NOT LISTED FOR SALE

315 E Prospect St Covington, VA 24426

Estimated Value: $186,000 - $229,148

10 Beds
4 Baths
3,412 Sq Ft
$61/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $35,000 $10 Per Sq Ft

Est. 494% increase in value since last sale

Current estimated payment $1,209/month

69 Days on Market

Highlights

  • No HOA
  • Interior Lot
  • Carpet

About This Home

As of May 2017

This home is located at 315 E Prospect St, Covington, VA 24426 since 23 December 2016 and is currently estimated at $207,787, approximately $60 per square foot. This property was built in 1925. 315 E Prospect St is a home located in Covington City with nearby schools including Jeter-Watson Elementary School, Edgemont Primary School, and Covington High School.

Last Agent to Sell the Property

Tara Brewster

Greenway's Real Estate & Auction Inc Listed on: 12/23/2016

Last Buyer's Agent

Tara Brewster

Greenway's Real Estate & Auction Inc Listed on: 12/23/2016

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $779

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Interior Lot

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,412 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 14---147---5a

Property Details

Home Type

Apartment

Est. Annual Taxes

$779

Year Built

Built in 1925

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From 220/Alleghany Ave, turn onto Prospect and home is on the left.
  • HistoricProperty: No
  • Listing Member Name: Tara Simmons Brewster
  • Listing Office Short Id: greenw
  • Open House Office I D: 20130501162821751467000000
  • Hoa2 Or Poa: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: TSB
  • Subdivision Yn: No
  • Year Built: 1925
  • Taxes Dollars: 779.00
  • TotalAcresApx: 0.10
  • Building Style: Apartment House
  • ApxTtlSFFnshd: 3412.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space
  • Updated Floor: Carpet, Laminate, Vinyl
  • Entry Location: Inside Lot
  • Full Bathrooms: 4.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle
  • Street: Prospect
  • Tax Rate: .71
  • Flood Zone: Other (Use Remarks)

Garage/Parking

  • Parking: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Sewer: Public Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Zoning: Residential

Rental Info

  • Average Rental: Over 1200
  • Rental Type: Annual

Tax Info

  • Tax Map Number: 14---147---5a
  • Tax Year: 2016

Multi Family

  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 1996
Bought by
Phillips Rental Properties Llc
Current Estimated Value
$207,787
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
Phillips Rental Properties Llc $43,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $35,000 -67.9% $10 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
12/23/2016 12/23/16 For Sale $109,000 -- $32 / 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 $1,442 $169,600 $6,000 $163,600
2024 $1,442 $169,600 $6,000 $163,600
2023 $1,442 $169,600 $6,000 $163,600
2022 $1,023 $120,400 $6,000 $114,400
2021 $963 $120,400 $6,000 $114,400
2020 $963 $120,400 $6,000 $114,400
2019 $963 $120,400 $6,000 $114,400
2018 $878 $0 $0 $0
2017 $834 $0 $0 $0
2016 -- $109,700 $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: 131414

APN: 014-01-0047-0005A