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4872 Palmer Rd

McGaheysville, VA 22840

4 bd 4 ba 2,910 sqft Built 1994 Lot 14,810 sqft single_family
Most recent sale
$365,000
Mar 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2024 Sold $525,000 Harrisonburg
Feb 22, 2024 Price changed $549,500 BrightMLS
Jan 25, 2024 Listing removed Charlottesville
Jan 22, 2024 Price changed $595,000 Harrisonburg
Jan 17, 2024 Listed $615,000 BrightMLS
Jan 13, 2024 Listed $615,000 Harrisonburg
Mar 30, 2021 Sold $365,000 Charlottesville
Feb 2, 2021 Listing removed Harrisonburg
Jan 14, 2021 Listed $365,000 Harrisonburg
Oct 22, 2003 Sold $123,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $274,000 $55,000 $329,000 $2,237
2023 $274,000 $55,000 $329,000 $2,237
2022 $274,000 $55,000 $329,000 $2,237
2021 $149,600 $55,000 $204,600 $1,514
2020 $149,600 $55,000 $204,600 $1,514
2019 $149,600 $55,000 $204,600 $1,514
2018 $149,600 $55,000 $204,600 $1,514
2017 $146,200 $55,000 $201,200 $1,488
2016 $146,200 $55,000 $201,200 $1,408
2015 $146,200 $55,000 $201,200 $1,348
2014 $146,200 $55,000 $201,200 $1,287
2013 $149,600 $55,000 $204,600 $1,309
2011 $148,200 $55,000 $203,200 $1,227

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,910 sqft
Lot size
14,810 sqft
ZIP code
22840
City
McGaheysville
Street
Palmer Rd
Coordinates
38.42211, -78.73849

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,365
Gross rental yield
14.35%
Implied cap rate
9.33%
Trend-extrapolated value

Frequently asked questions

When did 4872 Palmer Rd last sell?
4872 Palmer Rd most recently sold on Mar 30, 2021 for $365,000.
What is the current tax assessment for 4872 Palmer Rd?
The most recent total assessment for 4872 Palmer Rd (year 2025) is $329,000 with $2,237 in property tax.
How does 4872 Palmer Rd's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $365,000.
When was 4872 Palmer Rd built?
4872 Palmer Rd was built in 1994.
How does 4872 Palmer Rd compare to others on Palmer Rd?
We track 8 other properties on Palmer Rd. Browse the list under "Other properties on Palmer Rd" to compare beds, baths, and sale history.
What are the property facts for 4872 Palmer Rd?
4872 Palmer Rd is a 4 bed, 4 bath, 2,910 sqft, 14,810 sqft lot single_family.
Is 4872 Palmer Rd a flip candidate?
No — 4872 Palmer Rd does not appear in our flips dataset.
Is 4872 Palmer Rd a tax-appeal candidate?
No — 4872 Palmer 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
-6.1%
Implied 1-yr
-24.3%
2026 Q3
$137.8K
2026 Q4
$124K
ZIP 22840 — Median Price History + Forecast

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