240 Lynn Drive

240 Lynn Drive has been categorized by the local assessors in Gate City, VA as a type of property. The area measurement of the land has been determined as 1,372 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Finally, the property is currently sourcing its water from system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 240 Lynn Drive sold most recently in Jul 8, 2021 for a total of $119,900. Before that, the property was also sold for $85,100 in Feb 22, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,310 in taxes each year. 240 Lynn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,000. If we break it down further, the land itself was valued at $3,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.