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Pending
  • Price increase: $10K (6/2)
    $140,000

    264 Terrace Ave, Gate City, VA 24251

    3beds
    1,100sqft
    : 
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    Single Family Residence, Residential
    Built in 1964
    0.66 Acres Lot
    $-- Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Gorgeous mountain viewsDarling brick ranchEat-in kitchen
    Darling brick ranch with the perfect iced tea sippin' front porch to enjoy your gorgeous mountain views! This great home has a large living room, an eat-in kitchen, 3 bedrooms and a full bathroom on the main level with a full unfinished basement that could be finished for additional square footage! There is a large patio in the back as well! You will love the proximity to town with shopping and restaurants while also being a quick drive to Kingsport, TN. There is also a great yard barn for storage! Do not miss this one! Property is being sold ''as is''. Roof is metal and newer, heat pump is older but in good condition. Ask your agent for more details regarding the FHA appraisal that is currently on file (private remarks).
    72 days
    |
    99
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Lusk 423-767-5320,

    The Addington Agency Bristol

    Source: TVRMLS,MLS#: 9994537

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Lower
      Heating
      • Central, Forced Air, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, See Remarks
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Master Downstairs, Eat-in Kitchen, Kitchen/Dining Combo
      • Flooring: Carpet, Vinyl
      • Basement: Block,Full,Interior Entry,Unfinished
      Interior area
      • Total structure area: 2,200
      • Total interior livable area: 1,100 sqft

      Property

      Parking
      • Parking features: Driveway, Asphalt, Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Rear Patio
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.66 Acres
      • Dimensions: 146' x 194' x 151' x 193'
      • Topography: Sloped
      Details
      • Additional structures: Outbuilding
      • Parcel number: 146a9 4 9 13
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick
      • Foundation: Block
      • Roof: Metal
      Condition
      • Average
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not Listed
      HOA
      • Has HOA: No
      Location
      • Region: Gate City

      Financial & listing details

      • Price per square foot: $127/sqft
      • Tax assessed value: $102,900
      • Annual tax amount: $792
      • Date on market: 6/2/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,427/mo

        Price history

        DateEventPrice
        6/8/2026Pending sale$140,000$127/sqft
        Source: TVRMLS #9994537 Report a problem
        6/2/2026Price change$140,000+7.7%$127/sqft
        Source: TVRMLS #9994537 Report a problem
        5/10/2026Pending sale$130,000$118/sqft
        Source: TVRMLS #9994537 Report a problem
        5/5/2026Price change$130,000-21.2%$118/sqft
        Source: TVRMLS #9994537 Report a problem
        4/27/2026Listed for sale$165,000+151.1%$150/sqft
        Source: TVRMLS #9994537 Report a problem
        6/5/2018Sold$65,720$60/sqft
        Source: TVRMLS #397770 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$792 $102,900
        2023$792 $102,900
        2022$792 +13.4%$102,900 +17.9%
        2021$698 $87,300
        2020-- $87,300
        2018$646 $87,300
        2017-- $87,300
        2016-- $87,300 +12.5%
        2015-- $77,600
        2014-- $77,600

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 24251

        Getting around

        30 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Shoemaker
        • Middle: Gate City
        • High: Gate City

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

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