For sale

$167,500

49 Holcombe Ave, New Castle, VA 24127

3beds

1,740sqft

$1,078/mo

Get pre-qualified

Single Family Residence

Built in 1922

0.75 Acres Lot

$166,700 Zestimate^®

$96/sqft

$-- HOA

What's special

Large garden spotThree other outbuildingsHardwoods throughout the houseLarge four square

Large four square with 5 lots in the heart of the town of Newcastle, two blocks from the historic downtown area, 3 blocks from the grocery, and just 20 minutes from Salem, 30 minutes to Blacksburg. Lots of potential, 3 BR, 1.5 BA, hardwoods throughout the house. Heat pump for central heating and cooling. Huge attic could be converted to another BR or other living space. Large two car detached garage with workroom and woodstove, and three other outbuildings as well. Large corner lot (5 adjoining lots!) with potential to build out another house, or a large garden spot for single family. Only minutes away from all the outdoor things that Craig County has to offer, could be a great BNB or traditional rental. Needs some TLC and work, but solid. Bring all offers!

228 days
397
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Level: Upper

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Other

Level: Upper

Dining area

Level: Entry

Eat in kitchen

Level: Entry

Kitchen

Level: Entry

Laundry

Level: Entry

Living room

Level: Entry

Heating

Heat Pump Electric

Cooling

Heat Pump Electric

Features

Flooring: Wood
Doors: Fiberglass, Wood
Windows: Other
Basement: Partial
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 1,740
Total interior livable area: 1,740 sqft

Property

Parking

Total spaces: 6
Parking features: Paved Driveway
Covered spaces: 2
Uncovered spaces: 4
Details: Off Street Parking

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch, Rear Porch, Covered Porch, Screened Porch
Has view: Yes
View description: City, Mountain(s)

Lot

Size: 0.75 Acres

Details

Parcel number: 47A61061 1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding

Condition

Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Trail Access

HOA

Has HOA: No

Location

Region: New Castle

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $156,300
Annual tax amount: $830
Date on market: 5/4/2026
Cumulative days on market: 215 days

Estimated market value

$166,700

$158,000 - $175,000

$1,676/mo

Price history

Date	Event	Price
4/8/2026	Listed for sale	$167,500$96/sqft
Source: RVAR #924119 Report a problem
3/25/2026	Pending sale	$167,500$96/sqft
Source: RVAR #924119 Report a problem
3/10/2026	Price change	$167,500-2%$96/sqft
Source: RVAR #924119 Report a problem
1/20/2026	Listed for sale	$171,000+55.5%$98/sqft
Source: RVAR #924119 Report a problem
11/9/2023	Sold	$110,000+20.3%$63/sqft
Source: Public Record Report a problem
4/2/2019	Sold	$91,425-8.6%$53/sqft
Source: RVAR #856550 Report a problem
3/12/2019	Pending sale	$100,000$57/sqft
Source: RE/MAX REAL ESTATE ONE #856550 Report a problem
12/28/2018	Price change	$100,000-9.1%$57/sqft
Source: RE/MAX REAL ESTATE ONE #849311 Report a problem
5/26/2017	Price change	$110,000-9.2%$63/sqft
Source: RE/MAX REAL ESTATE ONE #832002 Report a problem
5/2/2016	Price change	$121,100-30.8%$70/sqft
Source: RE/MAX REAL ESTATE ONE #825325 Report a problem
4/18/2016	Listed for sale	$175,000$101/sqft
Source: RE/MAX REAL ESTATE ONE #825325 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$813	$156,300
2024	$813 +5.8%	$156,300 +28.2%
2023	$768	$121,900
2022	$768 0%	$121,900
2021	$768 +6.8%	$121,900
2020	$719	$121,900
2018	$719 +6.1%	$121,900 +0.7%
2016	$678	$121,100
2014	$678 +3.7%	$121,100
2013	$654	$121,100
2012	$654 +6.8%	$121,100 +10.8%
2011	$612	$109,300