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700 Polk St

Lynchburg, VA 24504

3 bd 2 ba 2,692 sqft Built 1870 Lot 10,890 sqft single_family
Most recent sale
$119,900
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $119,900 Public Record
May 20, 2022 Price changed $119,900 MLS #337933
May 4, 2022 Price changed $130,000 MLS #337933
Apr 29, 2022 Listed $160,000 MLS #337933

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,200 $18,000 $181,200 $1,522
2024 $163,200 $18,000 $181,200 $805
2023 $73,700 $16,800 $90,500 $805
2022 $63,700 $12,000 $75,700 $779
2021 $63,700 $12,000 $75,700 $840
2020 $50,900 $12,000 $62,900 $698
2019 $50,900 $12,000 $62,900 $698
2018 $49,100 $12,000 $61,100 $678
2017 $49,100 $12,000 $61,100 $678
2016 $49,100 $12,000 $61,100 $678
2014 $59,900 $3,000 $62,900 $698
2013 $59,900 $3,000 $62,900 $698
2012 $59,900 $3,000 $62,900 $698
2011 $59,900 $3,000 $62,900 $660
2009 $59,900 $3,000 $62,900 $660
2008 $39,400 $3,000 $42,400 $445
2006 $39,400 $3,000 $42,400 $466

Property facts

Year built
1870
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,692 sqft
Lot size
10,890 sqft
ZIP code
24504
City
Lynchburg
Street
Polk St
Coordinates
37.41244, -79.15070

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
$719
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 700 Polk St last sell?
700 Polk St most recently sold on Jul 15, 2022 for $119,900.
What is the current tax assessment for 700 Polk St?
The most recent total assessment for 700 Polk St (year 2025) is $181,200 with $1,522 in property tax.
How does 700 Polk St's assessment compare to its last sale price?
The current assessment is 51.1% above the last sale price of $119,900.
When was 700 Polk St built?
700 Polk St was built in 1870.
How does 700 Polk St compare to others on Polk St?
We track 8 other properties on Polk St. Browse the list under "Other properties on Polk St" to compare beds, baths, and sale history.
What are the property facts for 700 Polk St?
700 Polk St is a 3 bed, 2 bath, 2,692 sqft, 10,890 sqft lot single_family.
Is 700 Polk St a flip candidate?
No — 700 Polk St does not appear in our flips dataset.
Is 700 Polk St a tax-appeal candidate?
Yes — 700 Polk 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 valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$255.7K
2026 Q4
$254.1K
ZIP 24504 — Median Price History + Forecast

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