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540 Schaeffer Dr

Christiansburg, VA 24073

3 bd 2 ba 1,227 sqft Built 2007 Lot 10,019 sqft single_family
Most recent sale
$265,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $265,000 MLS #414820
Apr 11, 2022 Listed $260,000 MLS #414820
Jul 24, 2018 Listed for rent $1,100 NewRiver
Apr 1, 2008 Sold $162,000 Public Record
Jan 1, 2008 Sold $163,000 Public Record
Feb 10, 2005 Sold $40,000 Public Record
Jan 6, 2005 Sold $25,000 Public Record
Jan 1, 2005 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $169,900 $30,100 $200,000 $1,520
2023 $169,900 $30,100 $200,000 $1,400
2022 $137,700 $30,100 $167,800 $1,493
2021 $137,700 $30,100 $167,800 $1,493
2020 $137,700 $30,100 $167,800 $1,493
2019 $137,700 $30,100 $167,800 $1,493
2016 $121,600 $30,100 $151,700 $1,350
2015 $121,600 $30,100 $151,700 $1,350
2014 $124,100 $30,100 $154,200 $1,372

Property facts

Year built
2007
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,227 sqft
Lot size
10,019 sqft
ZIP code
24073
City
Christiansburg
Street
Schaeffer Dr
Coordinates
37.14044, -80.40592

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,841
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 540 Schaeffer Dr last sell?
540 Schaeffer Dr most recently sold on May 23, 2022 for $265,000.
What is the current tax assessment for 540 Schaeffer Dr?
The most recent total assessment for 540 Schaeffer Dr (year 2025) is $200,000 with $1,520 in property tax.
How does 540 Schaeffer Dr's assessment compare to its last sale price?
The current assessment is 24.5% below the last sale price of $265,000.
When was 540 Schaeffer Dr built?
540 Schaeffer Dr was built in 2007.
How does 540 Schaeffer Dr compare to others on Schaeffer Dr?
We track 5 other properties on Schaeffer Dr. Browse the list under "Other properties on Schaeffer Dr" to compare beds, baths, and sale history.
What are the property facts for 540 Schaeffer Dr?
540 Schaeffer Dr is a 3 bed, 2 bath, 1,227 sqft, 10,019 sqft lot single_family.
Is 540 Schaeffer Dr a flip candidate?
No — 540 Schaeffer Dr does not appear in our flips dataset.
Is 540 Schaeffer Dr a tax-appeal candidate?
No — 540 Schaeffer Dr 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
+0.7%
Implied 1-yr
+2.8%
2026 Q3
$381.8K
2026 Q4
$384.4K
ZIP 24073 — Median Price History + Forecast

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