NOT LISTED FOR SALE

805 Summit Dr Covington, VA 24426

Estimated Value: $319,000 - $401,000

2 Beds
1 Bath
1,536 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2024

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

Est. 10% increase in value since last sale

Current estimated payment $1,970 / mo

About This Home

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.

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
$351,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,779
Avg. Annual Appreciation
6.80%

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
Not Available
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 Prior Sale
11/08/2024 11/08/24 Sold $320,000 -8.6% $208 / Sq Ft View Prior Sale
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

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 $1,256 $256,300 $36,200 $220,100
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

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