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257 Rainier Rd

McGaheysville, VA 22840

5 bd 4 ba 2,408 sqft Built 2005 Lot 12,197 sqft single_family
Most recent sale
$550,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Listed $659,900 Harrisonburg
Aug 29, 2022 Sold $550,000 Harrisonburg
Jul 21, 2022 Price changed $575,000 Charlottesville
May 29, 2022 Price changed $599,995 Charlottesville
May 18, 2022 Listed $629,900 Charlottesville
Jan 30, 2001 Sold $21,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $342,100 $65,000 $407,100 $2,768
2023 $342,100 $65,000 $407,100 $2,768
2022 $342,100 $65,000 $407,100 $2,768
2021 $220,100 $65,000 $285,100 $2,109
2020 $220,100 $65,000 $285,100 $2,109
2019 $220,100 $65,000 $285,100 $2,109
2018 $220,100 $65,000 $285,100 $2,109
2017 $212,800 $65,000 $277,800 $2,055
2016 $212,800 $65,000 $277,800 $1,944
2015 $212,800 $65,000 $277,800 $1,861
2014 $210,500 $65,000 $275,500 $1,763
2013 $234,200 $65,000 $299,200 $1,914
2011 $234,200 $65,000 $299,200 $1,795

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,408 sqft
Lot size
12,197 sqft
ZIP code
22840
City
McGaheysville
Street
Rainier Rd
Coordinates
38.40502, -78.75957

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,612
Gross rental yield
7.88%
Implied cap rate
5.12%
Trend-extrapolated value

Frequently asked questions

When did 257 Rainier Rd last sell?
257 Rainier Rd most recently sold on Aug 29, 2022 for $550,000.
What is the current tax assessment for 257 Rainier Rd?
The most recent total assessment for 257 Rainier Rd (year 2025) is $407,100 with $2,768 in property tax.
How does 257 Rainier Rd's assessment compare to its last sale price?
The current assessment is 26.0% below the last sale price of $550,000.
When was 257 Rainier Rd built?
257 Rainier Rd was built in 2005.
How does 257 Rainier Rd compare to others on Rainier Rd?
We track 8 other properties on Rainier Rd. Browse the list under "Other properties on Rainier Rd" to compare beds, baths, and sale history.
What are the property facts for 257 Rainier Rd?
257 Rainier Rd is a 5 bed, 4 bath, 2,408 sqft, 12,197 sqft lot single_family.
Is 257 Rainier Rd a flip candidate?
No — 257 Rainier Rd does not appear in our flips dataset.
Is 257 Rainier Rd a tax-appeal candidate?
No — 257 Rainier 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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