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254 Lake Dr

Farmville, VA 23901

3 bd 1 ba 960 sqft Built 1971 Lot 43,560 sqft single_family
Most recent sale
$205,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $205,000 MLS #2205680
Mar 8, 2022 Listed $205,000 MLS #48411
Jul 13, 2020 Sold $95,000 MLS #2013744
May 7, 2020 Listed $110,000 MLS #45743
Feb 25, 2020 Listed $129,000 MLS #45408
Apr 5, 2013 Listing removed $94,900 Farmville
Feb 5, 2013 Price changed $94,900 MLS #31718
Aug 5, 2012 Listed $99,900 MLS #31718

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $113,500 $34,000 $147,500 $590
2023 $84,600 $27,000 $111,600 $580
2021 $84,600 $27,000 $111,600 $535
2020 $71,900 $25,000 $96,900 $494
2019 $71,900 $25,000 $96,900 $494
2018 $71,900 $25,000 $96,900 $494
2017 $71,900 $25,000 $96,900 $494
2016 $71,900 $25,000 $96,900 $494
2015 $71,900 $25,000 $96,900 $475
2014 $84,400 $15,000 $99,400 $467
2013 $84,400 $15,000 $99,400 $417
2010 $84,400 $15,000 $99,400 $417
2008 $59,300 $8,000 $67,300 $384

Property facts

Year built
1971
Property type
single_family
Stories
Beds
3
Baths
1
Living area
960 sqft
Lot size
43,560 sqft
ZIP code
23901
City
Farmville
Street
Lake Dr
Coordinates
37.27656, -78.42980

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
8.43%
Implied cap rate
5.48%
Trend-extrapolated value

Frequently asked questions

When did 254 Lake Dr last sell?
254 Lake Dr most recently sold on Apr 25, 2022 for $205,000.
What is the current tax assessment for 254 Lake Dr?
The most recent total assessment for 254 Lake Dr (year 2025) is $147,500 with $590 in property tax.
How does 254 Lake Dr's assessment compare to its last sale price?
The current assessment is 28.0% below the last sale price of $205,000.
When was 254 Lake Dr built?
254 Lake Dr was built in 1971.
How does 254 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 254 Lake Dr?
254 Lake Dr is a 3 bed, 1 bath, 960 sqft, 43,560 sqft lot single_family.
Is 254 Lake Dr a flip candidate?
Yes — 254 Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 254 Lake Dr a tax-appeal candidate?
No — 254 Lake Dr 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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