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515 Luke Mountain Rd, Covington, VA 24426

Est. $728,114
  • 10bed
  • 6.5+bath
  • 12,000 square feet
  • 24.77 acre lot
Photo of property at 515 Luke Mountain Rd, Covington, VA 24426
Off Market

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Estimated home value*

$728,114

*Estimation is calculated based on tax assessment records, recent sale prices of comparable properties, and other factors.
  • 10bed
  • 6.5+bath
  • 12,000 square feet
  • 24.77 acre lot
515 Luke Mountain Rd,
Covington, VA 24426
  • Property type
    Single Family
  • Year built
    1919
  • Last sold
    $500K in 2017

524.99%

More expensive than nearby properties

$228.1K

Since last sold in 2017

N/A

Median rent for nearby properties

Property Details

Property features

Bedrooms

  • Bedrooms: 10
  • Master Bedroom Upper Level: 1
  • Bedroom Upper Level: 10

Bathrooms

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Baths: 6.20
  • Full Baths Entry Level: 1
  • Full Baths Upper Level: 5
  • Half Baths Upper Level: 1
  • Half Baths Entry Level: 1

Other rooms

  • Basement: Walkout - Full
  • Basement Y/N: Yes

Building and Construction

  • House Style: Detached
  • Upper - SQFT Fin/Ht: 8000
  • Floors: Carpet, Tile - I.E. Ceramic, Wood
  • Construction Status: Completed
  • Total Unfinished SQFT: 4400.00
  • Entry - SQFT Fin/Ht: 4000

Exterior and Lot Features

  • Lot Dimensions: /

Waterfront and Water Access

  • Water Class: Waterfront Property
  • Length of Waterfront: 21.77

Heating and Cooling

  • Cooling: Window A/C
  • Heating: Radiator Gas Heat, Wood Furnace

Utilities

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

Other Property Info

  • Municipality: Alleghany County
  • Area: 2700 - Alleghany County
  • Directions: I-64 to exit 16A; US-60W/US-220N through Covington (L on E Madison, 1.28 mi to L on S Monroe, 1.42 mi to slight L on Luke Mountain Rd); 0.85 mi up private road to home on L (east side circular drive)
  • Section: /
  • Major Area: 27 - Alleghany County
  • Water ID: River or Other
  • Block: /

Listing Information

  • Listing Type: Exclusive Right to Represent Seller

RealEstimate℠

The following table summarizes the chart by comparing the earliest historic estimate, last year's estimate, and a forecasted projection to this month's current estimate for each valuation provider.

ProviderCurrent estimateEstimate for Jun 2023Change Since Jun 2023
Quantarium
$728,114$659,590+10%
Collateral Analytics
$1,097,702--
CoreLogic®
---

Our home values come from independent valuation providers, whose solutions are used by many financial institutions, insurance companies, and real estate agents. Each valuation provider applies a unique approach and methodology resulting in a range of values that consumers can use as a starting point for discussions with a real estate agent.

Learn more about home estimations

Price History

DateEventPricePrice/SqftSource
12/01/2017Sold$500,000 $42 Roanoke
11/30/2017Listing Removed- - Rockbridge
11/20/2017Relisted$549,000 $46 Rockbridge
09/22/2017Listing Removed$549,000 $46 Rockbridge
01/01/2017Sold$500,000 $63 Public Record
08/30/2016Listed$549,000 $46 Roanoke
08/23/2016Listed$549,000 $46 Rockbridge
09/09/2015Listing Removed$569,000 $47 Rockbridge
08/07/2015Listed$549,000 $46 Rockbridge
03/21/2015Listing Removed$549,000 $46 Rockbridge
08/05/2014Listed$549,000 $46 Rockbridge
10/31/2012Listing Removed$719,000 $60 Rockbridge
03/02/2012Listed$719,000 $60 Rockbridge
02/29/2012Listing Removed$719,000 $60 Rockbridge
04/26/2011Listed$719,000 $60 Rockbridge
11/08/2009Listing Removed$744,950 $60 Roanoke
10/17/2009Price Changed$744,950 $60 Roanoke
11/13/2008Listed$794,950 $65 Roanoke

