523 Possum Island Rd
Madison Heights, VA 24572
3 bd 2 ba 1,350 sqft Built 2000 Lot 24,002 sqft mobile
Most recent sale
$150,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $150,000 | Public Record |
| Jun 14, 2022 | Listed | $139,900 | MLS #338815 |
| Apr 14, 2020 | Sold | $110,000 | Public Record |
| Apr 13, 2020 | Sold | $110,000 | Lynchburg |
| Feb 27, 2020 | Listed | $119,900 | MLS #323503 |
| Jan 23, 2020 | Sold | $59,000 | Public Record |
| Jan 22, 2020 | Sold | $59,000 | Lynchburg |
| Jan 3, 2020 | Listed | $62,000 | MLS #322604 |
| Dec 18, 2000 | Sold | $80,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $55,600 | $20,000 | $75,600 | $461 |
| 2023 | $55,600 | $20,000 | $75,600 | $461 |
| 2022 | $55,600 | $20,000 | $75,600 | $461 |
| 2021 | $55,600 | $20,000 | $75,600 | $461 |
| 2020 | $55,600 | $20,000 | $75,600 | $461 |
| 2019 | $46,700 | $26,000 | $72,700 | $443 |
| 2018 | $46,700 | $26,000 | $72,700 | $443 |
| 2017 | $46,700 | $26,000 | $72,700 | $443 |
| 2016 | $46,700 | $26,000 | $72,700 | $443 |
| 2015 | $46,700 | $26,000 | $72,700 | $407 |
| 2014 | $46,700 | $26,000 | $72,700 | $407 |
| 2013 | $48,200 | $28,500 | $76,700 | $414 |
Property facts
Year built
2000
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,350 sqft
Lot size
24,002 sqft
ZIP code
24572
City
Madison Heights
Street
Possum Island Rd
Coordinates
37.48316, -79.08965
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 523 Possum Island Rd last sell?
523 Possum Island Rd most recently sold on Jul 18, 2022 for $150,000.
What is the current tax assessment for 523 Possum Island Rd?
The most recent total assessment for 523 Possum Island Rd (year 2025) is $75,600 with $461 in property tax.
How does 523 Possum Island Rd's assessment compare to its last sale price?
The current assessment is 49.6% below the last sale price of $150,000.
When was 523 Possum Island Rd built?
523 Possum Island Rd was built in 2000.
How does 523 Possum Island Rd compare to others on Possum Island Rd?
We track 8 other properties on Possum Island Rd. Browse the list under "Other properties on Possum Island Rd" to compare beds, baths, and sale history.
What are the property facts for 523 Possum Island Rd?
523 Possum Island Rd is a 3 bed, 2 bath, 1,350 sqft, 24,002 sqft lot mobile.
Is 523 Possum Island Rd a flip candidate?
Yes — 523 Possum Island Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 523 Possum Island Rd a tax-appeal candidate?
No — 523 Possum Island Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.4%
2026 Q2
$222K
2026 Q3
$223.7K
ZIP 24572 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Possum Island Rd