NOT LISTED FOR SALE

490 Coves Rd Union Hall, VA 24176

Estimated Value: $1,547,297 - $2,050,000

3 Beds
4 Baths
3,248 Sq Ft
$550/Sq Ft Est. Value

About This Home

This home is located at 490 Coves Rd, Union Hall, VA 24176 and is currently estimated at $1,785,074, approximately $549 per square foot. 490 Coves Rd is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Coves Model Homes 2 Llc
Bought by
Weikart Enterprises Llc
Current Estimated Value
$1,785,074

Purchase Details

Closed on
Jul 7, 2022
Sold by
Coves Land Holdings Llc
Bought by
Coves Model Homes 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2017
Sold by
North State Investments Llc and Crumpler John C
Bought by
Smith Mountain Lake Llc

Purchase Details

Closed on
May 26, 2010
Sold by
Optima Properties Smith Mountain Lake Ll
Bought by
North State Investmentas Llc
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Weikart Enterprises Llc $1,750,000 None Listed On Document
Weikart Enterprises Llc $1,750,000 None Listed On Document
Coves Model Homes 2 Llc $150,000 None Listed On Document
Smith Mountain Lake Llc -- None Available
North State Investmentas Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coves Model Homes 2 Llc $800,000
Source: Public Records

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 $3,677 $855,200 $190,000 $665,200
2024 $3,269 $760,300 $190,000 $570,300
2023 $2,225 $585,800 $165,000 $420,800
2022 $390 $64,000 $64,000 $0
2021 $390 $64,000 $64,000 $0
2020 $390 $64,000 $64,000 $0
2019 $915 $150,000 $150,000 $0
2018 $915 $150,000 $150,000 $0
2017 $825 $203,000 $203,000 $0
2016 $825 $203,000 $203,000 $0
2015 $1,096 $203,000 $203,000 $0
2014 $1,096 $203,000 $203,000 $0
2013 $1,096 $203,000 $203,000 $0
Source: Public Records

Map

Virginia Franklin County Union Hall 24176

490 Coves Rd, Union Hall, VA

Not Listed for Sale

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