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724 Magnolia Dr

South Boston, VA 24592

3 bd 1 ba 1,344 sqft Built 1940 Lot 18,295 sqft single_family
Most recent sale
$130,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $130,000 SouthernPiedmontLL
Jan 29, 2024 Price changed $130,000 SouthernPiedmontLL
Jan 5, 2024 Price changed $140,000 SouthernPiedmontLL
Nov 2, 2023 Listed $150,000 SouthernPiedmontLL
Jun 17, 2019 Sold $78,000 CVRMLS
Mar 7, 2019 Listed $78,000 CVRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,242 $7,800 $72,042 $360
2023 $62,324 $7,800 $70,124 $350
2022 $62,324 $7,800 $70,124 $350
2021 $63,611 $7,800 $71,411 $357
2020 $63,611 $7,800 $71,411 $357
2019 $64,507 $7,800 $72,307 $361
2018 $64,507 $7,800 $72,307 $347
2017 $67,006 $7,800 $74,806 $359
2016 $67,084 $7,800 $74,884 $359
2015 $67,633 $7,800 $75,433 $362
2014 $55,310 $7,800 $63,110 $290
2013 $57,038 $7,800 $64,838 $291
2012 $57,038 $7,800 $64,838 $291
2011 $69,729 $7,800 $77,529 $333
2010 $69,729 $7,800 $77,529 $333
2009 $68,002 $7,800 $75,802 $333
2008 $68,002 $7,800 $75,802 $333

Property facts

Year built
1940
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,344 sqft
Lot size
18,295 sqft
ZIP code
24592
City
South Boston
Street
Magnolia Dr
Coordinates
36.69722, -78.88440

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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 724 Magnolia Dr last sell?
724 Magnolia Dr most recently sold on Apr 15, 2024 for $130,000.
What is the current tax assessment for 724 Magnolia Dr?
The most recent total assessment for 724 Magnolia Dr (year 2025) is $72,042 with $360 in property tax.
How does 724 Magnolia Dr's assessment compare to its last sale price?
The current assessment is 44.6% below the last sale price of $130,000.
When was 724 Magnolia Dr built?
724 Magnolia Dr was built in 1940.
How does 724 Magnolia Dr compare to others on Magnolia Dr?
We track 7 other properties on Magnolia Dr. Browse the list under "Other properties on Magnolia Dr" to compare beds, baths, and sale history.
What are the property facts for 724 Magnolia Dr?
724 Magnolia Dr is a 3 bed, 1 bath, 1,344 sqft, 18,295 sqft lot single_family.
Is 724 Magnolia Dr a flip candidate?
No — 724 Magnolia Dr does not appear in our flips dataset.
Is 724 Magnolia Dr a tax-appeal candidate?
No — 724 Magnolia 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
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$256.1K
2026 Q4
$261.4K
ZIP 24592 — Median Price History + Forecast

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