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303 Millwheel Ct

Lynchburg, VA 24503

2 bd 2 ba 1,628 sqft Built 1988 Lot 3,049 sqft townhomes
Most recent sale
$122,500
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $122,500 Public Record
Feb 23, 2022 Listed $119,900 MLS #336596
Dec 13, 2016 Sold $93,400 Public Record
Dec 12, 2016 Listing removed $89,900 Lynchburg
Oct 7, 2016 Price changed $89,900 MLS #300100
Sep 19, 2016 Price changed $93,900 MLS #300100
Aug 30, 2016 Price changed $97,900 MLS #300100
Jul 25, 2016 Listed $99,900 MLS #300100

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $107,300 $18,000 $125,300 $513
2021 $80,700 $18,000 $98,700 $494
2020 $80,700 $18,000 $98,700 $493
2019 $80,700 $18,000 $98,700 $493
2016 $70,300 $20,000 $90,300 $469
2015 $70,300 $20,000 $90,300 $469
2014 $70,300 $20,000 $90,300 $469
2013 $70,300 $20,000 $90,300 $451

Property facts

Year built
1988
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,628 sqft
Lot size
3,049 sqft
ZIP code
24503
City
Lynchburg
Street
Millwheel Ct
Coordinates
37.40918, -79.26287

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
$735
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 303 Millwheel Ct last sell?
303 Millwheel Ct most recently sold on Apr 8, 2022 for $122,500.
What is the current tax assessment for 303 Millwheel Ct?
The most recent total assessment for 303 Millwheel Ct (year 2025) is $125,300 with $513 in property tax.
How does 303 Millwheel Ct's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $122,500.
When was 303 Millwheel Ct built?
303 Millwheel Ct was built in 1988.
How does 303 Millwheel Ct compare to others on Millwheel Ct?
We track 8 other properties on Millwheel Ct. Browse the list under "Other properties on Millwheel Ct" to compare beds, baths, and sale history.
What are the property facts for 303 Millwheel Ct?
303 Millwheel Ct is a 2 bed, 2 bath, 1,628 sqft, 3,049 sqft lot townhomes.
Is 303 Millwheel Ct a flip candidate?
No — 303 Millwheel Ct does not appear in our flips dataset.
Is 303 Millwheel Ct a tax-appeal candidate?
No — 303 Millwheel Ct 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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