Sold for $81,000

$81,000

5124 Big Ridge Rd, Covington, VA 24426

--beds

--baths

1,212sqft

Multi Family

Built in 1890

-- sqft lot

$152,400 Zestimate^®

$67/sqft

$1,035 Estimated rent

Home value

$152,400

$133,000 - $175,000

$1,035/mo

Zestimate^® history

Owner options

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$1,035/mo

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$398/mo

Est. payment

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$398/mo

Est. payment

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What's special

Moncove lake state parkNew laminate flooringNewly remodeled duplexNew pellet stoveRemodeled kitchensWestern alleghany countyLp gas heat

NEWLY REMODELED DUPLEX located in western Alleghany County within walking distance to the George Washington National Forest. Outdoor recreation at its best! Hunting, Fishing, Hiking and Camping are in close proximity. Moncove Lake State Park and Tuckhoe Lake are only a short drive away. This nice property will make a very nice Airbnb with unlimited income potential. Both units include remodeled kitchens and baths, LP Gas heat, new laminate flooring, and upgraded 200-AMP Electric. Moreover, there's a new pellet stove offering back-up heat. Schedule your private showing today. Area schools include Alleghany High School, Clifton Middle School and Callaghan Elementary School.

Facts & features

Interior

Heating

Baseboard Electric, Gas - Propane, Other - See Remarks

Cooling

None

Features

Breakfast Area, Other - See Remarks
Has basement: Yes

Interior area

Total structure area: 1,212
Total interior livable area: 1,212 sqft

Property

Parking

Total spaces: 3
Parking features: Private (1 - 9)

Lot

Size: 1.12 Acres
Dimensions: 350 x 125

Details

Parcel number: 06700000000050 & 0060
Zoning: AR

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl

Condition

Completed
Year built: 1890

Utilities & green energy

Electric: 0 Phase
Sewer: Private Septic
Water: Well

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Covington

Financial & listing details

Price per square foot: $67/sqft
Tax assessed value: $129,000
Annual tax amount: $190
Date on market: 12/13/2022
Tenant pays: None

Price history

Date	Event	Price
10/17/2023	Sold	$81,000-9.9%$67/sqft
Source: RVAR #894846 Report a problem
8/18/2023	Pending sale	$89,900$74/sqft
Source: RVAR #894846 Report a problem
6/8/2023	Price change	$89,900-5.4%$74/sqft
Source: RVAR #894846 Report a problem
4/27/2023	Price change	$95,000-4.9%$78/sqft
Source: RVAR #894846 Report a problem
12/13/2022	Listed for sale	$99,900$82/sqft
Source: RVAR #894846 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$632 +268.5%	$129,000 +448.9%
2024	$172	$23,500
2023	$172	$23,500
2022	$172	$23,500
2021	$172	$23,500
2020	$172	$23,500 -30.3%
2018	--	$33,700
2017	--	$33,700
2016	--	$33,700
2015	--	--
2014	--	--
2012	--	--
2011	--	--
2010	--	--