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487 London Ln

Amherst, VA 24521

4 bd 3 ba 3,454 sqft Built 2003 Lot 67,170 sqft single_family
Most recent sale
$430,000
Mar 1, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2024 Sold $430,000 Lynchburg
Oct 12, 2023 Listed $474,500 Lynchburg
Aug 29, 2023 Listing removed Lynchburg
Aug 12, 2023 Listing removed Charlottesville
Jun 28, 2023 Price changed $549,000 Lynchburg
Jun 5, 2023 Price changed $575,000 Charlottesville
Jun 3, 2023 Price changed $575,000 Lynchburg
May 3, 2023 Listed $595,000 Charlottesville
May 1, 2023 Listed $595,000 Lynchburg
Dec 20, 2021 Sold $440,000 MLS #602920
May 8, 2020 Listing removed BrightMLS
Apr 23, 2020 Listed $430,000 MLS #602920
Apr 21, 2020 Listed $430,000 MLS #VAAH100182
Jan 9, 2020 Price changed $430,000 MLS #320906
Sep 11, 2019 Listed $450,000 MLS #320906
Aug 8, 2018 Listing removed $429,900 Lynchburg
Jun 17, 2018 Price changed $429,900 MLS #311261
Apr 18, 2018 Listed $489,900 MLS #311261
Apr 11, 2018 Listing removed $539,900 Lynchburg
Mar 8, 2018 Listed $539,900 MLS #310375
Jan 1, 2018 Listing removed $539,900 Lynchburg
Aug 30, 2017 Price changed $539,900 MLS #304086
Mar 22, 2017 Listed $559,900 MLS #304086
Aug 11, 2006 Sold $590,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $349,200 $62,700 $411,900 $2,512
2023 $349,200 $62,700 $411,900 $2,512
2022 $349,200 $62,700 $411,900 $2,512
2021 $349,200 $62,700 $411,900 $2,513
2020 $349,200 $62,700 $411,900 $2,512
2019 $328,200 $98,700 $426,900 $2,604
2018 $328,200 $98,700 $426,900 $2,604
2017 $328,200 $98,700 $426,900 $2,604
2016 $328,200 $98,700 $426,900 $2,604
2015 $328,200 $98,700 $426,900 $2,390
2014 $328,200 $98,700 $426,900 $2,390
2013 $410,100 $136,400 $546,500 $2,951

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,454 sqft
Lot size
67,170 sqft
ZIP code
24521
City
Amherst
Street
London Ln
Coordinates
37.55343, -79.04761

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,580
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 487 London Ln last sell?
487 London Ln most recently sold on Mar 1, 2024 for $430,000.
What is the current tax assessment for 487 London Ln?
The most recent total assessment for 487 London Ln (year 2025) is $411,900 with $2,512 in property tax.
How does 487 London Ln's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $430,000.
When was 487 London Ln built?
487 London Ln was built in 2003.
How does 487 London Ln compare to others on London Ln?
We track 8 other properties on London Ln. Browse the list under "Other properties on London Ln" to compare beds, baths, and sale history.
What are the property facts for 487 London Ln?
487 London Ln is a 4 bed, 3 bath, 3,454 sqft, 67,170 sqft lot single_family.
Is 487 London Ln a flip candidate?
No — 487 London Ln does not appear in our flips dataset.
Is 487 London Ln a tax-appeal candidate?
No — 487 London Ln 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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