NOT LISTED FOR SALE

515 Luke Mountain Rd Covington, VA 24426

Covington Area

Estimated Value: $327,681

10 Beds
8 Baths
12,000 Sq Ft
$27/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2017

Last sale price $500,000 $42 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,883 / mo

398 Days on Market

Highlights

  • 22 Feet of Waterfront
  • 24.77 Acre Lot
  • No HOA

About This Home

As of December 2017

EdgemontElem;JeterWatson Middle;CovingtonHigh. Host family, friends, meetings, and special events in grand Gatsby-era style at Pen-Y-Bryn, an Arts & Crafts mansion on 24+ private acres just outside Covington. Located less than an hour from Roanoke or Lexington, and only 30 minutes from two renowned area resorts, this landmark property boasts generous living and dining rooms, expansive porches and garden terraces, and 11+ commodious bedrooms. Pen-Y-Bryn was constructed in 1919 for one of Virginia's principal industrialists, William Allan Luke, Sr. From his mountaintop estate (''pen y bryn'' is Welsh for ''top of the hill'') across the Jackson River just outside of Covington, Luke could literally and figuratively oversee the operations of the West Virginia Pulp & Paper Company (later Westvac

Last Agent to Sell the Property

Janie Harris

JAMES RIVER REALTY LLC License #0225057442 Listed on: 08/30/2016

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

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Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1919

Lot Details

  • 24.77 Acre Lot
  • 22 Feet of Waterfront

Home Design

  • 12,000 Sq Ft Home
  • Single Family Detached Home
  • Manufactured Home
  • Brick Exterior Construction
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Radiator
  • Furnace
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block / / /

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,821

Year Built

Built in 1919

Lot Details

24.77 Acres

Listing Details

  • Heating System: Radiator Gas Heat, Wood Furnace
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Window A/C
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 4000.00
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsUpperLvl: 1
  • LengthOfWaterfront: 21.77
  • Major Area: 27 - Alleghany County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • Total Above Grd Fin S Q F T: 12000
  • TotalBdrm: 10
  • TotalBths: 6.20
  • TotalFBaths: 6
  • Total Finished Sq Ft: 12000.00
  • TotalHBaths: 2
  • TotalUnfin Sq Ft: 4400.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 4400.00
  • UpperAboveGrdFin Sq Ft: 8000.00
  • Water Class: Waterfront Property
  • WaterID: River or Other
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Shared Septic
  • Water Description: Shared Well

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 24.77
  • Lot: /

Building Info

  • Year Built: 1919

Tax Info

  • Taxes (6 mo): 3821.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2004
Sold by
Bought by
Current Estimated Value
$327,681
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$95,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $500,000 -8.9% $42 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/30/2016 08/30/16 For Sale $549,000 -- $46 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,017 $207,600 $60,000 $147,600
2024 $1,018 $139,500 $47,500 $92,000
2023 $1,018 $139,500 $47,500 $92,000
2022 $1,018 $139,500 $47,500 $92,000
2021 $1,018 $139,500 $47,500 $92,000
2020 $1,018 $139,500 $47,500 $92,000
2019 $1,018 $139,500 $47,500 $92,000
2018 $884 $124,500 $32,500 $92,000
2017 $884 $124,500 $32,500 $92,000
2016 $884 $124,500 $32,500 $92,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 829955

Roanoke Valley Association of REALTORS®

APN: 03900-00-000-027B

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