1502 Ramsgate Ln
Lynchburg, VA 24501
4 bd 1,565 sqft Built 1974 Lot 25,727 sqft multi_family
Most recent sale
$350,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $350,000 | Public Record |
| Jun 20, 2022 | Listed | $249,000 | MLS #338967 |
| Jan 2, 2019 | Relisted | $139,900 | MLS #312586 |
| Jun 20, 2018 | Listed | $139,900 | MLS #312586 |
| Jan 2, 2013 | Sold | $230,000 | Public Record |
| Jan 1, 2013 | Sold | $230,000 | Public Record |
| Aug 1, 2012 | Sold | $152,000 | Public Record |
| May 23, 2012 | Sold | $140,000 | Public Record |
| Jan 1, 2012 | Sold | $152,000 | Public Record |
| Mar 10, 2008 | Sold | $210,000 | Public Record |
| Jan 1, 2008 | Sold | $210,000 | Public Record |
| Apr 5, 1978 | Sold | $69,000 | Public Record |
| Jul 20, 1976 | Sold | $63,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $174,000 | $35,000 | $209,000 | $1,755 |
| 2024 | $174,000 | $35,000 | $209,000 | $1,651 |
| 2023 | $153,600 | $32,000 | $185,600 | $1,651 |
| 2022 | $90,100 | $27,000 | $117,100 | $1,206 |
| 2021 | $90,100 | $27,000 | $117,100 | $1,300 |
| 2020 | $88,400 | $27,000 | $115,400 | $1,281 |
| 2019 | $88,400 | $27,000 | $115,400 | $1,281 |
| 2018 | $84,300 | $25,000 | $109,300 | $1,213 |
| 2017 | $84,300 | $25,000 | $109,300 | $1,213 |
| 2016 | $84,300 | $25,000 | $109,300 | $1,213 |
| 2014 | $84,300 | $25,000 | $109,300 | $1,213 |
| 2013 | $84,300 | $25,000 | $109,300 | $1,213 |
| 2012 | $87,100 | $25,000 | $112,100 | $1,244 |
| 2011 | $87,100 | $25,000 | $112,100 | $1,177 |
| 2009 | $96,600 | $25,000 | $121,600 | $1,277 |
| 2008 | $78,900 | $20,000 | $98,900 | $1,038 |
| 2006 | $78,900 | $20,000 | $98,900 | $889 |
Property facts
Year built
1974
Property type
multi_family
Stories
—
Beds
4
Baths
—
Living area
1,565 sqft
Lot size
25,727 sqft
ZIP code
24501
City
Lynchburg
Street
Ramsgate Ln
Coordinates
37.41659, -79.22348
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
$2,348
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value
—
Frequently asked questions
When did 1502 Ramsgate Ln last sell?
1502 Ramsgate Ln most recently sold on Jul 29, 2022 for $350,000.
What is the current tax assessment for 1502 Ramsgate Ln?
The most recent total assessment for 1502 Ramsgate Ln (year 2025) is $209,000 with $1,755 in property tax.
How does 1502 Ramsgate Ln's assessment compare to its last sale price?
The current assessment is 40.3% below the last sale price of $350,000.
When was 1502 Ramsgate Ln built?
1502 Ramsgate Ln was built in 1974.
How does 1502 Ramsgate Ln compare to others on Ramsgate Ln?
We track 8 other properties on Ramsgate Ln. Browse the list under "Other properties on Ramsgate Ln" to compare beds, baths, and sale history.
What are the property facts for 1502 Ramsgate Ln?
1502 Ramsgate Ln is a 4 bed, 1,565 sqft, 25,727 sqft lot multi_family.
Is 1502 Ramsgate Ln a flip candidate?
No — 1502 Ramsgate Ln does not appear in our flips dataset.
Is 1502 Ramsgate Ln a tax-appeal candidate?
No — 1502 Ramsgate Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$271K
2026 Q4
$276.6K
ZIP 24501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ramsgate Ln