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868 Cherokee Ln

Chilhowie, VA 24319

3 bd 3 ba 3,339 sqft Built 1989 Lot 323,215 sqft single_family
Most recent sale
$425,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 21, 2022 Sold $425,000 Public Record
Apr 21, 2022 Listed $499,900 MLS #9936690

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $437,500 $52,900 $490,400 $2,893
2024 $437,500 $52,900 $490,400 $2,893
2023 $309,100 $48,900 $358,000 $2,473
2022 $309,100 $48,900 $358,000 $2,473
2021 $309,100 $48,900 $358,000 $2,473
2020 $309,100 $48,900 $358,000 $2,473
2019 $298,900 $48,900 $347,800 $2,397
2018 $298,900 $48,900 $347,800 $2,397
2017 $298,900 $48,900 $347,800 $2,397
2016 $298,900 $48,900 $347,800 $2,397
2015 $298,900 $48,900 $347,800 $2,397
2014 $298,900 $48,900 $347,800 $2,397
2013 $298,900 $48,900 $347,800 $2,397
2012 $303,500 $48,900 $352,400 $2,431
2010 $303,500 $48,900 $352,400 $2,267

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,339 sqft
Lot size
323,215 sqft
ZIP code
24319
City
Chilhowie
Street
Cherokee Ln
Coordinates
36.77805, -81.62556

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,009
Gross rental yield
14.14%
Implied cap rate
9.19%
Trend-extrapolated value

Frequently asked questions

When did 868 Cherokee Ln last sell?
868 Cherokee Ln most recently sold on Jul 21, 2022 for $425,000.
What is the current tax assessment for 868 Cherokee Ln?
The most recent total assessment for 868 Cherokee Ln (year 2025) is $490,400 with $2,893 in property tax.
How does 868 Cherokee Ln's assessment compare to its last sale price?
The current assessment is 15.4% above the last sale price of $425,000.
When was 868 Cherokee Ln built?
868 Cherokee Ln was built in 1989.
How does 868 Cherokee Ln compare to others on Cherokee Ln?
We track 8 other properties on Cherokee Ln. Browse the list under "Other properties on Cherokee Ln" to compare beds, baths, and sale history.
What are the property facts for 868 Cherokee Ln?
868 Cherokee Ln is a 3 bed, 3 bath, 3,339 sqft, 323,215 sqft lot single_family.
Is 868 Cherokee Ln a flip candidate?
No — 868 Cherokee Ln does not appear in our flips dataset.
Is 868 Cherokee Ln a tax-appeal candidate?
Yes — 868 Cherokee 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 valuation
Quarterly trend
-3.2%
Implied 1-yr
-12.6%
2026 Q3
$123.3K
2026 Q4
$118.4K
ZIP 24319 — Median Price History + Forecast

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