127 Southern Ln
Monroe, VA 24574
2 bd 2 ba 1,258 sqft Built 1996 Lot 46,522 sqft single_family
Most recent sale
$191,000
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 14, 2022 | Sold | $191,000 | Public Record |
| Jun 13, 2022 | Sold | $191,000 | Lynchburg |
| May 2, 2022 | Listed | $179,900 | MLS #337958 |
| Oct 30, 2018 | Listing removed | $93,000 | Lynchburg |
| Oct 30, 2018 | Sold | $97,000 | MLS #851684 |
| Oct 29, 2018 | Sold | $97,000 | Public Record |
| Aug 21, 2018 | Listed | $93,000 | MLS #851684 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $86,800 | $25,300 | $112,100 | $683 |
| 2023 | $86,800 | $25,300 | $112,100 | $683 |
| 2022 | $86,800 | $25,300 | $112,100 | $683 |
| 2021 | $86,800 | $25,300 | $112,100 | $684 |
| 2020 | $86,800 | $25,300 | $112,100 | $684 |
| 2019 | $80,700 | $31,300 | $112,000 | $683 |
| 2018 | $80,700 | $31,300 | $112,000 | $683 |
| 2017 | $80,700 | $31,300 | $112,000 | $683 |
| 2016 | $80,700 | $31,300 | $112,000 | $683 |
| 2015 | $80,700 | $31,300 | $112,000 | $627 |
| 2014 | $80,700 | $31,300 | $112,000 | $627 |
| 2013 | $92,700 | $33,800 | $126,500 | $683 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,258 sqft
Lot size
46,522 sqft
ZIP code
24574
City
Monroe
Street
Southern Ln
Coordinates
37.49539, -79.12750
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,887
Gross rental yield
11.86%
Implied cap rate
7.71%
Trend-extrapolated value
—
Frequently asked questions
When did 127 Southern Ln last sell?
127 Southern Ln most recently sold on Jun 14, 2022 for $191,000.
What is the current tax assessment for 127 Southern Ln?
The most recent total assessment for 127 Southern Ln (year 2025) is $112,100 with $683 in property tax.
How does 127 Southern Ln's assessment compare to its last sale price?
The current assessment is 41.3% below the last sale price of $191,000.
When was 127 Southern Ln built?
127 Southern Ln was built in 1996.
How does 127 Southern Ln compare to others on Southern Ln?
We track 2 other properties on Southern Ln. Browse the list under "Other properties on Southern Ln" to compare beds, baths, and sale history.
What are the property facts for 127 Southern Ln?
127 Southern Ln is a 2 bed, 2 bath, 1,258 sqft, 46,522 sqft lot single_family.
Is 127 Southern Ln a flip candidate?
No — 127 Southern Ln does not appear in our flips dataset.
Is 127 Southern Ln a tax-appeal candidate?
No — 127 Southern 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
-5.8%
2026 Q2
$341.3K
2026 Q3
$341.3K
ZIP 24574 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Southern Ln