1408 Buchanan St
Lynchburg, VA 24501
3 bd 3 ba 1,498 sqft Built 1915 Lot 4,356 sqft single_family
Most recent sale
$160,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $160,000 | Public Record |
| Apr 29, 2022 | Listed | $159,900 | MLS #337800 |
| Feb 21, 2009 | Listing removed | $14,500 | Lynchburg |
| Feb 20, 2009 | Listing removed | $14,500 | Lynchburg |
| Jan 16, 2009 | Listed | $14,500 | MLS #246359 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $140,100 | $13,500 | $153,600 | $1,290 |
| 2024 | $140,100 | $13,500 | $153,600 | $1,284 |
| 2023 | $132,300 | $12,000 | $144,300 | $1,284 |
| 2022 | $110,500 | $10,000 | $120,500 | $1,241 |
| 2021 | $10,700 | $10,000 | $20,700 | $230 |
| 2020 | $12,600 | $7,000 | $19,600 | $217 |
| 2019 | $12,600 | $7,000 | $19,600 | $217 |
| 2018 | $9,000 | $7,000 | $16,000 | $177 |
| 2017 | $9,000 | $7,000 | $16,000 | $177 |
| 2016 | $9,000 | $7,000 | $16,000 | $177 |
| 2014 | $6,100 | $2,000 | $8,100 | $89 |
| 2013 | $6,100 | $2,000 | $8,100 | $89 |
| 2012 | $36,000 | $2,000 | $38,000 | $421 |
| 2011 | $36,000 | $2,000 | $38,000 | $399 |
| 2009 | $36,000 | $2,000 | $38,000 | $399 |
| 2008 | $30,000 | $2,000 | $32,000 | $336 |
| 2006 | $30,000 | $2,000 | $32,000 | $323 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,498 sqft
Lot size
4,356 sqft
ZIP code
24501
City
Lynchburg
Street
Buchanan St
Coordinates
37.40287, -79.15174
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1408 Buchanan St last sell?
1408 Buchanan St most recently sold on May 27, 2022 for $160,000.
What is the current tax assessment for 1408 Buchanan St?
The most recent total assessment for 1408 Buchanan St (year 2025) is $153,600 with $1,290 in property tax.
How does 1408 Buchanan St's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $160,000.
When was 1408 Buchanan St built?
1408 Buchanan St was built in 1915.
How does 1408 Buchanan St compare to others on Buchanan St?
We track 8 other properties on Buchanan St. Browse the list under "Other properties on Buchanan St" to compare beds, baths, and sale history.
What are the property facts for 1408 Buchanan St?
1408 Buchanan St is a 3 bed, 3 bath, 1,498 sqft, 4,356 sqft lot single_family.
Is 1408 Buchanan St a flip candidate?
No — 1408 Buchanan St does not appear in our flips dataset.
Is 1408 Buchanan St a tax-appeal candidate?
No — 1408 Buchanan St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$271K
2026 Q4
$276.6K
ZIP 24501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Buchanan St