588 Patrick Henry Hwy
Amherst, VA 24521
3 bd 2 ba 1,168 sqft Built 1969 Lot 17,860 sqft single_family
Most recent sale
$205,000
Sep 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 26, 2022 | Sold | $205,000 | Public Record |
| Aug 22, 2022 | Listed | $189,900 | MLS #340108 |
| Apr 5, 2021 | Sold | $157,000 | Public Record |
| Jan 28, 2021 | Listed | $169,900 | MLS #329406 |
| Jul 10, 2018 | Sold | $132,000 | Public Record |
| Jul 9, 2018 | Sold | $129,900 | Lynchburg |
| Jan 17, 2018 | Listing removed | $129,900 | Farmville |
| Jan 12, 2018 | Listed | $129,900 | MLS #41301 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $88,800 | $17,500 | $106,300 | $648 |
| 2023 | $88,800 | $17,500 | $106,300 | $648 |
| 2022 | $88,800 | $17,500 | $106,300 | $648 |
| 2021 | $88,800 | $17,500 | $106,300 | $648 |
| 2020 | $88,800 | $17,500 | $106,300 | $648 |
| 2019 | $81,900 | $23,500 | $105,400 | $643 |
| 2018 | $81,900 | $23,500 | $105,400 | $643 |
| 2017 | $64,500 | $23,500 | $88,000 | $537 |
| 2016 | $64,500 | $23,500 | $88,000 | $537 |
| 2015 | $64,500 | $23,500 | $88,000 | $493 |
| 2014 | $64,500 | $23,500 | $88,000 | $493 |
| 2013 | $63,800 | $23,500 | $87,300 | $471 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,168 sqft
Lot size
17,860 sqft
ZIP code
24521
City
Amherst
Street
Patrick Henry Hwy
Coordinates
37.63732, -79.02183
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,752
Gross rental yield
10.26%
Implied cap rate
6.67%
Trend-extrapolated value
—
Frequently asked questions
When did 588 Patrick Henry Hwy last sell?
588 Patrick Henry Hwy most recently sold on Sep 26, 2022 for $205,000.
What is the current tax assessment for 588 Patrick Henry Hwy?
The most recent total assessment for 588 Patrick Henry Hwy (year 2025) is $106,300 with $648 in property tax.
How does 588 Patrick Henry Hwy's assessment compare to its last sale price?
The current assessment is 48.1% below the last sale price of $205,000.
When was 588 Patrick Henry Hwy built?
588 Patrick Henry Hwy was built in 1969.
How does 588 Patrick Henry Hwy compare to others on Patrick Henry Hwy?
We track 8 other properties on Patrick Henry Hwy. Browse the list under "Other properties on Patrick Henry Hwy" to compare beds, baths, and sale history.
What are the property facts for 588 Patrick Henry Hwy?
588 Patrick Henry Hwy is a 3 bed, 2 bath, 1,168 sqft, 17,860 sqft lot single_family.
Is 588 Patrick Henry Hwy a flip candidate?
Yes — 588 Patrick Henry Hwy appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 588 Patrick Henry Hwy a tax-appeal candidate?
No — 588 Patrick Henry Hwy 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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