556 Good Hope Church Rd
Madison, VA 22709
3 bd 2 ba 2,668 sqft Built 2004 Lot 964,854 sqft farm
Most recent sale
$730,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2022 | Sold | $730,000 | MLS #VAMA2000470 |
| Mar 29, 2022 | Listed | $725,000 | MLS #628227 |
| Mar 28, 2022 | Listed | $725,000 | MLS #VAMA2000470 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $439,800 | $387,500 | $827,300 | $4,149 |
| 2023 | $285,000 | $220,000 | $505,000 | $2,739 |
| 2022 | $285,000 | $220,000 | $505,000 | $2,739 |
| 2021 | $285,000 | $220,000 | $505,000 | $2,739 |
| 2020 | $285,000 | $220,000 | $505,000 | $2,628 |
| 2019 | $285,000 | $220,000 | $505,000 | $2,591 |
| 2018 | $231,100 | $233,300 | $464,400 | $2,069 |
| 2017 | $231,100 | $143,000 | $374,100 | $2,029 |
| 2016 | $231,100 | $143,000 | $374,100 | $2,029 |
| 2014 | $231,100 | $143,000 | $374,100 | $2,029 |
| 2013 | $231,100 | $67,300 | $298,400 | $1,999 |
| 2012 | $276,000 | $96,300 | $372,300 | $1,973 |
| 2011 | $276,000 | $180,000 | $456,000 | $1,862 |
| 2010 | $276,000 | $180,000 | $456,000 | $1,638 |
| 2009 | $276,000 | $180,000 | $456,000 | $1,638 |
Property facts
Year built
2004
Property type
farm
Stories
2
Beds
3
Baths
2
Living area
2,668 sqft
Lot size
964,854 sqft
ZIP code
22709
City
Madison
Street
Good Hope Church Rd
Coordinates
38.31436, -78.22666
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,002
Gross rental yield
6.58%
Implied cap rate
4.28%
Trend-extrapolated value
—
Frequently asked questions
When did 556 Good Hope Church Rd last sell?
556 Good Hope Church Rd most recently sold on May 19, 2022 for $730,000.
What is the current tax assessment for 556 Good Hope Church Rd?
The most recent total assessment for 556 Good Hope Church Rd (year 2025) is $827,300 with $4,149 in property tax.
How does 556 Good Hope Church Rd's assessment compare to its last sale price?
The current assessment is 13.3% above the last sale price of $730,000.
When was 556 Good Hope Church Rd built?
556 Good Hope Church Rd was built in 2004.
How does 556 Good Hope Church Rd compare to others on Good Hope Church Rd?
We do not currently track other properties on Good Hope Church Rd.
What are the property facts for 556 Good Hope Church Rd?
556 Good Hope Church Rd is a 3 bed, 2 bath, 2,668 sqft, 964,854 sqft lot farm.
Is 556 Good Hope Church Rd a flip candidate?
No — 556 Good Hope Church Rd does not appear in our flips dataset.
Is 556 Good Hope Church Rd a tax-appeal candidate?
No — 556 Good Hope Church 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
+1.4%
Implied 1-yr
+5.7%
2026 Q2
$380.5K
2026 Q3
$385.4K
ZIP 22709 — Median Price History + Forecast
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Geography