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507 2nd St

Farmville, VA 23901

3 bd 1 ba 1,189 sqft Built 1957 Lot 11,270 sqft single_family
Most recent sale
$215,000
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 10, 2025 Sold $255,000 Public Record
Apr 13, 2022 Sold $215,000 MLS #2205417
Mar 8, 2022 Listed $187,500 MLS #2205417
Jul 27, 2015 Sold $118,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,900 $27,000 $189,900 $759
2023 $111,700 $20,000 $131,700 $684
2021 $111,700 $20,000 $131,700 $632
2020 $85,800 $20,000 $105,800 $540
2019 $85,800 $20,000 $105,800 $540
2018 $85,800 $20,000 $105,800 $540
2017 $85,800 $20,000 $105,800 $540
2016 $85,800 $20,000 $105,800 $540
2015 $85,800 $20,000 $105,800 $518
2014 $108,100 $20,900 $129,000 $606
2013 $108,100 $20,900 $129,000 $542
2010 $108,100 $20,900 $129,000 $542
2008 $58,900 $9,100 $68,000 $388

Property facts

Year built
1957
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,189 sqft
Lot size
11,270 sqft
ZIP code
23901
City
Farmville
Street
2nd St
Coordinates
37.30077, -78.38512

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
$1,784
Gross rental yield
9.96%
Implied cap rate
6.47%
Trend-extrapolated value

Frequently asked questions

When did 507 2nd St last sell?
507 2nd St most recently sold on Apr 13, 2022 for $215,000.
What is the current tax assessment for 507 2nd St?
The most recent total assessment for 507 2nd St (year 2025) is $189,900 with $759 in property tax.
How does 507 2nd St's assessment compare to its last sale price?
The current assessment is 11.7% below the last sale price of $215,000.
When was 507 2nd St built?
507 2nd St was built in 1957.
How does 507 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 507 2nd St?
507 2nd St is a 3 bed, 1 bath, 1,189 sqft, 11,270 sqft lot single_family.
Is 507 2nd St a flip candidate?
No — 507 2nd St does not appear in our flips dataset.
Is 507 2nd St a tax-appeal candidate?
No — 507 2nd St 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
-1.0%
Implied 1-yr
-3.8%
2026 Q3
$291.1K
2026 Q4
$288.1K
ZIP 23901 — Median Price History + Forecast

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