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278 Point Rd

Elkton, VA 22827

3 bd 2 ba 1,789 sqft Built 1958 Lot 47,045 sqft single_family
Most recent sale
$300,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $300,000 Harrisonburg
Mar 16, 2024 Listed $260,000 Harrisonburg

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,900 $42,000 $260,900 $1,774
2023 $218,900 $42,000 $260,900 $1,774
2022 $218,900 $42,000 $260,900 $1,774
2021 $140,100 $42,000 $182,100 $1,347
2020 $140,100 $42,000 $182,100 $1,347
2019 $140,100 $42,000 $182,100 $1,347
2018 $140,100 $42,000 $182,100 $1,347
2017 $137,300 $42,000 $179,300 $1,326
2016 $137,300 $42,000 $179,300 $1,255
2015 $137,300 $42,000 $179,300 $1,201
2014 $137,300 $42,000 $179,300 $1,147
2013 $140,900 $40,000 $180,900 $1,157
2011 $140,900 $40,000 $180,900 $1,085
2010 $140,900 $40,000 $180,900 $1,085

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,789 sqft
Lot size
47,045 sqft
ZIP code
22827
City
Elkton
Street
Point Rd
Coordinates
38.39201, -78.69817

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,684
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 278 Point Rd last sell?
278 Point Rd most recently sold on Apr 19, 2024 for $300,000.
What is the current tax assessment for 278 Point Rd?
The most recent total assessment for 278 Point Rd (year 2025) is $260,900 with $1,774 in property tax.
How does 278 Point Rd's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $300,000.
When was 278 Point Rd built?
278 Point Rd was built in 1958.
How does 278 Point Rd compare to others on Point Rd?
We track 8 other properties on Point Rd. Browse the list under "Other properties on Point Rd" to compare beds, baths, and sale history.
What are the property facts for 278 Point Rd?
278 Point Rd is a 3 bed, 2 bath, 1,789 sqft, 47,045 sqft lot single_family.
Is 278 Point Rd a flip candidate?
No — 278 Point Rd does not appear in our flips dataset.
Is 278 Point Rd a tax-appeal candidate?
No — 278 Point 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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