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109 Carriage Way

Lynchburg, VA 24503

3 bd 2 ba 2,288 sqft Built 1989 Lot 2,831 sqft single_family
Most recent sale
$389,900
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $389,900 Public Record
Jun 10, 2022 Listed $389,900 MLS #338788
Oct 23, 2008 Sold $375,000 Public Record
Jan 1, 2008 Sold $375,000 Public Record
May 10, 2000 Sold $215,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $361,400 $60,000 $421,400 $3,539
2024 $361,400 $60,000 $421,400 $3,025
2023 $283,900 $56,000 $339,900 $3,025
2022 $248,400 $45,000 $293,400 $3,022
2021 $248,400 $45,000 $293,400 $3,257
2020 $248,400 $45,000 $293,400 $3,257
2019 $248,400 $45,000 $293,400 $3,257
2018 $248,400 $25,000 $273,400 $3,035
2017 $248,400 $25,000 $273,400 $3,035
2016 $248,400 $25,000 $273,400 $3,035
2014 $248,400 $25,000 $273,400 $3,035
2013 $248,400 $25,000 $273,400 $3,035
2012 $254,600 $25,000 $279,600 $3,104
2011 $254,600 $25,000 $279,600 $2,936
2009 $254,600 $25,000 $279,600 $2,936
2008 $239,700 $25,000 $264,700 $2,779
2006 $239,700 $25,000 $264,700 $2,716

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,288 sqft
Lot size
2,831 sqft
ZIP code
24503
City
Lynchburg
Street
Carriage Way
Coordinates
37.44470, -79.22563

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
10.56%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 109 Carriage Way last sell?
109 Carriage Way most recently sold on Jul 26, 2022 for $389,900.
What is the current tax assessment for 109 Carriage Way?
The most recent total assessment for 109 Carriage Way (year 2025) is $421,400 with $3,539 in property tax.
How does 109 Carriage Way's assessment compare to its last sale price?
The current assessment is 8.1% above the last sale price of $389,900.
When was 109 Carriage Way built?
109 Carriage Way was built in 1989.
How does 109 Carriage Way compare to others on Carriage Way?
We track 5 other properties on Carriage Way. Browse the list under "Other properties on Carriage Way" to compare beds, baths, and sale history.
What are the property facts for 109 Carriage Way?
109 Carriage Way is a 3 bed, 2 bath, 2,288 sqft, 2,831 sqft lot single_family.
Is 109 Carriage Way a flip candidate?
No — 109 Carriage Way does not appear in our flips dataset.
Is 109 Carriage Way a tax-appeal candidate?
No — 109 Carriage Way 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$337.8K
2026 Q4
$333.8K
ZIP 24503 — Median Price History + Forecast

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