Tax History

YearTaxesTotal assessmentsequalsLandadded toAdditions
2022$3,409$467,000=$45,000+$422,000
2021$3,409$467,000=$45,000+$422,000
2020$3,409$467,000=$45,000+$422,000
2019$3,409$467,000=$45,000+$422,000
2018$3,699$521,100=$56,000+$465,100
2017$3,699$521,100=$56,000+$465,100
2016$3,699$521,100=$56,000+$465,100
2015$3,595$521,100=$56,000+$465,100
2014$3,595$521,100=$56,000+$465,100
2013$3,491$521,100=$56,000+$465,100

Facts about 515 Luke Mountain Rd

Commute time:

Noise level:N/A
This home has a n/a noise level for the surrounding area
  • $179,000Median listing price
  • $116,500Median sales price
  • 48Median days on market
  • $107Median price per sqft

Nearby neighborhoods in Covington, VA

  • Preston ParkMedian listing: $244,225
  • RoundhillMedian listing: $228,494
  • Melrose RugbyMedian listing: $182,115
  • BonsackMedian listing: $399,950
Popular searches in Covington include: Price reduced New construction Virtual tours Retirement communities New listings Foreclosures Single story Central air Basement Swimming pool Waterfront Ocean view Lake view Garage 1 or more Garage 2 or more Garage 3 or more Rv or boat parking Big lot Big yard Boat dock Single Family Homes Covington Multi-Family Homes Covington Lands Covington

Nearby Home Values

AddressEstimateBedBathSq FtLot (Sq Ft)
This Home: 515 Luke Mountain Rd$728,114106.5+120001078981
575 Luke Mountain Rd, Covington, VA 24426$95,0004-2512152460
424 Luke Mountain Rd, Covington, VA 24426$185,0004-5341277782
218 Luke Mountain Rd, Covington, VA 24426$349,9004-4106373309
410 N Lexington Ave, Covington, VA 24426$75,0004-19046000
212 Rosedale Ave, Covington, VA 24426$32,5004-225242253
411 N Lexington Ave, Covington, VA 24426N/A2-128012729
408 N Lexington Ave, Covington, VA 24426$25,0004-18906000
406 N Lexington Ave, Covington, VA 24426$59,5004-19886000
208 Rosedale Ave, Covington, VA 24426N/A2-1344565
426 W Merry Ln, Covington, VA 24426$3,5003-189011579
606 Addams St, Covington, VA 24426$61,0003-1338284
402 N Lexington Ave, Covington, VA 24426$43,1003-20346000
448 W Riverside St, Covington, VA 24426$95,0005-22106000
712 Sweetbrier Ave, Covington, VA 24426$68,0002-12692018
444 W Riverside St, Covington, VA 24426$80,0003-33636000
420 W Merry Ln, Covington, VA 24426N/A2-112010087
440 W Riverside St, Covington, VA 24426$110,0004-351211250
320 N Lexington Ave, Covington, VA 24426$29,3002-11679750
204 Rosedale Ave, Covington, VA 24426$214,0005-2548594
600 W Main St, Covington, VA 24426$20,0003-150010454
412 W Merry Ln, Covington, VA 24426$34,0002-9367407
602 W Main St, Covington, VA 24426N/A2-7143168
430 W Riverside St, Covington, VA 24426N/A2-282111250
608 Addams St, Covington, VA 24426$120,0003-4488259
610 Addams St, Covington, VA 24426N/A3-2100150

Homes Around $728,114

Recently Sold Homes Near 515 Luke Mountain Rd

Additional Information About 515 Luke Mountain Rd, Covington, VA 24426

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