516 Commercial Ave
Clifton Forge, VA 24422
3 bd 1 ba 1,292 sqft Built 1922 single_family
Most recent sale
$85,500
Mar 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 24, 2022 | Sold | $85,500 | MLS #886769 |
| Feb 5, 2022 | Listed | $89,900 | MLS #886769 |
| May 17, 1993 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $78,400 | $6,000 | $84,400 | $413 |
| 2023 | $20,700 | $3,000 | $23,700 | $173 |
| 2022 | $20,700 | $3,000 | $23,700 | $173 |
| 2021 | $20,700 | $3,000 | $23,700 | $173 |
| 2020 | $20,700 | $3,000 | $23,700 | $173 |
| 2019 | $20,700 | $3,000 | $23,700 | $173 |
| 2018 | $24,100 | $3,000 | $27,100 | $192 |
| 2017 | $24,100 | $3,000 | $27,100 | $192 |
| 2016 | $24,100 | $3,000 | $27,100 | $192 |
| 2015 | $24,100 | $3,000 | $27,100 | $187 |
| 2014 | $24,100 | $3,000 | $27,100 | $187 |
| 2013 | $24,100 | $3,000 | $27,100 | $182 |
Property facts
Year built
1922
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,292 sqft
Lot size
—
ZIP code
24422
City
Clifton Forge
Street
Commercial Ave
Coordinates
37.81863, -79.82539
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$513
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Commercial Ave last sell?
516 Commercial Ave most recently sold on Mar 24, 2022 for $85,500.
What is the current tax assessment for 516 Commercial Ave?
The most recent total assessment for 516 Commercial Ave (year 2025) is $84,400 with $413 in property tax.
How does 516 Commercial Ave's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $85,500.
When was 516 Commercial Ave built?
516 Commercial Ave was built in 1922.
How does 516 Commercial Ave compare to others on Commercial Ave?
We track 8 other properties on Commercial Ave. Browse the list under "Other properties on Commercial Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Commercial Ave?
516 Commercial Ave is a 3 bed, 1 bath, 1,292 sqft single_family.
Is 516 Commercial Ave a flip candidate?
No — 516 Commercial Ave does not appear in our flips dataset.
Is 516 Commercial Ave a tax-appeal candidate?
No — 516 Commercial Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.5%
2026 Q2
$133.7K
2026 Q3
$128.4K
ZIP 24422 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commercial Ave