586 Graceland Dr Bassett, VA 24055
3
Beds
1
Bath
1,025
Sq Ft
0.98
Acres
Highlights
- Deck
- 1 Fireplace
- Fenced Yard
- Ranch Style House
- No HOA
- Shed
About This Home
As of August 2025Welcome to 586 Graceland Drive - PRICED TO SELL! Peaceful brick ranch on nearly an acre, just minutes from Philpott Lake. This well-maintained home offers 3 bedrooms, 1 full bath. One bedroom has no closet. Kitchen features a moveable island, range, refrigerator with ice maker, dishwasher, and microwave. Washer and dryer convey. Enjoy the spacious rear deck--partially covered. Blackberry Creek along the back of the property. Located on a quiet dead-end street with great curb appeal. Full 1,025 sq. ft. basement offers potential for a workshop, gym, or added living space. Recent updates include newer heat pump and new chain-link fence. MOTIVATED SELLER--don't miss this rare opportunity for peaceful, nature-filled living! Sqft./lot size est. Information taken from tax assessment and/or seller.
Last Agent to Sell the Property
THE SPENCER GROUP REAL ESTATE & AUCTION INC License #0225019646 Listed on: 05/22/2025
Last Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $569
Year Built
- Built in 1962
Lot Details
- 0.98 Acre Lot
- Lot Dimensions are 150x244x175x323
- Fenced Yard
- Property is zoned SR
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,025 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Electric Range
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 1 Parking Space
- Attached Carport
Outdoor Features
- Deck
- Shed
Schools
- Campbell Court Elementary School
Utilities
- Heat Pump System
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Feb 23, 2024
Sold by
Snead Vickie
Bought by
Cavaliere David and Cavaliere Robin
Seller's Agent
Tonya Bredamus
KW Martinsville
Buyer's Agent
Tonya Bredamus
KW Martinsville
List Price
$199,900
Sold Price
$174,000
Premium/Discount to List
-$25,900
-12.96%
Views
228
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Purchase Details
Listed on
Jun 29, 2020
Closed on
Jul 31, 2020
Sold by
Setliff Wanda B and Cox Linda B
Bought by
Smith Vickie R
Buyer's Agent
Non Member Office
Non Member Office
List Price
$110,900
Sold Price
$110,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$105,355
Interest Rate
3.1%
Mortgage Type
New Conventional
Similar Homes in Bassett, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $174,000 | Virginia Title | |
| Warranty Deed | $110,900 | Court Street Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $62,000 | Credit Line Revolving | |
| Previous Owner | $105,355 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $187,400 | +1.3% | $183 / Sq Ft |
| 07/27/2025 07/27/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | Price Changed | $185,000 | -2.6% | $180 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $189,900 | -5.0% | $185 / Sq Ft |
| 06/07/2025 06/07/25 | Price Changed | $199,900 | -7.0% | $195 / Sq Ft |
| 05/31/2025 05/31/25 | Price Changed | $215,000 | -4.4% | $210 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $225,000 | +25.1% | $220 / Sq Ft |
| 03/03/2024 03/03/24 | Off Market | $179,900 | -- | -- |
| 02/26/2024 02/26/24 | Sold | $174,000 | -3.3% | $170 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | Price Changed | $179,900 | -1.4% | $176 / Sq Ft |
| 11/04/2023 11/04/23 | Price Changed | $182,500 | -3.9% | $178 / Sq Ft |
| 10/19/2023 10/19/23 | Price Changed | $189,900 | -2.4% | $185 / Sq Ft |
| 10/13/2023 10/13/23 | Price Changed | $194,500 | -2.7% | $190 / Sq Ft |
| 10/06/2023 10/06/23 | For Sale | $199,900 | +80.3% | $195 / Sq Ft |
| 07/31/2020 07/31/20 | Sold | $110,900 | 0.0% | $108 / Sq Ft |
| 07/31/2020 07/31/20 | Pending | -- | -- | -- |
| 06/29/2020 06/29/20 | For Sale | $110,900 | -- | $108 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $383 | $69,000 | $9,000 | $60,000 |
| 2023 | $383 | $69,000 | $9,000 | $60,000 |
| 2022 | $383 | $69,000 | $9,000 | $60,000 |
| 2021 | $383 | $69,000 | $9,000 | $60,000 |
| 2020 | $383 | $69,000 | $9,000 | $60,000 |
| 2019 | $383 | $69,000 | $9,000 | $60,000 |
| 2018 | $38,295 | $69,000 | $9,000 | $60,000 |
| 2017 | $38,295 | $69,000 | $9,000 | $60,000 |
| 2016 | $34,502 | $70,700 | $9,000 | $61,700 |
| 2015 | $34,502 | $70,700 | $9,000 | $61,700 |
| 2014 | -- | $70,700 | $9,000 | $61,700 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Spencer
Seller's Agent in 2025
Cathy Spencer
THE SPENCER GROUP REAL ESTATE & AUCTION INC
(276) 732-8772
430 Total Sales
-
N
Buyer's Agent in 2025
Non Member Transaction Agent
Non-Member Transaction Office
-
Tonya Bredamus
Seller's Agent in 2024
Tonya Bredamus
KW Martinsville
(276) 806-9018
182 Total Sales
-
Amy Guilliams
Seller Co-Listing Agent in 2024
Amy Guilliams
KW Martinsville
(540) 420-8798
194 Total Sales
-
N
Buyer's Agent in 2020
Non Member Office
Non Member Office
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 917551
APN: 011210001
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