237 Preston Ln
Luray, VA 22835
3 bd 3 ba 2,035 sqft Built 1993 Lot 875,992 sqft single_family
Most recent sale
$450,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 6, 2025 | Price changed | $699,900 | BrightMLS |
| Oct 5, 2025 | Price changed | $699,000 | BrightMLS |
| Jul 26, 2025 | Relisted | $749,900 | BrightMLS |
| Feb 1, 2025 | Listed | $749,900 | BrightMLS |
| Jul 15, 2022 | Sold | $450,000 | MLS #VAPA2001282 |
| Jun 9, 2022 | Listed | $445,000 | MLS #VAPA2001282 |
| Dec 14, 2004 | Sold | $355,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $268,000 | $170,200 | $438,200 | $2,291 |
| 2023 | $268,000 | $170,200 | $438,200 | $2,291 |
| 2022 | $268,000 | $170,200 | $438,200 | $37 |
| 2021 | — | $129,500 | $129,500 | $38 |
| 2020 | $198,200 | $141,000 | $339,200 | $1,665 |
| 2019 | $198,200 | $141,000 | $339,200 | $1,665 |
| 2018 | $198,200 | $141,000 | $339,200 | $1,597 |
| 2017 | $198,200 | $141,000 | $339,200 | $1,505 |
| 2016 | $198,200 | $141,000 | $339,200 | $1,505 |
| 2015 | $215,600 | $152,000 | $367,600 | $1,603 |
| 2014 | $215,600 | $152,000 | $367,600 | $1,603 |
| 2013 | $215,600 | $152,000 | $367,600 | $1,603 |
| 2012 | $215,600 | $152,000 | $367,600 | $802 |
| 2011 | $215,600 | $152,000 | $367,600 | $1,603 |
| 2009 | $248,400 | $162,000 | $410,400 | $1,408 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,035 sqft
Lot size
875,992 sqft
ZIP code
22835
City
Luray
Street
Preston Ln
Coordinates
38.59270, -78.53013
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,053
Gross rental yield
8.14%
Implied cap rate
5.29%
Trend-extrapolated value
—
Frequently asked questions
When did 237 Preston Ln last sell?
237 Preston Ln most recently sold on Jul 15, 2022 for $450,000.
What is the current tax assessment for 237 Preston Ln?
The most recent total assessment for 237 Preston Ln (year 2025) is $438,200 with $2,291 in property tax.
How does 237 Preston Ln's assessment compare to its last sale price?
The current assessment is 2.6% below the last sale price of $450,000.
When was 237 Preston Ln built?
237 Preston Ln was built in 1993.
How does 237 Preston Ln compare to others on Preston Ln?
We do not currently track other properties on Preston Ln.
What are the property facts for 237 Preston Ln?
237 Preston Ln is a 3 bed, 3 bath, 2,035 sqft, 875,992 sqft lot single_family.
Is 237 Preston Ln a flip candidate?
No — 237 Preston Ln does not appear in our flips dataset.
Is 237 Preston Ln a tax-appeal candidate?
No — 237 Preston Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$406K
2026 Q4
$414.7K
ZIP 22835 — Median Price History + Forecast
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Geography