1309 Gates St
Lynchburg, VA 24502
5 bd 2 ba 1,983 sqft Built 1955 Lot 13,678 sqft single_family
Most recent sale
$247,000
Sep 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 20, 2022 | Sold | $247,000 | Public Record |
| Aug 19, 2022 | Listed | $249,900 | MLS #340076 |
| Jul 12, 2021 | Sold | $140,000 | Public Record |
| May 26, 1994 | Sold | $53,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $216,900 | $35,000 | $251,900 | $2,115 |
| 2024 | $216,900 | $35,000 | $251,900 | $1,803 |
| 2023 | $172,600 | $30,000 | $202,600 | $1,803 |
| 2022 | $128,100 | $25,000 | $153,100 | $1,210 |
| 2021 | $92,500 | $25,000 | $117,500 | $1,304 |
| 2020 | $83,100 | $25,000 | $108,100 | $1,200 |
| 2019 | $83,100 | $25,000 | $108,100 | $1,200 |
| 2018 | $79,700 | $20,000 | $99,700 | $1,107 |
| 2017 | $79,700 | $20,000 | $99,700 | $1,107 |
| 2016 | $79,700 | $20,000 | $99,700 | $1,107 |
| 2014 | $79,700 | $20,000 | $99,700 | $1,107 |
| 2013 | $79,700 | $20,000 | $99,700 | $1,107 |
| 2012 | $81,400 | $20,000 | $101,400 | $1,126 |
| 2011 | $81,400 | $20,000 | $101,400 | $1,065 |
| 2009 | $81,400 | $20,000 | $101,400 | $1,065 |
| 2008 | $77,700 | $16,000 | $93,700 | $984 |
| 2006 | $77,700 | $16,000 | $93,700 | $760 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
1,983 sqft
Lot size
13,678 sqft
ZIP code
24502
City
Lynchburg
Street
Gates St
Coordinates
37.37834, -79.18119
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,482
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1309 Gates St last sell?
1309 Gates St most recently sold on Sep 20, 2022 for $247,000.
What is the current tax assessment for 1309 Gates St?
The most recent total assessment for 1309 Gates St (year 2025) is $251,900 with $2,115 in property tax.
How does 1309 Gates St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $247,000.
When was 1309 Gates St built?
1309 Gates St was built in 1955.
How does 1309 Gates St compare to others on Gates St?
We track 8 other properties on Gates St. Browse the list under "Other properties on Gates St" to compare beds, baths, and sale history.
What are the property facts for 1309 Gates St?
1309 Gates St is a 5 bed, 2 bath, 1,983 sqft, 13,678 sqft lot single_family.
Is 1309 Gates St a flip candidate?
Yes — 1309 Gates St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1309 Gates St a tax-appeal candidate?
No — 1309 Gates 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gates St