706 Old Graves Mill Rd
Lynchburg, VA 24502
4 bd 3 ba 1,676 sqft Built 1989 Lot 19,994 sqft single_family
Most recent sale
$249,000
Oct 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 5, 2022 | Sold | $249,000 | Public Record |
| Oct 4, 2022 | Sold | $249,000 | Lynchburg |
| Jun 27, 2022 | Price changed | $249,000 | MLS #338003 |
| May 23, 2022 | Price changed | $269,000 | MLS #338003 |
| May 14, 2022 | Price changed | $279,000 | MLS #338003 |
| May 11, 2022 | Price changed | $289,000 | MLS #338003 |
| May 3, 2022 | Listed | $299,000 | MLS #338003 |
| Apr 23, 1993 | Sold | $79,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $227,500 | $32,000 | $259,500 | $2,179 |
| 2024 | $227,500 | $32,000 | $259,500 | $1,795 |
| 2023 | $169,700 | $32,000 | $201,700 | $1,795 |
| 2022 | $121,300 | $25,000 | $146,300 | $1,506 |
| 2021 | $121,300 | $25,000 | $146,300 | $1,624 |
| 2020 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2019 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2018 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2017 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2016 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2014 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2013 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2012 | $112,900 | $25,000 | $137,900 | $1,530 |
| 2011 | $112,900 | $25,000 | $137,900 | $1,447 |
| 2009 | $112,900 | $25,000 | $137,900 | $1,447 |
| 2008 | $111,800 | $25,000 | $136,800 | $1,436 |
| 2006 | $111,800 | $25,000 | $136,800 | $1,152 |
Property facts
Year built
1989
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,676 sqft
Lot size
19,994 sqft
ZIP code
24502
City
Lynchburg
Street
Old Graves Mill Rd
Coordinates
37.36381, -79.22772
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,514
Gross rental yield
12.12%
Implied cap rate
7.88%
Trend-extrapolated value
—
Frequently asked questions
When did 706 Old Graves Mill Rd last sell?
706 Old Graves Mill Rd most recently sold on Oct 5, 2022 for $249,000.
What is the current tax assessment for 706 Old Graves Mill Rd?
The most recent total assessment for 706 Old Graves Mill Rd (year 2025) is $259,500 with $2,179 in property tax.
How does 706 Old Graves Mill Rd's assessment compare to its last sale price?
The current assessment is 4.2% above the last sale price of $249,000.
When was 706 Old Graves Mill Rd built?
706 Old Graves Mill Rd was built in 1989.
How does 706 Old Graves Mill Rd compare to others on Old Graves Mill Rd?
We track 8 other properties on Old Graves Mill Rd. Browse the list under "Other properties on Old Graves Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 706 Old Graves Mill Rd?
706 Old Graves Mill Rd is a 4 bed, 3 bath, 1,676 sqft, 19,994 sqft lot single_family.
Is 706 Old Graves Mill Rd a flip candidate?
No — 706 Old Graves Mill Rd does not appear in our flips dataset.
Is 706 Old Graves Mill Rd a tax-appeal candidate?
No — 706 Old Graves Mill 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Old Graves Mill Rd