NOT LISTED FOR SALE

875 Gates Ln Vinton, VA 24179

Estimated Value: $370,488 - $385,000

3 Beds
2 Baths
1,830 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $190,000 $104 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,248/month

79 Days on Market

Highlights

  • City View
  • 2.31 Acre Lot
  • No HOA
  • William Byrd Middle School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of January 2014

Custom built brick ranch, double lot, gas log fireplace in living room, large master suite, formal dining room, 2 car attached garage, awesome views! Unfinished basement with 9' ceilings and roughed in plumbing for full bath. HUD owned home, sold as - is, Case #541-818041, all offers submitted at HUDHomestore.com, ask agent for details.

Last Agent to Sell the Property

Walter Grewe

WAINWRIGHT & CO., REALTORS(r) License #0225105136 Listed on: 07/24/2013

WAINWRIGHT & CO.,  REALTORS(r)

Last Buyer's Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1996

Lot Details

  • 2.31 Acre Lot
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage

Property Views

  • City
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,830 Sq Ft Home
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 6&7

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,635

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Views: City, Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1830.00
  • ExteriorDoors: Full View, Metal
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1830
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1830.00
  • TotalUnfin Sq Ft: 1830.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1830.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Down Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.31
  • Lot: 6&7

Building Info

  • Year Built: 1996

Tax Info

  • Taxes (6 mo): 2635.00

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2017
Sold by
Spradlin Shane W and Henry Margaret J
Bought by
Spradlin Shane W
Current Estimated Value
$376,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$164,918
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$211,204

Purchase Details

Listed on
Jul 24, 2013
Closed on
Jan 10, 2014
Sold by
The Secretary Of Hud Of Washington Dc
Bought by
Spradlin Shane W and Henry Margaret J
Seller's Agent
Walter Grewe
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$237,600
Sold Price
$190,000
Premium/Discount to List
-$47,600
-20.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$152,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 30, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Spradlin Shane W -- First Choice Title & Settlem
Spradlin Shane W $190,000 None Available
The Secretary Of Hud $322,028 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spradlin Shane W $200,000
Previous Owner Spradlin Shane W $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $190,000 -20.0% $104 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $237,600 -- $130 / Sq Ft
Source: Roanoke Valley Association of 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
2025 $3,373 $327,500 $42,700 $284,800
2024 $3,303 $317,600 $42,700 $274,900
2023 $3,271 $308,600 $42,700 $265,900
2022 $3,079 $282,500 $42,700 $239,800
2021 $2,857 $262,100 $39,700 $222,400
2020 $2,663 $244,300 $36,700 $207,600
2019 $2,640 $242,200 $36,700 $205,500
2018 $2,576 $237,500 $36,700 $200,800
2017 $2,576 $236,300 $36,700 $199,600
2016 $2,575 $236,200 $36,700 $199,500
2015 $2,572 $236,000 $36,700 $199,300
2014 $2,569 $235,700 $36,700 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 795329

Roanoke Valley Association of REALTORS®

APN: 061.09-02-25.02-0000