NOT LISTED FOR SALE

7532 Cumberland Gap Rd New Castle, VA 24127

Estimated Value: $202,000 - $523,000

4 Beds
2.5 Baths
1,858 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $275,000 $148 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,573/month

80 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Spring on Lot
  • Horses Allowed On Property
  • Deck
  • Wood Flooring

About This Home

As of October 2015

Lovely custom home on almost 9 acres. Only 20 min from the VT campus & beautifully sited with extensive road frontage on Designated Scenic Route 42. This property offers an ideal blend of a well-equipped, manageable acreage with a lovely modern home. Ideal for horses with 7+ fenced acres, four 12x12 matted stalls, a 12x12 tack room, & a 12x12 feed room. Pastures are spring fed and barn is equipped with water and electric. Wonderful neighborhood, with many VT faculty & staff, in the midst of a welcoming community, featuring historic farms, well-kept properties, & exceptional views. The Appalachian Trail is just down the road & with the Jefferson National Forest on either side of the valley, you will enjoy a protected, private setting within a quick commute to Blacksburg & the NRV

Last Listed By

Megan Roschelli

Coldwell Banker Townside Bburg License #0225212584 Listed on: 06/24/2015

Coldwell Banker Townside Bburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 2004

Lot Details

  • Rural Setting
  • Fenced Yard
  • Landscaped
  • Cleared Lot
  • Garden
  • Property is in good condition
  • Property is zoned Agricultural

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,858 Sq Ft Home
  • Ceiling Fan
  • Flue
  • Wood Flooring
  • Attic Access Panel
  • Washer and Electric Dryer Hookup
  • Property Views

Kitchen

  • Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Spring on Lot
  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • Stream

Listing and Financial Details

  • Assessor Parcel Number 005121

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,090

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1858
  • Class: Residential
  • County Or City: Craig
  • Deed Bk Pg Instrumnt: 0176/0811
  • Legal Description: Deed book/page 0176/0811, Sinking Ck, 8.7848 ac
  • Master On Main: Yes
  • Number Rooms: 7
  • Parcel Nbr: 005121
  • Porch Dim Descrip: 32X6
  • Property Sub Type: Detached
  • Style Structure Home: Cape Cod
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Dryer Hookup-Elec, Oven, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Full, Laundry, Outside Access, Walk Out
  • Bedrooms: 4
  • Fireplace: Flue
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-In Closet(s), Walls-Drywall

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Garden Space, Gravel Driveway, Insulated Glass, Porch, Quality Landscaping
  • Exterior Finish: Cement-Composite
  • Roofing: Shingle

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic
  • Water: Well

Schools

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

Lot Info

  • Land Description: Barn, Part Cleared, Road Frontage, Rural, Spring, State Maintained Rd, Stream, Suitable For Horses, View
  • Zoning: Agricultural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Oct 1, 2015
Sold by
Hamilton Phyllis I
Bought by
Trice Warren H and Trice Heather B
Seller's Agent
Megan Roschelli
Coldwell Banker Townside Bburg
Buyer's Agent
Marshall Overstreet
RE/MAX 8 - Blacksburg
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%
Total Days on Market
80
Current Estimated Value
$432,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,855
Avg. Annual Appreciation
4.84%
Original Mortgage
$233,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Denton Gary D and Denton Lorraine F
Bought by
Ursa Minor Llc

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
Trice Warren H $275,000 Virginia Title Center, Llc
Ursa Minor Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trice Warren H $240,000
Closed Trice Warren H $233,750
Previous Owner Hamilton Phyllis L $200,000
Previous Owner Hamilton Phyllis I $125,100
Previous Owner Brown Charles M $216,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $275,000 -21.4% $148 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $349,900 -- $188 / Sq Ft
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
2024 $2,090 $401,900 $70,500 $331,400
2023 $1,399 $275,800 $62,600 $213,200
2022 $1,738 $275,800 $62,600 $213,200
2021 $1,738 $275,800 $62,600 $213,200
2020 $1,627 $275,800 $62,600 $213,200
2019 $1,627 $275,800 $62,600 $213,200
2018 $1,627 $275,800 $62,600 $213,200
2016 $1,602 $286,000 $62,600 $223,400
2014 $1,600 $285,800 $62,400 $223,400
Source: Public Records

Agents Affiliated with this Home

  • Megan Roschelli

    Seller's Agent in 2015

    Megan Roschelli

    Coldwell Banker Townside Bburg

    (956) 793-8562

    137 Total Sales

    Megan Roschelli
    Section Image
  • Marshall Overstreet

    Buyer's Agent in 2015

    Marshall Overstreet

    RE/MAX

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 319920

New River Valley Association of REALTORS®

APN: 94- - A- - 7-C

Virginia Craig County New Castle 24127

7532 Cumberland Gap Rd, New Castle, VA

Homes for Sale in New Castle, VA

This home is located at 7532 Cumberland Gap Rd, New Castle, VA 24127 since 24 June 2015 and is currently estimated at $432,855, approximately $232 per square foot. This property was built in 2004. 7532 Cumberland Gap Rd 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.

New River 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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