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1 Chip Ct

Palmyra, VA 22963

3 bd 2 ba 1,316 sqft Built 1986 Lot 17,424 sqft single_family
Most recent sale
$245,777
Dec 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2021 Sold $245,777 MLS #624292
Nov 17, 2021 Listed $239,900 MLS #624292
May 2, 2017 Sold $169,900 MLS #557692
Feb 25, 2017 Listed $169,900 MLS #557692

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $233,200 $30,000 $263,200 $1,974
2024 $233,200 $30,000 $263,200 $1,521
2023 $150,300 $30,000 $180,300 $1,521
2022 $125,600 $27,500 $153,100 $1,331
2021 $125,600 $27,500 $153,100 $1,353
2020 $110,200 $27,500 $137,700 $1,273
2019 $110,200 $27,500 $137,700 $1,273
2018 $104,300 $27,500 $131,800 $1,195
2017 $104,300 $27,500 $131,800 $1,195
2016 $101,100 $27,500 $128,600 $1,179
2015 $101,100 $27,500 $128,600 $1,156
2014 $98,900 $27,500 $126,400 $1,112
2012 $113,600 $91,000 $204,600 $1,166
2011 $113,600 $91,000 $204,600 $647
2010 $113,600 $91,000 $204,600 $1,104

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,316 sqft
Lot size
17,424 sqft
ZIP code
22963
City
Palmyra
Street
Chip Ct
Coordinates
37.90367, -78.31148

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
$1,974
Gross rental yield
9.64%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 1 Chip Ct last sell?
1 Chip Ct most recently sold on Dec 28, 2021 for $245,777.
What is the current tax assessment for 1 Chip Ct?
The most recent total assessment for 1 Chip Ct (year 2025) is $263,200 with $1,974 in property tax.
How does 1 Chip Ct's assessment compare to its last sale price?
The current assessment is 7.1% above the last sale price of $245,777.
When was 1 Chip Ct built?
1 Chip Ct was built in 1986.
How does 1 Chip Ct compare to others on Chip Ct?
We track 2 other properties on Chip Ct. Browse the list under "Other properties on Chip Ct" to compare beds, baths, and sale history.
What are the property facts for 1 Chip Ct?
1 Chip Ct is a 3 bed, 2 bath, 1,316 sqft, 17,424 sqft lot single_family.
Is 1 Chip Ct a flip candidate?
No — 1 Chip Ct does not appear in our flips dataset.
Is 1 Chip Ct a tax-appeal candidate?
No — 1 Chip Ct 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$425.4K
2026 Q4
$433K
ZIP 22963 — Median Price History + Forecast

Explore nearby

Other properties on Chip Ct