NOT LISTED FOR SALE

316 E Oak St Covington, VA 24426

Estimated Value: $44,000 - $62,862

2 Beds
1 Bath
1,010 Sq Ft
$52/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $36,000 $36 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $350/month

55 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

**Investor Special** Great investment or fixer-upper opportunity! This 2bd/1ba house has a spacious family room and a large back yard. SF & Tax info based on public records. Buyer/BA to verify all information. Sold 'AS IS, WHERE IS.' Owner/Agent

Last Agent to Sell the Property

Alex Taylor

MAC WESTLAND REAL ESTATE GROUP License #0225264716 Listed on: 12/08/2023

Last Buyer's Agent

Michael Trani

RE/MAX ALL STARS License #0225264467

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $247

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Partial Basement
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 26 / 45

Home Details

Home Type

Single Family

Est. Annual Taxes

$247

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Gas, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1010.00
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 26 - City of Covington
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1010
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1010.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.11
  • Lot: 26

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 247.35

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
Dec 8, 2023
Closed on
Feb 16, 2024
Bought by
Mako Real Estate Llc
Seller's Agent
Alex Taylor
MAC WESTLAND REAL ESTATE GROUP
Buyer's Agent
Michael Trani
RE/MAX ALL STARS
List Price
$59,950
Sold Price
$36,000
Premium/Discount to List
-$23,950
-39.95%
Views
124
Current Estimated Value
$62,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,507
Avg. Annual Appreciation
22.13%

Purchase Details

Closed on
Mar 4, 2022
Sold by
Lad Investments Llc
Bought by
Bala Llc

Purchase Details

Closed on
Apr 15, 1995
Bought by
Lad Investments Llc
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
Mako Real Estate Llc $36,000 --
Bala Llc $950,000 --
Lad Investments Llc $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $36,000 -36.3% $36 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
12/29/2023 12/29/23 Price Changed $56,500 -1.7% $56 / Sq Ft
12/15/2023 12/15/23 Price Changed $57,500 -4.1% $57 / Sq Ft
12/08/2023 12/08/23 For Sale $59,950 -- $59 / 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 $247 $29,100 $6,000 $23,100
2024 $247 $29,100 $6,000 $23,100
2023 $247 $29,100 $6,000 $23,100
2022 $242 $28,500 $6,000 $22,500
2021 $228 $28,500 $6,000 $22,500
2020 $228 $28,500 $6,000 $22,500
2019 $228 $28,500 $6,000 $22,500
2018 $254 $0 $0 $0
2017 $241 $0 $0 $0
2016 -- $31,700 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Taylor

    Seller's Agent in 2024

    Alex Taylor

    MAC WESTLAND REAL ESTATE GROUP

    (540) 522-8757

    8 in this area

    111 Total Sales

    Alex Taylor
    Section Image
  • Michael Trani

    Buyer's Agent in 2024

    Michael Trani

    RE/MAX

    (540) 960-0550

    31 in this area

    73 Total Sales

    Michael Trani
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903703

Roanoke Valley Association of REALTORS®

APN: 014-01-0045-00026

Virginia Covington City County Covington 24426

316 E Oak St, Covington, VA

Not Listed for Sale

Detached

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