240 Shaker Ln
Forest, VA 24551
3 bd 3 ba 2,200 sqft Built 1987 Lot 8,276 sqft townhomes
Most recent sale
$260,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2025 | Sold | $340,000 | Lynchburg |
| Mar 3, 2025 | Price changed | $349,900 | Lynchburg |
| Feb 21, 2025 | Listed | $352,500 | Lynchburg |
| May 2, 2022 | Sold | $260,000 | Public Record |
| Apr 29, 2022 | Sold | $260,000 | Lynchburg |
| Mar 19, 2022 | Listed | $279,000 | MLS #337066 |
| Feb 8, 2017 | Listing removed | $229,000 | Lynchburg |
| Feb 7, 2017 | Sold | $222,000 | Public Record |
| Jan 11, 2017 | Listed | $229,000 | MLS #302861 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $209,900 | $48,000 | $257,900 | $1,057 |
| 2021 | $165,800 | $48,000 | $213,800 | $1,069 |
| 2020 | $165,800 | $48,000 | $213,800 | $1,069 |
| 2019 | $165,800 | $48,000 | $213,800 | $1,069 |
| 2016 | $165,800 | $30,000 | $195,800 | $1,018 |
| 2015 | $165,800 | $30,000 | $195,800 | $1,018 |
| 2014 | $199,100 | $30,000 | $229,100 | $1,191 |
| 2013 | $199,100 | $30,000 | $229,100 | $1,145 |
Property facts
Year built
1987
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,200 sqft
Lot size
8,276 sqft
ZIP code
24551
City
Forest
Street
Shaker Ln
Coordinates
37.39137, -79.32397
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
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Shaker Ln last sell?
240 Shaker Ln most recently sold on May 2, 2022 for $260,000.
What is the current tax assessment for 240 Shaker Ln?
The most recent total assessment for 240 Shaker Ln (year 2025) is $257,900 with $1,057 in property tax.
How does 240 Shaker Ln's assessment compare to its last sale price?
The current assessment is 0.8% below the last sale price of $260,000.
When was 240 Shaker Ln built?
240 Shaker Ln was built in 1987.
How does 240 Shaker Ln compare to others on Shaker Ln?
We track 8 other properties on Shaker Ln. Browse the list under "Other properties on Shaker Ln" to compare beds, baths, and sale history.
What are the property facts for 240 Shaker Ln?
240 Shaker Ln is a 3 bed, 3 bath, 2,200 sqft, 8,276 sqft lot townhomes.
Is 240 Shaker Ln a flip candidate?
No — 240 Shaker Ln does not appear in our flips dataset.
Is 240 Shaker Ln a tax-appeal candidate?
No — 240 Shaker Ln 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 Shaker Ln