NOT LISTED FOR SALE

506 Chalybeate Ave Iron Gate, VA 24448

Estimated Value: $235,000 - $256,703

4 Beds
3 Baths
2,570 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $157,900 $61 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,347/month

272 Days on Market

Highlights

  • 3.56 Acre Lot
  • Wood Burning Stove
  • Finished Attic
  • Sharon Elementary School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of June 2020

506 Chalybeate Avenue This circa 1885 two story combines spacious farmhouse living with modern updates. With a brick and vinyl exterior, this spacious home offers three bedrooms, 2.5 bathrooms and a partially finished attic for a fourth bedroom. Flooring is a mixture of hardwood, tile and carpet. Electrical is updated as well as vinyl windows. There is a rock fireplace, wood stove and heat pump for comfort. This unique listing is on 3.56 acres off the beaten path in the town of Iron Gate. For additional information or to schedule a showing contact Harold. $159,900.

Last Agent to Sell the Property

Harold Higgins, Jr

Fresh Estates & Country Properties, Inc. Listed on: 08/05/2019

Last Buyer's Agent

Harold Higgins, Jr

Fresh Estates & Country Properties, Inc. Listed on: 08/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1885

Lot Details

  • 3.56 Acre Lot
  • Property is zoned Other (Use Remarks)

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Crawl Space
  • Finished Attic

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Flood Zone Lot

Schools

  • Clifton Middle School
  • Alleghany High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 44F2-0-00-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 1885

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Zoned Industrial/General
  • HistoricProperty: No
  • Listing Member Name: Harold Wayne Higgins, Jr
  • Listing Office Short Id: 91
  • Open House Office I D: 20061211170240630668000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: HWH
  • Subdivision Yn: No
  • TotalFinSFApx: 2570.00
  • Year Built: 1885
  • Taxes Dollars: 1005.36
  • TotalAcresApx: 3.56
  • 1StFloorMstrBdrm: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.50
  • Updated Floor: Laminate, Tile, Wood
  • Has Attic: Finished
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Shingle
  • Street: Chalybeate
  • Tax Rate: .71
  • Flood Zone: SW

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Heat Pump(s), Wood Stove
  • Sewer: Public Sewer
  • Water: Public Water, Well
  • Water Heater: Electric

Schools

  • High School: Alleghany High
  • Middle School: Clifton Middle

Lot Info

  • Zoning: Other (Use Remarks)
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 44F2-0-00-0070
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2004
Sold by
Payne Otis and Payne Sarah B
Bought by
Payne Sarah Black Showalter
Current Estimated Value
$243,568
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
Payne Sarah Black Showalter -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $157,900 -4.2% $61 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
08/05/2019 08/05/19 For Sale $164,900 -- $64 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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 $1,034 $141,600 $4,000 $137,600
2023 $1,034 $141,600 $4,000 $137,600
2022 $1,034 $141,600 $4,000 $137,600
2021 $1,034 $141,600 $4,000 $137,600
2020 $1,034 $141,600 $4,000 $137,600
2019 $1,034 $141,600 $4,000 $137,600
2018 $1,032 $145,300 $4,000 $141,300
2017 $1,032 $145,300 $4,000 $141,300
2016 $1,032 $145,300 $4,000 $141,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 134393

APN: 044F2-02-630-0070