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8 Locks Rd

Palmyra, VA 22963

3 bd 2 ba 2,568 sqft Built 2005 Lot 21,344 sqft single_family
Most recent sale
$525,000
Jun 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 11, 2024 Sold $525,000 Charlottesville
May 8, 2024 Listed $525,000 Charlottesville
Nov 30, 2005 Sold $342,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $413,400 $33,000 $446,400 $3,348
2024 $413,400 $33,000 $446,400 $3,191
2023 $345,100 $33,000 $378,100 $3,191
2022 $279,600 $30,000 $309,600 $2,693
2021 $279,600 $30,000 $309,600 $2,736
2020 $245,300 $30,000 $275,300 $2,546
2019 $245,300 $30,000 $275,300 $2,546
2018 $230,100 $30,000 $260,100 $2,359
2017 $230,100 $30,000 $260,100 $2,359
2016 $226,200 $30,000 $256,200 $2,349
2015 $226,200 $30,000 $256,200 $2,303
2014 $219,100 $30,000 $249,100 $2,192
2012 $219,100 $30,000 $249,100 $2,124
2011 $259,200 $96,000 $355,200 $1,477
2010 $259,200 $96,000 $355,200 $1,918

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,568 sqft
Lot size
21,344 sqft
ZIP code
22963
City
Palmyra
Street
Locks Rd
Coordinates
37.89885, -78.32006

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,852
Gross rental yield
8.80%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 8 Locks Rd last sell?
8 Locks Rd most recently sold on Jun 11, 2024 for $525,000.
What is the current tax assessment for 8 Locks Rd?
The most recent total assessment for 8 Locks Rd (year 2025) is $446,400 with $3,348 in property tax.
How does 8 Locks Rd's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $525,000.
When was 8 Locks Rd built?
8 Locks Rd was built in 2005.
How does 8 Locks Rd compare to others on Locks Rd?
We do not currently track other properties on Locks Rd.
What are the property facts for 8 Locks Rd?
8 Locks Rd is a 3 bed, 2 bath, 2,568 sqft, 21,344 sqft lot single_family.
Is 8 Locks Rd a flip candidate?
No — 8 Locks Rd does not appear in our flips dataset.
Is 8 Locks Rd a tax-appeal candidate?
No — 8 Locks Rd 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
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$364.3K
2026 Q4
$366.4K
ZIP 22963 — Median Price History + Forecast

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