56 Craig Woods Rd New Castle, VA 24127
Estimated payment $853/month
Total Views
15,645
2
Beds
2
Baths
1,426
Sq Ft
$98
Price per Sq Ft
Highlights
- Contemporary Architecture
- Cathedral Ceiling
- 2 Car Detached Garage
- Wooded Lot
- No HOA
- Front Porch
About This Home
2 bedroom, 2 full bath home that sits on 7 acres with detached 2 car garage. Needs total rehab as a result of fire damage. Power is NOT on so take flashlight. This property is eligible under the Freddie Mac First Look Initiative through 6/19/25. Non-owner occupant offers after that on June 20th, 2025. Road Maintenance agreement is $125 annually. Property is sold ''as-is'' condition only. Seller to do no repairs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,094
Year Built
- Built in 2005
Lot Details
- 7.25 Acre Lot
- Property fronts a private road
- Wooded Lot
- Garden
Home Design
- Contemporary Architecture
Interior Spaces
- 1,426 Sq Ft Home
- Cathedral Ceiling
- Fireplace Features Masonry
- Living Room with Fireplace
- Crawl Space
- Laundry on main level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Detached Garage
- 4 Open Parking Spaces
Outdoor Features
- Front Porch
Schools
- Mccleary Elementary School
- Craig County Middle School
- Craig County High School
Utilities
- Furnace
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Craig Woods Subdivision
Listing and Financial Details
- Tax Lot B
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,094 | $210,400 | $45,000 | $165,400 |
| 2024 | $1,094 | $210,400 | $45,000 | $165,400 |
| 2023 | $1,016 | $161,300 | $32,500 | $128,800 |
| 2022 | $1,016 | $161,300 | $32,500 | $128,800 |
| 2021 | $1,016 | $161,300 | $32,500 | $128,800 |
| 2020 | $952 | $161,300 | $32,500 | $128,800 |
| 2019 | $952 | $161,300 | $32,500 | $128,800 |
| 2018 | $952 | $161,300 | $32,500 | $128,800 |
| 2016 | $918 | $164,000 | $32,500 | $131,500 |
| 2014 | $914 | $163,200 | $32,500 | $130,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $139,900 | -6.7% | $98 / Sq Ft |
| 07/08/2025 07/08/25 | Price Changed | $149,900 | -6.3% | $105 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $159,900 | -5.9% | $112 / Sq Ft |
| 03/24/2014 03/24/14 | Sold | $170,000 | -8.1% | $108 / Sq Ft |
| 02/17/2014 02/17/14 | Pending | -- | -- | -- |
| 05/01/2013 05/01/13 | For Sale | $185,000 | -- | $118 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $166,421 | None Listed On Document | |
| Deed | $170,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $15,000 | New Conventional | |
| Previous Owner | $156,300 | New Conventional | |
| Previous Owner | $153,000 | New Conventional | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $115,400 | New Conventional | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $146,450 | FHA | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $112,000 | New Conventional | |
| Previous Owner | $156,000 | Construction |
Source: Public Records
Similar Homes in New Castle, VA
Source: Roanoke Valley Association of REALTORS®
MLS Number: 917459
APN: 58-3-1-B
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