NOT LISTED FOR SALE

1927 S Lee Ave Covington, VA 24426

Estimated Value: $62,000 - $114,000

2 Beds
2 Baths
840 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $50,000 $60 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $457/month

68 Days on Market

Highlights

  • Mountain View
  • Main Floor Primary Bedroom
  • Cottage
  • Deck
  • No HOA
  • 2-minute walk to Jackson River Sports Complex

About This Home

As of August 2021

Gorgeous views from a quiet dead end street! This quaint home features 2 bedrooms, 1 bathroom, living room and kitchen on the main level, as well as a partially finished basement including an additional bathroom. Sliding doors in the kitchen lead to amazing mountain views from the back deck. Convenient to shopping and downtown. This cozy home holds lots of potential! *This home will not meet USDA, VA or FHA loan requirements*

Last Agent to Sell the Property

Melissa Stull

Mountain River Realty Listed on: 04/01/2021

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 1935

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x135
  • Interior Lot

Parking

  • Detached Garage

Home Design

  • Cottage
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 840 Sq Ft Home
  • Laminate Flooring
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

  • Edgemont Elementary School
  • Jeter Watson Middle School
  • Covington High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32---2-F-415-

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 1935

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From 1-64 turn right onto Durant rd. Continue straight at the stoplight where Durant rd turns into Jackson St. Continue on Jackson and turn right onto S. Lee Ave. House is on the right.
  • HistoricProperty: No
  • Listing Member Name: Melissa Stull
  • Listing Office Short Id: MRR
  • Open House Office I D: 20191017173053262558000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Subdivision Yn: No
  • TotalFinSFApx: 840.00
  • Year Built: 1935
  • Taxes Dollars: 256.00
  • TotalAcresApx: 0.17
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 32000.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partially Finished
  • Full Bathrooms: 2.00
  • Updated Floor: Laminate
  • Heat Other: warm morning stoves
  • Entry Location: Inside Lot
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Easements: None
  • Exterior: Asbestos
  • Exterior Features: Deck-Rear, Porch-Front, View - Mountains
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Lee
  • Tax Rate: .80
  • Flood Zone: SW
  • Out Buildings: Garage
  • Exterior Features: Covered Porch, Deck, Outdoor Barbeque
  • Guest House: No

Garage/Parking

  • Garage Spaces: Detached

Utilities

  • Cooling: No Cooling System
  • Heating: Gas
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Edgemont Elementary
  • High School: Covington High
  • Middle School: Jeter Watson

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 55x135
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 32---2-F-415-
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Aug 6, 2021
Sold by
Nicely Kenneth E
Bought by
Chaffin Patrick L
Seller's Agent
Melissa Stull
Mountain River Realty
Buyer's Agent
Non Member
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$82,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,943
Avg. Annual Appreciation
12.22%

Purchase Details

Closed on
Mar 12, 2009
Sold by
Dabbs Michael J
Bought by
Nicely Kenneth E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chaffin Patrick L $50,000 --
Nicely Kenneth E $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $50,000 -16.5% $60 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $59,900 -- $71 / Sq Ft
Source: Rockbridge Highlands 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 $265 $31,200 $8,000 $23,200
2024 $265 $31,200 $8,000 $23,200
2023 $265 $31,200 $8,000 $23,200
2022 $272 $32,000 $8,000 $24,000
2021 $256 $32,000 $8,000 $24,000
2020 $256 $32,000 $8,000 $24,000
2019 $256 $32,000 $8,000 $24,000
2018 $356 $0 $0 $0
2017 $338 $0 $0 $0
2016 -- $44,500 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 135898

APN: 032-02-000F-00415