What a increasable house in beautiful Castlewood Virginia! This 3680 sq ft home completely brick on 2 acres is a sure to please home. On the upper level you have Hardwood flooring , Formal Living Room, Open Kitchen /Dining Room , Laundry Room, 3 Bedroom (including Master)2 Bathroom and a additional utility room leading from driveway . On basement level you have a Rec. Room, Living Room, Laundry Room, Bedroom and full Kitchen. Yes this home offers 2 Full Kitchen (makes it nice for guest or live in situations). Home has HVAC system, Metal Roof, 2 paved Driveways, Lg carport, Storage building in back of house all on a great lot. Also Pool and New deck off back of house. Lot of entertaining room .
Single-familyProperty Type
1985Year Built
2 acresLot Size
$103Est. Price/Sq.Ft.
3 spacesParking
Listed by Joana Glovier• Momentum Group
Bought with Danielle Wells• Century 21 Bennett & Edwards
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Earn from this home
Rent
$2,687/mo
Redfin rental estimate
List your home for rent
Market trends in 24224, VA
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-list price
89.4%
3.5% MoM
Median sale price
$162K
$13K MoM
Avg. days on market
106d
41 days MoM
Recently sold homes
8
1 MoM
Provided by Redfin
Sale history for 531 Banners Corner Rd
Date
Event
Price
TVRMLS #9929040
Mar 3, 2022
Sold
$245,000
$68/sq ft
Sep 24, 2021
Listed
$278,000
$77/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,202 (+26.1%)
$25,600 + $182,000
$207,600
2024
$953
$24,000 + $127,300
$151,300
2022
$953
$24,000 + $127,300
$151,300
2021
$953
$24,000 + $127,300
$151,300
2020
$953
$24,000 + $127,300
$151,300
2019
$953 (−2.5%)
$24,000 + $127,300
$151,300
2018
$977
$24,000 + $127,300
$151,300
2017
$977
$24,000 + $131,100
$155,100
2016
$977
$24,000 + $131,100
$155,100
2015
$977
$24,000 + $131,100
$155,100
2014
$977
$24,000 + $131,100
$155,100
Tax history for 531 Banners Corner Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,202 (+26.1%)
$25,600 + $182,000
$207,600
2024
$953
$24,000 + $127,300
$151,300
2022
$953
$24,000 + $127,300
$151,300
2021
$953
$24,000 + $127,300
$151,300
2020
$953
$24,000 + $127,300
$151,300
2019
$953 (−2.5%)
$24,000 + $127,300
$151,300
2018
$977
$24,000 + $127,300
$151,300
2017
$977
$24,000 + $131,100
$155,100
2016
$977
$24,000 + $131,100
$155,100
2015
$977
$24,000 + $131,100
$155,100
2014
$977
$24,000 + $131,100
$155,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
2 Acres
Year renovated
—
Sq. Ft.
1,743
Year built
1985
Style
Single Family Residential
County
Russell County
APN
156LIPE34803
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Parking
Parking/Garage Information
Has Carport
# of Carport Spaces: 3
Parking Features: Asphalt
Interior
Bathroom Information
# of Full Bathrooms: 3
Heating & Cooling
Has Cooling
Cooling: Heat Pump
Has Heating
Heating: Heat Pump
Interior Features
Interior Features: Eat-in Kitchen, Entrance Foyer
Window Features: Double Pane Windows
Appliances: Dishwasher, Electric Range, Refrigerator
Flooring: Concrete, Hardwood, Vinyl
Room Information
# of Rooms Total: 10
Has Basement
Basement Details: Finished
Exterior
Exterior Features
Patio And Porch Features: Front Porch
Roof: Metal
Pool Information
Pool Features: Above Ground
Building Information
Structure Type: House
Below Grade Finished Area: 1,795
Levels: One
Construction Materials: Brick
Property Features
Has View
Other Structures: Outbuilding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size Dimensions: 87120
Lot Size Area: 2
Lot Size Units: Acres
Lot Size Acres: 2
Zoning Description: Residential
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Location
HOA Information
Association Amenities: Landscaping
Schools Information
Elementary School: Castlewood
Middle Or Junior School: None
High School: Castlewood
Location Information
Directions: From US 23 , from Gate City, VA 71 , Turn L onto US -58 Alt W/ Trail of the lonesome Pine/ US Hwy 58, Turn L onto Banner St/ W Hills Dr, Turn L onto State Rte 760/ Banner St To home on the Left .
Subdivision Name: Not Listed
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,743
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1985
Year Renovated: —
County: Russell County
APN: 156LIPE34803
Home facts updated by county records on Sep 9, 2026
Around this home
Schools
Castlewood Elementary School
Public PreK-7 • Assigned • 0.5mi
4/10
Castlewood High School
Public 8-12 • Assigned • 0.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Castlewood, VA • 24224
Average low and high temperatures (°F)
38
21
47
29
62
39
70
48
71
52
80
60
83
66
78
60
75
55
68
44
57
38
47
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.