NOT LISTED FOR SALE

40 Covenant Ct Bumpass, VA 23024

Estimated Value: $531,000 - $690,000

3 Beds
2 Baths
2,184 Sq Ft
$277/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2021

Last sale price $439,000 $201 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,475 / mo

4 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Boat Ramp
  • Jouett Elementary School Rated A-
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of June 2021

Waterfront living without the waterfront price!! This wonderful Lake Anna home includes a waterfront outparcel only a short walk from the main house with its own 50' of water frontage, covered dock, storage shed, boat lift, and room to enjoy leisurely picnics by the water. This recently remodeled main house also features an open floor plan with great room, kitchen, and breakfast nook; brand new stainless steel appliances and granite countertops, spacious recreation room in the fully finished walk out basement, an oversized three-car garage, and a delightful front porch to enjoy the quiet cull de sac location, partially fenced yard and wooded 1.5 acre lot. Don't miss out on this unique property! Schedule a showing today!

Last Agent to Sell the Property

Keith Snider

(877) 366-2213 vabrokers@lptrealty.com LPT Realty, LLC License #0225089697 Listed on: 05/20/2021

LPT Realty, LLC

Last Buyer's Agent

Cindy Dove

(703) 303-8494 lakelifeva@gmail.com LKA Time Realty License #0225144547

LKA Time Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 2002

Lot Details

  • 1.53 Acre Lot
  • Home fronts navigable water
  • Property is zoned RR

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Lake Views
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Dock has a Storage Area
  • Electric Hoist or Boat Lift
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 47A-3-13

Community Details

Overview

  • Covenant Cove Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 2002

Lot Details

1.53 Acres

HOA Fees

$23 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/28/2021 12:00:00 AM
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 2184
  • Price Per Sq Ft: 321.36
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 784
  • Total Below Grade Sq Ft: 784
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Lake
  • Water Access Features: Boat - Powered, Fishing Allowed, Private Access, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Lake Anna
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66429.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2440.00
  • Assessor Parcel Number: 47A-3-13
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: LOUISA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 29, 2021
Sold by
Tws Builders Inc
Bought by
Crosson Alexander H
Seller's Agent
Keith Snider
LPT Realty, LLC
Buyer's Agent
Cindy Dove
LKA Time Realty
List Price
$449,900
Sold Price
$439,000
Premium/Discount to List
-$10,900
-2.42%
Current Estimated Value
$604,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,640
Avg. Annual Appreciation
6.85%
Original Mortgage
$351,200
Outstanding Balance
$313,782
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,858

Purchase Details

Listed on
May 20, 2021
Closed on
May 25, 2021
Sold by
Stone Terry W
Bought by
T N S Builders Inc
Seller's Agent
Keith Snider
LPT Realty, LLC
Buyer's Agent
Cindy Dove
LKA Time Realty
List Price
$449,900
Sold Price
$439,000
Premium/Discount to List
-$10,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Outstanding Balance
$313,782
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,858

Purchase Details

Closed on
Apr 7, 2021
Sold by
Ferguson Brian and Ferguson April M
Bought by
Stone Terry and Ferguson April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Smith Kevin P and Smith Katherine B
Bought by
Ferguson Brian R and Gelsinger April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,919
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2006
Sold by
Strevig Gerald Levere
Bought by
Smith Kevin P and Smith Katherine Bauman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Crosson Alexander H $439,000 Northern Virginia T&E
T N S Builders Inc -- Terrys Title
Stone Terry $365,000 Fidelity National Title
Ferguson Brian R $330,000 Old Republic Natl Title Ins
Smith Kevin P $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosson Alexander H $351,200
Previous Owner Stone Terry $238,400
Previous Owner Ferguson Brian R $324,919
Previous Owner Smith Kevin P $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $439,000 -2.4% $201 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $449,900 -- $206 / Sq Ft
Source: Bright MLS

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 $3,216 $482,700 $85,900 $396,800
2024 $3,216 $446,600 $78,200 $368,400
2023 $2,830 $413,700 $67,700 $346,000
2022 $2,794 $388,000 $60,700 $327,300
2021 $1,994 $404,300 $60,700 $343,600
2020 $2,441 $339,000 $60,700 $278,300
2019 $2,316 $321,700 $60,700 $261,000
2018 $2,219 $308,200 $60,700 $247,500
2017 $2,169 $298,800 $60,700 $238,100
2016 $2,169 $301,300 $60,700 $240,600
2015 $2,092 $290,500 $62,800 $227,700
2013 -- $285,800 $72,600 $213,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALA123190

Bright MLS

APN: 47A-3-13

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