1407 Monroe St
Lynchburg, VA 24504
3 bd 2 ba 1,644 sqft Built 1890 Lot 4,182 sqft single_family
Most recent sale
$94,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2025 | Price changed for rent | $1,460 | RentRedi |
| Jul 11, 2025 | Listed for rent | $1,500 | RentRedi |
| Feb 7, 2024 | Price changed for rent | $1,970 | RentRedi |
| Jan 22, 2024 | Price changed for rent | $2,070 | RentRedi |
| Dec 19, 2023 | Price changed for rent | $2,300 | RentRedi |
| Dec 8, 2023 | Price changed for rent | $2,200 | RentRedi |
| Nov 7, 2023 | Listed for rent | $2,000 | RentRedi |
| Aug 8, 2023 | Price changed for rent | $1,300 | RentRedi |
| May 13, 2023 | Listed for rent | $2,200 | RentRedi |
| Feb 13, 2023 | Price changed for rent | $2,200 | RentRedi |
| Dec 9, 2022 | Listed for rent | $1,595 | AppfolioUnits |
| Dec 8, 2022 | Listed for rent | $1,595 | Zumper |
| Dec 5, 2022 | Listed for rent | $1,600 | RentRedi |
| Sep 13, 2022 | Listed for rent | $1,600 | RentRedi |
| Aug 24, 2022 | Sold | $94,000 | Public Record |
| Aug 23, 2022 | Sold | $94,000 | Lynchburg |
| Jun 19, 2022 | Price changed | $98,900 | MLS #338655 |
| Jun 7, 2022 | Listed | $105,000 | MLS #338655 |
| Oct 30, 2019 | Listed | $44,900 | MLS #321735 |
| Aug 4, 2016 | Listing removed | $34,900 | Lynchburg |
| Aug 3, 2016 | Sold | $33,000 | Public Record |
| Jun 2, 2016 | Price changed | $34,900 | MLS #296496 |
| Feb 3, 2016 | Listed | $38,000 | MLS #296496 |
| Feb 1, 2016 | Listing removed | $38,000 | Lynchburg |
| Jan 13, 2016 | Price changed | $38,000 | MLS #290963 |
| Jun 30, 2015 | Price changed | $43,000 | MLS #290963 |
| Apr 6, 2015 | Listed | $53,000 | MLS #290963 |
| Apr 3, 2000 | Sold | $27,200 | Public Record |
| Mar 6, 2000 | Sold | $20,002 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $113,800 | $15,000 | $128,800 | $1,081 |
| 2024 | $113,800 | $15,000 | $128,800 | $677 |
| 2023 | $64,100 | $12,000 | $76,100 | $677 |
| 2022 | $29,600 | $10,000 | $39,600 | $407 |
| 2021 | $29,600 | $10,000 | $39,600 | $440 |
| 2020 | $26,100 | $7,000 | $33,100 | $367 |
| 2019 | $26,100 | $7,000 | $33,100 | $367 |
| 2018 | $26,100 | $7,000 | $33,100 | $367 |
| 2017 | $26,100 | $7,000 | $33,100 | $367 |
| 2016 | $26,100 | $7,000 | $33,100 | $367 |
| 2014 | $29,700 | $2,000 | $31,700 | $352 |
| 2013 | $29,700 | $2,000 | $31,700 | $352 |
| 2012 | $29,700 | $2,000 | $31,700 | $352 |
| 2011 | $29,700 | $2,000 | $31,700 | $333 |
| 2009 | $29,700 | $2,000 | $31,700 | $333 |
| 2008 | $27,700 | $2,000 | $29,700 | $312 |
| 2006 | $27,700 | $2,000 | $29,700 | $321 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,644 sqft
Lot size
4,182 sqft
ZIP code
24504
City
Lynchburg
Street
Monroe St
Coordinates
37.40570, -79.14687
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$564
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1407 Monroe St last sell?
1407 Monroe St most recently sold on Aug 24, 2022 for $94,000.
What is the current tax assessment for 1407 Monroe St?
The most recent total assessment for 1407 Monroe St (year 2025) is $128,800 with $1,081 in property tax.
How does 1407 Monroe St's assessment compare to its last sale price?
The current assessment is 37.0% above the last sale price of $94,000.
When was 1407 Monroe St built?
1407 Monroe St was built in 1890.
How does 1407 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 1407 Monroe St?
1407 Monroe St is a 3 bed, 2 bath, 1,644 sqft, 4,182 sqft lot single_family.
Is 1407 Monroe St a flip candidate?
No — 1407 Monroe St does not appear in our flips dataset.
Is 1407 Monroe St a tax-appeal candidate?
Yes — 1407 Monroe St 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 valuationQuarterly trend
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$255.7K
2026 Q4
$254.1K
ZIP 24504 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe St