NOT LISTED FOR SALE

4424 Midland Trail Covington, VA 24426

Estimated Value: $143,479 - $288,000

6 Beds
2 Baths
2,496 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $86,000 $34 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,205/month

4 Days on Market

Highlights

  • 1.2 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of August 2020

Great investment property in Callaghan! This Duplex on 1.20 Acres offers 2 rentals. Each apartment features 3 bedrooms, 1 bath, a living room, family room, kitchen & laundry room. Current tenant has been there 7 years. Live in one, rent the other! Roof 2 years old, elec baseboard heat, back deck, plenty of yard space & parking. Close to Callaghan Elem School. Other schools: Clifton Middle, Alleghany High.

Last Agent to Sell the Property

Lisa Brown

HIGHLANDS REALTY & ASSOCIATES LLC License #0225100262 Listed on: 06/12/2020

Last Buyer's Agent

Lisa Brown

HIGHLANDS REALTY & ASSOCIATES LLC License #0225100262 Listed on: 06/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1975

Lot Details

  • 1.2 Acre Lot

Parking

  • Unpaved Parking

Home Design

  • Duplex

Interior Spaces

  • 2,496 Sq Ft Home
  • Crawl Space

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Operating Expense $1,410
  • Gross Income $5,400
  • Net Operating Income $3,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • Major Area: 27 - Alleghany County
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-06-16
  • TotalAnnualExpen: 1410.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Unpaved

Utilities

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

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Dimensions: 00 x 00
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 1.20
  • ZoningCode: AR

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 900.00
  • FILLTAXID: 03700-00-000-25D1

Multi Family

  • Lease Type: Month-to-Month
  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

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

Closed on
Aug 17, 2012
Sold by
Dotson John R and Dotson Lana S
Bought by
Dotson Lana S
Current Estimated Value
$206,709
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
Dotson Lana S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $86,000 -3.4% $34 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $89,000 -- $36 / 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
2024 $886 $121,400 $12,000 $109,400
2023 $886 $121,400 $12,000 $109,400
2022 $886 $121,400 $12,000 $109,400
2021 $886 $121,400 $12,000 $109,400
2020 $886 $121,400 $12,000 $109,400
2019 $886 $121,400 $12,000 $109,400
2018 $905 $127,400 $12,000 $115,400
2017 $905 $127,400 $12,000 $115,400
2016 $905 $127,400 $12,000 $115,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Brown

    Seller's Agent in 2020

    Lisa Brown

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 862-4414

    60 in this area

    283 Total Sales

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870352

Roanoke Valley Association of REALTORS®

APN: 03700-00-000-25D1

Virginia Alleghany County Covington 24426

4424 Midland Trail, Covington, VA

This home is located at 4424 Midland Trail, Covington, VA 24426 since 12 June 2020 and is currently estimated at $214,370, approximately $85 per square foot. This property was built in 1975. 4424 Midland Trail is a home located in Alleghany County with nearby schools including Callaghan Elementary School, Clifton Middle School, and Alleghany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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