NOT LISTED FOR SALE

404 S Mercer Ave Covington, VA 24426

Estimated Value: $46,000 - $115,000

3 Beds
1 Bath
1,044 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $27,750 $27 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $423/month

20 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Level Lot
  • Covered Patio or Porch

About This Home

As of January 2022

Great investor opportunity! 3 bedroom 1 bath, large level lot. Covered front porch, laundry on enclosed back porch. Gas space heaters downstairs. Gravity heat upstairs. Convenient location. Property will be included the next auction. Buyers must sign up and place bids through www.xome.com. All auction properties are subject to a 5% buyer premium pursuant to the event. Agreement and auction terms and conditions minimum will apply. Buyer and Buyers agent to verify any and all info. Schools: Mountain View Elementary, Jeter-Watson Middle and Covington High - Buyer to verify all school information.

Last Agent to Sell the Property

patrick lynch

CENTURY 21 WAMPLER REALTY License #0225061233 Listed on: 12/03/2021

CENTURY 21 WAMPLER REALTY

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $187

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 1,044 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$187

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 624.00
  • ExteriorDoors: Wood
  • LaundryLaundryOtherLevel: 1
  • Major Area: 26 - City of Covington
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1044
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1044.00
  • Uncovered Parking: Street Parking
  • UpperAboveGrdFin Sq Ft: 420.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.12

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 187.00

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
Dec 3, 2021
Closed on
Jan 6, 2022
Sold by
Us Bank National Assn
Bought by
Sonali Investments Llc
Seller's Agent
patrick lynch
CENTURY 21 WAMPLER REALTY
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$18,500
Sold Price
$27,750
Premium/Discount to List
$9,250
50%
Current Estimated Value
$77,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,147
Avg. Annual Appreciation
29.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sonali Investments Llc $29,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $27,750 +50.0% $27 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $18,500 -- $18 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $220 $25,900 $5,000 $20,900
2024 $220 $25,900 $5,000 $20,900
2023 $220 $25,900 $5,000 $20,900
2022 $218 $25,600 $5,000 $20,600
2021 $205 $25,600 $5,000 $20,600
2020 $205 $25,600 $5,000 $20,600
2019 $205 $25,600 $5,000 $20,600
2018 $227 $0 $0 $0
2017 $216 $0 $0 $0
2016 -- $28,400 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885654

Roanoke Valley Association of REALTORS®

APN: 015-01-0062-00014