320 Mill Lane Rd
Lynchburg, VA 24503
5 bd 3 ba 3,223 sqft Built 1979 Lot 103,411 sqft single_family
Most recent sale
$565,000
Sep 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $565,000 | Public Record |
| Aug 31, 2022 | Sold | $565,000 | Lynchburg |
| Jul 15, 2022 | Listed | $549,900 | MLS #339467 |
| May 31, 1995 | Sold | $205,000 | Public Record |
| Mar 30, 1978 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $498,100 | $64,700 | $562,800 | $4,727 |
| 2024 | $498,100 | $64,700 | $562,800 | $4,585 |
| 2023 | $455,500 | $59,700 | $515,200 | $4,585 |
| 2022 | $326,200 | $49,700 | $375,900 | $3,871 |
| 2021 | $326,200 | $49,700 | $375,900 | $4,172 |
| 2020 | $265,400 | $49,700 | $315,100 | $3,498 |
| 2019 | $230,600 | $49,700 | $280,300 | $3,111 |
| 2018 | $230,600 | $49,700 | $280,300 | $3,111 |
| 2017 | $230,600 | $49,700 | $280,300 | $3,111 |
| 2016 | $227,400 | $49,700 | $277,100 | $3,076 |
| 2014 | $227,400 | $49,700 | $277,100 | $3,076 |
| 2013 | $227,400 | $49,700 | $277,100 | $3,076 |
| 2012 | $236,300 | $49,700 | $286,000 | $3,175 |
| 2011 | $236,300 | $49,700 | $286,000 | $3,003 |
| 2009 | $236,300 | $49,700 | $286,000 | $3,003 |
| 2008 | $225,000 | $47,700 | $272,700 | $2,863 |
| 2006 | $225,000 | $47,700 | $272,700 | $2,719 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,223 sqft
Lot size
103,411 sqft
ZIP code
24503
City
Lynchburg
Street
Mill Lane Rd
Coordinates
37.45447, -79.23316
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,835
Gross rental yield
10.27%
Implied cap rate
6.67%
Trend-extrapolated value
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Frequently asked questions
When did 320 Mill Lane Rd last sell?
320 Mill Lane Rd most recently sold on Sep 1, 2022 for $565,000.
What is the current tax assessment for 320 Mill Lane Rd?
The most recent total assessment for 320 Mill Lane Rd (year 2025) is $562,800 with $4,727 in property tax.
How does 320 Mill Lane Rd's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $565,000.
When was 320 Mill Lane Rd built?
320 Mill Lane Rd was built in 1979.
How does 320 Mill Lane Rd compare to others on Mill Lane Rd?
We track 8 other properties on Mill Lane Rd. Browse the list under "Other properties on Mill Lane Rd" to compare beds, baths, and sale history.
What are the property facts for 320 Mill Lane Rd?
320 Mill Lane Rd is a 5 bed, 3 bath, 3,223 sqft, 103,411 sqft lot single_family.
Is 320 Mill Lane Rd a flip candidate?
No — 320 Mill Lane Rd does not appear in our flips dataset.
Is 320 Mill Lane Rd a tax-appeal candidate?
No — 320 Mill Lane Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$337.8K
2026 Q4
$333.8K
ZIP 24503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mill Lane Rd