NOT LISTED FOR SALE

502 E Carters Valley Rd Gate City, VA 24251

Morrison City Neighborhood

Estimated Value: $135,833 - $200,000

2 Beds
1 Bath
943 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $65,000 $69 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $923/month

110 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Covered Patio or Porch
  • Gate City Middle School Rated 9+
  • Cottage
  • Attached Garage

About This Home

As of July 2014

Quaint 2BR 1BA home located in Caters Valley. Just minutes from downtown Kingsport with worlds of shopping and fine dining.

Last Agent to Sell the Property

Rex McCarty

R-MAC Realty License #318248 Listed on: 03/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $735

Year Built

  • Built in 1947

Lot Details

  • 0.35 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in average condition

Home Design

  • Cottage
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Carters Valley Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 11,12

Home Details

Home Type

Single Family

Est. Annual Taxes

$735

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Directions: From Kingsport, take Lynn Garden Dr. toward Gate City. Travel approximately 2.8 miles and turn right onto Carters Valley Rd. Property is on the right.
  • Prop. Type: Residential
  • Year Built: 1947
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Carters Valley
  • 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 Acres: 0.35
  • 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
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0.35 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 943.0
  • General Property Description Above Grade SqFt: 943.0
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 11,12
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Connected: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Dirt Floor
  • Flooring: Carpet, Hardwood, Vinyl
  • Window Features: Insulated Windows, Window Treatments
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Acres: 0.35
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered, Front Patio, Front Porch
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 0.35 acres
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 11,12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Jul 21, 2014
Sold by
Mueller Richard L
Bought by
Skeens Roy L
Seller's Agent
Rex McCarty
R-MAC Realty
Buyer's Agent
A Team Real Estate Professionals
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$157,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,509
Avg. Annual Appreciation
8.04%
Original Mortgage
$66,370
Outstanding Balance
$51,467
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$101,768

Purchase Details

Closed on
Nov 26, 2007
Sold by
Helton Johnny Darrell
Bought by
Mueller Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Skeens Roy L $65,000 None Available
Mueller Richard L $77,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skeens Roy L $66,370
Previous Owner Mueller Richard L $62,000
Previous Owner Helton Johnny D $72,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $65,000 -7.0% $69 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $69,900 -- $74 / 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 $735 $95,400 $26,000 $69,400
2023 $683 $88,700 $26,000 $62,700
2022 $683 $88,700 $26,000 $62,700
2021 $639 $79,900 $18,500 $61,400
2020 $639 $79,900 $18,500 $61,400
2019 $639 $79,900 $18,500 $61,400
2018 $591 $79,900 $18,500 $61,400
2017 $591 $79,900 $18,500 $61,400
2016 -- $79,900 $18,500 $61,400
2015 -- $72,600 $22,000 $50,600
2014 -- $72,600 $22,000 $50,600
Source: Public Records

Agents Affiliated with this Home

  • Rex McCarty

    Seller's Agent in 2014

    Rex McCarty

    R-MAC Realty

    (276) 690-2222

    1 in this area

    30 Total Sales

    Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 345076

Tennessee/Virginia Regional MLS

APN: 167C-2-11.12

Virginia Scott County Gate City 24251 Morrison City

502 E Carters Valley Rd, Gate City, VA

This home is located at 502 E Carters Valley Rd, Gate City, VA 24251 since 11 March 2014 and is currently estimated at $166,708, approximately $176 per square foot. This property was built in 1947. 502 E Carters Valley Rd is a home located in Scott County with nearby schools including Weber City Elementary School, Gate City Middle School, and Gate City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Tennessee/Virginia Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.

Nearby Homes