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2991 Cove Trce

Charlottesville, VA 22911

4 bd 3 ba 2,676 sqft Built 1989 Lot 12,632 sqft single_family
Most recent sale
$577,500
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $577,500 MLS #630708
May 21, 2022 Listed $565,000 MLS #630708
Apr 6, 1989 Sold $185,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $595,300 $157,000 $752,300 $6,303
2024 $595,300 $157,000 $752,300 $4,799
2023 $437,300 $140,000 $577,300 $4,930
2022 $371,100 $130,000 $501,100 $4,279
2021 $335,200 $130,000 $465,200 $3,972
2020 $321,800 $130,000 $451,800 $3,858
2019 $305,500 $130,000 $435,500 $3,719
2018 $294,000 $125,000 $419,000 $3,515
2017 $260,500 $140,000 $400,500 $3,360
2016 $270,800 $130,000 $400,800 $3,362
2015 $277,500 $130,000 $407,500 $3,337
2014 $285,800 $130,000 $415,800 $3,322
2013 $265,400 $130,000 $395,400 $3,028
2012 $268,700 $130,000 $398,700 $3,038
2011 $272,000 $130,000 $402,000 $2,982
2010 $275,300 $130,000 $405,300 $3,007

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,676 sqft
Lot size
12,632 sqft
ZIP code
22911
City
Charlottesville
Street
Cove Trce
Coordinates
38.11885, -78.43540

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,014
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 2991 Cove Trce last sell?
2991 Cove Trce most recently sold on Jul 6, 2022 for $577,500.
What is the current tax assessment for 2991 Cove Trce?
The most recent total assessment for 2991 Cove Trce (year 2025) is $752,300 with $6,303 in property tax.
How does 2991 Cove Trce's assessment compare to its last sale price?
The current assessment is 30.3% above the last sale price of $577,500.
When was 2991 Cove Trce built?
2991 Cove Trce was built in 1989.
How does 2991 Cove Trce compare to others on Cove Trce?
We track 7 other properties on Cove Trce. Browse the list under "Other properties on Cove Trce" to compare beds, baths, and sale history.
What are the property facts for 2991 Cove Trce?
2991 Cove Trce is a 4 bed, 3 bath, 2,676 sqft, 12,632 sqft lot single_family.
Is 2991 Cove Trce a flip candidate?
No — 2991 Cove Trce does not appear in our flips dataset.
Is 2991 Cove Trce a tax-appeal candidate?
Yes — 2991 Cove Trce appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$505.1K
2026 Q4
$485.4K
ZIP 22911 — Median Price History + Forecast

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