120 Constitution Way
Forest, VA 24551
3 bd 2 ba 2,142 sqft Built 1986 Lot 26,136 sqft single_family
Most recent sale
$320,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 7, 2025 | Sold | $350,000 | Lynchburg |
| Jul 8, 2025 | Listed | $349,900 | Lynchburg |
| Jul 7, 2022 | Sold | $320,000 | Public Record |
| May 31, 2022 | Listed | $299,900 | MLS #338560 |
| Mar 1, 2019 | Sold | $188,000 | Public Record |
| Jan 8, 2019 | Listed | $196,900 | MLS #316133 |
| Mar 20, 2017 | Listing removed | $184,000 | Lynchburg |
| Mar 16, 2017 | Sold | $178,500 | Public Record |
| Feb 4, 2017 | Price changed | $184,000 | MLS #302243 |
| Nov 15, 2016 | Listed | $189,900 | MLS #302243 |
| Oct 24, 2010 | Listing removed | $189,900 | Lynchburg |
| Jun 3, 2010 | Listed | $189,900 | MLS #260291 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $221,500 | $55,000 | $276,500 | $1,133 |
| 2021 | $136,300 | $45,000 | $181,300 | $907 |
| 2020 | $136,300 | $45,000 | $181,300 | $907 |
| 2019 | $136,300 | $45,000 | $181,300 | $907 |
| 2016 | $130,100 | $40,000 | $170,100 | $885 |
| 2015 | $130,100 | $40,000 | $170,100 | $885 |
| 2014 | $125,200 | $34,000 | $159,200 | $828 |
| 2013 | $125,200 | $34,000 | $159,200 | $796 |
Property facts
Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,142 sqft
Lot size
26,136 sqft
ZIP code
24551
City
Forest
Street
Constitution Way
Coordinates
37.35765, -79.27497
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,213
Gross rental yield
12.05%
Implied cap rate
7.83%
Trend-extrapolated value
—
Frequently asked questions
When did 120 Constitution Way last sell?
120 Constitution Way most recently sold on Jul 7, 2022 for $320,000.
What is the current tax assessment for 120 Constitution Way?
The most recent total assessment for 120 Constitution Way (year 2025) is $276,500 with $1,133 in property tax.
How does 120 Constitution Way's assessment compare to its last sale price?
The current assessment is 13.6% below the last sale price of $320,000.
When was 120 Constitution Way built?
120 Constitution Way was built in 1986.
How does 120 Constitution Way compare to others on Constitution Way?
We track 7 other properties on Constitution Way. Browse the list under "Other properties on Constitution Way" to compare beds, baths, and sale history.
What are the property facts for 120 Constitution Way?
120 Constitution Way is a 3 bed, 2 bath, 2,142 sqft, 26,136 sqft lot single_family.
Is 120 Constitution Way a flip candidate?
No — 120 Constitution Way does not appear in our flips dataset.
Is 120 Constitution Way a tax-appeal candidate?
No — 120 Constitution Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.0%
Implied 1-yr
+24.2%
2026 Q3
$755K
2026 Q4
$787.8K
ZIP 24551 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Constitution Way