226 Chestnut Ln
Amherst, VA 24521
3 bd 3 ba 1,848 sqft Built 1983 Lot 869,501 sqft single_family
Most recent sale
$440,000
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Sold | $440,000 | Public Record |
| Jul 22, 2022 | Sold | $440,000 | Lynchburg |
| Jun 2, 2022 | Listed | $460,000 | MLS #338479 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $155,500 | $98,300 | $253,800 | $1,548 |
| 2023 | $155,500 | $98,300 | $253,800 | $1,548 |
| 2022 | $155,500 | $98,300 | $253,800 | $1,548 |
| 2021 | $155,500 | $98,300 | $253,800 | $1,548 |
| 2020 | $155,500 | $98,300 | $253,800 | $1,548 |
| 2019 | $147,200 | $104,300 | $251,500 | $1,534 |
| 2018 | $147,200 | $104,300 | $251,500 | $1,534 |
| 2017 | $147,200 | $104,300 | $251,500 | $1,534 |
| 2016 | $147,200 | $104,300 | $251,500 | $1,534 |
| 2015 | $147,200 | $104,300 | $251,500 | $1,408 |
| 2014 | $147,200 | $104,300 | $251,500 | $1,408 |
| 2013 | $151,300 | $104,300 | $255,600 | $1,380 |
Property facts
Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,848 sqft
Lot size
869,501 sqft
ZIP code
24521
City
Amherst
Street
Chestnut Ln
Coordinates
37.62854, -78.98410
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,772
Gross rental yield
7.56%
Implied cap rate
4.91%
Trend-extrapolated value
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Frequently asked questions
When did 226 Chestnut Ln last sell?
226 Chestnut Ln most recently sold on Jul 25, 2022 for $440,000.
What is the current tax assessment for 226 Chestnut Ln?
The most recent total assessment for 226 Chestnut Ln (year 2025) is $253,800 with $1,548 in property tax.
How does 226 Chestnut Ln's assessment compare to its last sale price?
The current assessment is 42.3% below the last sale price of $440,000.
When was 226 Chestnut Ln built?
226 Chestnut Ln was built in 1983.
How does 226 Chestnut Ln compare to others on Chestnut Ln?
We track 2 other properties on Chestnut Ln. Browse the list under "Other properties on Chestnut Ln" to compare beds, baths, and sale history.
What are the property facts for 226 Chestnut Ln?
226 Chestnut Ln is a 3 bed, 3 bath, 1,848 sqft, 869,501 sqft lot single_family.
Is 226 Chestnut Ln a flip candidate?
No — 226 Chestnut Ln does not appear in our flips dataset.
Is 226 Chestnut Ln a tax-appeal candidate?
No — 226 Chestnut Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$251K
2026 Q4
$242.7K
ZIP 24521 — Median Price History + Forecast
Explore nearby
Geography
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