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213 Margate Dr

Lynchburg, VA 24502

2 bd 3 ba 1,600 sqft Built 2005 Lot 1,568 sqft townhomes
Most recent sale
$235,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 29, 2026 Listed $274,900 Lynchburg
Jun 29, 2022 Sold $235,000 Public Record
Jun 28, 2022 Sold $235,000 Lynchburg
May 6, 2022 Listed $234,900 MLS #338062
Apr 24, 2009 Listing removed $160,000 Lynchburg
Feb 24, 2009 Listed $163,000 MLS #247591
Jan 23, 2006 Sold $164,917 Public Record
Jan 1, 2006 Sold $164,917 Public Record
Aug 31, 2005 Sold $416,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $255,200 $24,500 $279,700 $2,349
2024 $255,200 $24,500 $279,700 $2,205
2023 $223,300 $24,500 $247,800 $2,205
2022 $144,500 $24,500 $169,000 $1,740
2021 $144,500 $24,500 $169,000 $1,876
2020 $132,400 $24,500 $156,900 $1,741
2019 $132,400 $24,500 $156,900 $1,741
2018 $122,200 $24,500 $146,700 $1,628
2017 $122,200 $24,500 $146,700 $1,628
2016 $122,200 $24,500 $146,700 $1,628
2014 $122,200 $24,500 $146,700 $1,628
2013 $122,200 $24,500 $146,700 $1,628
2012 $131,300 $24,500 $155,800 $1,729
2011 $131,300 $24,500 $155,800 $1,635
2009 $137,300 $24,500 $161,800 $1,698
2008 $137,300 $24,500 $161,800 $1,698
2006 $137,300 $24,500 $161,800 $1,526

Property facts

Year built
2005
Property type
townhomes
Stories
3
Beds
2
Baths
3
Living area
1,600 sqft
Lot size
1,568 sqft
ZIP code
24502
City
Lynchburg
Street
Margate Dr
Coordinates
37.35855, -79.23867

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,400
Gross rental yield
12.26%
Implied cap rate
7.97%
Trend-extrapolated value

Frequently asked questions

When did 213 Margate Dr last sell?
213 Margate Dr most recently sold on Jun 29, 2022 for $235,000.
What is the current tax assessment for 213 Margate Dr?
The most recent total assessment for 213 Margate Dr (year 2025) is $279,700 with $2,349 in property tax.
How does 213 Margate Dr's assessment compare to its last sale price?
The current assessment is 19.0% above the last sale price of $235,000.
When was 213 Margate Dr built?
213 Margate Dr was built in 2005.
How does 213 Margate Dr compare to others on Margate Dr?
We track 8 other properties on Margate Dr. Browse the list under "Other properties on Margate Dr" to compare beds, baths, and sale history.
What are the property facts for 213 Margate Dr?
213 Margate Dr is a 2 bed, 3 bath, 1,600 sqft, 1,568 sqft lot townhomes.
Is 213 Margate Dr a flip candidate?
No — 213 Margate Dr does not appear in our flips dataset.
Is 213 Margate Dr a tax-appeal candidate?
Yes — 213 Margate Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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