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2451 Possum Creek Road

2451 Possum Creek Road, Gate City, VA 24251
Property in Scott
Sold Nov 21, 2014
$89,000
$79,500 by New Peoples Bank Inc
Mortgage
2451 Possum Creek Road has been categorized by the local assessors in Gate City, VA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2451 Possum Creek Road has 1,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 81,893 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. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable or hip style roof made of metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Nov 21, 2014 for $89,000. That's $71.31 per sqft. 2451 Possum Creek Road was last assessed in 2023. The total value of the property was assessed at $77,200. Specifically, the land the property is located on was valued at $25,600. While improvements on the property were assessed at a total of $51,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $594. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 81,893
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.88
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: OPOSSUM CREEK

Ownership

  • Current Owner : ARNOLD TAMMY JO
  • Previous Owner : STURGILL ROBERT O
  • Previous Owner 2: STURGILL LINDA F

Neighborhood

  • School District Name: Scott County Public Schools
  • Census Tract: 030200

Geography

  • Account Number: 2006
  • Parcel: 163 A 31
  • Municipality: ESTILLVILLE DISTRICT
  • Latitude: 36.6077
  • Longitude: -82.6982

    Address

  • Full Address: 2451 Possum Creek Rd
  • Address - House Number: 2451
  • Address - Street Name: Possum Creek
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Gate City
  • Carrier Code: R003
  • 4-Digit Zip Code: 5797
  • Zip Code: 24251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,500
  • First Open Lien Mortgage Lender: NEW PEOPLES BANK INC
  • First Open Lien Mortgage Recording Date: Nov 21, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $79,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $77,200
  • Market Land Value: $25,600
  • Market Improvement Value: $51,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,200
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $51,600

    Sales

  • Current Sale Contract Date: Nov 21, 2014
  • Current Sale Recording Date: Nov 21, 2014
  • Current Sale Transaction ID: 11444816836
  • Current Sale Price: $89,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW PEOPLES BANK INC
  • First Mortgage Transaction Date: Nov 21, 2014
  • First Mortgage Loan Amount: $79,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Scott



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Frequently Asked Questions

What neighborhood is 2451 Possum Creek Road located in?
The 2451 Possum Creek Road is a located in the neighborhood of Scott in Scott, Gate City.
What is the average sales price for listings in 2451 Possum Creek Road?
The average sales price for units in 2451 Possum Creek Road is $0 currently.

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