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1512 Lockewood Dr

Lynchburg, VA 24502

3 bd 3 ba 2,189 sqft Built 1960 Lot 61,903 sqft single_family
Most recent sale
$370,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 3, 2024 Sold $400,000 Lynchburg
May 21, 2024 Listed $409,990 Lynchburg
Jul 29, 2022 Sold $370,000 Public Record
Jul 15, 2022 Listed $297,700 MLS #339436

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $344,100 $40,000 $384,100 $3,226
2024 $344,100 $40,000 $384,100 $2,952
2023 $295,700 $36,000 $331,700 $2,952
2022 $140,600 $30,000 $170,600 $1,757
2021 $140,600 $30,000 $170,600 $1,894
2020 $124,900 $30,000 $154,900 $1,719
2019 $124,900 $30,000 $154,900 $1,719
2018 $124,900 $27,000 $151,900 $1,686
2017 $124,900 $27,000 $151,900 $1,686
2016 $122,200 $25,000 $147,200 $1,634
2014 $122,200 $25,000 $147,200 $1,634
2013 $122,200 $25,000 $147,200 $1,634
2012 $122,200 $25,000 $147,200 $1,634
2011 $122,200 $25,000 $147,200 $1,546
2009 $106,600 $25,000 $131,600 $1,382
2008 $103,900 $25,000 $128,900 $1,353
2006 $103,900 $25,000 $128,900 $1,153

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,189 sqft
Lot size
61,903 sqft
ZIP code
24502
City
Lynchburg
Street
Lockewood Dr
Coordinates
37.35478, -79.23651

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
$3,284
Gross rental yield
10.65%
Implied cap rate
6.92%
Trend-extrapolated value

Frequently asked questions

When did 1512 Lockewood Dr last sell?
1512 Lockewood Dr most recently sold on Jul 29, 2022 for $370,000.
What is the current tax assessment for 1512 Lockewood Dr?
The most recent total assessment for 1512 Lockewood Dr (year 2025) is $384,100 with $3,226 in property tax.
How does 1512 Lockewood Dr's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $370,000.
When was 1512 Lockewood Dr built?
1512 Lockewood Dr was built in 1960.
How does 1512 Lockewood Dr compare to others on Lockewood Dr?
We track 8 other properties on Lockewood Dr. Browse the list under "Other properties on Lockewood Dr" to compare beds, baths, and sale history.
What are the property facts for 1512 Lockewood Dr?
1512 Lockewood Dr is a 3 bed, 3 bath, 2,189 sqft, 61,903 sqft lot single_family.
Is 1512 Lockewood Dr a flip candidate?
No — 1512 Lockewood Dr does not appear in our flips dataset.
Is 1512 Lockewood Dr a tax-appeal candidate?
No — 1512 Lockewood 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast

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