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241 Hanger Rd

Amherst, VA 24521

5 bd 3 ba 3,600 sqft Built 1901 Lot 301,479 sqft single_family
Most recent sale
$439,900
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $439,900 Lynchburg
Aug 19, 2022 Sold $439,900 Public Record
Jul 4, 2022 Price changed $439,900 MLS #337691
Apr 18, 2022 Listed $449,900 MLS #337691
May 8, 2003 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $309,800 $37,600 $347,400 $2,119
2023 $309,800 $37,600 $347,400 $2,119
2022 $199,800 $57,100 $256,900 $1,567
2021 $199,800 $57,100 $256,900 $1,567
2020 $199,800 $57,100 $256,900 $1,567
2019 $176,000 $63,100 $239,100 $1,458
2018 $176,000 $63,100 $239,100 $1,458
2017 $176,000 $63,100 $239,100 $1,458
2016 $176,000 $63,100 $239,100 $1,458
2015 $176,000 $63,100 $239,100 $1,338
2014 $176,000 $63,100 $239,100 $1,338
2013 $234,600 $63,100 $297,700 $1,607

Property facts

Year built
1901
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,600 sqft
Lot size
301,479 sqft
ZIP code
24521
City
Amherst
Street
Hanger Rd
Coordinates
37.59142, -79.05347

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,639
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 241 Hanger Rd last sell?
241 Hanger Rd most recently sold on Aug 19, 2022 for $439,900.
What is the current tax assessment for 241 Hanger Rd?
The most recent total assessment for 241 Hanger Rd (year 2025) is $347,400 with $2,119 in property tax.
How does 241 Hanger Rd's assessment compare to its last sale price?
The current assessment is 21.0% below the last sale price of $439,900.
When was 241 Hanger Rd built?
241 Hanger Rd was built in 1901.
How does 241 Hanger Rd compare to others on Hanger Rd?
We track 5 other properties on Hanger Rd. Browse the list under "Other properties on Hanger Rd" to compare beds, baths, and sale history.
What are the property facts for 241 Hanger Rd?
241 Hanger Rd is a 5 bed, 3 bath, 3,600 sqft, 301,479 sqft lot single_family.
Is 241 Hanger Rd a flip candidate?
No — 241 Hanger Rd does not appear in our flips dataset.
Is 241 Hanger Rd a tax-appeal candidate?
No — 241 Hanger 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
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$251K
2026 Q4
$242.7K
ZIP 24521 — Median Price History + Forecast

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