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1497 Silver Creek Dr

Lynchburg, VA 24503

3 bd 4 ba 2,327 sqft Built 2006 Lot 20,038 sqft single_family
Most recent sale
$390,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $390,000 Public Record
May 13, 2022 Listed $359,900 MLS #338179
Mar 3, 2015 Listing removed $244,900 Lynchburg
Mar 2, 2015 Sold $246,000 Public Record
Nov 21, 2014 Listed $244,900 MLS #288840
Jul 20, 2012 Listing removed $248,900 Lynchburg
Jun 8, 2012 Listed $248,900 MLS #273065

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $318,100 $60,000 $378,100 $1,550
2021 $204,600 $48,000 $252,600 $1,263
2020 $204,600 $48,000 $252,600 $1,263
2019 $204,600 $48,000 $252,600 $1,263
2016 $187,700 $40,000 $227,700 $1,184
2015 $187,700 $40,000 $227,700 $1,184
2014 $193,500 $40,000 $233,500 $1,214
2013 $193,500 $40,000 $233,500 $1,168

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,327 sqft
Lot size
20,038 sqft
ZIP code
24503
City
Lynchburg
Street
Silver Creek Dr
Coordinates
37.40600, -79.26961

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
$3,491
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 1497 Silver Creek Dr last sell?
1497 Silver Creek Dr most recently sold on Jun 16, 2022 for $390,000.
What is the current tax assessment for 1497 Silver Creek Dr?
The most recent total assessment for 1497 Silver Creek Dr (year 2025) is $378,100 with $1,550 in property tax.
How does 1497 Silver Creek Dr's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $390,000.
When was 1497 Silver Creek Dr built?
1497 Silver Creek Dr was built in 2006.
How does 1497 Silver Creek Dr compare to others on Silver Creek Dr?
We track 8 other properties on Silver Creek Dr. Browse the list under "Other properties on Silver Creek Dr" to compare beds, baths, and sale history.
What are the property facts for 1497 Silver Creek Dr?
1497 Silver Creek Dr is a 3 bed, 4 bath, 2,327 sqft, 20,038 sqft lot single_family.
Is 1497 Silver Creek Dr a flip candidate?
No — 1497 Silver Creek Dr does not appear in our flips dataset.
Is 1497 Silver Creek Dr a tax-appeal candidate?
No — 1497 Silver Creek Dr 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$337.8K
2026 Q4
$333.8K
ZIP 24503 — Median Price History + Forecast

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