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127 Promise St, Gate City, VA, 24251

$60,000

Home List Price

$713*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,144 SqFt
$52/SqFt
House

Location

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127 Promise St, Gate City$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1985
HeatingForced Air
CoolingNone
MLS #9973106
StatusActive

About 127 Promise St

A little TLC and you will have you nice home located on a dead end street. The home has 3 bedrooms and 1 full bath and the other bathroom is a half Bath. The open floorplan offers spacious living space with a fireplace. The home is being sold AS IS. Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1985
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: REMAX Rising JC
  • Office Phone: (423) 218-3337
  • Listing Agent: Mike Brown

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Flooring Type: Laminate, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Gate City High School, Public District Grades 10-12
  • Gate City Middle School, Public District Grades 7-9
  • Shoemaker Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Waldo Gap Highway Turn right onto 23 to Gate City. Turn right onto Kane Street, Left on E Jackson St then right onto Manville Road. Turn Left onto Chestnut Street and then Right onto Promise Street. The Home is on your left with a sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
  • Price Per SqFt: $52/SqFt

Tax Information:

  • Annual Amount: $293
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gate City, VA.

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Gate City, VA

City

Med. Sold Price

$194.5K

Med. Price/SqFt

$114

Avg. Days On Market

81

# of Sold Homes

6

127 Promise St vs Gate City

1 DAY ON ROCKET

-80 Days

$60,000

-$134.5K Less

$52/SqFt

-$63 Less

KEY TAKEAWAY

This property is $134.5K less than the Median Sold Price and $63/SqFt less than other homes in Gate City, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9973106

Listing Office:

  • Office Name: REMAX Rising JC
  • Office Phone: (423) 218-3337
  • Listing Agent: Mike Brown

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$293$36,600
2019 - $36,600
2018 - $36,600
2017$271$36,600

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1802581
7
/10

  • Shoemaker Elementary School

  • 218 Shoemaker Dr

  • 0.60 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1802582
9
/10

  • Gate City Middle School

  • 170 Harry Fry Dr

  • 0.99 miles

  • Public District Grades 7-9

High School

school-card-donut-1802583
6
/10

  • Gate City High School

  • 178 Harry Fry Dr

  • 0.99 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,690. The most common annual income of people living in Gate City, VA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 127 Promise St

What is the listing price of this property?

The listing price of 127 Promise St property is $60,000.

What type of property is this?

The property 127 Promise St is a house located in Gate City, Virginia, 24251.

Is this property for sale now?

Active Listing: 127 Promise St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 127 Promise St are:
Shoemaker Elementary School: GreatSchools Rating 7/10
Gate City Middle School: GreatSchools Rating 9/10
Gate City High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $293 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 127 Promise St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 127 Promise St is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 127 Promise St is 1985.

Rocket Homes›Virginia›Scott County›Gate City›24251›127 Promise St

This home is located at 127 Promise St in Gate City, VA and zip code 24251. This 1,144 square foot home was built in 1985. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $60,000.

Gate City, VA housing market in October 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. Between September 2024 and October 2024, Gate City, VA real estate market has seen decrease in the number of listings by 12.5%. Listings spent 81 days on the market in October 2024, and had a median list price of $194,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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