240 Main St
Amherst, VA 24521
4 bd 1 ba 1,668 sqft Built 1919 Lot 34,848 sqft single_family
Most recent sale
$70,000
Jan 30, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 30, 2024 | Sold | $70,000 | Lynchburg |
| Oct 10, 2023 | Price changed | $109,000 | Lynchburg |
| Jul 24, 2023 | Listed | $120,000 | Lynchburg |
| Jan 4, 2022 | Listing removed | — | Lynchburg |
| Mar 17, 2021 | Price changed | $144,000 | Lynchburg |
| Oct 27, 2020 | Price changed | $160,000 | Lynchburg |
| Mar 13, 2020 | Listed | $173,600 | Lynchburg |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $23,600 | $150,000 | $173,600 | $1,058 |
| 2023 | $23,600 | $150,000 | $173,600 | $1,058 |
| 2022 | $23,600 | $150,000 | $173,600 | $1,058 |
| 2021 | $23,600 | $150,000 | $173,600 | $1,058 |
| 2020 | $23,600 | $150,000 | $173,600 | $1,058 |
| 2019 | $21,200 | $150,000 | $171,200 | $1,044 |
| 2018 | $21,200 | $150,000 | $171,200 | $1,044 |
| 2017 | $21,200 | $150,000 | $171,200 | $1,044 |
| 2016 | $21,200 | $150,000 | $171,200 | $1,044 |
| 2015 | $21,200 | $150,000 | $171,200 | $958 |
| 2014 | $21,200 | $150,000 | $171,200 | $958 |
| 2013 | $35,700 | $110,000 | $145,700 | $786 |
Property facts
Year built
1919
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,668 sqft
Lot size
34,848 sqft
ZIP code
24521
City
Amherst
Street
Main St
Coordinates
37.58477, -79.05409
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Main St last sell?
240 Main St most recently sold on Jan 30, 2024 for $70,000.
What is the current tax assessment for 240 Main St?
The most recent total assessment for 240 Main St (year 2025) is $173,600 with $1,058 in property tax.
How does 240 Main St's assessment compare to its last sale price?
The current assessment is 148.0% above the last sale price of $70,000.
When was 240 Main St built?
240 Main St was built in 1919.
How does 240 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 240 Main St?
240 Main St is a 4 bed, 1 bath, 1,668 sqft, 34,848 sqft lot single_family.
Is 240 Main St a flip candidate?
No — 240 Main St does not appear in our flips dataset.
Is 240 Main St a tax-appeal candidate?
Yes — 240 Main St 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
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$251K
2026 Q4
$242.7K
ZIP 24521 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St