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1040 Newtown Rd

Elkton, VA 22827

2 bd 1 ba 1,014 sqft Built 1974 Lot 16,117 sqft single_family
Most recent sale
$190,000
Feb 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 16, 2023 Listing removed Charlottesville
Feb 15, 2023 Sold $190,000 Charlottesville
Jan 7, 2023 Price changed $192,500 Charlottesville
Nov 9, 2022 Price changed $195,000 Charlottesville
Oct 17, 2022 Price changed $199,000 Charlottesville
Oct 6, 2022 Listed $205,000 Charlottesville
Nov 16, 2000 Sold $68,000 Public Record
Aug 29, 2000 Sold $47,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $110,700 $30,000 $140,700 $956
2023 $107,000 $30,000 $137,000 $931
2022 $107,000 $30,000 $137,000 $931
2021 $63,700 $30,000 $93,700 $693
2015 $61,800 $30,000 $91,800 $1,971
2014 $61,800 $30,000 $91,800 $1,883
2013 $63,200 $22,000 $85,200

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,014 sqft
Lot size
16,117 sqft
ZIP code
22827
City
Elkton
Street
Newtown Rd
Coordinates
38.41362, -78.60211

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,521
Gross rental yield
9.61%
Implied cap rate
6.24%
Trend-extrapolated value

Frequently asked questions

When did 1040 Newtown Rd last sell?
1040 Newtown Rd most recently sold on Feb 15, 2023 for $190,000.
What is the current tax assessment for 1040 Newtown Rd?
The most recent total assessment for 1040 Newtown Rd (year 2025) is $140,700 with $956 in property tax.
How does 1040 Newtown Rd's assessment compare to its last sale price?
The current assessment is 25.9% below the last sale price of $190,000.
When was 1040 Newtown Rd built?
1040 Newtown Rd was built in 1974.
How does 1040 Newtown Rd compare to others on Newtown Rd?
We track 8 other properties on Newtown Rd. Browse the list under "Other properties on Newtown Rd" to compare beds, baths, and sale history.
What are the property facts for 1040 Newtown Rd?
1040 Newtown Rd is a 2 bed, 1 bath, 1,014 sqft, 16,117 sqft lot single_family.
Is 1040 Newtown Rd a flip candidate?
No — 1040 Newtown Rd does not appear in our flips dataset.
Is 1040 Newtown Rd a tax-appeal candidate?
No — 1040 Newtown Rd 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
+7.5%
Implied 1-yr
+30.1%
2026 Q3
$541.9K
2026 Q4
$569.3K
ZIP 22827 — Median Price History + Forecast

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