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2437 Chapel Spring Ln

Free Union, VA 22940

6 bd 6 ba 4,586 sqft Built 1997 Lot 1,004,494 sqft single_family
Most recent sale
$1,750,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $1,750,000 Public Record
Jun 25, 2022 Listed $1,799,900 MLS #632099
Jul 29, 2019 Sold $1,330,000 MLS #567008
May 20, 2019 Price changed $1,545,000 MLS #567008
Apr 17, 2019 Listed for rent $5,500 Charlottesville
Jan 18, 2019 Price changed $1,595,000 MLS #567008
Nov 2, 2018 Price changed for rent $5,500 Charlottesville
Oct 3, 2018 Price changed $1,695,000 MLS #567008
Sep 13, 2018 Price changed $1,720,000 MLS #567008
Aug 29, 2018 Price changed $1,745,000 MLS #567008
May 30, 2018 Listed for rent $6,500 Charlottesville
May 7, 2018 Price changed $1,795,000 MLS #567008
Apr 17, 2018 Price changed $1,845,000 MLS #567008
Apr 3, 2018 Price changed $1,895,000 MLS #567008
Mar 19, 2018 Price changed $1,945,000 MLS #567008
Sep 14, 2017 Listed $1,995,000 MLS #567008
Dec 28, 2011 Sold $1,100,000 MLS #485448
May 6, 2011 Price changed $1,295,000 MLS #485448
Feb 21, 2011 Listed $1,450,000 MLS #485448
Feb 9, 2011 Listing removed $1,485,000 Charlottesville
Oct 13, 2010 Price changed $1,485,000 MLS #478208
Jun 8, 2010 Listed $1,695,000 MLS #478208
Aug 16, 1994 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,758,700 $580,300 $2,339,000 $16,290
2024 $1,619,000 $517,100 $2,136,100 $12,101
2023 $1,224,900 $517,100 $1,742,000 $12,201
2022 $1,125,300 $385,200 $1,510,500 $10,444
2021 $949,600 $405,000 $1,354,600 $8,971
2020 $984,900 $490,200 $1,475,100 $10,195
2019 $793,500 $487,000 $1,280,500 $7,940
2018 $706,700 $512,200 $1,218,900 $7,145
2017 $705,100 $512,200 $1,217,300 $7,121
2016 $697,500 $143,600 $841,100 $7,057
2015 $703,800 $144,400 $848,200 $6,947
2014 $683,100 $130,300 $813,400 $6,499
2013 $690,400 $128,400 $818,800 $6,272
2012 $697,600 $165,800 $863,400 $6,579
2011 $718,500 $165,300 $883,800 $6,558
2010 $725,800 $613,000 $1,338,800 $9,934

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
6
Baths
6
Living area
4,586 sqft
Lot size
1,004,494 sqft
ZIP code
22940
City
Free Union
Street
Chapel Spring Ln
Coordinates
38.16882, -78.58815

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,879
Gross rental yield
4.72%
Implied cap rate
3.07%
Trend-extrapolated value

Frequently asked questions

When did 2437 Chapel Spring Ln last sell?
2437 Chapel Spring Ln most recently sold on Aug 18, 2022 for $1,750,000.
What is the current tax assessment for 2437 Chapel Spring Ln?
The most recent total assessment for 2437 Chapel Spring Ln (year 2025) is $2,339,000 with $16,290 in property tax.
How does 2437 Chapel Spring Ln's assessment compare to its last sale price?
The current assessment is 33.7% above the last sale price of $1,750,000.
When was 2437 Chapel Spring Ln built?
2437 Chapel Spring Ln was built in 1997.
How does 2437 Chapel Spring Ln compare to others on Chapel Spring Ln?
We track 5 other properties on Chapel Spring Ln. Browse the list under "Other properties on Chapel Spring Ln" to compare beds, baths, and sale history.
What are the property facts for 2437 Chapel Spring Ln?
2437 Chapel Spring Ln is a 6 bed, 6 bath, 4,586 sqft, 1,004,494 sqft lot single_family.
Is 2437 Chapel Spring Ln a flip candidate?
No — 2437 Chapel Spring Ln does not appear in our flips dataset.
Is 2437 Chapel Spring Ln a tax-appeal candidate?
Yes — 2437 Chapel Spring Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+9.8%
Implied 1-yr
+39.3%
2026 Q1
$2.99M
2026 Q2
$2.99M
ZIP 22940 — Median Price History + Forecast

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