NOT LISTED FOR SALE

9401 Cumberland Gap Rd New Castle, VA 24127

Estimated Value: $52,000 - $87,000

83 Acres
$835 Price per Acre
3,626,370 Sq Ft Lot

Last Sold May 20, 2021

Last sale price $350,000

Current estimated payment $393/month

228 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Creek or Stream View
  • Horse Property
  • 83.25 Acre Lot
  • Farm

About This Lot

As of May 2021

Spectacular parcel with views, creek, fishing, ponds, fenced, buildings, 30 minutes from VA Tech. 83.25 acres in two parcels with Sinking Creek running through, 2 ponds and what local farmers state is the best hay in the valley. Lots of road frontage. Totally fenced & new cross fencing. Absolutely gorgeous land, perfect for any type of livestock, hiking, ATV's. Beautiful mountain views especially up top, gentle rolling. The 3 level uncompleted cabin was started by owner's father who spent over a decade collecting hand hewn chestnut & oak logs from churches, homes and other structures in the valley. Built in two pens & connected by hallway. Next stage would be chinking. If you didn't want to finish, it could be dismantled & sold. These logs are rare & hard to find. Fireplaces at each end with stones collected locally and hand chiseled. The foundation is from 1896. There are numerous outbuildings, some very large. One has a room with hand hewn logs under wall. Two wells & septic.

Last Listed By

Cindy Stuart

BHHS- Mountain Sky Properties, Wytheville License #0225102859 Listed on: 07/20/2020

BHHS- Mountain Sky Properties, Wytheville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,715

Lot Details

  • 83.25 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a county road
  • Cross Fenced
  • Livestock Fence
  • Wire Fence
  • Corner Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Subdivision Possible
  • Property is zoned AG

Property Views

  • Creek or Stream Views

Schools

  • Craig Middle School
  • Craig High School

Farming

  • Barn
  • Farm
  • Livestock

Utilities

  • Natural Gas Not Available
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 12 & 12A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$1,715

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 83.25
  • Lot Size: 83.25 acres
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Directions: I-81 S to Christiansburg/Blacksburg Exit 118B, continue on 460 W for 18 miles. Turn right on 42E for 13 miles. Property on left, see sign. Can park across the street as long as you do not block the driveway.
  • Special Features: None

Interior Features

  • Possible Use: Manufactured Home, Current Use, Hobby Farm, Single Family, Farm, Residential, Modular, Acreage
  • Other Equipment: Equipment Leased(None)

Exterior Features

  • Fencing: Fenced, Cross Fenced, Wire, Livestock
  • Lot Features: Can Be Divided, Livestock Permitted, Water Frontage, Farm, Mini Farm, Waterfront, Corner Lot, Horse Property, Views
  • Topography: Rolling
  • View: Creek
  • View: Yes
  • Waterfront Features: Water Frontage, Waterfront, Creek, Pond, Pond System
  • Waterfront: Yes
  • Disclosures: None
  • Other Structures: Outbuilding, Barn(s), Additional Structures(Cabin, Barns,)

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Craig
  • Middle Or Junior School: Craig

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3626370
  • Zoning: AG
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1714.54
  • Tax Lot: 12 & 12A
  • Tax Map Number: 95-A-12
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
U-Wood Development Llc
Bought by
Bolte John D and Leadbetter-Bolte Virginia L
Total Days on Market
228
Current Estimated Value
$69,500

Purchase Details

Closed on
Oct 4, 2018
Sold by
Via Joseph Edward and Russo Jamie Lynn Via
Bought by
U Wood Development Llc

Purchase Details

Closed on
May 10, 2005
Sold by
Seago W Eugene and Seago Patricia A
Bought by
Farmer Steve S and Vogel Elisabeth A

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
Bolte John D $24,000 Fidelity National Title
U Wood Development Llc $12,600 Acquisition Title
Farmer Steve S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $350,000 -16.5% --
03/07/2021 03/07/21 Pending -- -- --
07/21/2020 07/21/20 For Sale $419,000 -- --
Source: Southwest Virginia 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 $100 $19,200 $19,200 $0
2023 $445 $15,700 $15,700 $0
2022 $99 $15,700 $15,700 $0
2021 $99 $15,700 $15,700 $0
2020 $93 $15,700 $15,700 $0
2019 $93 $15,700 $15,700 $0
2018 $226 $38,300 $31,800 $6,500
2016 $221 $39,500 $31,800 $7,700
2014 $221 $39,500 $31,800 $7,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 74859

APN: 95- - A- - 13