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405 Meadowridge Dr

Lynchburg, VA 24503

4 bd 5 ba 4,162 sqft Built 1988 Lot 167,270 sqft single_family
Most recent sale
$590,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $590,000 Public Record
Jul 9, 2022 Listed $637,500 MLS #339318

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $477,200 $98,400 $575,600 $2,359
2021 $341,000 $88,400 $429,400 $2,147
2020 $341,000 $88,400 $429,400 $2,147
2019 $341,000 $88,400 $429,400 $2,147
2016 $333,200 $83,400 $416,600 $2,166
2015 $333,200 $83,400 $416,600 $2,166
2014 $341,100 $78,400 $419,500 $2,181
2013 $341,100 $78,400 $419,500 $2,098

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
4,162 sqft
Lot size
167,270 sqft
ZIP code
24503
City
Lynchburg
Street
Meadowridge Dr
Coordinates
37.46152, -79.27244

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
$6,243
Gross rental yield
12.70%
Implied cap rate
8.25%
Trend-extrapolated value

Frequently asked questions

When did 405 Meadowridge Dr last sell?
405 Meadowridge Dr most recently sold on Sep 26, 2022 for $590,000.
What is the current tax assessment for 405 Meadowridge Dr?
The most recent total assessment for 405 Meadowridge Dr (year 2025) is $575,600 with $2,359 in property tax.
How does 405 Meadowridge Dr's assessment compare to its last sale price?
The current assessment is 2.4% below the last sale price of $590,000.
When was 405 Meadowridge Dr built?
405 Meadowridge Dr was built in 1988.
How does 405 Meadowridge Dr compare to others on Meadowridge Dr?
We track 8 other properties on Meadowridge Dr. Browse the list under "Other properties on Meadowridge Dr" to compare beds, baths, and sale history.
What are the property facts for 405 Meadowridge Dr?
405 Meadowridge Dr is a 4 bed, 5 bath, 4,162 sqft, 167,270 sqft lot single_family.
Is 405 Meadowridge Dr a flip candidate?
No — 405 Meadowridge Dr does not appear in our flips dataset.
Is 405 Meadowridge Dr a tax-appeal candidate?
No — 405 Meadowridge 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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