1531 Somerset Dr
Lynchburg, VA 24503
3 bd 2 ba 1,702 sqft Built 1924 Lot 10,289 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $227,000 | $60,000 | $287,000 | $2,410 |
| 2024 | $227,000 | $60,000 | $287,000 | $1,932 |
| 2023 | $164,600 | $52,500 | $217,100 | $1,932 |
| 2022 | $147,200 | $45,000 | $192,200 | $1,979 |
| 2021 | $147,200 | $45,000 | $192,200 | $2,133 |
| 2020 | $101,600 | $45,000 | $146,600 | $1,627 |
| 2019 | $101,600 | $45,000 | $146,600 | $1,627 |
| 2018 | $92,300 | $40,000 | $132,300 | $1,468 |
| 2017 | $92,300 | $40,000 | $132,300 | $1,468 |
| 2016 | $92,300 | $32,000 | $124,300 | $1,379 |
| 2014 | $92,300 | $32,000 | $124,300 | $1,379 |
| 2013 | $92,300 | $32,000 | $124,300 | $1,379 |
| 2012 | $99,300 | $32,000 | $131,300 | $1,457 |
| 2011 | $99,300 | $32,000 | $131,300 | $1,378 |
| 2009 | $99,300 | $32,000 | $131,300 | $1,378 |
| 2008 | $98,100 | $32,000 | $130,100 | $1,366 |
| 2006 | $98,100 | $32,000 | $130,100 | $1,202 |
Property facts
Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,702 sqft
Lot size
10,289 sqft
ZIP code
24503
City
Lynchburg
Street
Somerset Dr
Coordinates
37.44025, -79.20009
Comparable properties nearby
Frequently asked questions
When did 1531 Somerset Dr last sell?
No public-record sale is on file for 1531 Somerset Dr.
What is the current tax assessment for 1531 Somerset Dr?
The most recent total assessment for 1531 Somerset Dr (year 2025) is $287,000 with $2,410 in property tax.
When was 1531 Somerset Dr built?
1531 Somerset Dr was built in 1924.
How does 1531 Somerset Dr compare to others on Somerset Dr?
We track 5 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 1531 Somerset Dr?
1531 Somerset Dr is a 3 bed, 2 bath, 1,702 sqft, 10,289 sqft lot single_family.
Is 1531 Somerset Dr a flip candidate?
No — 1531 Somerset Dr does not appear in our flips dataset.
Is 1531 Somerset Dr a tax-appeal candidate?
No — 1531 Somerset 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 Somerset Dr