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7231 Franklin Rd

Boones Mill, VA 24065

3 bd 2 ba 1,512 sqft Built 1984 Lot 40,075 sqft mobile
Most recent sale
$110,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $110,000 MLS #882813
Dec 21, 2021 Price changed $114,900 MLS #882813
Aug 11, 2021 Listed $119,900 MLS #882813

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,900 $50,000 $125,900 $1,296
2023 $63,200 $45,000 $108,200 $1,146
2022 $63,000 $38,000 $101,000 $1,100
2021 $53,800 $33,000 $86,800 $946
2020 $50,200 $33,000 $83,200 $907
2018 $46,900 $33,000 $79,900 $871
2017 $46,500 $33,000 $79,500 $867
2016 $45,800 $33,000 $78,800 $859
2015 $47,000 $33,000 $80,000 $872
2014 $43,900 $33,000 $76,900 $838
2013 $48,000 $33,000 $81,000 $883
2012 $49,800 $33,000 $82,800 $903
2011 $55,900 $33,000 $88,900 $969
2010 $55,900 $33,000 $88,900 $969
2009 $57,900 $33,000 $90,900 $991
2008 $56,500 $32,000 $88,500 $964
2007 $52,700 $26,600 $79,300 $864

Property facts

Year built
1984
Property type
mobile
Stories
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
40,075 sqft
ZIP code
24065
City
Boones Mill
Street
Franklin Rd
Coordinates
37.15941, -79.95217

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7231 Franklin Rd last sell?
7231 Franklin Rd most recently sold on Mar 30, 2022 for $110,000.
What is the current tax assessment for 7231 Franklin Rd?
The most recent total assessment for 7231 Franklin Rd (year 2025) is $125,900 with $1,296 in property tax.
How does 7231 Franklin Rd's assessment compare to its last sale price?
The current assessment is 14.5% above the last sale price of $110,000.
When was 7231 Franklin Rd built?
7231 Franklin Rd was built in 1984.
How does 7231 Franklin Rd compare to others on Franklin Rd?
We track 8 other properties on Franklin Rd. Browse the list under "Other properties on Franklin Rd" to compare beds, baths, and sale history.
What are the property facts for 7231 Franklin Rd?
7231 Franklin Rd is a 3 bed, 2 bath, 1,512 sqft, 40,075 sqft lot mobile.
Is 7231 Franklin Rd a flip candidate?
No — 7231 Franklin Rd does not appear in our flips dataset.
Is 7231 Franklin Rd a tax-appeal candidate?
No — 7231 Franklin 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
+6.4%
Implied 1-yr
+25.8%
2026 Q2
$374.5K
2026 Q3
$391.5K
ZIP 24065 — Median Price History + Forecast

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