508 Main St
Lexington, VA 24450
3 bd 3 ba 2,559 sqft Built 1912 Lot 20,038 sqft single_family
Most recent sale
$510,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $510,000 | MLS #888492 |
| May 5, 2022 | Price changed | $525,000 | MLS #888492 |
| May 3, 2022 | Price changed | $525,000 | MLS #136828 |
| Apr 25, 2022 | Relisted | $549,000 | MLS #136828 |
| Apr 12, 2022 | Listed | $549,000 | MLS #628897 |
| Apr 11, 2022 | Listed | $549,000 | MLS #136828 |
| Dec 6, 2012 | Sold | $255,000 | Public Record |
| Nov 23, 2012 | Listing removed | $264,900 | Rockbridge |
| Sep 21, 2012 | Price changed | $264,900 | MLS #126354 |
| Sep 14, 2012 | Price changed | $284,900 | MLS #126354 |
| Jul 21, 2012 | Price changed | $324,900 | MLS #126354 |
| Jun 15, 2012 | Listed | $344,900 | MLS #126354 |
| Apr 27, 2012 | Listing removed | $422,900 | Rockbridge |
| Jan 1, 2012 | Sold | $255,000 | Public Record |
| Sep 8, 2011 | Relisted | $422,900 | MLS #123828 |
| Aug 31, 2011 | Listing removed | $422,900 | Rockbridge |
| Jun 8, 2011 | Relisted | $422,900 | MLS #123828 |
| Apr 9, 2011 | Listing removed | $422,900 | Rockbridge |
| Mar 14, 2010 | Listed | $422,900 | MLS #123828 |
| Oct 31, 2009 | Listing removed | $479,000 | Rockbridge |
| Oct 25, 2007 | Listed | $479,000 | MLS #121070 |
| Jun 26, 1996 | Sold | $199,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $302,500 | $100,000 | $402,500 | $3,703 |
| 2023 | $302,500 | $100,000 | $402,500 | $3,703 |
| 2022 | $302,500 | $100,000 | $402,500 | $3,703 |
| 2021 | $258,000 | $90,000 | $348,000 | $3,689 |
| 2020 | $258,000 | $90,000 | $348,000 | $3,688 |
| 2019 | $258,000 | $90,000 | $348,000 | $3,601 |
| 2018 | $258,000 | $90,000 | $348,000 | $3,601 |
| 2017 | $249,900 | $90,000 | $339,900 | $3,772 |
| 2016 | $249,900 | $90,000 | $339,900 | $3,704 |
| 2015 | $249,900 | $90,000 | $339,900 | $3,704 |
| 2014 | $249,900 | $90,000 | $339,900 | $3,500 |
| 2013 | $276,400 | $100,000 | $376,400 | $2,935 |
| 2012 | $276,400 | $100,000 | $376,400 | $2,935 |
| 2011 | $276,400 | $100,000 | $376,400 | $2,747 |
| 2010 | $276,400 | $100,000 | $376,400 | $2,634 |
| 2009 | $311,600 | $85,000 | $396,600 | $2,577 |
Property facts
Year built
1912
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,559 sqft
Lot size
20,038 sqft
ZIP code
24450
City
Lexington
Street
Main St
Coordinates
37.77863, -79.44759
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,839
Gross rental yield
9.03%
Implied cap rate
5.87%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Main St last sell?
508 Main St most recently sold on Jun 16, 2022 for $510,000.
What is the current tax assessment for 508 Main St?
The most recent total assessment for 508 Main St (year 2025) is $402,500 with $3,703 in property tax.
How does 508 Main St's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $510,000.
When was 508 Main St built?
508 Main St was built in 1912.
How does 508 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 508 Main St?
508 Main St is a 3 bed, 3 bath, 2,559 sqft, 20,038 sqft lot single_family.
Is 508 Main St a flip candidate?
No — 508 Main St does not appear in our flips dataset.
Is 508 Main St a tax-appeal candidate?
No — 508 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q1
$382.5K
2026 Q2
$387.6K
ZIP 24450 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St