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306 Alta Ln

Lynchburg, VA 24502

4 bd 3 ba 2,818 sqft Built 2022 Lot 34,369 sqft single_family
Most recent sale
$487,500
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $487,500 Public Record
Jun 17, 2022 Sold $487,500 Lynchburg
Apr 26, 2022 Listed $479,900 MLS #337852

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $461,700 $42,500 $504,200 $4,235
2024 $461,700 $42,500 $504,200 $4,133
2023 $421,900 $42,500 $464,400 $4,133
2022 $349,200 $37,500 $386,700 $3,983
2021 $37,500 $37,500 $416
2020 $37,500 $37,500 $416
2019 $37,500 $37,500 $416
2018 $33,800 $33,800 $375
2017 $33,800 $33,800 $375
2016 $33,800 $33,800 $375

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,818 sqft
Lot size
34,369 sqft
ZIP code
24502
City
Lynchburg
Street
Alta Ln
Coordinates
37.34474, -79.20188

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,227
Gross rental yield
10.40%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did 306 Alta Ln last sell?
306 Alta Ln most recently sold on Jun 21, 2022 for $487,500.
What is the current tax assessment for 306 Alta Ln?
The most recent total assessment for 306 Alta Ln (year 2025) is $504,200 with $4,235 in property tax.
How does 306 Alta Ln's assessment compare to its last sale price?
The current assessment is 3.4% above the last sale price of $487,500.
When was 306 Alta Ln built?
306 Alta Ln was built in 2022.
How does 306 Alta Ln compare to others on Alta Ln?
We track 8 other properties on Alta Ln. Browse the list under "Other properties on Alta Ln" to compare beds, baths, and sale history.
What are the property facts for 306 Alta Ln?
306 Alta Ln is a 4 bed, 3 bath, 2,818 sqft, 34,369 sqft lot single_family.
Is 306 Alta Ln a flip candidate?
No — 306 Alta Ln does not appear in our flips dataset.
Is 306 Alta Ln a tax-appeal candidate?
No — 306 Alta Ln 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast

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