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216 Cornwallis Ave

Locust Grove, VA 22508

3 bd 3 ba 2,288 sqft Built 1975 Lot 16,738 sqft single_family
Most recent sale
$740,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $740,000 MLS #VAOR2002510
May 19, 2022 Price changed $799,000 MLS #VAOR2002510
May 9, 2022 Listed $849,000 MLS #VAOR2002510
Jun 15, 2018 Sold $489,700 MLS #1000467910
May 1, 2018 Listed $489,000 MLS #1000467910
Feb 29, 2012 Listing removed $479,500 MRIS
Oct 20, 2011 Relisted $479,500 MLS #OR7578032
Oct 13, 2011 Listing removed $499,000 MRIS
Apr 15, 2011 Listed $499,000 MLS #OR7578032

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $276,400 $482,400 $758,800 $4,704
2024 $276,400 $482,400 $758,800 $3,993
2023 $182,900 $310,000 $492,900 $3,696
2022 $182,900 $310,000 $492,900 $3,696
2021 $182,900 $310,000 $492,900 $3,549
2020 $182,900 $310,000 $492,900 $3,549
2019 $166,700 $260,000 $426,700 $3,431
2018 $166,700 $260,000 $426,700 $3,431
2017 $166,700 $260,000 $426,700 $3,431
2016 $166,700 $260,000 $426,700 $3,431
2015 $147,600 $260,000 $407,600 $3,277
2014 $147,300 $260,000 $407,300 $3,275
2013 $147,300 $260,000 $407,300 $2,933
2012 $147,300 $260,000 $407,300 $2,933
2011 $157,000 $260,000 $417,000 $2,043
2010 $157,000 $260,000 $417,000 $2,043
2009 $157,000 $260,000 $417,000 $1,960
2008 $157,000 $260,000 $417,000 $1,960
2007 $157,000 $260,000 $417,000 $1,751

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,288 sqft
Lot size
16,738 sqft
ZIP code
22508
City
Locust Grove
Street
Cornwallis Ave
Coordinates
38.33612, -77.76737

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,432
Gross rental yield
5.57%
Implied cap rate
3.62%
Trend-extrapolated value

Frequently asked questions

When did 216 Cornwallis Ave last sell?
216 Cornwallis Ave most recently sold on Jun 23, 2022 for $740,000.
What is the current tax assessment for 216 Cornwallis Ave?
The most recent total assessment for 216 Cornwallis Ave (year 2025) is $758,800 with $4,704 in property tax.
How does 216 Cornwallis Ave's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $740,000.
When was 216 Cornwallis Ave built?
216 Cornwallis Ave was built in 1975.
How does 216 Cornwallis Ave compare to others on Cornwallis Ave?
We track 8 other properties on Cornwallis Ave. Browse the list under "Other properties on Cornwallis Ave" to compare beds, baths, and sale history.
What are the property facts for 216 Cornwallis Ave?
216 Cornwallis Ave is a 3 bed, 3 bath, 2,288 sqft, 16,738 sqft lot single_family.
Is 216 Cornwallis Ave a flip candidate?
No — 216 Cornwallis Ave does not appear in our flips dataset.
Is 216 Cornwallis Ave a tax-appeal candidate?
No — 216 Cornwallis Ave 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
-5.4%
Implied 1-yr
-21.6%
2026 Q3
$324.3K
2026 Q4
$312.8K
ZIP 22508 — Median Price History + Forecast

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