NOT LISTED FOR SALE

325 E Walnut St Covington, VA 24426

-- Bed
-- Bath
2,952 Sq Ft
1950 Built

Sale Details

Date Sold: February 7, 2022

Last sale price $112,500 $38 Per Sq Ft

239 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • High Speed Internet
  • No HOA

About This Home

As of February 2022

Proven rental history for immediate and steady income production; this 4 unit apartment offers 2 bedrooms and one bath for each unit. Masonry construction. Hardwood flooring. Off-street parking. Heated with newer oil furnace.

Last Agent to Sell the Property

Garland Humphries, Jr

HIGHLANDS REALTY & ASSOCIATES LLC License #0225051318 Listed on: 05/13/2021

Last Buyer's Agent

Garland Humphries, Jr

HIGHLANDS REALTY & ASSOCIATES LLC License #0225051318 Listed on: 05/13/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $591

Year Built

  • Built in 1950

Interior Spaces

  • 2,952 Sq Ft Home
  • City Views
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Unpaved Parking

Lot Details

  • Lot Dimensions are 32'x130'

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 9 / 42

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Electric Expense $1,200
  • Fuel Expense $2,400
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • New Taxes Expense $591
  • Operating Expense $9,050
  • Gross Income $31,200
  • Net Operating Income $22,150

Property Details

Home Type

Apartment

Est. Annual Taxes

$591

Year Built

Built in 1950

Listing Details

  • Heating System: Forced Air Oil
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Window A/C
  • Views: City
  • ExpensesOilExp: 2400.00
  • ExpensesTaxExp: 591.30
  • Internet Access: Cable, DSL
  • Major Area: 26 - City of Covington
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • NumberVehicleSpaces: 5.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 9050.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Unpaved

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Dimensions: 32'x130'
  • Property Group Id: 19990816212116581394000000
  • Lot: 9
  • Present Use: Built-As

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 591.30

Multi Family

  • Tenant Pays: Cable TV
  • Units In Building: 4.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $112,500 -3.8% $38 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
05/13/2021 05/13/21 For Sale $117,000 +568.6% $40 / Sq Ft
07/12/2019 07/12/19 Sold $17,500 -69.6% $6 / Sq Ft View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $57,500 -- $19 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $915 $107,600 $6,000 $101,600
2024 $915 $107,600 $6,000 $101,600
2023 $915 $107,600 $6,000 $101,600
2022 $628 $73,900 $6,000 $67,900
2021 $591 $73,900 $6,000 $67,900
2020 $591 $73,900 $6,000 $67,900
2019 $591 $73,900 $6,000 $67,900
2018 $591 $0 $0 $0
2017 $562 $0 $0 $0
2016 -- $73,900 $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: 879830

Roanoke Valley Association of REALTORS®

APN: 15---142---9-

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