NOT LISTED FOR SALE

11214 Cumberland Gap Rd New Castle, VA 24127

Estimated Value: $242,000 - $413,550

14.4 Acres
$22,249 Price per Acre
627,264 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $1,400,000

Current estimated payment $1,877/month

188 Days on Market

Highlights

  • Barn
  • No HOA
  • Garage
  • Horses Allowed On Property
  • Separate Outdoor Workshop
  • Property is Fully Fenced

About This Lot

As of October 2021

Historic farm circa 1850 with 294 unspoiled deeded acres Home to one of the largest old growth White Oak’s in Virginia Adjoins the Jefferson National Forest & Appalachian Trail Working cattle farm – fenced and cross fenced Notable 1850’s original farmhouse, a significant developed spring, several outbuildings Tremendous limestone cave with tall rooms, underground stream, 10,000+ years old mineral formations of stalactites, stalagmites, flowstone Commercially valuable timber ready for immediate harvest if so desired Rich and diverse wildlife population – unrivaled in the region Productive hay land, pasture & meadows, all integrated with 124 acres of mature woodland Several home sites with stunning long views of distant mountains Drilled water well, spring, private septic, electric, landline phone, cell coverage, 4G 45 minutes to Roanoke with jet airport, interstate, hospital, shopping, city amenities

Last Agent to Sell the Property

Richard Grist

Foxfire Realty License #0225223418 Listed on: 03/30/2021

Last Buyer's Agent

Richard Grist

Foxfire Realty License #0225223418 Listed on: 03/30/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,572

Lot Details

  • Rural Setting
  • Property is Fully Fenced

Parking

  • Garage

Utilities

  • Well
  • Septic System
  • Phone Available

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 95

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,572

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Craig
  • Legal Description: 294.44 acres Craig County, Virginia
  • Lvt Date: 03/30/2021
  • Miscellaneous: Fencing-Total, Suitable For Horses
  • Parcel Nbr: 95
  • Property Sub Type: Land
  • Best Use: Farming, Recreation, Res/Multi-Family, Res/Single Family, Timber
  • Buildigs on Property: Barn, Garage, House, Shed, Workshop
  • Type Of Property: Res/Single Family, Rural
  • Special Features: None

Utilities

  • Utilities: Electricity, Septic, Telephone Lines, Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Craig County
  • Elementary School: McCleary
  • Middle School: Craig Combined
  • High School: Craig County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2021
Sold by
Cumbee William R
Bought by
Pavoni Justin and Pavoni Jessica
Current Estimated Value
$320,388
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pavoni Justin $1,250,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $1,400,000 0.0% --
03/30/2021 03/30/21 For Sale $1,400,000 -- --
Source: New River Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2025 $1,572 $302,400 $88,600 $213,800
2024 $1,572 $302,400 $88,600 $213,800
2023 $1,131 $247,600 $66,500 $181,100
2022 $1,560 $247,600 $66,500 $181,100
2021 $1,560 $247,600 $66,500 $181,100
2020 $1,461 $247,600 $66,500 $181,100
2019 $1,461 $247,600 $66,500 $181,100
2018 $1,461 $247,600 $66,500 $181,100
2016 $1,114 $198,900 $66,500 $132,400
2014 $1,114 $198,900 $66,500 $132,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 411345

New River Valley Association of REALTORS®

APN: 95- - A- - 51