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121 Craftsman Way

Lynchburg, VA 24503

2 bd 2 ba 2,000 sqft Built 2018 Lot 8,015 sqft single_family
Most recent sale
$424,900
Feb 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2022 Sold $460,000 Roanoke
Nov 8, 2022 Sold $460,000 Lynchburg
Oct 17, 2022 Listed $469,000 MLS #341006
Oct 17, 2022 Relisted $469,000 MLS #892896
Sep 12, 2022 Listed $469,000 MLS #892896
Sep 5, 2022 Price changed $469,000 MLS #340133
Aug 27, 2022 Price changed $480,000 MLS #340133
Aug 24, 2022 Listed $499,900 MLS #340133
Feb 22, 2021 Sold $424,900 Lynchburg
Feb 19, 2021 Sold $424,900 Public Record
Jun 29, 2020 Listed $420,000 MLS #325808
Aug 24, 2018 Listing removed $65,000 Lynchburg
Aug 23, 2018 Sold $372,415 Lynchburg
Aug 13, 2018 Listed $372,415 MLS #313861
Aug 13, 2018 Sold $372,415 Public Record
Mar 29, 2017 Listed $65,000 MLS #304287

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $390,300 $70,000 $460,300 $3,866
2024 $390,300 $70,000 $460,300 $3,460
2023 $318,800 $70,000 $388,800 $3,460
2022 $298,500 $60,000 $358,500 $3,692
2021 $298,500 $60,000 $358,500 $3,979
2020 $268,900 $60,000 $328,900 $3,651
2019 $268,900 $60,000 $328,900 $3,651
2018 $140,300 $40,000 $180,300 $2,001
2017 $40,000 $40,000 $444
2016 $40,000 $40,000 $444

Property facts

Year built
2018
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,000 sqft
Lot size
8,015 sqft
ZIP code
24503
City
Lynchburg
Street
Craftsman Way
Coordinates
37.44181, -79.23096

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
$3,000
Gross rental yield
8.47%
Implied cap rate
5.51%
Trend-extrapolated value

Frequently asked questions

When did 121 Craftsman Way last sell?
121 Craftsman Way most recently sold on Feb 19, 2021 for $424,900.
What is the current tax assessment for 121 Craftsman Way?
The most recent total assessment for 121 Craftsman Way (year 2025) is $460,300 with $3,866 in property tax.
How does 121 Craftsman Way's assessment compare to its last sale price?
The current assessment is 8.3% above the last sale price of $424,900.
When was 121 Craftsman Way built?
121 Craftsman Way was built in 2018.
How does 121 Craftsman Way compare to others on Craftsman Way?
We track 8 other properties on Craftsman Way. Browse the list under "Other properties on Craftsman Way" to compare beds, baths, and sale history.
What are the property facts for 121 Craftsman Way?
121 Craftsman Way is a 2 bed, 2 bath, 2,000 sqft, 8,015 sqft lot single_family.
Is 121 Craftsman Way a flip candidate?
No — 121 Craftsman Way does not appear in our flips dataset.
Is 121 Craftsman Way a tax-appeal candidate?
No — 121 Craftsman 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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