586 Graceland Dr Bassett, VA 24055
Property details
About 586 Graceland Dr
Welcome to 586 Graceland Drive - a peaceful brick ranch retreat on 0.98 acres just minutes from Philpott Lake! This well-maintained home features 2 bedrooms, 1 full bath, and a formal dining room that could serve as a 3rd bedroom. The kitchen includes a moveable island, range, refrigerator w/ice maker, dishwasher, and microwave. Washer and dryer also convey. Enjoy the large rear deck-partially covered-perfect for relaxing or entertaining, with Blackberry Creek running along the back of the property. Located on a quiet dead-end street with great curb appeal. A full 1,025 sq. ft. unfinished basement offers endless possibilities for a workshop, gym, or extra living space. Don't miss this rare opportunity for peaceful, nature-filled living. with a propane wall heater.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Washer, Electric Range, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Other - See Remarks, Vinyl
- Interior: Ceiling Fan
- Total Bedroom Count: 2
- Parking: Carport Attached
- Exterior: Deck, Fenced Yard, Paved Driveway, Storage Shed
- Architectural Style: Ranch
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $225,000
- Price/SqFt: $219
- Annual Tax Amount: $382
- Tax Year: 2023
- Directions: 57 Alternate, pass entrance to Philpott Lake, Left on Mount Herman Church Rd., left on Graceland Dr., home on right.
- Year Built: 1962
- Stories: 1
- Living Area: 1,025 SqFt
- Lot Size: 0.98 Acres
- MLS Number: 917551
- Office Name: THE SPENCER GROUP REAL ESTATE & AUCTION INC
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Last updated on: 5/29/2025, 5:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
586 Graceland Dr
$2,672
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 26, 2024 | Home Sold | $174,000 |
| Jul 31, 2020 | Home Sold | $110,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $69,000 | $382 |
| 2022 | $69,000 | $382 |
| 2021 | $69,000 | $382 |
| 2020 | $69,000 | $382 |
| 2018 | $69,000 | $38,295 |
| 2017 | $69,000 | $382 |
History based on county public records data.
Nearby schools
5
Sanville Elementary School
Public District PK-5
2.7 mi
•19 Sanville School Rd
6
Campbell Court Elementary School
Public District PK-5
3.1 mi
•220 Campbell Ct
4
Stanleytown Elementary School
Public District PK-5
5.5 mi
•74 Edgewood Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,338. The majority of Bassett, VA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
Oldies
Frequently asked questions
About 586 Graceland Dr
The listing price of 586 Graceland Dr property is $225,000.
The property 586 Graceland Dr is a house located in Bassett, Virginia, 24055.
Active Listing: 586 Graceland Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 586 Graceland Dr are: Sanville Elementary School (GreatSchools Rating 5/10), Campbell Court Elementary School (GreatSchools Rating 6/10), Stanleytown Elementary School (GreatSchools Rating 4/10), Fieldale-Collinsville Middle School (GreatSchools Rating 4/10), Hardin Reynolds Elementary School (GreatSchools Rating 5/10), Martinsville Middle School (GreatSchools Rating 4/10), Bassett High School (GreatSchools Rating 4/10), Martinsville High School (GreatSchools Rating 3/10), Magna Vista High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $382 (source: MLS/based on county public records data).
The last sale was on February 26, 2024 for $174,000 (source: MLS/tax record).
The property at 586 Graceland Dr has 2 bedrooms and 1 bathroom.
The property 586 Graceland Dr is 1,025 SqFt (source: MLS/tax record).
The year of construction for 586 Graceland Dr is 1962.
This home is located at 586 Graceland Dr in Bassett, VA and zip code 24055. This 1,025 square foot home, which was built in 1962, sits on a 0.98 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $225,000.
The inventory of homes for sale in Bassett, VA between March and April 2025 increased by 87.5%. While the average time on the market in April 2025 was 33 days, the median list price was $200,000.