NOT LISTED FOR SALE

553 Salem Ave New Castle, VA 24127

Estimated Value: $303,000 - $358,668

3 Beds
3 Baths
3,619 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $249,950 $69 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,912/month

Highlights

  • Mountain View
  • American Four Square Architecture
  • Covered Patio or Porch
  • Dining Room with Fireplace
  • No HOA
  • Breakfast Area or Nook

About This Home

As of May 2021

This stunning, historic home is one of the crown jewels of New Castle. The ''Wagener House'' was completed in 1890 and features over 3,600 finished sq. ft., spacious rooms, 9' ceilings, crown molding, heart pine floors, FIVE fireplaces, a wraparound porch, and numerous, unique architectural features. It has 3 bedrooms, 3 full baths, paved driveway, fenced yard and a detached garage. The home sits on a large, flat lot of 1.93 acres. Numerous possibilities for this property; forever home, bed and breakfast, Airbnb or VRBO potential. This home is a must see!

Last Agent to Sell the Property

James Fisher

YOUNG REALTY COMPANY License #0225240372 Listed on: 04/30/2021

Last Buyer's Agent

James Fisher

YOUNG REALTY COMPANY License #0225240372 Listed on: 04/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1890

Lot Details

  • 1.93 Acre Lot
  • Fenced Yard
  • Level Lot
  • Cleared Lot
  • Garden

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,619 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Bay Window
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Mountain Views
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Block 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Book Shelves, Breakfast Area, Ceiling Fan, Gas Log Fireplace
  • Heating System: Forced Air Electric, Gas - Propane, Heat Pump Electric
  • Fireplace(s): Dining Room, Living Room, Other - See Remarks
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Range Electric, Range Hood, Refrigerator, Sump Pump
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Covered Porch, Fenced Yard, Garden Space, Paved Driveway, Storage Shed
  • Views: Mountain
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 2109.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 5
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3619
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 08 - Craig County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2021-05-02
  • Residential Type: Detached
  • Style Of House: Foursquare
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3619
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3619.00
  • Uncovered Parking: Street Parking
  • UpperAboveGrdFin Sq Ft: 1510.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

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: Fireplace Blower

Schools

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

Green Features

  • Energy Features: Fireplace Insert

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.93

Building Info

  • Year Built: 1890

Tax Info

  • Taxes (6 mo): 1177.64
  • FILLTAXID: 47A6-10-13

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
Apr 30, 2021
Closed on
May 13, 2021
Sold by
Shoemaker Joshua Bolton
Bought by
Masden Walter W
Seller's Agent
James Fisher
YOUNG REALTY COMPANY
Buyer's Agent
James Fisher
YOUNG REALTY COMPANY
List Price
$249,950
Sold Price
$249,950
Current Estimated Value
$333,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,467
Avg. Annual Appreciation
8.21%

Purchase Details

Listed on
Dec 1, 2015
Closed on
Sep 20, 2016
Sold by
Squires David A and Squires Therese M
Bought by
Shoemaker Joshua Bolton
Seller's Agent
Edgar Smith
MKB, REALTORS(r) - OAK GROVE
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$174,600
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Mccarthy Maureen Fay and Mccarthy William F
Bought by
Squires David A and Squires Therese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.98%
Mortgage Type
New Conventional
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
Masden Walter W $249,950 Fidelity National Title
Marsden Walter W $249,950 Fidelity National Title
Shoemaker Joshua Bolton -- None Available
Squires David A $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoemaker Joshua Bolton $174,600
Previous Owner Squires David A $178,000
Previous Owner Squires David A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $249,950 0.0% $69 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $249,950 +28.8% $69 / Sq Ft
09/23/2016 09/23/16 Sold $194,000 -3.0% $54 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $199,900 -- $55 / 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 $1,624 $312,300 $50,600 $261,700
2024 $1,624 $312,300 $50,600 $261,700
2023 $1,257 $199,600 $45,600 $154,000
2022 $1,257 $199,600 $45,600 $154,000
2021 $1,257 $199,600 $45,600 $154,000
2020 $1,178 $199,600 $45,600 $154,000
2019 $1,178 $199,600 $45,600 $154,000
2018 $1,178 $199,600 $45,600 $154,000
2016 $1,421 $253,700 $45,600 $208,100
2014 $1,421 $253,700 $45,600 $208,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Fisher

    YOUNG REALTY COMPANY

    (540) 387-0466

    86 Total Sales

    James Fisher
    Section Image

  • E

    Seller's Agent in 2016

    Edgar Smith

    MKB, REALTORS(r) - OAK GROVE

    (540) 353-2800

    86 Total Sales

    Edgar Smith
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879326

Roanoke Valley Association of REALTORS®

APN: 47-A6-10- - 13

Virginia Craig County New Castle 24127

553 Salem Ave, New Castle, VA

This home is located at 553 Salem Ave, New Castle, VA 24127 since 30 April 2021 and is currently estimated at $333,417, approximately $92 per square foot. This property was built in 1890. 553 Salem Ave is a home located in Craig County with nearby schools including McCleary Elementary School and Craig County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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