NOT LISTED FOR SALE

805 Summit Dr Covington, VA 24426

Estimated Value: $307,000 - $379,000

2 Beds
1 Bath
1,536 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $320,000 $208 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,889/month

47 Days on Market

Highlights

  • Horses Allowed On Property
  • 33.09 Acre Lot
  • Deck
  • Callaghan Elementary School Rated 9+
  • Mountain View
  • Wood Burning Stove

About This Home

As of November 2024

33 Acres Adjoining National Forest!!! Enjoy Beautiful Mountain Views and Thousands of Acres of a Backyard!!! This 1990, two-bedroom, 1 bathroom, brick ranch sits on 33 acres that adjoins National Forest on one side. This home has a 1500 sq. ft. walkout basement that could be converted into add'l living space. In addition, the home as a s 98''x30'' detached garage that has a 15''x50'' lean to roof. Garage offers plenty of space for working on vehicle and is equipped with a 60-gallon electrical air compressor with lines run throughout garage. The garage also includes a full bath. This 33-acre tract has multiple building sites and ATV trails throughout. With some fencing, this tract would also be suitable for horses and livestock.

Last Agent to Sell the Property

Michael Trani

RE/MAX ALL STARS License #0225264467 Listed on: 08/14/2024

RE/MAX ALL STARS

Last Buyer's Agent

Monty Bowman

HIGHLANDS REALTY & ASSOCIATES LLC License #0225071506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1990

Lot Details

  • 33.09 Acre Lot
  • Hilly Lot
  • Cleared Lot
  • Property is zoned AR

Parking

  • 10 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Mountain Views

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Recreation

  • Trails

Additional Features

  • No Home Owners Association
  • Google Fiber

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,889

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Interior Features: Wood Stove
  • Heating System: Forced Air Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway, Storage Shed
  • Views: Mountain, Sunrise, Sunset
  • Addl Covered Parking S Q F T: 2950
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1536.00
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: Lumos
  • LaundryLaundryEntryLevel: 1
  • Major Area: 27 - Alleghany County
  • NumberPrimCovSpaces: 10.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1536
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 10.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1536.00
  • TotalUnfin Sq Ft: 1536.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1536.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Cable TV, Horses Permitted

Lot Info

  • Lot Description: Cleared, Hilly
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 33.09
  • ZoningCode: AR

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 1889.24

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
Aug 14, 2024
Closed on
Nov 8, 2024
Sold by
Snyder John Andrew
Bought by
Michaelis Michael
Seller's Agent
Michael Trani
RE/MAX ALL STARS
Buyer's Agent
Monty Bowman
HIGHLANDS REALTY & ASSOCIATES LLC
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Views
94
Current Estimated Value
$339,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,235
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Cook William E and Cook Viola L
Bought by
Snyder John Andrew and Snyder Carolyn L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Michaelis Michael $320,000 --
Snyder John Andrew $131,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $320,000 -8.6% $208 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $349,999 -6.7% $228 / Sq Ft
08/14/2024 08/14/24 For Sale $375,000 -- $244 / 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 $1,405 $192,400 $31,200 $161,200
2023 $1,405 $192,400 $31,200 $161,200
2022 $1,405 $192,400 $31,200 $161,200
2021 $1,405 $192,400 $31,200 $161,200
2020 $1,405 $192,400 $31,200 $161,200
2019 $1,405 $192,400 $31,200 $161,200
2018 $1,382 $194,600 $31,200 $163,400
2017 $1,382 $194,600 $31,200 $163,400
2016 $1,382 $194,600 $31,200 $163,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 910037

Roanoke Valley Association of REALTORS®

APN: 09300-00-000-0830