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7240 Cove Hollow Rd

Elliston, VA 24087

1 bd 1 ba 576 sqft Built 1911 Lot 11,761 sqft single_family
Most recent sale
$25,000
Mar 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2022 Sold $25,000 MLS #887227
Feb 25, 2022 Listed $35,724 MLS #887227

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,800 $10,800 $28,600 $294
2023 $15,100 $10,800 $25,900 $274
2022 $21,000 $14,400 $35,400 $385
2021 $18,800 $14,400 $33,200 $328
2020 $18,300 $14,400 $32,700 $328
2018 $17,300 $14,400 $31,700 $328
2017 $16,900 $14,400 $31,300 $328
2016 $16,700 $14,400 $31,100 $328
2015 $16,500 $14,400 $30,900 $336
2014 $16,300 $13,800 $30,100 $328
2013 $16,300 $13,800 $30,100 $328
2012 $16,900 $14,400 $31,300 $341
2011 $17,000 $14,400 $31,400 $342
2010 $17,100 $14,400 $31,500 $343
2009 $17,700 $14,400 $32,100 $350
2008 $16,700 $14,400 $31,100 $338
2007 $16,200 $12,000 $28,200 $307

Property facts

Year built
1911
Property type
single_family
Stories
Beds
1
Baths
1
Living area
576 sqft
Lot size
11,761 sqft
ZIP code
24087
City
Elliston
Street
Cove Hollow Rd
Coordinates
37.22428, -80.18875

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7240 Cove Hollow Rd last sell?
7240 Cove Hollow Rd most recently sold on Mar 7, 2022 for $25,000.
What is the current tax assessment for 7240 Cove Hollow Rd?
The most recent total assessment for 7240 Cove Hollow Rd (year 2025) is $28,600 with $294 in property tax.
How does 7240 Cove Hollow Rd's assessment compare to its last sale price?
The current assessment is 14.4% above the last sale price of $25,000.
When was 7240 Cove Hollow Rd built?
7240 Cove Hollow Rd was built in 1911.
How does 7240 Cove Hollow Rd compare to others on Cove Hollow Rd?
We track 8 other properties on Cove Hollow Rd. Browse the list under "Other properties on Cove Hollow Rd" to compare beds, baths, and sale history.
What are the property facts for 7240 Cove Hollow Rd?
7240 Cove Hollow Rd is a 1 bed, 1 bath, 576 sqft, 11,761 sqft lot single_family.
Is 7240 Cove Hollow Rd a flip candidate?
No — 7240 Cove Hollow Rd does not appear in our flips dataset.
Is 7240 Cove Hollow Rd a tax-appeal candidate?
No — 7240 Cove Hollow 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
-1.2%
Implied 1-yr
-4.9%
2026 Q1
$243.9K
2026 Q2
$240.7K
ZIP 24087 — Median Price History + Forecast

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