NOT LISTED FOR SALE

229 E Walnut St Covington, VA 24426

Estimated Value: $26,000

6 Beds
4 Baths
2,769 Sq Ft
$9/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $16,000 $6 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $158/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Ceiling Fan
  • Corner Lot
  • Screened Porch
  • Electric Baseboard Heater

About This Home

As of October 2019

Three Unit Apartment Building, First Floor has a Two Bedroom, Two Bath Apartment. it was recently Occupied Could be rented Quickly Second Floor has Two, 2 Bedroom One Bath Apartments Second floor apartments will need remodeling before renting

Last Agent to Sell the Property

DENNIS HAWES

Home Realty Buena Vista Listed on: 09/18/2019

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Property is zoned Commercial

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Stucco Exterior
  • Stick Built Home

Interior Spaces

  • 2,769 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14 134 9

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Located on the corner of South Monroe Street and East Walnut Street
  • HistoricProperty: No
  • Listing Member Name: Dennis Hawes, NRBA, A*REO
  • Listing Office Short Id: 76
  • Open House Office I D: 20061211170240756529000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Subdivision Yn: No
  • TotalFinSFApx: 2769.00
  • Year Built: 1920
  • Taxes Dollars: 467.18
  • TotalAcresApx: 0.20
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 65800.00
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 4.00
  • Updated Floor: Carpet, Vinyl
  • Entry Location: Corner Lot
  • Appliances: Refrigerator
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: None
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 12

Exterior Features

  • Exterior: Stucco, Wood
  • Exterior Features: Ceiling Fan(s), Curb & Gutter, Porch-Front, Porch-Two Story
  • Road Frontage: City Street, Paved Road
  • Roof: Flat
  • Street: East Walnut Street
  • Tax Rate: .73
  • Flood Zone: Other (Use Remarks)
  • Exterior Features: Screened Porch
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Baseboard Electric
  • Sewer: Public Sewer
  • 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
  • Zoning: Commercial
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 14 134 9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Oct 29, 2019
Sold by
Federal National Mortgage Asso
Bought by
229 Cova Llc
Seller's Agent
DENNIS HAWES
Home Realty Buena Vista
Buyer's Agent
Non Member
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%
Current Estimated Value
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Oct 15, 2005
Bought by
Hicks Alan L and Hicks Elisha N
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
229 Cova Llc $16,000 --
Hicks Alan L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $16,000 -19.6% $6 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $19,900 -- $7 / 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 $253 $29,800 $29,800 $0
2024 $253 $29,800 $29,800 $0
2023 $253 $29,800 $29,800 $0
2022 $253 $29,800 $29,800 $0
2021 $238 $29,800 $29,800 $0
2020 $430 $53,800 $29,800 $24,000
2019 $430 $53,800 $29,800 $24,000
2018 $526 $0 $0 $0
2017 $500 $0 $0 $0
2016 -- $65,800 $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: 134527

APN: 014-01-0034-00009