15694 James Madison Hwy
Palmyra, VA 22963
3 bd 2 ba 1,638 sqft Built 1950 Lot 87,120 sqft single_family
Most recent sale
$200,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $200,000 | MLS #629731 |
| Apr 30, 2022 | Listed | $227,000 | MLS #629731 |
| Jan 1, 1986 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $203,000 | $45,000 | $248,000 | $1,860 |
| 2024 | $203,000 | $45,000 | $248,000 | $1,416 |
| 2023 | $122,800 | $45,000 | $167,800 | $1,416 |
| 2022 | $97,100 | $42,500 | $139,600 | $1,214 |
| 2021 | $97,100 | $42,500 | $139,600 | $1,234 |
| 2020 | $89,900 | $42,500 | $132,400 | $1,225 |
| 2019 | $89,900 | $42,500 | $132,400 | $1,225 |
| 2018 | $80,200 | $42,500 | $122,700 | $1,113 |
| 2017 | $80,200 | $42,500 | $122,700 | $1,113 |
| 2016 | $78,800 | $42,500 | $121,300 | $1,112 |
| 2015 | $78,800 | $42,500 | $121,300 | $1,090 |
| 2014 | $87,200 | $42,500 | $129,700 | $1,141 |
| 2012 | $89,700 | $93,000 | $182,700 | $1,093 |
| 2011 | $89,700 | $93,000 | $182,700 | $511 |
| 2010 | $89,700 | $93,000 | $182,700 | $987 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,638 sqft
Lot size
87,120 sqft
ZIP code
22963
City
Palmyra
Street
James Madison Hwy
Coordinates
37.89138, -78.26132
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 15694 James Madison Hwy last sell?
15694 James Madison Hwy most recently sold on Jul 15, 2022 for $200,000.
What is the current tax assessment for 15694 James Madison Hwy?
The most recent total assessment for 15694 James Madison Hwy (year 2025) is $248,000 with $1,860 in property tax.
How does 15694 James Madison Hwy's assessment compare to its last sale price?
The current assessment is 24.0% above the last sale price of $200,000.
When was 15694 James Madison Hwy built?
15694 James Madison Hwy was built in 1950.
How does 15694 James Madison Hwy compare to others on James Madison Hwy?
We track 8 other properties on James Madison Hwy. Browse the list under "Other properties on James Madison Hwy" to compare beds, baths, and sale history.
What are the property facts for 15694 James Madison Hwy?
15694 James Madison Hwy is a 3 bed, 2 bath, 1,638 sqft, 87,120 sqft lot single_family.
Is 15694 James Madison Hwy a flip candidate?
No — 15694 James Madison Hwy does not appear in our flips dataset.
Is 15694 James Madison Hwy a tax-appeal candidate?
Yes — 15694 James Madison Hwy appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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