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1116 Preston Dr

Staunton, VA 24401

3 bd 2 ba 1,825 sqft Built 1964 Lot 12,197 sqft single_family
Most recent sale
$265,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $265,000 MLS #631970
Aug 1, 2022 Price changed $275,000 MLS #631970
Jul 24, 2022 Price changed $278,000 MLS #631970
Jul 11, 2022 Price changed $285,000 MLS #631970
Jun 23, 2022 Listed $290,000 MLS #631970
Dec 31, 2018 Sold $169,500 MLS #583237
Nov 6, 2018 Listed $169,500 MLS #583237
Apr 16, 2015 Sold $139,900 MLS #59767
Jan 12, 2012 Sold $136,000 MLS #193185
Jun 8, 2011 Price changed $139,900 MLS #59767
Mar 21, 2011 Listed $149,900 MLS #59767
Feb 24, 2011 Listed $139,900 MLS #193185

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,500 $56,770 $291,270 $2,650
2023 $210,000 $50,010 $260,010 $2,314
2022 $135,800 $36,640 $172,440 $1,586
2021 $135,800 $36,640 $172,440 $1,586
2020 $123,300 $36,640 $159,940 $1,519
2019 $123,300 $36,640 $159,940 $1,519
2018 $112,600 $36,640 $149,240 $1,448
2017 $112,600 $36,640 $149,240 $1,448
2016 $104,400 $36,640 $141,040 $1,340
2015 $104,400 $36,640 $141,040 $1,340
2013 $104,400 $36,640 $141,040 $1,340
2012 $112,600 $36,640 $149,240 $1,343
2010 $116,370 $41,180 $157,550 $1,418
2009 $124,310 $38,310 $162,620 $1,417
2007 $124,310 $38,310 $162,620 $1,464

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,825 sqft
Lot size
12,197 sqft
ZIP code
24401
City
Staunton
Street
Preston Dr
Coordinates
38.16591, -79.08625

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
$2,738
Gross rental yield
12.40%
Implied cap rate
8.06%
Trend-extrapolated value

Frequently asked questions

When did 1116 Preston Dr last sell?
1116 Preston Dr most recently sold on Sep 14, 2022 for $265,000.
What is the current tax assessment for 1116 Preston Dr?
The most recent total assessment for 1116 Preston Dr (year 2025) is $291,270 with $2,650 in property tax.
How does 1116 Preston Dr's assessment compare to its last sale price?
The current assessment is 9.9% above the last sale price of $265,000.
When was 1116 Preston Dr built?
1116 Preston Dr was built in 1964.
How does 1116 Preston Dr compare to others on Preston Dr?
We track 6 other properties on Preston Dr. Browse the list under "Other properties on Preston Dr" to compare beds, baths, and sale history.
What are the property facts for 1116 Preston Dr?
1116 Preston Dr is a 3 bed, 2 bath, 1,825 sqft, 12,197 sqft lot single_family.
Is 1116 Preston Dr a flip candidate?
No — 1116 Preston Dr does not appear in our flips dataset.
Is 1116 Preston Dr a tax-appeal candidate?
No — 1116 Preston 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
+9.6%
2026 Q3
$387.4K
2026 Q4
$395.5K
ZIP 24401 — Median Price History + Forecast

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