109 Wallace St
Lexington, VA 24450
3 bd 3 ba 1,621 sqft Built 1956 Lot 16,117 sqft single_family
Most recent sale
$233,000
Jul 26, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 1, 2024 | Sold | $347,500 | Public Record |
| Aug 8, 2024 | Price changed | $359,000 | Rockbridge |
| Jul 22, 2024 | Listed | $369,000 | Rockbridge |
| Jul 26, 2021 | Sold | $233,000 | Public Record |
| Jan 1, 2005 | Sold | $225,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $166,400 | $60,000 | $226,400 | $2,082 |
| 2023 | $166,400 | $60,000 | $226,400 | $2,082 |
| 2022 | $166,400 | $60,000 | $226,400 | $2,082 |
| 2021 | $147,600 | $55,000 | $202,600 | $2,147 |
| 2020 | $147,600 | $55,000 | $202,600 | $2,147 |
| 2019 | $147,600 | $55,000 | $202,600 | $2,096 |
| 2018 | $147,600 | $55,000 | $202,600 | $2,096 |
| 2017 | $143,400 | $55,000 | $198,400 | $2,202 |
| 2016 | $143,400 | $55,000 | $198,400 | $2,162 |
| 2015 | $143,400 | $55,000 | $198,400 | $2,162 |
| 2014 | $143,400 | $55,000 | $198,400 | $2,043 |
| 2013 | $160,700 | $60,000 | $220,700 | $1,721 |
| 2012 | $160,700 | $60,000 | $220,700 | $1,721 |
| 2011 | $160,700 | $60,000 | $220,700 | $1,611 |
| 2010 | $160,700 | $60,000 | $220,700 | $1,544 |
| 2009 | $172,400 | $60,000 | $232,400 | $1,510 |
Property facts
Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,621 sqft
Lot size
16,117 sqft
ZIP code
24450
City
Lexington
Street
Wallace St
Coordinates
37.77522, -79.44702
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,432
Gross rental yield
12.53%
Implied cap rate
8.14%
Trend-extrapolated value
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Frequently asked questions
When did 109 Wallace St last sell?
109 Wallace St most recently sold on Jul 26, 2021 for $233,000.
What is the current tax assessment for 109 Wallace St?
The most recent total assessment for 109 Wallace St (year 2025) is $226,400 with $2,082 in property tax.
How does 109 Wallace St's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $233,000.
When was 109 Wallace St built?
109 Wallace St was built in 1956.
How does 109 Wallace St compare to others on Wallace St?
We track 2 other properties on Wallace St. Browse the list under "Other properties on Wallace St" to compare beds, baths, and sale history.
What are the property facts for 109 Wallace St?
109 Wallace St is a 3 bed, 3 bath, 1,621 sqft, 16,117 sqft lot single_family.
Is 109 Wallace St a flip candidate?
No — 109 Wallace St does not appear in our flips dataset.
Is 109 Wallace St a tax-appeal candidate?
No — 109 Wallace 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 Wallace St