Sold for $53,500

$53,500

201 Commerce Ave, Iron Gate, VA 24448

3beds

1,026sqft

Single Family Residence

Built in 1950

0.25 Acres Lot

$55,300 Zestimate^®

$52/sqft

$1,123 Estimated rent

Home value

$55,300

Estimated sales range

Not available

$1,123/mo

Zestimate^® history

Owner options

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$1,123/mo

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$1,123/mo

Rent Zestimate^®

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$263/mo

Est. payment

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$263/mo

Est. payment

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What's special

Open feel

PRICED TO SELL!!! Well maintained home located in Iron Gate, close to Roanoke, Lexington and I-64.This home has 1026 sq ft+/_ of living space which includes 3 bedrooms and 1 bath. The home has an open feel with two living areas, kitchen and a dining/sun room. The laundry/mudroom opens out to a deck area with beautiful views of the mountains. The home has oil heat, a new hot water heater and 100 amp electric service. The floors are laminate and vinyl. This would be a good home for a couple of students attending Mountain Gateway College, your payment would be cheaper than rent. Nice home at an affordable price. No Government Loans!! Home Being Sold As-Is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Oil

Cooling

None

Appliances

Included: Electric

Features

Ceiling Fan(s)
Flooring: Vinyl, Laminate
Basement: Unfinished

Interior area

Total structure area: 1,026
Total interior livable area: 1,026 sqft

Property

Features

Patio & porch: Deck
Fencing: Partial

Lot

Size: 0.25 Acres

Details

Parcel number: 044F2022900150
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Roof: Shingle

Condition

Year built: 1950

Utilities & green energy

Sewer: Public Sewer

Community & neighborhood

Location

Region: Iron Gate

Price history

Date	Event	Price
4/25/2025	Sold	$53,500$52/sqft
Source: Rockbridge Highlands REALTORS® #139035 Report a problem
3/7/2025	Pending sale	$53,500$52/sqft
Source: Rockbridge Highlands REALTORS® #139035 Report a problem
3/5/2025	Price change	$53,500-33%$52/sqft
Source: Rockbridge Highlands REALTORS® #139035 Report a problem
2/2/2025	Listed for sale	$79,900$78/sqft
Source: Rockbridge Highlands REALTORS® #139035 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$561 +39.7%	$114,500 +108.2%
2024	$402	$55,000
2023	--	$55,000
2022	$402	$55,000
2021	$402	$55,000
2020	$402	$55,000 -2.8%
2018	--	$56,600
2017	--	$56,600
2016	--	$56,600
2015	--	--
2014	--	--
2012	--	--
2011	--	--
2010	--	--

Find assessor info on the county website

Neighborhood: 24448

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Nearby schools

GreatSchools rating

10/10
Sharon Elementary School
Grades: PK-5Distance: 2.7 mi
2/10
Clifton Middle School
Grades: 6-8Distance: 10.9 mi
2/10
Alleghany High School
Grades: 9-12Distance: 6.3 mi

Schools provided by the listing agent

Elementary: Sharon Elementary
Middle: Covington Middle
High: Alleghany High

Source: Rockbridge Highlands REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.