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4950 Long Shop Rd

Blacksburg, VA 24060

5 bd 3 ba 3,000 sqft Built 1978 Lot 227,949 sqft single_family
Most recent sale
$445,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $445,000 Public Record
Jul 13, 2022 Listed $435,000 MLS #415817
Jun 26, 2017 Sold $339,500 MLS #328492
May 12, 2017 Listed $339,500 MLS #328492

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $338,900 $65,300 $404,200 $3,071
2023 $338,900 $65,300 $404,200 $2,829
2022 $261,800 $54,400 $316,200 $2,814
2021 $261,800 $54,400 $316,200 $2,814
2020 $261,800 $54,400 $316,200 $2,814
2019 $261,800 $54,400 $316,200 $2,814
2016 $178,900 $57,000 $235,900 $2,100
2015 $178,900 $57,000 $235,900 $2,100
2014 $183,200 $61,300 $244,500 $2,176

Property facts

Year built
1978
Property type
single_family
Stories
Beds
5
Baths
3
Living area
3,000 sqft
Lot size
227,949 sqft
ZIP code
24060
City
Blacksburg
Street
Long Shop Rd
Coordinates
37.21214, -80.54461

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,500
Gross rental yield
12.13%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 4950 Long Shop Rd last sell?
4950 Long Shop Rd most recently sold on Sep 2, 2022 for $445,000.
What is the current tax assessment for 4950 Long Shop Rd?
The most recent total assessment for 4950 Long Shop Rd (year 2025) is $404,200 with $3,071 in property tax.
How does 4950 Long Shop Rd's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $445,000.
When was 4950 Long Shop Rd built?
4950 Long Shop Rd was built in 1978.
How does 4950 Long Shop Rd compare to others on Long Shop Rd?
We track 7 other properties on Long Shop Rd. Browse the list under "Other properties on Long Shop Rd" to compare beds, baths, and sale history.
What are the property facts for 4950 Long Shop Rd?
4950 Long Shop Rd is a 5 bed, 3 bath, 3,000 sqft, 227,949 sqft lot single_family.
Is 4950 Long Shop Rd a flip candidate?
No — 4950 Long Shop Rd does not appear in our flips dataset.
Is 4950 Long Shop Rd a tax-appeal candidate?
No — 4950 Long Shop 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
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$540.2K
2026 Q4
$542.2K
ZIP 24060 — Median Price History + Forecast

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