NOT LISTED FOR SALE

5193 Upper Possum Creek Rd Gate City, VA 24251

Estimated Value: $176,000 - $231,622

3 Beds
2 Baths
1,340 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $160,000 $119 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,270/month

Highlights

  • Contemporary Architecture
  • Cooling Available
  • Lot Has A Rolling Slope
  • Gate City Middle School Rated 9+
  • Pasture
  • Heat Pump System

About This Home

As of June 2021

Live in the country, 3 bed rooms 2 bath home ; 2.93 acres , bring your animals and enjoy the piece and quite .Well water and public water hook up .Plenty of storage .

Last Agent to Sell the Property

Gary Addington

Signature Properties Kpt License #0225068401 Listed on: 05/09/2021

Last Buyer's Agent

Patricia Lawhorn

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 2000

Lot Details

  • 2.93 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is in good condition
  • Property is zoned ag

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Yuma Elementary School
  • Gate City Middle School
  • Gate City High School

Farming

  • Pasture

Utilities

  • Cooling Available
  • Heat Pump System
  • Well

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 142 A 126a

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: From Kingsport take Hwy 23 to first red light , turn left on Yuma road , Stay on Yuma Rd. turn left on Upper Possum Rd.. See sign on left.
  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.93
  • General Property Description Zoning2: ag
  • General Property Description Elementary School3: Yuma
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: see acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1340.0
  • General Property Description Above Grade SqFt: 1082.0
  • General Property Description Parcel ID2: 142 A 126a
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • TopographyLot Description Pasture2: Yes
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Cleared: Yes
  • Water At Road2: Yes
  • Roof Metal3: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 258.0
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Acres: 2.93
  • Topography: Cleared, Pasture, Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: At Road, Well
  • Heating:Heat Pump2: Yes
  • Water Well: Yes

Schools

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

Lot Info

  • Zoning: ag
  • Lot Dimensions: see acres
  • Lot Size Sq Ft: 127630.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 142 A 126a
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Jun 3, 2021
Sold by
Tipton Mark E
Bought by
Barlow Tristan Lee and Barlow Lela Shyanne
Seller's Agent
Gary Addington
Signature Properties Kpt
Buyer's Agent
Patricia Lawhorn
Realty Executives Associates
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$214,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,156
Avg. Annual Appreciation
6.98%
Original Mortgage
$163,300
Outstanding Balance
$151,657
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$60,791

Purchase Details

Closed on
Dec 9, 2016
Sold by
Tipton Mark E
Bought by
Tipton Mark E
Source: Public Records

Range of Values:

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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
Barlow Tristan Lee $160,000 None Available
Tipton Mark E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlow Tristan Lee $50,000
Open Barlow Tristan Lee $163,300
Previous Owner Tipton Mark Edward $44,800
Previous Owner Tipton Mark E $108,800
Previous Owner Tipton Mark E $158,500
Previous Owner Tipton Mark E $15,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $160,000 -8.6% $119 / Sq Ft
05/09/2021 05/09/21 For Sale $175,000 -- $131 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
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 $1,169 $151,800 $27,800 $124,000
2023 $1,169 $151,800 $27,800 $124,000
2022 $1,169 $151,800 $27,800 $124,000
2021 $960 $120,000 $20,300 $99,700
2020 $960 $120,000 $20,300 $99,700
2019 $960 $120,000 $20,300 $99,700
2018 $888 $120,000 $20,300 $99,700
2017 $888 $120,000 $20,300 $99,700
2016 -- $141,700 $39,000 $102,700
2015 -- $159,100 $41,800 $117,300
2014 -- $162,200 $44,900 $117,300
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gary Addington

    Signature Properties Kpt

    Section Image

  • P

    Buyer's Agent in 2021

    Patricia Lawhorn

    Realty Executives Associates

  • T

    Buyer's Agent in 2021

    Timothy Bobo

    Realty Executives Chattanooga

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9922198

Tennessee/Virginia Regional MLS

APN: 142-A-126A

Virginia Scott County Gate City 24251

5193 Upper Possum Creek Rd, Gate City, VA

This home is located at 5193 Upper Possum Creek Rd, Gate City, VA 24251 since 09 May 2021 and is currently estimated at $214,156, approximately $159 per square foot. This property was built in 2000. 5193 Upper Possum Creek Rd is a home located in Scott County with nearby schools including Yuma Elementary School, Gate City Middle School, and Gate City High School.

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