26,000 $128,000
2021 $901 $112,600 $15,000 $97,600
2020 $901 $112,600 $15,000 $97,600
2019 $901 $112,600 $15,000 $97,600
2018 $833 $112,600 $15,000 $97,600
2017 $833 $112,600 $15,000 $97,600
2016 -- $112,600 $15,000 $97,600
2015 -- $102,100 $14,900 $87,200
2014 -- $102,100 $14,900 $87,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9907262

Tennessee/Virginia Regional MLS

APN: 146A7-5-8