8259 Kings Hwy
Drakes Branch, VA 23937
3 bd 3 ba 3,660 sqft Built 1859 Lot 2,874,960 sqft single_family
Most recent sale
$765,000
Dec 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 20, 2024 | Sold | $951,000 | Lynchburg |
| Dec 26, 2023 | Relisted | $1,100,000 | Farmville |
| Nov 20, 2023 | Relisted | $1,100,000 | Lynchburg |
| Nov 15, 2023 | Listing removed | — | Lynchburg |
| Nov 2, 2023 | Price changed | $1,100,000 | Charlottesville |
| Oct 30, 2023 | Price changed | $1,100,000 | Lynchburg |
| Aug 28, 2023 | Listed | $1,125,000 | Lynchburg |
| Aug 21, 2023 | Listed | $1,125,000 | Charlottesville |
| Aug 18, 2023 | Listed | $1,125,000 | Farmville |
| Dec 15, 2021 | Sold | $765,000 | MLS #884250 |
| Nov 4, 2021 | Listing removed | — | DanvilleVA |
| Nov 2, 2021 | Listing removed | — | Rockbridge |
| Oct 1, 2021 | Listed | $795,000 | MLS #884250 |
| Dec 5, 2020 | Listing removed | — | Farmville |
| Dec 4, 2020 | Sold | $730,000 | Public Record |
| Sep 11, 2020 | Listed | $750,000 | MLS #46258 |
| May 17, 2019 | Sold | $625,000 | Public Record |
| Oct 1, 2018 | Listing removed | $773,000 | CVRMLS |
| Nov 1, 2017 | Listed | $773,000 | MLS #1736279 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $458,081 | $128,815 | $586,896 | $2,406 |
| 2024 | $458,081 | $128,815 | $586,896 | $2,574 |
| 2023 | $325,356 | $89,933 | $415,289 | $2,574 |
| 2022 | $325,356 | $89,933 | $415,289 | $2,446 |
| 2021 | $325,356 | $89,933 | $415,289 | $2,575 |
| 2020 | $325,356 | $89,933 | $415,289 | $2,575 |
| 2019 | $325,356 | $89,933 | $415,289 | $2,575 |
| 2018 | $312,314 | $116,992 | $429,306 | $2,275 |
| 2017 | $312,314 | $116,992 | $429,306 | $2,275 |
| 2016 | $312,314 | $116,992 | $429,306 | $2,275 |
| 2015 | $312,314 | $116,992 | $429,306 | $2,275 |
| 2014 | $312,314 | $116,992 | $429,306 | $2,061 |
| 2012 | $417,000 | $88,200 | $505,200 | $2,122 |
| 2011 | $417,000 | $88,200 | $505,200 | $2,122 |
| 2009 | $310,900 | $88,200 | $399,100 | $1,676 |
| 2008 | $310,300 | $88,200 | $398,500 | $1,674 |
| 2007 | $310,300 | $88,200 | $398,500 | $1,674 |
| 2004 | $123,000 | $49,800 | $172,800 | $1,071 |
Property facts
Year built
1859
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,660 sqft
Lot size
2,874,960 sqft
ZIP code
23937
City
Drakes Branch
Street
Kings Hwy
Coordinates
36.97632, -78.48771
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,490
Gross rental yield
8.61%
Implied cap rate
5.60%
Trend-extrapolated value
—
Frequently asked questions
When did 8259 Kings Hwy last sell?
8259 Kings Hwy most recently sold on Dec 15, 2021 for $765,000.
What is the current tax assessment for 8259 Kings Hwy?
The most recent total assessment for 8259 Kings Hwy (year 2025) is $586,896 with $2,406 in property tax.
How does 8259 Kings Hwy's assessment compare to its last sale price?
The current assessment is 23.3% below the last sale price of $765,000.
When was 8259 Kings Hwy built?
8259 Kings Hwy was built in 1859.
How does 8259 Kings Hwy compare to others on Kings Hwy?
We track 8 other properties on Kings Hwy. Browse the list under "Other properties on Kings Hwy" to compare beds, baths, and sale history.
What are the property facts for 8259 Kings Hwy?
8259 Kings Hwy is a 3 bed, 3 bath, 3,660 sqft, 2,874,960 sqft lot single_family.
Is 8259 Kings Hwy a flip candidate?
No — 8259 Kings Hwy does not appear in our flips dataset.
Is 8259 Kings Hwy a tax-appeal candidate?
No — 8259 Kings Hwy is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.6%
2026 Q1
$236.5K
2026 Q2
$232.8K
ZIP 23937 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Kings Hwy