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401 Main St

Lexington, VA 24450

4 bd 3 ba 3,623 sqft Built 1870 Lot 15,246 sqft single_family
Most recent sale
$505,000
Dec 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2022 Sold $505,000 Roanoke
Oct 17, 2022 Listing removed Rockbridge
Sep 23, 2022 Listed $686,000 MLS #893189
Sep 22, 2022 Listed $686,000 MLS #635036
Jun 15, 1994 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,300 $135,000 $530,300 $4,878
2023 $395,300 $135,000 $530,300 $4,878
2022 $395,300 $135,000 $530,300 $4,878
2021 $359,200 $135,000 $494,200 $5,239
2020 $359,200 $135,000 $494,200 $5,239
2019 $359,200 $135,000 $494,200 $5,115
2018 $359,200 $135,000 $494,200 $5,115
2017 $345,800 $115,000 $460,800 $5,115
2016 $345,800 $115,000 $460,800 $5,023
2015 $345,800 $115,000 $460,800 $5,023
2014 $345,800 $115,000 $460,800 $4,746
2013 $407,400 $125,000 $532,400 $4,153
2012 $407,400 $125,000 $532,400 $4,153
2011 $407,400 $125,000 $532,400 $3,887
2010 $407,400 $125,000 $532,400 $3,727
2009 $459,000 $125,000 $584,000 $3,796

Property facts

Year built
1870
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,623 sqft
Lot size
15,246 sqft
ZIP code
24450
City
Lexington
Street
Main St
Coordinates
37.78078, -79.44696

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,435
Gross rental yield
12.91%
Implied cap rate
8.39%
Trend-extrapolated value

Frequently asked questions

When did 401 Main St last sell?
401 Main St most recently sold on Dec 2, 2022 for $505,000.
What is the current tax assessment for 401 Main St?
The most recent total assessment for 401 Main St (year 2025) is $530,300 with $4,878 in property tax.
How does 401 Main St's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $505,000.
When was 401 Main St built?
401 Main St was built in 1870.
How does 401 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 401 Main St?
401 Main St is a 4 bed, 3 bath, 3,623 sqft, 15,246 sqft lot single_family.
Is 401 Main St a flip candidate?
No — 401 Main St does not appear in our flips dataset.
Is 401 Main St a tax-appeal candidate?
No — 401 Main St 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
+1.4%
Implied 1-yr
+5.7%
2026 Q1
$382.5K
2026 Q2
$387.6K
ZIP 24450 — Median Price History + Forecast

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