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983 Coolwell Rd

Madison Heights, VA 24572

3 bd 2 ba 1,490 sqft Built 1979 Lot 29,185 sqft single_family
Most recent sale
$220,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $220,000 Public Record
Aug 5, 2022 Sold $220,000 Lynchburg
Jun 28, 2022 Listed $209,900 MLS #339060
Mar 15, 2013 Sold $135,000 Public Record
Dec 19, 2012 Listing removed $138,900 Lynchburg
Nov 21, 2012 Price changed $138,900 MLS #273999
Sep 17, 2012 Price changed $144,900 MLS #273999
Aug 7, 2012 Listed $149,900 MLS #273999
Jan 3, 2011 Sold $118,500 Public Record
Dec 16, 2010 Listing removed $119,500 Lynchburg
Nov 11, 2010 Price changed $119,500 MLS #262782
Nov 10, 2010 Price changed $119,900 MLS #262782
Oct 7, 2010 Listed $129,900 MLS #262782

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,500 $20,000 $125,500 $765
2023 $105,500 $20,000 $125,500 $765
2022 $105,500 $20,000 $125,500 $765
2021 $105,500 $20,000 $125,500 $766
2020 $105,500 $20,000 $125,500 $766
2019 $95,900 $26,000 $121,900 $744
2018 $95,900 $26,000 $121,900 $744
2017 $95,900 $26,000 $121,900 $744
2016 $95,900 $26,000 $121,900 $744
2015 $95,900 $26,000 $121,900 $683
2014 $95,900 $26,000 $121,900 $683
2013 $90,300 $26,000 $116,300 $628

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,490 sqft
Lot size
29,185 sqft
ZIP code
24572
City
Madison Heights
Street
Coolwell Rd
Coordinates
37.50985, -79.08994

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,235
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 983 Coolwell Rd last sell?
983 Coolwell Rd most recently sold on Aug 8, 2022 for $220,000.
What is the current tax assessment for 983 Coolwell Rd?
The most recent total assessment for 983 Coolwell Rd (year 2025) is $125,500 with $765 in property tax.
How does 983 Coolwell Rd's assessment compare to its last sale price?
The current assessment is 43.0% below the last sale price of $220,000.
When was 983 Coolwell Rd built?
983 Coolwell Rd was built in 1979.
How does 983 Coolwell Rd compare to others on Coolwell Rd?
We track 8 other properties on Coolwell Rd. Browse the list under "Other properties on Coolwell Rd" to compare beds, baths, and sale history.
What are the property facts for 983 Coolwell Rd?
983 Coolwell Rd is a 3 bed, 2 bath, 1,490 sqft, 29,185 sqft lot single_family.
Is 983 Coolwell Rd a flip candidate?
No — 983 Coolwell Rd does not appear in our flips dataset.
Is 983 Coolwell Rd a tax-appeal candidate?
No — 983 Coolwell Rd 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
+0.8%
Implied 1-yr
+3.4%
2026 Q2
$222K
2026 Q3
$223.7K
ZIP 24572 — Median Price History + Forecast

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