Seller's Agent in 2024
Amanda Green
Century 21 Legacy Fort Henry
92 Total Sales
501 Elm St Gate City, VA 24251
Estimated Value: $291,000 - $352,037
4
Beds
3
Baths
2,883
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Mountain View
- Traditional Architecture
- Sitting Room
- Gate City Middle School Rated 9+
- No HOA
- Front Porch
About This Home
As of May 2024Enjoy the sunrise and sunset from this gorgeous, two-story, brick home situated on approx. 1/2 an acre in the town of Gate City. With panoramic views of Moccasin Gap from the front porch, one can feel the peacefulness of living in a rural area located within the city. With 4 beds/3 full baths and over 2800 sq. ft, this house has plenty of space in every room and lots of storage. The main level features a living room with stone fireplace, new mantle, and a set of gas logs perfect for extra heat during the winter months. A den/sitting room/study is adjacent to a spacious dining room perfect for entertaining, large eat-in kitchen. All kitchen appliances convey. Also, on the main level is an impressive primary bedroom with adjacent full bath with a walk-in shower, walk-in closet and laundry area, and a large utility room. If steps are an issue, no problem here. Walk straight into the main level through the front door or the two-car garage. All amenities for living can be on the main level. The second level features another large, primary bedroom with walk in closet and full bath, two extra spacious bedrooms, a full bath, and a 'nook area' great for an office space or a reading area. Both upstairs bathrooms have Bath Fitter custom showers. Annual contract with Terminix. Heat pump approximately 3 years old. Approximate 700 sq. feet of composite decking. The porch is spacious and perfect for grilling, relaxing, and entertaining guests! Enjoying the outdoors is no issue here! Excellent location and neighborhood. All information is deemed reliable, but not guaranteed. Buyer/Buyers to verify any and all information. Information provided by seller or CRS.
Last Agent to Sell the Property
Century 21 Legacy Fort Henry License #0225234502/343523 Listed on: 04/08/2024
Last Buyer's Agent
Gary Grimes
Wallace License #303538
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,321
Year Built
- Built in 1977
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 189 x 125
- Sloped Lot
- Property is in good condition
Parking
- 2 Car Attached Garage
- Parking Pad
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,883 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Sitting Room
- Utility Room
- Mountain Views
- Crawl Space
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Attic
- Attic Floors
- Pull Down Stairs to Attic
Schools
- Shoemaker Elementary School
- Gate City Middle School
- Gate City High School
Utilities
- Cooling Available
- Heat Pump System
Additional Features
- Handicap Modified
- Front Porch
Community Details
- No Home Owners Association
- Longview Terrace Subdivision
- FHA/VA Approved Complex
Listing and Financial Details
- Assessor Parcel Number 146a7 5 3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
May 30, 2024
Sold by
Mcmurray Eric Lynn and Mcmurray Luanne Bolling
Bought by
Hackney Jamie and Hackney Erica
Seller's Agent
Amanda Green
Century 21 Legacy Fort Henry
Buyer's Agent
Gary Grimes
Wallace
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9
Avg. Annual Appreciation
-3.37%
Original Mortgage
$310,000
Outstanding Balance
$306,772
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$9,252
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hackney Jamie | $310,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hackney Jamie | $310,000 | |
| Previous Owner | Mcmurray Eric Lynn | $93,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $310,000 | -1.6% | $108 / Sq Ft |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $315,000 | -- | $109 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $1,321 | $171,600 | $26,000 | $145,600 |
| 2023 | $1,321 | $171,600 | $26,000 | $145,600 |
| 2022 | $1,321 | $171,600 | $26,000 | $145,600 |
| 2021 | $1,090 | $136,300 | $15,000 | $121,300 |
| 2020 | $1,090 | $136,300 | $15,000 | $121,300 |
| 2019 | $1,090 | $136,300 | $15,000 | $121,300 |
| 2018 | $1,009 | $136,300 | $15,000 | $121,300 |
| 2017 | $1,009 | $136,300 | $15,000 | $121,300 |
| 2016 | -- | $136,300 | $15,000 | $121,300 |
| 2015 | -- | $150,900 | $14,200 | $136,700 |
| 2014 | -- | $145,800 | $14,200 | $131,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Buyer's Agent in 2024
Gary Grimes
Wallace
-
A
Buyer's Agent in 2024
Amy Hubbard
Century 21 Bennett & Edwards
(276) 393-3241
146 Total Sales
-
R
Buyer's Agent in 2024
RICHARD ERVIN
Mapp & Associates Realty
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9964185
APN: 146A7-5-3
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