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403 Elm Ave

Grottoes, VA 24441

3 bd 2 ba 1,044 sqft Built 1970 Lot 11,761 sqft single_family
Most recent sale
$244,900
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2023 Sold $259,900 Harrisonburg
Jul 29, 2023 Listed $259,900 Charlottesville
Sep 8, 2022 Sold $244,900 Public Record
Sep 7, 2022 Sold $244,900 MLS #631632
Jul 1, 2022 Price changed $244,900 MLS #631632
Jun 14, 2022 Listed $249,900 MLS #631632
Sep 1, 2021 Sold $220,000 MLS #620111
Jul 17, 2021 Listed $219,900 MLS #620111
Mar 12, 2021 Sold $100,000 MLS #613550
Feb 12, 2021 Listed $100,000 MLS #613550
Dec 7, 2005 Sold $83,000 Public Record
Mar 5, 2002 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $147,900 $32,500 $180,400 $1,226
2023 $147,900 $32,500 $180,400 $1,226
2022 $147,900 $32,500 $180,400 $1,226
2021 $55,400 $32,500 $87,900 $650
2020 $55,400 $32,500 $87,900 $650
2019 $55,400 $32,500 $87,900 $650
2018 $55,400 $32,500 $87,900 $650
2017 $53,300 $32,500 $85,800 $635
2016 $53,300 $32,500 $85,800 $601
2015 $53,300 $32,500 $85,800 $575
2014 $53,300 $32,500 $85,800 $549
2013 $54,700 $32,500 $87,200 $558
2011 $54,700 $32,500 $87,200 $523

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,044 sqft
Lot size
11,761 sqft
ZIP code
24441
City
Grottoes
Street
Elm Ave
Coordinates
38.26543, -78.82974

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,566
Gross rental yield
7.67%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 403 Elm Ave last sell?
403 Elm Ave most recently sold on Sep 8, 2022 for $244,900.
What is the current tax assessment for 403 Elm Ave?
The most recent total assessment for 403 Elm Ave (year 2025) is $180,400 with $1,226 in property tax.
How does 403 Elm Ave's assessment compare to its last sale price?
The current assessment is 26.3% below the last sale price of $244,900.
When was 403 Elm Ave built?
403 Elm Ave was built in 1970.
How does 403 Elm Ave compare to others on Elm Ave?
We track 6 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 403 Elm Ave?
403 Elm Ave is a 3 bed, 2 bath, 1,044 sqft, 11,761 sqft lot single_family.
Is 403 Elm Ave a flip candidate?
Yes — 403 Elm Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 403 Elm Ave a tax-appeal candidate?
No — 403 Elm Ave 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
+4.0%
Implied 1-yr
+16.1%
2026 Q2
$417.6K
2026 Q3
$431K
ZIP 24441 — Median Price History + Forecast

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