242 Grove Terrace Dr
Abingdon, VA 24210
4 bd 2 ba 2,040 sqft Built 1924 Lot 26,136 sqft single_family
Most recent sale
$254,900
May 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2022 | Sold | $254,900 | Public Record |
| Apr 6, 2022 | Listed | $289,000 | MLS #9936046 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $309,000 | $40,000 | $349,000 | $1,500 |
| 2024 | $309,000 | $40,000 | $349,000 | $1,317 |
| 2023 | $146,200 | $40,000 | $186,200 | $1,117 |
| 2022 | $130,800 | $40,000 | $170,800 | $1,024 |
| 2021 | $130,800 | $40,000 | $170,800 | $1,025 |
| 2020 | $112,500 | $40,000 | $152,500 | $961 |
| 2019 | $112,500 | $40,000 | $152,500 | $961 |
Property facts
Year built
1924
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,040 sqft
Lot size
26,136 sqft
ZIP code
24210
City
Abingdon
Street
Grove Terrace Dr
Coordinates
36.70666, -81.97716
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,529
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 242 Grove Terrace Dr last sell?
242 Grove Terrace Dr most recently sold on May 17, 2022 for $254,900.
What is the current tax assessment for 242 Grove Terrace Dr?
The most recent total assessment for 242 Grove Terrace Dr (year 2025) is $349,000 with $1,500 in property tax.
How does 242 Grove Terrace Dr's assessment compare to its last sale price?
The current assessment is 36.9% above the last sale price of $254,900.
When was 242 Grove Terrace Dr built?
242 Grove Terrace Dr was built in 1924.
How does 242 Grove Terrace Dr compare to others on Grove Terrace Dr?
We track 4 other properties on Grove Terrace Dr. Browse the list under "Other properties on Grove Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 242 Grove Terrace Dr?
242 Grove Terrace Dr is a 4 bed, 2 bath, 2,040 sqft, 26,136 sqft lot single_family.
Is 242 Grove Terrace Dr a flip candidate?
No — 242 Grove Terrace Dr does not appear in our flips dataset.
Is 242 Grove Terrace Dr a tax-appeal candidate?
Yes — 242 Grove Terrace Dr 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
-1.9%
Implied 1-yr
-7.5%
2026 Q3
$221.3K
2026 Q4
$221.3K
ZIP 24210 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove Terrace Dr