Auction Information
2.4 Acres in New Castle, VA
Craig County, Virginia
REAL ESTATE AUCTION
Home & 2.4 Ac. + Adjoining Lot
Friday, August 2, 2013 12:00 Noon
Sale held on site.
Previews: Saturday, July 20 & Sunday, July 28 from 2-4 PM
This auction includes two adjoining Craig County properties located just outside the town limits of New Castle. Both tracts are zoned R-1, Residential District, and are served by public water and sewer.
Tract 1: This property is a 2.4 acre parcel improved with a well-maintained 2,528 sq. ft. brick ranch that has 3 bedrooms, 2 bathrooms, upgraded kitchen with stainless steel appliances and Viking Professional gas cooktop, dining room, living room, family room and library/office. The home has a full basement, carport and two fireplaces, one with a Buck Stove insert. The bathrooms have been tastefully upgraded. Other improvements include a one-car frame garage and a brick garage with workshop. The planti...
Tract 1: This property is a 2.4 acre parcel improved with a well-maintained 2,528 sq. ft. brick ranch that has 3 bedrooms, 2 bathrooms, upgraded kitchen with stainless steel appliances and Viking Professional gas cooktop, dining room, living room, family room and library/office. The home has a full basement, carport and two fireplaces, one with a Buck Stove insert. The bathrooms have been tastefully upgraded. Other improvements include a one-car frame garage and a brick garage with workshop. The plantings on the property are mature and include a boxwood & rose garden. Heat and air conditioning are provided by a heat pump. The property is identified as Craig County Tax Map Parcel 47A5-A-3 and has a current tax assessed value of $242,100. Address: 330 Cumberland Ave., New Castle, VA 24127.
Tract 2: This 0.617 acre parcel adjoins Tract 1. A tenant-owned mobile home that is subject to a month-to-month lease is on the property. The mobile home is a grandfathered non-conforming use under the current R-1 zoning. This parcel is identified as Craig County Tax Map Parcel 47A5-A-2 and has a current tax assessed value of $28,400. Address: 280 & 294 Cumberland Ave., New Castle, VA 24127.
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Directions to the Property
From I-81: Take Exit 141(Salem/New Castle): At end of ramp, turn onto 419 North toward New Castle. Go 0.3 mi. and turn right onto Rt. 311 North toward Catawba/New Castle. Follow Rt. 311 North for 19.3 mi. to New Castle. Turn left onto Conrad Street (Rt. 640). Go 0.3 mi. and turn left onto Cumberland Avenue (Rt. 644). Property is on the right. Tract 1 & Sale Site Address: 330 Cumberland Ave., New Castle, VA 24127.