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4425 Gorman Dr

Lynchburg, VA 24503

3 bd 3 ba 2,550 sqft Built 1955 Lot 11,631 sqft single_family
Most recent sale
$325,000
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $325,000 Public Record
Jul 14, 2022 Price changed $299,900 MLS #339277
Jul 12, 2022 Price changed $315,000 MLS #339277
Jul 7, 2022 Listed $299,900 MLS #339277
Apr 8, 2010 Listed $203,900 MLS #259011
Jan 1, 2010 Sold $202,900 Public Record
Jun 30, 2005 Sold $175,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $303,500 $57,500 $361,000 $3,032
2024 $303,500 $57,500 $361,000 $2,653
2023 $248,100 $50,000 $298,100 $2,653
2022 $159,200 $45,000 $204,200 $2,103
2021 $159,200 $45,000 $204,200 $2,267
2020 $147,500 $40,000 $187,500 $2,081
2019 $147,500 $40,000 $187,500 $2,081
2018 $144,100 $35,000 $179,100 $1,988
2017 $144,100 $35,000 $179,100 $1,988
2016 $144,100 $35,000 $179,100 $1,988
2014 $144,100 $35,000 $179,100 $1,988
2013 $144,100 $35,000 $179,100 $1,988
2012 $151,300 $35,000 $186,300 $2,068
2011 $151,300 $35,000 $186,300 $1,956
2009 $147,800 $35,000 $182,800 $1,919
2008 $142,500 $35,000 $177,500 $1,864
2006 $142,500 $35,000 $177,500 $1,312

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,550 sqft
Lot size
11,631 sqft
ZIP code
24503
City
Lynchburg
Street
Gorman Dr
Coordinates
37.44564, -79.21031

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,825
Gross rental yield
14.12%
Implied cap rate
9.18%
Trend-extrapolated value

Frequently asked questions

When did 4425 Gorman Dr last sell?
4425 Gorman Dr most recently sold on Aug 30, 2022 for $325,000.
What is the current tax assessment for 4425 Gorman Dr?
The most recent total assessment for 4425 Gorman Dr (year 2025) is $361,000 with $3,032 in property tax.
How does 4425 Gorman Dr's assessment compare to its last sale price?
The current assessment is 11.1% above the last sale price of $325,000.
When was 4425 Gorman Dr built?
4425 Gorman Dr was built in 1955.
How does 4425 Gorman Dr compare to others on Gorman Dr?
We track 4 other properties on Gorman Dr. Browse the list under "Other properties on Gorman Dr" to compare beds, baths, and sale history.
What are the property facts for 4425 Gorman Dr?
4425 Gorman Dr is a 3 bed, 3 bath, 2,550 sqft, 11,631 sqft lot single_family.
Is 4425 Gorman Dr a flip candidate?
No — 4425 Gorman Dr does not appear in our flips dataset.
Is 4425 Gorman Dr a tax-appeal candidate?
No — 4425 Gorman 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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