NOT LISTED FOR SALE

345 E Prospect St Covington, VA 24426

Estimated Value: $41,000 - $60,325

2 Beds
1 Bath
818 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $20,000 $24 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $277/month

46 Days on Market

About This Home

As of June 2024

Charming and Affordable right side Duplex Unit! This well-maintained interior features 2 bedrooms, 1 full bath, a cozy living room and a functional kitchen. Additionally, there's an extra spacious room on the main floor perfect for dinning or as a bonus room/office. This property is ideal for both rental or as a cozy attached home.

Last Agent to Sell the Property

Alex Taylor

MAC WESTLAND REAL ESTATE GROUP License #0225264716 Listed on: 03/21/2024

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

  • $170

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Interior Spaces

  • 818 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14&15 / 47

Home Details

Home Type

Single Family

Est. Annual Taxes

$170

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 409.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 26 - City of Covington
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 818
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 818.00
  • UpperAboveGrdFin Sq Ft: 409.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Utilities

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.07
  • Lot: 14&15

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 170.00

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 21, 2024
Closed on
Jun 20, 2024
Bought by
345 E Prospect Street Llc
Seller's Agent
Alex Taylor
MAC WESTLAND REAL ESTATE GROUP
Buyer's Agent
Michael Trani
RE/MAX ALL STARS
List Price
$58,500
Sold Price
$20,000
Premium/Discount to List
-$38,500
-65.81%
Views
55
Current Estimated Value
$51,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,081
Avg. Annual Appreciation
86.08%

Purchase Details

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

Purchase Details

Closed on
May 31, 2017
Sold by
Woods Cynthia R
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
345 E Prospect Street Llc $20,000 --
Bala Llc $950,000 --
Lad Investments Llc $850,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $20,000 -62.3% $24 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
03/30/2024 03/30/24 Price Changed $53,000 -9.4% $65 / Sq Ft
03/21/2024 03/21/24 For Sale $58,500 -- $72 / 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 $108 $12,700 $4,000 $8,700
2024 $108 $12,700 $4,000 $8,700
2023 $108 $12,700 $4,000 $8,700
2022 $105 $12,400 $4,000 $8,400
2021 $99 $12,400 $4,000 $8,400
2020 $99 $12,400 $4,000 $8,400
2019 $99 $12,400 $4,000 $8,400
2018 $122 $0 $0 $0
2017 $116 $0 $0 $0
2016 -- $15,300 $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: 906006

Roanoke Valley Association of REALTORS®

APN: 011-01-0047-0014B

Virginia Covington City County Covington 24426

345 E Prospect St, Covington, VA

Not Listed for Sale

Detached

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