Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 28M+ properties All 50 states Methodology

318 Washington Ave

Elkton, VA 22827

2 bd 1 ba 725 sqft Built 1952 Lot 6,098 sqft single_family
Most recent sale
$155,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 9, 2024 Sold $185,000 Harrisonburg
May 13, 2024 Listed $199,900 Harrisonburg
Aug 22, 2022 Sold $155,000 MLS #628634
Apr 21, 2022 Listed $179,900 MLS #VARO2000412
Apr 6, 2022 Listed $179,900 MLS #628634

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $63,000 $11,000 $74,000 $503
2023 $63,000 $11,000 $74,000 $503
2022 $63,000 $11,000 $74,000 $503
2021 $44,000 $11,000 $55,000 $203
2020 $44,000 $11,000 $55,000 $101
2019 $44,000 $11,000 $55,000 $101
2015 $40,200 $11,000 $51,200 $68
2014 $40,200 $11,000 $51,200 $65
2013 $41,400 $11,000 $52,400 $67
2011 $41,400 $11,000 $52,400 $62

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
725 sqft
Lot size
6,098 sqft
ZIP code
22827
City
Elkton
Street
Washington Ave
Coordinates
38.40340, -78.62360

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,088
Gross rental yield
8.42%
Implied cap rate
5.48%
Trend-extrapolated value

Frequently asked questions

When did 318 Washington Ave last sell?
318 Washington Ave most recently sold on Aug 22, 2022 for $155,000.
What is the current tax assessment for 318 Washington Ave?
The most recent total assessment for 318 Washington Ave (year 2025) is $74,000 with $503 in property tax.
How does 318 Washington Ave's assessment compare to its last sale price?
The current assessment is 52.3% below the last sale price of $155,000.
When was 318 Washington Ave built?
318 Washington Ave was built in 1952.
How does 318 Washington Ave compare to others on Washington Ave?
We track 8 other properties on Washington Ave. Browse the list under "Other properties on Washington Ave" to compare beds, baths, and sale history.
What are the property facts for 318 Washington Ave?
318 Washington Ave is a 2 bed, 1 bath, 725 sqft, 6,098 sqft lot single_family.
Is 318 Washington Ave a flip candidate?
No — 318 Washington Ave does not appear in our flips dataset.
Is 318 Washington Ave a tax-appeal candidate?
No — 318 Washington Ave 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

Explore nearby