NOT LISTED FOR SALE

125 Magnolia Ave New Castle, VA 24127

Estimated Value: $106,000 - $164,000

3 Beds
1 Bath
1,696 Sq Ft
$84/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $57,000 $34 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $800/month

227 Days on Market

Highlights

  • Mountain View
  • Covered Patio or Porch
  • 1 Car Detached Garage
  • No HOA
  • Fenced Yard
  • Shed

About This Home

As of June 2023

This grand old home is one of the oldest homes in the community. Rich in ornate detail featuring a Mansard style roof and many characteristics of a bygone era. Built by the railroad in the 1890's and sitting next to its twin sisters house, this home features three spacious bedrooms and one full bath, formal living room and dining room, large covered front porch and numerous outbuildings. Situated on two spacious lots with a fully fenced yard and plenty of garden space. Will need a lot of TLC especially on the exterior but has the potential to be a true gem again. Interior is in liveable condition with the exception of a minor leak in the kitchen ceiling. Move in and restore as you go!

Last Agent to Sell the Property

Chasity Marie Labiosa

MKB, REALTORS(r) - NEW CASTLE License #0225186520 Listed on: 09/01/2022

MKB, REALTORS(r) - NEW CASTLE

Co-Listed By

Amy McDaniel

MKB, REALTORS(r) License #0225248418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $333

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 150
  • Fenced Yard
  • Level Lot
  • Garden
  • Property is zoned R1

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Mountain Views
  • Basement
  • Dirt Floor
  • Storm Doors
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Mccleary Elementary School
  • Craig County Middle School
  • Craig County High School

Utilities

  • No Cooling
  • Radiator
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 & 4 / 30

Home Details

Home Type

Single Family

Est. Annual Taxes

$333

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Interior Features: Book Shelves
  • Heating System: Radiator Oil Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Partial
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Fenced Yard, Garden Space, Storage Shed
  • Views: Mountain
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 928.00
  • ExteriorDoors: Insulated Storm, Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1846
  • LaundryLaundryEntryLevel: 1
  • Major Area: 08 - Craig County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2023-04-16
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1696
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1696.00
  • TotalUnfin Sq Ft: 150.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 150.00
  • UpperAboveGrdFin Sq Ft: 768.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Schools

  • Elementary School: Mccleary
  • Middle School: Craig County Middle
  • High School: Craig County

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 50 x 150
  • Property Group Id: 19990816212109142258000000
  • Lot: 3 & 4
  • ZoningCode: R1

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 332.64
  • FILLTAXID: 47A3-1-30-3

MLS Schools

  • Elementary School: Mccleary
  • HighSchool: Craig County
  • Middle School: Craig County Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jun 13, 2023
Sold by
Caldwell Kathy Crowley and Preston Jeanette
Bought by
Johns Twanna J
Seller's Agent
Chasity Marie Labiosa
MKB, REALTORS(r) - NEW CASTLE
List Price
$84,900
Sold Price
$57,000
Premium/Discount to List
-$27,900
-32.86%
Views
140
Current Estimated Value
$142,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,503
Avg. Annual Appreciation
48.98%
Original Mortgage
$140,000
Outstanding Balance
$136,699
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$777
Source: Public Records

Range of Values:

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Average Value
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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
Johns Twanna J $57,000 Sage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johns Twanna J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $57,000 -29.6% $34 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
02/26/2023 02/26/23 Price Changed $81,000 -4.6% $48 / Sq Ft
02/20/2023 02/20/23 For Sale $84,900 0.0% $50 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
09/01/2022 09/01/22 For Sale $84,900 -- $50 / Sq Ft
Source: Roanoke 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 $524 $100,700 $25,000 $75,700
2024 $524 $100,700 $25,000 $75,700
2023 $287 $52,800 $12,000 $40,800
2022 $333 $52,800 $12,000 $40,800
2021 $333 $52,800 $12,000 $40,800
2020 $312 $52,800 $12,000 $40,800
2019 $312 $52,800 $12,000 $40,800
2018 $312 $52,800 $12,000 $40,800
2016 $325 $58,100 $12,000 $46,100
2014 $325 $58,100 $12,000 $46,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892623

Roanoke Valley Association of REALTORS®

APN: 47-A3-1-30-3