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324 Montreal Ln

Shipman, VA 22971

3 bd 2 ba 1,026 sqft Built 1990 Lot 156,816 sqft single_family
Most recent sale
$224,000
Jun 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2023 Sold $247,000 Lynchburg
Jun 20, 2022 Sold $224,000 MLS #630245
May 12, 2022 Listed $224,000 MLS #630245
Mar 5, 2015 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $125,600 $27,800 $153,400 $997
2024 $125,600 $27,800 $153,400 $997
2023 $125,600 $27,400 $153,000 $994
2022 $125,600 $27,400 $153,000 $994
2021 $94,800 $25,400 $120,200 $865
2020 $94,800 $25,400 $120,200 $865
2019 $94,800 $25,400 $120,200 $865
2018 $94,800 $25,400 $120,200 $865
2017 $89,700 $25,400 $115,100 $828
2016 $89,700 $25,400 $115,100 $828
2015 $89,700 $25,400 $115,100 $828
2014 $89,700 $25,400 $115,100 $828
2013 $104,200 $25,400 $129,600 $777
2012 $104,200 $25,400 $129,600 $777
2011 $104,200 $25,400 $129,600 $712
2009 $104,200 $25,400 $129,600 $712

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,026 sqft
Lot size
156,816 sqft
ZIP code
22971
City
Shipman
Street
Montreal Ln
Coordinates
37.72980, -78.85219

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
$1,539
Gross rental yield
8.24%
Implied cap rate
5.36%
Trend-extrapolated value

Frequently asked questions

When did 324 Montreal Ln last sell?
324 Montreal Ln most recently sold on Jun 20, 2022 for $224,000.
What is the current tax assessment for 324 Montreal Ln?
The most recent total assessment for 324 Montreal Ln (year 2025) is $153,400 with $997 in property tax.
How does 324 Montreal Ln's assessment compare to its last sale price?
The current assessment is 31.5% below the last sale price of $224,000.
When was 324 Montreal Ln built?
324 Montreal Ln was built in 1990.
How does 324 Montreal Ln compare to others on Montreal Ln?
We track 8 other properties on Montreal Ln. Browse the list under "Other properties on Montreal Ln" to compare beds, baths, and sale history.
What are the property facts for 324 Montreal Ln?
324 Montreal Ln is a 3 bed, 2 bath, 1,026 sqft, 156,816 sqft lot single_family.
Is 324 Montreal Ln a flip candidate?
No — 324 Montreal Ln does not appear in our flips dataset.
Is 324 Montreal Ln a tax-appeal candidate?
No — 324 Montreal Ln 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
+1.2%
Implied 1-yr
+4.9%
2025 Q2
$247.5K
2025 Q3
$247.5K
ZIP 22971 — Median Price History + Forecast

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