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56 Edgewater Dr

Palmyra, VA 22963

3 bd 3 ba 1,850 sqft Built 1988 Lot 13,504 sqft single_family
Most recent sale
$505,000
Nov 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2021 Sold $505,000 MLS #623310

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,800 $145,000 $469,800 $3,523
2024 $324,800 $145,000 $469,800 $3,435
2023 $262,000 $145,000 $407,000 $3,435
2022 $213,700 $96,800 $310,500 $2,701
2021 $213,700 $96,800 $310,500 $2,745
2020 $194,200 $96,800 $291,000 $2,692
2019 $194,200 $96,800 $291,000 $2,692
2018 $187,300 $96,800 $284,100 $2,577
2017 $187,300 $96,800 $284,100 $2,577
2016 $156,300 $78,800 $235,100 $2,156
2015 $156,300 $78,800 $235,100 $2,114
2014 $152,800 $78,800 $231,600 $2,038
2012 $174,400 $208,500 $382,900 $1,397
2011 $174,400 $208,500 $382,900 $994
2010 $174,400 $208,500 $382,900 $1,261

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,850 sqft
Lot size
13,504 sqft
ZIP code
22963
City
Palmyra
Street
Edgewater Dr
Coordinates
37.92045, -78.30965

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
$2,775
Gross rental yield
6.59%
Implied cap rate
4.29%
Trend-extrapolated value

Frequently asked questions

When did 56 Edgewater Dr last sell?
56 Edgewater Dr most recently sold on Nov 29, 2021 for $505,000.
What is the current tax assessment for 56 Edgewater Dr?
The most recent total assessment for 56 Edgewater Dr (year 2025) is $469,800 with $3,523 in property tax.
How does 56 Edgewater Dr's assessment compare to its last sale price?
The current assessment is 7.0% below the last sale price of $505,000.
When was 56 Edgewater Dr built?
56 Edgewater Dr was built in 1988.
How does 56 Edgewater Dr compare to others on Edgewater Dr?
We track 7 other properties on Edgewater Dr. Browse the list under "Other properties on Edgewater Dr" to compare beds, baths, and sale history.
What are the property facts for 56 Edgewater Dr?
56 Edgewater Dr is a 3 bed, 3 bath, 1,850 sqft, 13,504 sqft lot single_family.
Is 56 Edgewater Dr a flip candidate?
No — 56 Edgewater Dr does not appear in our flips dataset.
Is 56 Edgewater Dr a tax-appeal candidate?
No — 56 Edgewater 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$425.4K
2026 Q4
$433K
ZIP 22963 — Median Price History + Forecast

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