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1122 Rhode Island Ave

Lynchburg, VA 24502

2 bd 1 ba 1,206 sqft Built 1900 Lot 11,617 sqft single_family
Most recent sale
$201,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $201,000 Public Record
Sep 1, 2022 Listed $195,000 MLS #339996
Sep 13, 2019 Sold $144,900 Public Record
Aug 1, 2019 Listed $144,900 MLS #320098
Sep 2, 2014 Sold $124,000 Public Record
Sep 30, 1992 Sold $58,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,500 $45,000 $212,500 $1,785
2024 $167,500 $45,000 $212,500 $1,514
2023 $132,200 $38,000 $170,200 $1,514
2022 $113,800 $30,000 $143,800 $1,481
2021 $113,800 $30,000 $143,800 $1,596
2020 $92,600 $30,000 $122,600 $1,361
2019 $92,600 $30,000 $122,600 $1,361
2018 $90,400 $20,000 $110,400 $1,225
2017 $90,400 $20,000 $110,400 $1,225
2016 $90,400 $20,000 $110,400 $1,225
2014 $84,000 $20,000 $104,000 $1,154
2013 $84,000 $20,000 $104,000 $1,154
2012 $84,000 $20,000 $104,000 $1,154
2011 $84,000 $20,000 $104,000 $1,092
2009 $84,000 $20,000 $104,000 $1,092
2008 $71,000 $20,000 $91,000 $956
2006 $71,000 $20,000 $91,000 $854

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,206 sqft
Lot size
11,617 sqft
ZIP code
24502
City
Lynchburg
Street
Rhode Island Ave
Coordinates
37.38700, -79.17806

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
$1,809
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 1122 Rhode Island Ave last sell?
1122 Rhode Island Ave most recently sold on Oct 4, 2022 for $201,000.
What is the current tax assessment for 1122 Rhode Island Ave?
The most recent total assessment for 1122 Rhode Island Ave (year 2025) is $212,500 with $1,785 in property tax.
How does 1122 Rhode Island Ave's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $201,000.
When was 1122 Rhode Island Ave built?
1122 Rhode Island Ave was built in 1900.
How does 1122 Rhode Island Ave compare to others on Rhode Island Ave?
We track 8 other properties on Rhode Island Ave. Browse the list under "Other properties on Rhode Island Ave" to compare beds, baths, and sale history.
What are the property facts for 1122 Rhode Island Ave?
1122 Rhode Island Ave is a 2 bed, 1 bath, 1,206 sqft, 11,617 sqft lot single_family.
Is 1122 Rhode Island Ave a flip candidate?
No — 1122 Rhode Island Ave does not appear in our flips dataset.
Is 1122 Rhode Island Ave a tax-appeal candidate?
No — 1122 Rhode Island Ave 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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