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508 Long Island Dr

Moneta, VA 24121

3 bd 3 ba 2,376 sqft Built 1989 Lot 44,431 sqft single_family
Most recent sale
$640,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2024 Listed for rent $5,000 TurboTenant
Dec 11, 2023 Price changed for rent $2,500 TurboTenant
Dec 4, 2023 Listed for rent $2,600 TurboTenant
Nov 13, 2023 Price changed for rent $2,600 TurboTenant
Oct 30, 2023 Listed for rent $2,750 TurboTenant
Aug 9, 2023 Price changed for rent $2,995 TurboTenant
Jul 25, 2023 Listed for rent $3,000 TurboTenant
Apr 19, 2023 Listed for rent $2,995 Zumper
Apr 18, 2023 Listed for rent $2,995 TurboTenant
Mar 17, 2023 Listed for rent $3,000 Roanoke
Nov 1, 2022 Listed for rent $2,650 Roanoke
Aug 27, 2022 Listed for rent $2,650 Roanoke
Jul 21, 2022 Sold $640,000 MLS #890899
Jun 30, 2022 Listed $600,000 MLS #890899

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,500 $54,000 $55,500 $238
2023 $1,500 $24,000 $25,500 $155
2022 $1,500 $24,000 $25,500 $155
2021 $1,500 $24,000 $25,500 $156
2020 $1,500 $24,000 $25,500 $156
2019 $1,500 $24,000 $25,500 $156
2018 $1,500 $24,000 $25,500 $156
2017 $1,500 $24,000 $25,500 $140
2016 $1,500 $24,000 $25,500 $140
2015 $1,500 $16,000 $17,500 $96
2014 $1,500 $16,000 $17,500 $96
2013 $1,500 $16,000 $17,500 $95
2012 $1,500 $16,000 $17,500 $95
2010 $1,500 $26,500 $28,000 $134
2009 $1,500 $26,500 $28,000 $129

Property facts

Year built
1989
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,376 sqft
Lot size
44,431 sqft
ZIP code
24121
City
Moneta
Street
Long Island Dr
Coordinates
37.15427, -79.69429

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,564
Gross rental yield
6.68%
Implied cap rate
4.34%
Trend-extrapolated value

Frequently asked questions

When did 508 Long Island Dr last sell?
508 Long Island Dr most recently sold on Jul 21, 2022 for $640,000.
What is the current tax assessment for 508 Long Island Dr?
The most recent total assessment for 508 Long Island Dr (year 2025) is $55,500 with $238 in property tax.
How does 508 Long Island Dr's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $640,000.
When was 508 Long Island Dr built?
508 Long Island Dr was built in 1989.
How does 508 Long Island Dr compare to others on Long Island Dr?
We track 8 other properties on Long Island Dr. Browse the list under "Other properties on Long Island Dr" to compare beds, baths, and sale history.
What are the property facts for 508 Long Island Dr?
508 Long Island Dr is a 3 bed, 3 bath, 2,376 sqft, 44,431 sqft lot single_family.
Is 508 Long Island Dr a flip candidate?
No — 508 Long Island Dr does not appear in our flips dataset.
Is 508 Long Island Dr a tax-appeal candidate?
No — 508 Long Island Dr 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
+11.3%
Implied 1-yr
+45.2%
2026 Q3
$1.25M
2026 Q4
$1.25M
ZIP 24121 — Median Price History + Forecast

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