For sale

Price cut: $10K (8/25)

$54,900

207 Magnolia Ave, Gate City, VA 24251

3beds

852sqft

N/A

Get pre-qualified

Single Family Residence

Built in 1958

4,791 Square Feet Lot

$-- Zestimate^®

$64/sqft

$-- HOA

What's special

Bring your vision and renovation ideas to 207 Magnolia Ave! This 2-bedroom, 1-bath home offers approximately 852 square feet and is ready for a new owner to bring it back to life. With a manageable footprint and plenty of potential, this property could be a great opportunity for an investor, contractor, or handy buyer looking for their next project. The home is being sold as-is and will require repairs and updating. Whether you're looking for your next flip or a property you can renovate to make your own, this one offers an affordable opportunity to add value through improvements.

20 days
720
31

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Heating

Heat Pump, Electric

Cooling

Central Air

Appliances

Included: Electric Water Heater

Features

Basement: Partially Finished
Has fireplace: No

Interior area

Total structure area: 852
Total interior livable area: 852 sqft
Finished area above ground: 852

Property

Parking

Parking features: Off Street

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 4,791 Square Feet

Details

Additional structures: Above Grade
Parcel number: 146A8512
Zoning: R-S/R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch/Rambler
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Crawl Space

Condition

New construction: No
Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Gate City

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $42,000
Annual tax amount: $323
Date on market: 8/11/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$1,366/mo

Price history

Date	Event	Price
8/25/2026	Price change	$54,900-15.4%$64/sqft
Source: Bright MLS #VASO2000012 Report a problem
8/18/2026	Price change	$64,900-0.2%$76/sqft
Source: Bright MLS #VASO2000012 Report a problem
8/11/2026	Listed for sale	$65,000+225%$76/sqft
Source: Bright MLS #VASO2000012 Report a problem
1/6/2017	Sold	$20,000$23/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$323	$42,000
2023	$323	$42,000
2022	$323 +54.3%	$42,000 +60.3%
2021	$210	$26,200
2020	--	$26,200
2018	$194	$26,200
2017	--	$26,200
2016	--	$26,200 +37.9%
2015	--	$19,000
2014	--	$19,000 -12%
2012	--	$21,600
2011	--	$21,600
2010	--	$21,600 +39.4%
2009	--	$15,500
2008	--	$15,500
2007	--	$15,500 +14.8%
2003	$99 +160.7%	$13,500
2002	$38	$13,500
2001	$38 +40%	$13,500
2000	$27	$13,500