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1674 James Madison Hwy

Locust Dale, VA 22948

3 bd 4 ba 5,872 sqft Built 1998 Lot 1,380,852 sqft single_family
Most recent sale
$1,670,000
Mar 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2025 Price changed $2,100,000 BrightMLS
Sep 1, 2025 Listed $1,975,000 BrightMLS
Apr 12, 2024 Listing removed BrightMLS
Apr 1, 2024 Listed $1,695,000 BrightMLS
Mar 15, 2024 Sold $1,670,000 Charlottesville
Aug 24, 2023 Price changed $1,695,000 Charlottesville
May 25, 2023 Price changed $1,800,000 Charlottesville
Apr 5, 2023 Listed $1,950,000 Charlottesville

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,504,900 $183,300 $1,688,200 $12,492
2023 $829,900 $128,700 $958,600 $7,093
2022 $829,900 $128,700 $958,600 $7,093
2021 $829,900 $128,700 $958,600 $7,093
2020 $829,900 $128,700 $958,600 $6,806
2019 $829,900 $128,700 $958,600 $6,710
2018 $775,800 $128,700 $904,500 $6,150
2017 $775,800 $128,700 $904,500 $6,150
2016 $775,800 $128,700 $904,500 $6,150
2014 $775,800 $128,700 $904,500 $6,150
2013 $775,800 $128,700 $904,500 $6,060
2012 $956,900 $184,900 $1,141,800 $6,051
2011 $956,900 $184,900 $1,141,800 $5,709
2010 $1,170,200 $184,900 $1,355,100 $5,023
2009 $1,170,200 $184,900 $1,355,100 $5,023

Property facts

Year built
1998
Property type
single_family
Stories
3
Beds
3
Baths
4
Living area
5,872 sqft
Lot size
1,380,852 sqft
ZIP code
22948
City
Locust Dale
Street
James Madison Hwy
Coordinates
38.33811, -78.12208

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,808
Gross rental yield
6.33%
Implied cap rate
4.11%
Trend-extrapolated value

Frequently asked questions

When did 1674 James Madison Hwy last sell?
1674 James Madison Hwy most recently sold on Mar 15, 2024 for $1,670,000.
What is the current tax assessment for 1674 James Madison Hwy?
The most recent total assessment for 1674 James Madison Hwy (year 2025) is $1,688,200 with $12,492 in property tax.
How does 1674 James Madison Hwy's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $1,670,000.
When was 1674 James Madison Hwy built?
1674 James Madison Hwy was built in 1998.
How does 1674 James Madison Hwy compare to others on James Madison Hwy?
We track 1 other property on James Madison Hwy. Browse the list under "Other properties on James Madison Hwy" to compare beds, baths, and sale history.
What are the property facts for 1674 James Madison Hwy?
1674 James Madison Hwy is a 3 bed, 4 bath, 5,872 sqft, 1,380,852 sqft lot single_family.
Is 1674 James Madison Hwy a flip candidate?
No — 1674 James Madison Hwy does not appear in our flips dataset.
Is 1674 James Madison Hwy a tax-appeal candidate?
No — 1674 James Madison Hwy 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
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$573.2K
2026 Q2
$589.4K
ZIP 22948 — Median Price History + Forecast

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