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407 Alum Springs Rd

Lynchburg, VA 24502

4 bd 1 ba 1,809 sqft Built 1920 Lot 18,731 sqft single_family
Most recent sale
$229,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $229,500 Public Record
Sep 29, 2022 Sold $229,500 Lynchburg
Jul 15, 2022 Listed $240,000 MLS #339476
May 20, 2017 Listing removed $169,000 Lynchburg
Nov 19, 2016 Listed $169,000 MLS #302298
Jul 1, 2016 Listing removed $189,900 Lynchburg
Nov 20, 2015 Listed $189,900 MLS #295524
Oct 26, 2015 Listing removed $172,000 Lynchburg
Apr 26, 2015 Listed $172,000 MLS #291439
Oct 5, 2010 Sold $184,900 Public Record
Jun 20, 2010 Listing removed $184,900 Lynchburg
May 25, 2010 Price changed $184,900 MLS #258649
Mar 24, 2010 Listed $189,900 MLS #258649
Sep 17, 1991 Sold $49,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $192,500 $45,000 $237,500 $1,068
2024 $192,500 $45,000 $237,500 $1,068
2023 $192,500 $45,000 $237,500 $1,068
2022 $146,900 $28,000 $174,900 $173
2021 $146,900 $28,000 $174,900 $173
2020 $146,900 $28,000 $174,900 $173
2019 $146,900 $28,000 $174,900 $309
2018 $142,400 $22,400 $164,800 $257
2017 $142,400 $22,400 $164,800 $857
2016 $142,400 $22,400 $164,800 $257
2015 $142,400 $22,400 $164,800 $317
2014 $146,300 $22,400 $168,700 $877
2013 $146,300 $22,400 $168,700 $849
2010 $83,200 $20,000 $103,200 $475
2009 $83,200 $20,000 $103,200 $475

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,809 sqft
Lot size
18,731 sqft
ZIP code
24502
City
Lynchburg
Street
Alum Springs Rd
Coordinates
37.30156, -79.27792

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,714
Gross rental yield
14.19%
Implied cap rate
9.22%
Trend-extrapolated value

Frequently asked questions

When did 407 Alum Springs Rd last sell?
407 Alum Springs Rd most recently sold on Sep 30, 2022 for $229,500.
What is the current tax assessment for 407 Alum Springs Rd?
The most recent total assessment for 407 Alum Springs Rd (year 2025) is $237,500 with $1,068 in property tax.
How does 407 Alum Springs Rd's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $229,500.
When was 407 Alum Springs Rd built?
407 Alum Springs Rd was built in 1920.
How does 407 Alum Springs Rd compare to others on Alum Springs Rd?
We track 4 other properties on Alum Springs Rd. Browse the list under "Other properties on Alum Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 407 Alum Springs Rd?
407 Alum Springs Rd is a 4 bed, 1 bath, 1,809 sqft, 18,731 sqft lot single_family.
Is 407 Alum Springs Rd a flip candidate?
No — 407 Alum Springs Rd does not appear in our flips dataset.
Is 407 Alum Springs Rd a tax-appeal candidate?
No — 407 Alum Springs Rd 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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