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114 Gala Dr

Lynchburg, VA 24503

3 bd 2 ba 1,584 sqft Built 1995 Lot 20,038 sqft single_family
Most recent sale
$227,500
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $227,500 Public Record
Apr 13, 2022 Listed $225,000 MLS #337578
Apr 28, 2015 Listing removed $158,000 Lynchburg
Apr 13, 2015 Relisted $158,000 MLS #289649
Mar 11, 2015 Listing removed $158,000 Lynchburg
Jan 26, 2015 Listed $158,000 MLS #289649
Jan 25, 2015 Listing removed $160,000 Lynchburg
Aug 20, 2014 Listed $160,000 MLS #287210
Jul 29, 2014 Listing removed $159,995 Roanoke
Jul 18, 2014 Listing removed $159,995 Lynchburg
Apr 24, 2014 Listed $159,995 MLS #284809
Apr 23, 2014 Listed $159,995 MLS #803126

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,000 $52,000 $232,000 $951
2021 $121,800 $42,000 $163,800 $819
2020 $121,800 $42,000 $163,800 $819
2019 $121,800 $42,000 $163,800 $819
2016 $108,500 $50,000 $158,500 $824
2015 $108,500 $50,000 $158,500 $824
2014 $123,500 $30,000 $153,500 $798
2013 $123,500 $30,000 $153,500 $767

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
20,038 sqft
ZIP code
24503
City
Lynchburg
Street
Gala Dr
Coordinates
37.41651, -79.28217

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
$2,376
Gross rental yield
12.53%
Implied cap rate
8.15%
Trend-extrapolated value

Frequently asked questions

When did 114 Gala Dr last sell?
114 Gala Dr most recently sold on May 27, 2022 for $227,500.
What is the current tax assessment for 114 Gala Dr?
The most recent total assessment for 114 Gala Dr (year 2025) is $232,000 with $951 in property tax.
How does 114 Gala Dr's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $227,500.
When was 114 Gala Dr built?
114 Gala Dr was built in 1995.
How does 114 Gala Dr compare to others on Gala Dr?
We track 4 other properties on Gala Dr. Browse the list under "Other properties on Gala Dr" to compare beds, baths, and sale history.
What are the property facts for 114 Gala Dr?
114 Gala Dr is a 3 bed, 2 bath, 1,584 sqft, 20,038 sqft lot single_family.
Is 114 Gala Dr a flip candidate?
No — 114 Gala Dr does not appear in our flips dataset.
Is 114 Gala Dr a tax-appeal candidate?
No — 114 Gala Dr 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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