NOT LISTED FOR SALE

308 E Michigan St Covington, VA 24426

Estimated Value: $101,000 - $116,217

2 Beds
1 Bath
800 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $100,000 $125 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $633/month

99 Days on Market

Highlights

  • 2 Acre Lot
  • Sun or Florida Room
  • 3 Car Detached Garage
  • Mountain View
  • No HOA
  • Front Porch

About This Home

As of August 2024

Attention car and nature enthusiasts! The owner has made many updates for you with room for you to customize the finishing touches to your own personal taste! This quaint cottage sits on two large lots and features a three car garage, two car carport, and shed. Enjoy beautiful panoramic mountain views from nearly every room in the house! Walk right onto the deck from the primary bedroom, cozy up to a good book in your new sunroom, or enjoy a morning cup of coffee on the back deck while gazing out at the mountains. The enclosed garage would make an ideal in-law suite. This home would be a great candidate for a renovation loan, conventional loan, and cash.

Last Agent to Sell the Property

Ruth Gray

MKB, REALTORS(r) License #0225237585 Listed on: 03/25/2024

MKB, REALTORS(r)

Last Buyer's Agent

Lisa Brown

HIGHLANDS REALTY & ASSOCIATES LLC License #0225100262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1900

Lot Details

  • 2 Acre Lot
  • Cleared Lot

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Idlewild Subdivision

Listing and Financial Details

  • Tax Lot 145-146

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Storage Shed, Sunroom
  • Views: Mountain
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 800.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 26 - City of Covington
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 800
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 800.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.00
  • Lot: 145-146

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 777.75

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
Mar 25, 2024
Closed on
Aug 16, 2024
Bought by
Woods Cynthia R
Seller's Agent
Ruth Gray
MKB, REALTORS(r)
Buyer's Agent
Lisa Brown
HIGHLANDS REALTY & ASSOCIATES LLC
List Price
$100,000
Sold Price
$100,000
Views
290
Current Estimated Value
$108,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,804
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Jul 17, 2019
Sold by
Swink David A
Bought by
Poage Richard E

Purchase Details

Closed on
Nov 30, 2016
Sold by
Poage Jeanette G
Bought by
Swink David A
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
Woods Cynthia R $100,000 --
Poage Richard E $59,000 --
Swink David A $59,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $100,000 -6.1% $125 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $106,500 +6.5% $133 / Sq Ft
03/25/2024 03/25/24 For Sale $100,000 -- $125 / 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 $778 $91,500 $16,000 $75,500
2024 $778 $91,500 $16,000 $75,500
2023 $778 $91,500 $16,000 $75,500
2022 $605 $71,200 $16,000 $55,200
2021 $570 $71,200 $16,000 $55,200
2020 $570 $71,200 $16,000 $55,200
2019 $570 $71,200 $16,000 $55,200
2018 $529 $0 $0 $0
2017 $502 $0 $0 $0
2016 -- $60,100 $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: Roanoke Valley Association of REALTORS®

MLS Number: 906075

Roanoke Valley Association of REALTORS®

APN: 044-01-0000-00146