NOT LISTED FOR SALE

255 E Madison St Covington, VA 24426

Estimated Value: $152,000 - $238,000

3 Beds
1 Bath
1,652 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $89,190 $54 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,078/month

126 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Detached Garage
  • Outdoor Fireplace
  • Screened Porch
  • Brick Exterior Construction

About This Home

As of January 2015

Located in the popular Fairlawn area.

Last Agent to Sell the Property

Katherine Lytle

Listed on: 06/23/2014

Last Buyer's Agent

Magnolia Perdue

B.A. Rupert Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1935

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,652 Sq Ft Home
  • Living Room with Fireplace
  • Screened Porch
  • Washer
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Fireplace

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Gas Available
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 255 East Madison Community

Listing and Financial Details

  • Assessor Parcel Number 23-3-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1935

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Take Exit 16 off Interstate 64 from the east, turn left onto Madison, follow approximately 1 mile, house on left at Fairlawn Drive entrance.
  • HistoricProperty: No
  • Listing Member Name: Katherine Lytle
  • Listing Office Short Id: BARI
  • Open House Office I D: 20140404140729197852000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: MP
  • Subdivision Yn: No
  • TotalFinSFApx: 1652.00
  • Year Built: 1935
  • Taxes Dollars: 617.79
  • TotalAcresApx: 0.42
  • 1StFloorMstrBdrm: No
  • Total Assessed Value: 87000.00
  • PorchDeckPatioPatio: Front
  • Building Style: Cape Cod
  • Type of Construction: Brick
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partially Finished
  • Full Bathrooms: 1.00
  • Updated Floor: Carpet, Vinyl
  • Appliances: Refrigerator, Washer
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fireplace, Patio-Rear, Porch-Screened
  • Roof: Shingle
  • Street: Madison
  • Tax Rate: .71
  • Flood Zone: SE
  • Out Buildings: Garage
  • Topography: Level
  • Exterior Features: Patio, Paved Driveway, Screened Porch
  • Guest House: No

Garage/Parking

  • Garage Spaces: Detached

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Gas, Hot Water Baseboard
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Property Name: 255 East Madison
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 23-3-16
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Jan 5, 2015
Sold by
Mackey Mary M
Bought by
Veras Rayvi D and Burns Tanya M
Seller's Agent
Katherine Lytle
Buyer's Agent
Magnolia Perdue
B.A. Rupert Real Estate Inc
List Price
$95,000
Sold Price
$89,190
Premium/Discount to List
-$5,810
-6.12%
Current Estimated Value
$187,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,864
Avg. Annual Appreciation
7.24%
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
Veras Rayvi D $89,190 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2015 01/05/15 Sold $89,190 -6.1% $54 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $95,000 -- $58 / 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 $1,180 $138,800 $15,000 $123,800
2024 $1,180 $138,800 $15,000 $123,800
2023 $1,180 $138,800 $15,000 $123,800
2022 $873 $102,700 $15,000 $87,700
2021 $822 $102,700 $15,000 $87,700
2020 $822 $102,700 $15,000 $87,700
2019 $822 $102,700 $15,000 $87,700
2018 $723 $0 $0 $0
2017 $687 $0 $0 $0
2016 -- $90,400 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Lytle

    Seller's Agent in 2015

    Katherine Lytle

    (540) 962-7071

    46 in this area

    105 Total Sales

    Katherine Lytle
    Section Image

  • M

    Buyer's Agent in 2015

    Magnolia Perdue

    B.A. Rupert Real Estate Inc

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 128506

APN: 023-03-0000-00016

Virginia Covington City County Covington 24426

255 E Madison St, Covington, VA

Not Listed for Sale

Detached

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