406 Lexington Ave
Covington, VA 24426
3 bd 1 ba 1,162 sqft Built 1920 Lot 5,227 sqft single_family
Most recent sale
$24,000
Jan 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2024 | Sold | $129,000 | Public Record |
| Apr 12, 2024 | Listed | $129,000 | Rockbridge |
| Jan 7, 2022 | Sold | $24,000 | MLS #883547 |
| Dec 11, 2021 | Listing removed | — | Rockbridge |
| Nov 2, 2021 | Price changed | $36,900 | MLS #136366 |
| Sep 5, 2021 | Listed | $39,900 | MLS #136366 |
| Feb 8, 2012 | Sold | $30,000 | Public Record |
| Jan 25, 2012 | Listing removed | $34,950 | Roanoke |
| Jan 1, 2012 | Sold | $30,000 | Public Record |
| Oct 31, 2011 | Listed | $34,950 | MLS #776069 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $27,700 | $6,000 | $33,700 | $286 |
| 2024 | $27,700 | $6,000 | $33,700 | $286 |
| 2023 | $27,200 | $6,000 | $33,200 | $282 |
| 2022 | $26,500 | $6,000 | $32,500 | $276 |
| 2021 | $26,500 | $6,000 | $32,500 | $260 |
| 2020 | $26,500 | $6,000 | $32,500 | $260 |
| 2019 | $26,500 | $6,000 | $32,500 | $260 |
| 2018 | $29,900 | $6,000 | $35,900 | $287 |
| 2017 | $29,900 | $6,000 | $35,900 | $273 |
| 2016 | $29,900 | $6,000 | $35,900 | $269 |
| 2015 | $29,900 | $6,000 | $35,900 | $262 |
| 2014 | $29,000 | $6,000 | $35,000 | $249 |
| 2013 | $29,000 | $6,000 | $35,000 | $242 |
| 2012 | $29,000 | $6,000 | $35,000 | $242 |
| 2010 | $30,600 | $6,000 | $36,600 | $242 |
| 2009 | $30,600 | $6,000 | $36,600 | $242 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,162 sqft
Lot size
5,227 sqft
ZIP code
24426
City
Covington
Street
Lexington Ave
Coordinates
37.78572, -79.99323
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$144
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 406 Lexington Ave last sell?
406 Lexington Ave most recently sold on Jan 7, 2022 for $24,000.
What is the current tax assessment for 406 Lexington Ave?
The most recent total assessment for 406 Lexington Ave (year 2025) is $33,700 with $286 in property tax.
How does 406 Lexington Ave's assessment compare to its last sale price?
The current assessment is 40.4% above the last sale price of $24,000.
When was 406 Lexington Ave built?
406 Lexington Ave was built in 1920.
How does 406 Lexington Ave compare to others on Lexington Ave?
We track 8 other properties on Lexington Ave. Browse the list under "Other properties on Lexington Ave" to compare beds, baths, and sale history.
What are the property facts for 406 Lexington Ave?
406 Lexington Ave is a 3 bed, 1 bath, 1,162 sqft, 5,227 sqft lot single_family.
Is 406 Lexington Ave a flip candidate?
No — 406 Lexington Ave does not appear in our flips dataset.
Is 406 Lexington Ave a tax-appeal candidate?
No — 406 Lexington Ave is not currently flagged as a tax-appeal candidate.
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 Lexington Ave