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509 Mansfield Ave

Lynchburg, VA 24501

3 bd 1 ba 1,440 sqft Built 1935 Lot 4,356 sqft single_family
Most recent sale
$156,500
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2022 Sold $156,500 Public Record
Aug 1, 2022 Sold $156,500 Lynchburg
Jun 24, 2022 Relisted $150,000 MLS #337562
Apr 13, 2022 Listed $150,000 MLS #337562
Jul 16, 2021 Price changed $109,900 MLS #332517
Jul 13, 2021 Price changed $114,900 MLS #332517
Jun 29, 2021 Listed $119,900 MLS #332517
Jun 29, 2020 Sold $92,000 Public Record
Apr 30, 2020 Listed $100,000 MLS #324670
Jun 27, 2012 Sold $43,000 Public Record
Jun 18, 2012 Listing removed $49,900 Lynchburg
Feb 21, 2012 Price changed $49,900 MLS #267253
Jan 4, 2012 Price changed $55,000 MLS #267253
Jan 1, 2012 Sold $43,000 Public Record
Sep 20, 2011 Relisted $59,900 MLS #267253
Sep 18, 2011 Listing removed $62,500 Lynchburg
Sep 8, 2011 Price changed $62,500 MLS #267253
Jun 20, 2011 Listed $68,000 MLS #267253
Feb 2, 1987 Sold $33,500 Public Record
Nov 15, 1978 Sold $26,000 Public Record
May 7, 1974 Sold $20,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,200 $18,000 $160,200 $1,345
2024 $142,200 $18,000 $160,200 $1,079
2023 $109,300 $12,000 $121,300 $1,079
2022 $66,100 $4,000 $70,100 $722
2021 $66,100 $4,000 $70,100 $778
2020 $61,000 $4,000 $65,000 $721
2019 $61,000 $4,000 $65,000 $721
2018 $61,000 $4,000 $65,000 $721
2017 $61,000 $4,000 $65,000 $721
2016 $61,000 $4,000 $65,000 $721
2014 $61,000 $4,000 $65,000 $721
2013 $61,000 $4,000 $65,000 $721
2012 $61,000 $4,000 $65,000 $721
2011 $61,000 $4,000 $65,000 $682
2009 $58,900 $4,000 $62,900 $660
2008 $55,100 $4,000 $59,100 $620
2006 $55,100 $4,000 $59,100 $486

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,440 sqft
Lot size
4,356 sqft
ZIP code
24501
City
Lynchburg
Street
Mansfield Ave
Coordinates
37.39884, -79.16705

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$939
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Mansfield Ave last sell?
509 Mansfield Ave most recently sold on Aug 2, 2022 for $156,500.
What is the current tax assessment for 509 Mansfield Ave?
The most recent total assessment for 509 Mansfield Ave (year 2025) is $160,200 with $1,345 in property tax.
How does 509 Mansfield Ave's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $156,500.
When was 509 Mansfield Ave built?
509 Mansfield Ave was built in 1935.
How does 509 Mansfield Ave compare to others on Mansfield Ave?
We track 8 other properties on Mansfield Ave. Browse the list under "Other properties on Mansfield Ave" to compare beds, baths, and sale history.
What are the property facts for 509 Mansfield Ave?
509 Mansfield Ave is a 3 bed, 1 bath, 1,440 sqft, 4,356 sqft lot single_family.
Is 509 Mansfield Ave a flip candidate?
No — 509 Mansfield Ave does not appear in our flips dataset.
Is 509 Mansfield Ave a tax-appeal candidate?
No — 509 Mansfield Ave 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
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$271K
2026 Q4
$276.6K
ZIP 24501 — Median Price History + Forecast

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