425 Preserve Dr
Lynchburg, VA 24503
3 bd 3 ba 3,822 sqft Built 2018 Lot 12,545 sqft single_family
Most recent sale
$660,000
Jul 1, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 28, 2022 | Sold | $700,000 | Lynchburg |
| Oct 6, 2022 | Listed | $769,000 | MLS #340835 |
| Jul 1, 2021 | Sold | $660,000 | Public Record |
| Jun 30, 2021 | Sold | $660,000 | Lynchburg |
| May 26, 2021 | Listed | $689,000 | MLS #331766 |
| Mar 20, 2018 | Sold | $622,405 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $598,200 | $100,000 | $698,200 | $5,864 |
| 2024 | $598,200 | $100,000 | $698,200 | $5,632 |
| 2023 | $537,900 | $95,000 | $632,900 | $5,632 |
| 2022 | $508,200 | $95,000 | $603,200 | $6,212 |
| 2021 | $508,200 | $95,000 | $603,200 | $6,696 |
| 2020 | $466,200 | $95,000 | $561,200 | $6,229 |
| 2019 | $466,200 | $95,000 | $561,200 | $6,229 |
| 2018 | $466,200 | $85,000 | $551,200 | $6,104 |
| 2017 | — | $85,000 | $85,000 | $944 |
| 2016 | — | $85,000 | $85,000 | $944 |
Property facts
Year built
2018
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,822 sqft
Lot size
12,545 sqft
ZIP code
24503
City
Lynchburg
Street
Preserve Dr
Coordinates
37.43418, -79.19091
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,733
Gross rental yield
10.42%
Implied cap rate
6.78%
Trend-extrapolated value
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Frequently asked questions
When did 425 Preserve Dr last sell?
425 Preserve Dr most recently sold on Jul 1, 2021 for $660,000.
What is the current tax assessment for 425 Preserve Dr?
The most recent total assessment for 425 Preserve Dr (year 2025) is $698,200 with $5,864 in property tax.
How does 425 Preserve Dr's assessment compare to its last sale price?
The current assessment is 5.8% above the last sale price of $660,000.
When was 425 Preserve Dr built?
425 Preserve Dr was built in 2018.
How does 425 Preserve Dr compare to others on Preserve Dr?
We track 8 other properties on Preserve Dr. Browse the list under "Other properties on Preserve Dr" to compare beds, baths, and sale history.
What are the property facts for 425 Preserve Dr?
425 Preserve Dr is a 3 bed, 3 bath, 3,822 sqft, 12,545 sqft lot single_family.
Is 425 Preserve Dr a flip candidate?
No — 425 Preserve Dr does not appear in our flips dataset.
Is 425 Preserve Dr a tax-appeal candidate?
No — 425 Preserve Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$337.8K
2026 Q4
$333.8K
ZIP 24503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Preserve Dr