1123 Prater Ln
Marion, VA 24354
4 bd 3 ba 2,217 sqft Built 1977 Lot 19,376 sqft single_family
Most recent sale
$261,000
Apr 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2024 | Sold | $261,000 | SouthWestVA |
| Dec 8, 2023 | Price changed | $274,900 | SouthWestVA |
| Oct 3, 2023 | Listed | $279,900 | SouthWestVA |
| May 20, 2022 | Sold | $234,000 | Public Record |
| Mar 21, 2022 | Listed | $240,000 | MLS #81948 |
| Jul 22, 2013 | Sold | $145,000 | Public Record |
| Jul 20, 2013 | Listing removed | $142,900 | SouthWestVA |
| Jun 10, 2013 | Listed | $142,900 | MLS #42267 |
| Sep 13, 2012 | Listing removed | $156,900 | SouthWestVA |
| Mar 7, 2012 | Listed | $156,900 | MLS #36872 |
| May 5, 2010 | Listing removed | $169,900 | SouthWestVA |
| Oct 26, 2009 | Listed | $169,900 | MLS #27270 |
| Oct 17, 2009 | Listing removed | $169,900 | SouthWestVA |
| Jul 28, 2009 | Price changed | $169,900 | MLS #24970 |
| Apr 13, 2009 | Listed | $179,900 | MLS #24970 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $210,300 | $24,000 | $234,300 | $1,382 |
| 2024 | $210,300 | $24,000 | $234,300 | $1,382 |
| 2023 | $123,400 | $20,000 | $143,400 | $1,061 |
| 2022 | $123,400 | $20,000 | $143,400 | $1,061 |
| 2021 | $123,400 | $20,000 | $143,400 | $1,061 |
| 2020 | $123,400 | $20,000 | $143,400 | $1,061 |
| 2019 | $104,000 | $20,000 | $124,000 | $918 |
| 2018 | $104,000 | $20,000 | $124,000 | $918 |
| 2017 | $104,000 | $20,000 | $124,000 | $918 |
| 2016 | $104,000 | $20,000 | $124,000 | $918 |
| 2015 | $104,000 | $20,000 | $124,000 | $918 |
| 2014 | $104,000 | $20,000 | $124,000 | $918 |
| 2013 | $104,000 | $20,000 | $124,000 | $918 |
| 2012 | $105,800 | $20,000 | $125,800 | $931 |
| 2010 | $105,800 | $20,000 | $125,800 | $868 |
Property facts
Year built
1977
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,217 sqft
Lot size
19,376 sqft
ZIP code
24354
City
Marion
Street
Prater Ln
Coordinates
36.85180, -81.51494
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,566
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1123 Prater Ln last sell?
1123 Prater Ln most recently sold on Apr 15, 2024 for $261,000.
What is the current tax assessment for 1123 Prater Ln?
The most recent total assessment for 1123 Prater Ln (year 2025) is $234,300 with $1,382 in property tax.
How does 1123 Prater Ln's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $261,000.
When was 1123 Prater Ln built?
1123 Prater Ln was built in 1977.
How does 1123 Prater Ln compare to others on Prater Ln?
We track 8 other properties on Prater Ln. Browse the list under "Other properties on Prater Ln" to compare beds, baths, and sale history.
What are the property facts for 1123 Prater Ln?
1123 Prater Ln is a 4 bed, 3 bath, 2,217 sqft, 19,376 sqft lot single_family.
Is 1123 Prater Ln a flip candidate?
No — 1123 Prater Ln does not appear in our flips dataset.
Is 1123 Prater Ln a tax-appeal candidate?
No — 1123 Prater Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$196.9K
2026 Q4
$199.6K
ZIP 24354 — Median Price History + Forecast
Explore nearby
Geography
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