NOT LISTED FOR SALE

38 Covenant Ct Bumpass, VA 23024

Estimated Value: $501,000 - $628,000

3 Beds
2 Baths
1,918 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $495,000 $258 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,198/month

58 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Deck
  • Jouett Elementary School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of June 2024

Looking for Lake Anna Waterfront without spending waterfront prices? Welcome to 38 Covenant Court, a waterfront property in the Covenant Coves community. On the private side of the lake, this property offers exclusive waterfront from your own out parcel. This out parcel on Lake Anna offers a unique, serene living or investment opportunity. This parcel is a separate piece of land, not immediately adjacent to the main property. It’s only 0.3 miles (1 min) from the main property. The beauty of an out parcel on Lake Anna lies in its versatility and the potential for privacy. Owners can enjoy the peacefulness while still having the option to engage in various water activities such as boating, fishing, swimming, and kayaking. Moreover, owning an out parcel on a lake often comes with the added value of being part of a larger community. This can enhance the living experience by fostering community and belonging while offering privacy and independence. You are already guaranteed a shared dock, but one of the unique amenities of this property is the potential to build your own boathouse, which will allow you to easily launch your watercraft and explore Lake Anna at your leisure. This classic home sits on a spacious 0.98-acre lot, providing ample space for relaxation and recreation. Featuring three bedrooms on the main level, including a comfortable primary suite, this home offers convenient single-level living. With 1918 square feet of above-ground finished living space, there's plenty of room to spread out and entertain guests. The property also includes amenities such as a 2-car garage and an unfinished basement, offering extra storage and potential for expansion. Whether you're lounging on the expansive lawn, exploring the lake by boat, or simply taking in the stunning views, this property offers an affordable opportunity to experience the joys of Lake Anna living firsthand. Don't miss your chance to make this beautiful property your own. Schedule a showing today!

Last Agent to Sell the Property

Stacie Chandler

Lake Anna Island Realty License #0225224864 Listed on: 04/16/2024

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2002

Lot Details

  • 0.92 Acre Lot
  • Lake Front
  • Home fronts navigable water
  • Zoning described as R2

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Garden Bath

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Jouett Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 47A-3-14

Community Details

Overview

  • Community Lake
  • Pond in Community

Recreation

  • Boat Dock
  • Community Boat Facilities

Additional Features

  • Common Area
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 2002

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Property Attached Yn: No
  • Lot Size Acres: 0.923
  • Water Body Name: Lake Anna
  • Ownership: Estate
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1918.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Unfinished, Walk-Out Access, Sump Pump
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Double Vanity, Fireplace, Garden Tub/Roman Tub, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 1918.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Lake, Lake Front, Navigable Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Common Grounds/Area, Dock, Home Owners Association, Lake, Pond
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Louisa

Lot Info

  • Parcel Number: 47A-3-14
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2562.95
  • Tax Lot: 14

MLS Schools

  • Elementary School: Jouett
  • High School: Louisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 27, 2024
Sold by
Maas Thomas Joseph and Maas Christopher Thomas
Bought by
Hernandez Arlen K Corena and Corena Jeniffer Y
Seller's Agent
Stacie Chandler
Lake Anna Island Realty
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$580,000
Sold Price
$495,000
Premium/Discount to List
-$85,000
-14.66%
Views
147
Current Estimated Value
$556,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,733
Avg. Annual Appreciation
9.39%
Original Mortgage
$456,000
Outstanding Balance
$450,585
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$106,148
Source: Public Records

Range of Values:

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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
Hernandez Arlen K Corena $495,000 Northern Virginia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Arlen K Corena $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $495,000 -11.4% $258 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $559,000 -3.6% $291 / Sq Ft
04/16/2024 04/16/24 For Sale $580,000 -- $302 / Sq Ft
Source: Central Virginia Regional MLS

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
2024 $2,778 $385,800 $72,100 $313,700
2023 $2,563 $374,700 $61,600 $313,100
2022 $2,501 $347,400 $54,600 $292,800
2021 $1,748 $303,100 $54,600 $248,500
2020 $2,022 $280,800 $54,600 $226,200
2019 $2,015 $279,800 $54,600 $225,200
2018 $1,971 $273,800 $54,600 $219,200
2017 $1,923 $267,100 $54,600 $212,500
2016 $1,923 $267,100 $54,600 $212,500
2015 $1,879 $261,000 $56,700 $204,300
2013 -- $246,100 $59,500 $186,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2409431

Central Virginia Regional MLS

APN: 47A-3-14