Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 28M+ properties All 50 states Methodology

16116 Lee Hwy

Gainesville, VA 20155

4 bd 3 ba 2,271 sqft Built 1984 Lot 175,747 sqft single_family
Most recent sale
$605,000
Apr 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2023 Sold $745,000 BrightMLS
Jul 14, 2023 Listed $745,000 BrightMLS
Jul 26, 2022 Relisted $725,000 MLS #VAPW2033480
Jul 21, 2022 Listed $725,000 MLS #VAPW2033480
Apr 7, 2021 Sold $605,000 MLS #VAPW515568
Feb 26, 2021 Listed $560,000 MLS #VAPW515568
Mar 27, 2017 Sold $469,900 Public Record
Mar 24, 2017 Listing removed $469,900 MRIS
Mar 24, 2017 Sold $469,900 MLS #1000366589
Feb 2, 2017 Listed $469,900 MLS #1000366589
Nov 1, 2016 Listing removed $469,900 MRIS
Oct 28, 2016 Price changed $469,900 MLS #PW9689261
Oct 7, 2016 Price changed $474,900 MLS #PW9689261
Jul 21, 2016 Price changed $484,900 MLS #PW9689261
Jun 17, 2016 Listed $494,900 MLS #PW9689261
Oct 1, 1995 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $512,500 $227,200 $739,700 $7,252
2024 $515,600 $194,000 $709,600 $7,056
2023 $477,700 $173,100 $650,800 $6,771
2022 $409,900 $158,200 $568,100 $6,405
2021 $380,600 $142,900 $523,500 $6,378
2020 $346,400 $142,900 $489,300 $7,584
2019 $301,300 $142,900 $444,200 $6,885
2018 $297,200 $142,900 $440,100 $6,822
2017 $246,700 $142,900 $389,600 $4,811
2016 $233,600 $142,900 $376,500 $4,609
2015 $189,100 $141,700 $330,800 $4,057
2014 $195,000 $131,100 $326,100 $4,091
2013 $189,700 $122,500 $312,200 $3,922
2012 $191,100 $118,800 $309,900 $4,091
2010 $138,500 $149,600 $288,100 $3,787
2009 $158,800 $157,300 $316,100 $4,075
2008 $200,000 $198,100 $398,100 $4,100
2007 $282,500 $230,900 $513,400 $4,398

Property facts

Year built
1984
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,271 sqft
Lot size
175,747 sqft
ZIP code
20155
City
Gainesville
Street
Lee Hwy
Coordinates
38.78827, -77.67263

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,407
Gross rental yield
6.76%
Implied cap rate
4.39%
Trend-extrapolated value

Frequently asked questions

When did 16116 Lee Hwy last sell?
16116 Lee Hwy most recently sold on Apr 7, 2021 for $605,000.
What is the current tax assessment for 16116 Lee Hwy?
The most recent total assessment for 16116 Lee Hwy (year 2025) is $739,700 with $7,252 in property tax.
How does 16116 Lee Hwy's assessment compare to its last sale price?
The current assessment is 22.3% above the last sale price of $605,000.
When was 16116 Lee Hwy built?
16116 Lee Hwy was built in 1984.
How does 16116 Lee Hwy compare to others on Lee Hwy?
We track 8 other properties on Lee Hwy. Browse the list under "Other properties on Lee Hwy" to compare beds, baths, and sale history.
What are the property facts for 16116 Lee Hwy?
16116 Lee Hwy is a 4 bed, 3 bath, 2,271 sqft, 175,747 sqft lot single_family.
Is 16116 Lee Hwy a flip candidate?
No — 16116 Lee Hwy does not appear in our flips dataset.
Is 16116 Lee Hwy a tax-appeal candidate?
No — 16116 Lee Hwy 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
+3.6%
Implied 1-yr
+14.5%
2026 Q3
$966.7K
2026 Q4
$995.1K
ZIP 20155 — Median Price History + Forecast

Explore nearby