1056 Towne Ln
Charlottesville, VA 22901
3 bd 3 ba 1,536 sqft Built 1996 Lot 2,614 sqft townhomes
Most recent sale
$278,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2022 | Sold | $278,000 | MLS #629090 |
| Jun 22, 2006 | Sold | $227,900 | MLS #422223 |
| Mar 1, 2006 | Listed | $229,900 | MLS #422223 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $236,500 | $98,000 | $334,500 | $2,758 |
| 2024 | $218,600 | $90,000 | $308,600 | $2,486 |
| 2023 | $205,800 | $80,000 | $285,800 | $2,440 |
| 2022 | $171,000 | $77,500 | $248,500 | $2,122 |
| 2021 | $150,400 | $75,000 | $225,400 | $1,925 |
| 2020 | $139,100 | $72,500 | $211,600 | $1,807 |
| 2019 | $127,200 | $65,000 | $192,200 | $1,641 |
| 2018 | $137,500 | $60,000 | $197,500 | $1,657 |
| 2017 | $144,000 | $50,000 | $194,000 | $1,628 |
| 2016 | $124,200 | $50,000 | $174,200 | $1,462 |
| 2015 | $115,000 | $50,000 | $165,000 | $1,351 |
| 2014 | $113,600 | $50,000 | $163,600 | $1,307 |
| 2013 | $120,500 | $50,000 | $170,500 | $1,306 |
| 2012 | $121,900 | $50,000 | $171,900 | $1,310 |
| 2011 | $123,300 | $50,000 | $173,300 | $1,286 |
| 2010 | $124,700 | $50,000 | $174,700 | $1,296 |
Property facts
Year built
1996
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,536 sqft
Lot size
2,614 sqft
ZIP code
22901
City
Charlottesville
Street
Towne Ln
Coordinates
38.05502, -78.46368
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
$2,304
Gross rental yield
9.95%
Implied cap rate
6.46%
Trend-extrapolated value
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Frequently asked questions
When did 1056 Towne Ln last sell?
1056 Towne Ln most recently sold on Apr 15, 2022 for $278,000.
What is the current tax assessment for 1056 Towne Ln?
The most recent total assessment for 1056 Towne Ln (year 2025) is $334,500 with $2,758 in property tax.
How does 1056 Towne Ln's assessment compare to its last sale price?
The current assessment is 20.3% above the last sale price of $278,000.
When was 1056 Towne Ln built?
1056 Towne Ln was built in 1996.
How does 1056 Towne Ln compare to others on Towne Ln?
We track 8 other properties on Towne Ln. Browse the list under "Other properties on Towne Ln" to compare beds, baths, and sale history.
What are the property facts for 1056 Towne Ln?
1056 Towne Ln is a 3 bed, 3 bath, 1,536 sqft, 2,614 sqft lot townhomes.
Is 1056 Towne Ln a flip candidate?
No — 1056 Towne Ln does not appear in our flips dataset.
Is 1056 Towne Ln a tax-appeal candidate?
Yes — 1056 Towne Ln 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
-7.6%
Implied 1-yr
-30.4%
2026 Q3
$430.4K
2026 Q4
$365.9K
ZIP 22901 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Towne Ln