218 Commerce Ave
Iron Gate, VA 24448
2 bd 2 ba 1,075 sqft Built 1930 Lot 13,939 sqft single_family
Most recent sale
$122,500
Jul 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2022 | Sold | $122,500 | MLS #890086 |
| Jun 3, 2022 | Listed | $122,500 | MLS #890086 |
| Jul 20, 2018 | Sold | $82,400 | MLS #848105 |
| May 7, 2018 | Listed | $79,900 | MLS #848105 |
| Jan 1, 2018 | Sold | $82,400 | Public Record |
| Jun 9, 2006 | Sold | $62,000 | Public Record |
| Jan 1, 2006 | Sold | $62,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $120,700 | $15,000 | $135,700 | $664 |
| 2023 | $49,200 | $8,000 | $57,200 | $417 |
| 2022 | $49,200 | $8,000 | $57,200 | $417 |
| 2021 | $49,200 | $8,000 | $57,200 | $417 |
| 2020 | $49,200 | $8,000 | $57,200 | $418 |
| 2019 | $49,200 | $8,000 | $57,200 | $418 |
| 2018 | $50,600 | $8,000 | $58,600 | $416 |
| 2017 | $50,600 | $8,000 | $58,600 | $416 |
| 2016 | $50,600 | $8,000 | $58,600 | $416 |
| 2015 | $50,600 | $8,000 | $58,600 | $404 |
| 2014 | $50,600 | $8,000 | $58,600 | $404 |
| 2013 | $50,600 | $8,000 | $58,600 | $393 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,075 sqft
Lot size
13,939 sqft
ZIP code
24448
City
Iron Gate
Street
Commerce Ave
Coordinates
37.80136, -79.79373
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$735
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 218 Commerce Ave last sell?
218 Commerce Ave most recently sold on Jul 13, 2022 for $122,500.
What is the current tax assessment for 218 Commerce Ave?
The most recent total assessment for 218 Commerce Ave (year 2025) is $135,700 with $664 in property tax.
How does 218 Commerce Ave's assessment compare to its last sale price?
The current assessment is 10.8% above the last sale price of $122,500.
When was 218 Commerce Ave built?
218 Commerce Ave was built in 1930.
How does 218 Commerce Ave compare to others on Commerce Ave?
We track 8 other properties on Commerce Ave. Browse the list under "Other properties on Commerce Ave" to compare beds, baths, and sale history.
What are the property facts for 218 Commerce Ave?
218 Commerce Ave is a 2 bed, 2 bath, 1,075 sqft, 13,939 sqft lot single_family.
Is 218 Commerce Ave a flip candidate?
No — 218 Commerce Ave does not appear in our flips dataset.
Is 218 Commerce Ave a tax-appeal candidate?
No — 218 Commerce Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+14.6%
Implied 1-yr
+58.5%
2026 Q1
$146.2K
2026 Q2
$158.1K
ZIP 24448 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commerce Ave