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Single Family ResidenceResidential
$132,986$121 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $132,000 on Jul 24, 2026

264 TERRACE AVE

GATE CITY, VA 24251
3
Beds
1
Baths
1,100 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.66 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$133K
$125K low$141K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$132,000 · Jul 24, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$792 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$102,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$78,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$102,900

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.28 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySCOTT
Lot (acres)The size of the land the home sits on, from county records.0.66
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 32 ft²Patio · 16 ft²Porch · 144 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Gate City High SchoolB-
High · Grades 9–12 · 0.5 mi
M
Gate City Middle SchoolA-
Middle · Grades 7–8 · 0.5 mi
E
Shoemaker Elementary SchoolB
Elementary · Grades PK–6 · 0.8 mi

District: Scott County Public Schools

Neighborhood · ZIP 24251These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.127
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.117
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.105

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.8,731
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.72 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$46,289
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$66,480
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

264 Terrace Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Smaller than 71% of homes in Gate City 24251
  • Has a smaller lot than 68% of homes in Scott County

What homes are worth in Gate City 24251

Each bar is how many homes fall in that price range. The marker is this home.

This home
$38K$462K

This home is worth more than 43% of homes in Gate City 24251.

How it measures up in Gate City 24251

The dot is this home. The mark in the middle is the typical home in Gate City 24251.

Estimated value$132,986
CheaperTypical $149,828Pricier

Pricier than 43% of homes nearby

Price per ft²$121
CheaperTypical $115Pricier

Pricier than 56% of homes nearby

Living area1,100 ft²
SmallerTypical 1,332 ft²Bigger

Bigger than 29% of homes nearby

Lot size0.66 ac
SmallerTypical 0.98 acBigger

Bigger than 41% of homes nearby

Year built1960
OlderTypical 1965Newer

Newer than 46% of homes nearby

How 264 Terrace Ave ranks against every home in each area.
MeasureThis homeGate City 24251Scott County
Estimated valuepricier than$132,98643% of homes45% of homes
Price per ft²pricier than$12156% of homes56% of homes
Living areabigger than1,100 ft²29% of homes31% of homes
Lot sizebigger than0.66 ac41% of homes32% of homes
Year builtnewer than196046% of homes42% of homes

About 264 Terrace Ave

How much is 264 Terrace Ave, Gate City, VA worth?

The TopHap Estimate for 264 Terrace Ave, Gate City, VA is $132,986 as of Sep 24, 2026. The likely range is $124,673 to $141,299. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 264 Terrace Ave, Gate City, VA last sell?

264 Terrace Ave, Gate City, VA last sold on Jul 24, 2026 for $132,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 264 Terrace Ave, Gate City, VA?

264 Terrace Ave, Gate City, VA has 3 bedrooms, 1 bathrooms, 1,100 square feet of living space and a 0.66-acre lot.

When was 264 Terrace Ave, Gate City, VA built?

264 Terrace Ave, Gate City, VA was built in 1960, making it 66 years old. The building has 1 story.

What schools serve 264 Terrace Ave, Gate City, VA?

264 Terrace Ave, Gate City, VA is assigned to Gate City High School (high), rated B-; Gate City Middle School (middle), rated A-; Shoemaker Elementary School (elementary), rated B. All sit in Scott County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 264 Terrace Ave, Gate City, VA compare to other homes in Gate City 24251?

Among the 3,940 homes in Gate City 24251, it is worth more than 43% of them ($132,986 against a typical $149,828), its price per square foot is higher than 56% of them ($121 against a typical $115), it is bigger than 29% of them (1,100 ft² against a typical 1,332 ft²), its lot is bigger than 41% of them (0.66 ac against a typical 0.98 ac) and it is newer than 46% of them (1960 against a typical 1965). Measured against all of Scott County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 264 Terrace Ave, Gate City, VA?

The 2025 property tax bill for 264 Terrace Ave, Gate City, VA was $792. The county assessed it at $102,900.

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