5111 Hematite Ln
Covington, VA 24426
- 3 Beds
- 1 Bath
- 1,326 sqft (on 2.66 acres)
3 Beds
1 Bath
1,326 sqft
(on 2.66 acres)
Local Information
-- mins to
Description
House located on 2.66+/- with 42.98+/- frontage on Dunlap Creek. House is fixer upper. Basically new septic system and new well. Property is located in the Hematite area of western Alleghany County. Best uses are residential or recreation.
5111 Hematite Ln, Covington, VA 24426 is a 3 bedroom, 1 bathroom, 1,326 sqft single-family home built in 1954. It is currently off market. The Trulia Estimate is $209,700, with a rent estimate of $1,257/month.
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5111 Hematite Ln
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Interior Details BasementNumber of Rooms: 6 |
Heating & Cooling Heating: GasHeating Fuel: Gas |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Hardwood, Laminate |
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Exterior Home Features Roof: MetalExterior: BrickFoundation Type: Concrete BlockGardenPorch |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 2.66 acres |
Price History for 5111 Hematite Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 05/17/2019 | $60,000 | ListingRemoved | Agent Provided |
| 03/06/2019 | $60,000 | PriceChange | Agent Provided |
| 11/19/2018 | $75,000 | Listed For Sale | Agent Provided |
Market trends in Covington
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
61
8MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,061 |
| Assessment | $216,600 |
Home facts updated by county records
Comparable Sales for 5111 Hematite Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
5.32 | Single-Family Home | $50,000 | 06/22/26 | 3 | 1 | 1,284 | |
6.32 | Single-Family Home | $165,000 | 09/10/25 | 3 | 2 | 1,438 | |
8.15 | Single-Family Home | $280,000 | 03/20/26 | 3 | 1 | 2,050 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5111 Hematite Ln.
What Locals Say about Covington
At least 15 Trulia users voted on each feature.
100 % Say parking is easy
95 % Say yards are well-kept
91 % Say car is needed
88 % Say there's holiday spirit
76 % Say people would walk alone at night
72 % Say there's wildlife
70 % Say it's dog friendly
68 % Say kids play outside
60 % Say neighbors are friendly
58 % Say they plan to stay for at least 5 years
46 % Say there are sidewalks
42 % Say it's quiet
42 % Say streets are well-lit
40 % Say it's walkable to restaurants
30 % Say it's walkable to grocery stores
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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