1123 Rhode Island Ave
Lynchburg, VA 24502
4 bd 2 ba 1,807 sqft Built 1920 Lot 10,890 sqft single_family
Most recent sale
$218,000
Oct 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $218,000 | MLS #892891 |
| Sep 19, 2022 | Listed | $225,000 | MLS #892891 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $208,500 | $45,000 | $253,500 | $2,129 |
| 2024 | $208,500 | $45,000 | $253,500 | $1,796 |
| 2023 | $163,800 | $38,000 | $201,800 | $1,796 |
| 2022 | $97,200 | $30,000 | $127,200 | $1,310 |
| 2021 | $97,200 | $30,000 | $127,200 | $1,412 |
| 2020 | $98,400 | $30,000 | $128,400 | $1,425 |
| 2019 | $98,400 | $30,000 | $128,400 | $1,425 |
| 2018 | $98,100 | $20,000 | $118,100 | $1,311 |
| 2017 | $98,100 | $20,000 | $118,100 | $1,311 |
| 2016 | $98,100 | $20,000 | $118,100 | $1,311 |
| 2014 | $98,100 | $20,000 | $118,100 | $1,311 |
| 2013 | $98,100 | $20,000 | $118,100 | $1,311 |
| 2012 | $98,100 | $20,000 | $118,100 | $1,311 |
| 2011 | $98,100 | $20,000 | $118,100 | $1,240 |
| 2009 | $98,100 | $20,000 | $118,100 | $1,240 |
| 2008 | $80,500 | $20,000 | $100,500 | $1,055 |
| 2006 | $80,500 | $20,000 | $100,500 | $1,071 |
Property facts
Year built
1920
Property type
single_family
Stories
4
Beds
4
Baths
2
Living area
1,807 sqft
Lot size
10,890 sqft
ZIP code
24502
City
Lynchburg
Street
Rhode Island Ave
Coordinates
37.38653, -79.17841
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
$1,308
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1123 Rhode Island Ave last sell?
1123 Rhode Island Ave most recently sold on Oct 18, 2022 for $218,000.
What is the current tax assessment for 1123 Rhode Island Ave?
The most recent total assessment for 1123 Rhode Island Ave (year 2025) is $253,500 with $2,129 in property tax.
How does 1123 Rhode Island Ave's assessment compare to its last sale price?
The current assessment is 16.3% above the last sale price of $218,000.
When was 1123 Rhode Island Ave built?
1123 Rhode Island Ave was built in 1920.
How does 1123 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 1123 Rhode Island Ave?
1123 Rhode Island Ave is a 4 bed, 2 bath, 1,807 sqft, 10,890 sqft lot single_family.
Is 1123 Rhode Island Ave a flip candidate?
No — 1123 Rhode Island Ave does not appear in our flips dataset.
Is 1123 Rhode Island Ave a tax-appeal candidate?
Yes — 1123 Rhode Island Ave 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 valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rhode Island Ave