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5940 Covesville Store Rd

Covesville, VA 22931

4 bd 2 ba 2,294 sqft Built 1880 Lot 1,587,326 sqft single_family
Most recent sale
$585,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $585,000 MLS #629236
Apr 23, 2022 Listed $585,000 MLS #629236
Apr 23, 2021 Sold $485,000 MLS #613228
Oct 14, 2002 Sold $295,000 MLS #336848
Jan 26, 2002 Listed $299,000 MLS #336848

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $329,000 $324,600 $653,600 $263
2024 $329,000 $324,600 $653,600 $547
2023 $301,300 $345,900 $647,200 $255
2022 $265,900 $211,900 $477,800 $3,329
2021 $215,300 $242,300 $457,600 $2,893
2020 $204,200 $201,900 $406,100 $2,736
2019 $194,400 $201,900 $396,300 $2,651
2018 $187,600 $201,900 $389,500 $2,543
2017 $188,200 $182,700 $370,900 $2,515
2016 $156,600 $122,900 $279,500 $2,345
2015 $152,700 $54,900 $207,600 $1,700
2014 $152,100 $54,900 $207,000 $1,653
2013 $150,600 $53,200 $203,800 $1,561
2012 $152,700 $52,900 $205,600 $1,566
2011 $157,000 $52,700 $209,700 $1,555
2010 $159,200 $319,500 $478,700 $3,551

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,294 sqft
Lot size
1,587,326 sqft
ZIP code
22931
City
Covesville
Street
Covesville Store Rd
Coordinates
37.89232, -78.70857

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,441
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 5940 Covesville Store Rd last sell?
5940 Covesville Store Rd most recently sold on Jul 13, 2022 for $585,000.
What is the current tax assessment for 5940 Covesville Store Rd?
The most recent total assessment for 5940 Covesville Store Rd (year 2025) is $653,600 with $263 in property tax.
How does 5940 Covesville Store Rd's assessment compare to its last sale price?
The current assessment is 11.7% above the last sale price of $585,000.
When was 5940 Covesville Store Rd built?
5940 Covesville Store Rd was built in 1880.
How does 5940 Covesville Store Rd compare to others on Covesville Store Rd?
We do not currently track other properties on Covesville Store Rd.
What are the property facts for 5940 Covesville Store Rd?
5940 Covesville Store Rd is a 4 bed, 2 bath, 2,294 sqft, 1,587,326 sqft lot single_family.
Is 5940 Covesville Store Rd a flip candidate?
Yes — 5940 Covesville Store Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5940 Covesville Store Rd a tax-appeal candidate?
No — 5940 Covesville Store Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.2%
Implied 1-yr
+16.9%
2025 Q1
$333.6K
2025 Q2
$344.6K
ZIP 22931 — Median Price History + Forecast

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