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120 Phillips Cir

Lynchburg, VA 24502

3 bd 1 ba 919 sqft Built 1960 Lot 20,473 sqft single_family
Most recent sale
$130,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $229,000 Lynchburg
Oct 21, 2022 Listed $229,000 MLS #341069
Aug 31, 2022 Sold $130,000 Public Record
Mar 29, 1996 Sold $70,900 Public Record
Apr 6, 1992 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $197,800 $40,000 $237,800 $1,997
2024 $197,800 $40,000 $237,800 $1,870
2023 $170,200 $40,000 $210,200 $1,870
2022 $93,800 $32,000 $125,800 $1,295
2021 $93,800 $32,000 $125,800 $1,396
2020 $79,700 $32,000 $111,700 $1,240
2019 $79,700 $32,000 $111,700 $1,240
2018 $75,100 $30,000 $105,100 $1,167
2017 $75,100 $30,000 $105,100 $1,167
2016 $75,100 $25,000 $100,100 $1,111
2014 $75,100 $25,000 $100,100 $1,111
2013 $75,100 $25,000 $100,100 $1,111
2012 $79,800 $25,000 $104,800 $1,163
2011 $79,800 $25,000 $104,800 $1,100
2009 $79,800 $25,000 $104,800 $1,100
2008 $77,000 $25,000 $102,000 $1,071
2006 $77,000 $25,000 $102,000 $915

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
919 sqft
Lot size
20,473 sqft
ZIP code
24502
City
Lynchburg
Street
Phillips Cir
Coordinates
37.39092, -79.23089

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
$1,379
Gross rental yield
12.73%
Implied cap rate
8.27%
Trend-extrapolated value

Frequently asked questions

When did 120 Phillips Cir last sell?
120 Phillips Cir most recently sold on Aug 31, 2022 for $130,000.
What is the current tax assessment for 120 Phillips Cir?
The most recent total assessment for 120 Phillips Cir (year 2025) is $237,800 with $1,997 in property tax.
How does 120 Phillips Cir's assessment compare to its last sale price?
The current assessment is 82.9% above the last sale price of $130,000.
When was 120 Phillips Cir built?
120 Phillips Cir was built in 1960.
How does 120 Phillips Cir compare to others on Phillips Cir?
We track 8 other properties on Phillips Cir. Browse the list under "Other properties on Phillips Cir" to compare beds, baths, and sale history.
What are the property facts for 120 Phillips Cir?
120 Phillips Cir is a 3 bed, 1 bath, 919 sqft, 20,473 sqft lot single_family.
Is 120 Phillips Cir a flip candidate?
Yes — 120 Phillips Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 120 Phillips Cir a tax-appeal candidate?
No — 120 Phillips Cir 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast

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