2416 Hot Springs Rd
Covington, VA 24426
3 bd 1 ba 1,024 sqft Built 1947 Lot 22,651 sqft single_family
Most recent sale
$105,000
Mar 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 9, 2023 | Sold | $116,000 | Public Record |
| Mar 1, 2022 | Sold | $105,000 | MLS #886560 |
| Jan 28, 2022 | Listed | $105,000 | MLS #886560 |
| Feb 2, 2015 | Listing removed | $59,900 | Rockbridge |
| Jan 30, 2015 | Sold | $55,900 | Public Record |
| Jan 1, 2015 | Sold | $55,900 | Public Record |
| Dec 24, 2014 | Price changed | $59,900 | MLS #128854 |
| Oct 27, 2014 | Listed | $69,900 | MLS #128854 |
| Jun 28, 2007 | Sold | $60,000 | Public Record |
| Jan 1, 2007 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $131,600 | $18,000 | $149,600 | $733 |
| 2023 | $73,000 | $10,000 | $83,000 | $605 |
| 2022 | $73,000 | $10,000 | $83,000 | $605 |
| 2021 | $73,000 | $10,000 | $83,000 | $605 |
| 2020 | $73,000 | $10,000 | $83,000 | $606 |
| 2019 | $73,000 | $10,000 | $83,000 | $606 |
| 2018 | $59,000 | $10,000 | $69,000 | $490 |
| 2017 | $59,000 | $10,000 | $69,000 | $490 |
| 2016 | $59,000 | $10,000 | $69,000 | $490 |
| 2015 | $59,000 | $10,000 | $69,000 | $476 |
| 2014 | $59,000 | $10,000 | $69,000 | $476 |
| 2013 | $59,000 | $10,000 | $69,000 | $462 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,024 sqft
Lot size
22,651 sqft
ZIP code
24426
City
Covington
Street
Hot Springs Rd
Coordinates
37.83130, -79.97805
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2416 Hot Springs Rd last sell?
2416 Hot Springs Rd most recently sold on Mar 1, 2022 for $105,000.
What is the current tax assessment for 2416 Hot Springs Rd?
The most recent total assessment for 2416 Hot Springs Rd (year 2025) is $149,600 with $733 in property tax.
How does 2416 Hot Springs Rd's assessment compare to its last sale price?
The current assessment is 42.5% above the last sale price of $105,000.
When was 2416 Hot Springs Rd built?
2416 Hot Springs Rd was built in 1947.
How does 2416 Hot Springs Rd compare to others on Hot Springs Rd?
We track 3 other properties on Hot Springs Rd. Browse the list under "Other properties on Hot Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 2416 Hot Springs Rd?
2416 Hot Springs Rd is a 3 bed, 1 bath, 1,024 sqft, 22,651 sqft lot single_family.
Is 2416 Hot Springs Rd a flip candidate?
No — 2416 Hot Springs Rd does not appear in our flips dataset.
Is 2416 Hot Springs Rd a tax-appeal candidate?
Yes — 2416 Hot Springs Rd 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 valuationQuarterly trend
+3.2%
Implied 1-yr
+12.9%
2026 Q3
$243.3K
2026 Q4
$249.8K
ZIP 24426 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Hot Springs Rd