NOT LISTED FOR SALE

106 E Prospect St Covington, VA 24426

Estimated Value: $41,000 - $92,986

4 Beds
1.5 Baths
1,925 Sq Ft
$36/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $33,000 $17 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $386/month

67 Days on Market

Highlights

  • No HOA
  • Restaurant
  • Trails
  • Covered Patio or Porch
  • Forced Air Heating System
  • 3-minute walk to Covington Parks & Recreation

About This Home

As of December 2022

OWNER FINANCING AVAILABLE TO QUALIFIED BUYERS! Check out this affordable 2 story, 4 bedroom, 1.5 bath fixer upper or investment property located within walking distance to downtown Covington! The first floor offers a living room, a den w/ french doors & fireplace, a kitchen, a dining room, a bonus room that could be a small bedroom or office & a 1/2 bath w/ laundry room. Upstairs offers 4 bedrooms & a full bath. In addition there's a full basement, a 2017 gas furnace, an updated elec box, hardwood floors & front porch. A little clean up, paint & repairs & you'll have a money maker! Sold as-is. All furnishings remain.

Last Agent to Sell the Property

Lisa Brown

HIGHLANDS REALTY & ASSOCIATES LLC License #0225100262 Listed on: 09/10/2022

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 55' x 100'
  • Property is zoned R3

Interior Spaces

  • 1,925 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Gas Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 27

Community Details

Recreation

  • Trails

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$252

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Gas - Natural
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Gas, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1029.00
  • ExteriorDoors: Wood
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 26 - City of Covington
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1925
  • TotalBdrm: 4
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1925.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1029.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 1029.00
  • UpperAboveGrdFin Sq Ft: 896.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Dimensions: 55' x 100'
  • Property Group Id: 19990816212109142258000000
  • Lot: 2
  • ZoningCode: R3

Building Info

  • Year Built: 1915

Tax Info

  • Taxes (6 mo): 252.00

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Dec 6, 2022
Sold by
Fratelloamore Llc
Bought by
Umbelievable Homes Llc
Seller's Agent
Lisa Brown
HIGHLANDS REALTY & ASSOCIATES LLC
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$33,000
Sold Price
$33,000
Current Estimated Value
$69,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,497
Avg. Annual Appreciation
27.66%

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 7, 2021
Sold by
Cash Timothy D
Bought by
Fratelloamore Llc
Seller's Agent
Leigh Habecker
REAL BROKER LLC - MCLEAN
Buyer's Agent
Lisa Brown
HIGHLANDS REALTY & ASSOCIATES LLC
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%

Purchase Details

Closed on
Apr 15, 2004
Bought by
Ross Lorenzo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Umbelievable Homes Llc $33,000 --
Fratelloamore Llc $32,000 --
Ross Lorenzo -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2022 12/06/22 Sold $33,000 0.0% $17 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $33,000 +3.1% $17 / Sq Ft
10/07/2021 10/07/21 Sold $32,000 -15.8% $17 / Sq Ft View Prior Sale
09/08/2021 09/08/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $38,000 +26.7% $20 / Sq Ft
06/04/2021 06/04/21 Sold $30,000 -20.0% $16 / Sq Ft View Prior Sale
05/09/2021 05/09/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $37,500 -- $19 / Sq Ft
Source: Roanoke 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
2025 $267 $31,400 $6,000 $25,400
2024 $267 $31,400 $6,000 $25,400
2023 $267 $31,400 $6,000 $25,400
2022 $269 $31,600 $6,000 $25,600
2021 $253 $31,600 $6,000 $25,600
2020 $253 $31,600 $6,000 $25,600
2019 $253 $31,600 $6,000 $25,600
2018 $278 $0 $0 $0
2017 $264 $0 $0 $0
2016 -- $34,800 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Brown

    Seller's Agent in 2022

    Lisa Brown

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 862-4414

    62 in this area

    269 Total Sales

    Lisa Brown
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Transaction Agent

    Non-Member Transaction Office

  • Leigh Habecker

    Seller's Agent in 2021

    Leigh Habecker

    REAL BROKER LLC - MCLEAN

    (434) 660-3312

    1 in this area

    32 Total Sales

    Leigh Habecker
    Section Image

  • J

    Seller's Agent in 2021

    Janie Tyree

    MOUNTAIN RIVER REALTY LLC

    (540) 968-6338

    81 in this area

    156 Total Sales

    Janie Tyree
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892866

Roanoke Valley Association of REALTORS®

APN: 014-03-0000-00002

Virginia Covington City County Covington 24426

106 E Prospect St, Covington, VA

Not Listed for Sale

Detached

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