Sold for $35,000

$35,000

8992 Craig Valley Dr, New Castle, VA 24127

3beds

1,344sqft

Single Family Residence

Built in 1940

0.48 Acres Lot

$195,500 Zestimate^®

$26/sqft

$1,404 Estimated rent

Home value

$195,500

$166,000 - $221,000

$1,404/mo

Zestimate^® history

Owner options

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$1,404/mo

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$1,404/mo

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$161/mo

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$161/mo

Est. payment

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What's special

Attention investors! Priced $40,000 under tax assessment, this cape cod home is ready for your finishing touches. This home is a 3 bedroom, with potential for a 4th bedroom- and 2 full baths. The home is located in the beautiful Craig County, within walking distance to all New Castle amenities- restaurants, churches, gas stations, park, etc. Enjoy the sound of Meadow Creek, right in the backyard- one of the most sought out features of this property!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: U

Bedroom 1

Level: E

Bedroom 2

Level: U

Kitchen

Level: E

Laundry

Level: E

Living room

Level: E

Mud room

Level: E

Heating

Heat Pump Electric

Cooling

Heat Pump Electric

Appliances

Included: Washer, Dishwasher, Electric Range, Refrigerator

Features

Flooring: Vinyl, Wood
Doors: Wood
Windows: Other - See Remarks
Has basement: No
Has fireplace: Yes
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 1,344
Total interior livable area: 1,344 sqft
Finished area above ground: 1,344

Property

Parking

Parking features: Paved, Off Street
Has uncovered spaces: Yes

Features

Levels: One and One Half
Stories: 1
Patio & porch: Deck, Front Porch, Side Porch
Has view: Yes
Has water view: Yes
Water view: River

Lot

Size: 0.48 Acres
Features: Level

Details

Parcel number: 59A54
Zoning: A-2

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Vinyl

Condition

Completed
Year built: 1940

Utilities & green energy

Electric: 0 Phase

Community & HOA

Community

Features: Restaurant
Subdivision: N/A

HOA

Has HOA: No

Location

Region: New Castle

Financial & listing details

Price per square foot: $26/sqft
Tax assessed value: $99,800
Annual tax amount: $414
Date on market: 5/17/2024

Price history

Date	Event	Price
5/24/2024	Sold	$35,000$26/sqft
Source: RVAR #907669 Report a problem
5/19/2024	Pending sale	$35,000$26/sqft
Source: RVAR #907669 Report a problem
5/17/2024	Listed for sale	$35,000+133.3%$26/sqft
Source: RVAR #907669 Report a problem
4/11/2024	Sold	$15,000+650%$11/sqft
Source: Public Record Report a problem
1/25/2021	Sold	$2,000-91.9%$1/sqft
Source: Public Record Report a problem
10/30/2018	Sold	$24,700+37.2%$18/sqft
Source: Public Record Report a problem
9/28/2018	Sold	$18,009-44.1%$13/sqft
Source: RVAR #845742 Report a problem
8/7/2018	Price change	$32,200-12.5%$24/sqft
Source: REALSTAR, REALTORS LLC #845742 Report a problem
7/13/2018	Price change	$36,800-11.1%$27/sqft
Source: REALSTAR, REALTORS LLC #845742 Report a problem
4/26/2018	Price change	$41,400-10%$31/sqft
Source: REALSTAR, REALTORS LLC #845742 Report a problem
3/6/2018	Listed for sale	$46,000+13.6%$34/sqft
Source: REALSTAR, REALTORS LLC #845742 Report a problem
12/14/2017	Sold	$40,500-48.4%$30/sqft
Source: Public Record Report a problem
6/1/2017	Sold	$78,452-1.8%$58/sqft
Source: Public Record Report a problem
10/23/2014	Sold	$79,900$59/sqft
Source: RVAR #805085 Report a problem
6/17/2014	Listed for sale	$79,900+316.2%$59/sqft
Source: Charlton Associates #805085 Report a problem
1/12/2012	Sold	$19,199$14/sqft
Source: RVAR #775223 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$519	$99,800
2024	$519 +3.5%	$99,800 +25.4%
2023	$501	$79,600
2022	$501	$79,600
2021	$501 +6.8%	$79,600
2020	$470	$79,600
2018	$470 -5.1%	$79,600 -10%
2016	$495	$88,400
2014	$495 +3.7%	$88,400
2013	$477	$88,400
2012	$477 +15.5%	$88,400 +19.8%
2011	$413	$73,800