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720 Paine Run Rd

Grottoes, VA 24441

3 bd 2 ba 1,912 sqft Built 1995 Lot 304,049 sqft single_family
Most recent sale
$300,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $300,000 MLS #632693
Jul 13, 2022 Listed $300,000 MLS #632693

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $259,800 $117,300 $377,100 $1,960
2025 $259,800 $117,300 $377,100 $1,960
2023 $167,700 $79,900 $247,600 $1,559
2022 $167,700 $79,900 $247,600 $1,559
2021 $167,700 $79,900 $247,600 $1,560
2020 $167,700 $79,900 $247,600 $1,560
2019 $167,700 $79,900 $247,600 $1,560
2018 $152,400 $79,900 $232,300 $1,464
2017 $152,400 $79,900 $232,300 $1,347
2016 $152,400 $79,900 $232,300 $1,347
2015 $152,400 $79,900 $232,300 $1,347
2014 $152,400 $79,900 $232,300 $1,301
2013 $155,600 $84,900 $240,500 $1,227
2012 $155,600 $84,900 $240,500 $1,154
2010 $155,700 $84,900 $240,600 $1,154
2009 $155,700 $84,900 $240,600 $1,154

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,912 sqft
Lot size
304,049 sqft
ZIP code
24441
City
Grottoes
Street
Paine Run Rd
Coordinates
38.19970, -78.80391

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
$2,868
Gross rental yield
11.47%
Implied cap rate
7.46%
Trend-extrapolated value

Frequently asked questions

When did 720 Paine Run Rd last sell?
720 Paine Run Rd most recently sold on Sep 1, 2022 for $300,000.
What is the current tax assessment for 720 Paine Run Rd?
The most recent total assessment for 720 Paine Run Rd (year 2026) is $377,100 with $1,960 in property tax.
How does 720 Paine Run Rd's assessment compare to its last sale price?
The current assessment is 25.7% above the last sale price of $300,000.
When was 720 Paine Run Rd built?
720 Paine Run Rd was built in 1995.
How does 720 Paine Run Rd compare to others on Paine Run Rd?
We track 8 other properties on Paine Run Rd. Browse the list under "Other properties on Paine Run Rd" to compare beds, baths, and sale history.
What are the property facts for 720 Paine Run Rd?
720 Paine Run Rd is a 3 bed, 2 bath, 1,912 sqft, 304,049 sqft lot single_family.
Is 720 Paine Run Rd a flip candidate?
No — 720 Paine Run Rd does not appear in our flips dataset.
Is 720 Paine Run Rd a tax-appeal candidate?
Yes — 720 Paine Run Rd 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
+4.0%
Implied 1-yr
+16.1%
2026 Q2
$417.6K
2026 Q3
$431K
ZIP 24441 — Median Price History + Forecast

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