1216 Village Way
Blacksburg, VA 24060
4 bd 3 ba 2,568 sqft Built 2001 Lot 9,017 sqft single_family
Most recent sale
$540,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $540,000 | MLS #416091 |
| Aug 12, 2022 | Listed | $545,000 | MLS #416091 |
| Jun 25, 2009 | Listing removed | $379,900 | NewRiver |
| Jun 24, 2009 | Price changed | $379,900 | MLS #99387 |
| May 12, 2009 | Relisted | $399,900 | MLS #99387 |
| Feb 22, 2009 | Listing removed | $399,900 | NewRiver |
| Jan 1, 2009 | Sold | $372,000 | Public Record |
| Sep 5, 2008 | Listed | $399,900 | MLS #99387 |
| Feb 1, 2004 | Sold | $339,000 | Public Record |
| Jan 30, 2004 | Sold | $339,000 | Public Record |
| Jan 9, 2001 | Sold | $225,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $427,100 | $95,000 | $522,100 | $3,967 |
| 2023 | $427,100 | $95,000 | $522,100 | $3,654 |
| 2022 | $311,900 | $70,000 | $381,900 | $3,398 |
| 2021 | $311,900 | $70,000 | $381,900 | $3,399 |
| 2020 | $311,900 | $70,000 | $381,900 | $3,399 |
| 2019 | $311,900 | $70,000 | $381,900 | $3,399 |
| 2016 | $295,200 | $70,000 | $365,200 | $3,250 |
| 2015 | $295,200 | $70,000 | $365,200 | $3,250 |
| 2014 | $288,500 | $80,500 | $369,000 | $3,284 |
Property facts
Year built
2001
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,568 sqft
Lot size
9,017 sqft
ZIP code
24060
City
Blacksburg
Street
Village Way
Coordinates
37.24199, -80.44030
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
$3,852
Gross rental yield
8.56%
Implied cap rate
5.56%
Trend-extrapolated value
—
Frequently asked questions
When did 1216 Village Way last sell?
1216 Village Way most recently sold on Sep 9, 2022 for $540,000.
What is the current tax assessment for 1216 Village Way?
The most recent total assessment for 1216 Village Way (year 2025) is $522,100 with $3,967 in property tax.
How does 1216 Village Way's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $540,000.
When was 1216 Village Way built?
1216 Village Way was built in 2001.
How does 1216 Village Way compare to others on Village Way?
We track 8 other properties on Village Way. Browse the list under "Other properties on Village Way" to compare beds, baths, and sale history.
What are the property facts for 1216 Village Way?
1216 Village Way is a 4 bed, 3 bath, 2,568 sqft, 9,017 sqft lot single_family.
Is 1216 Village Way a flip candidate?
No — 1216 Village Way does not appear in our flips dataset.
Is 1216 Village Way a tax-appeal candidate?
No — 1216 Village Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$540.2K
2026 Q4
$542.2K
ZIP 24060 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Village Way