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1116 Preserve Ln

Thaxton, VA 24174

4 bd 3 ba 1,780 sqft Built 1921 Lot 173,804 sqft single_family
Most recent sale
$264,950
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $264,950 MLS #885309
Nov 12, 2021 Listed $284,950 MLS #885309
Jul 2, 2018 Sold $214,000 MLS #846532
Mar 30, 2018 Listed $215,950 MLS #846532
Sep 17, 2015 Sold $180,000 MLS #795639
Feb 26, 2014 Listing removed $183,000 Lynchburg
Jan 2, 2014 Relisted $183,000 MLS #795639
Dec 31, 2013 Listing removed $183,000 Roanoke
Dec 16, 2013 Relisted $183,000 MLS #795639
Oct 16, 2013 Listing removed $183,000 Roanoke
Aug 4, 2013 Listed $183,000 MLS #795639
Jul 14, 2012 Listing removed $189,900 Roanoke
Jul 13, 2012 Listing removed $189,900 Lynchburg
Jun 30, 2012 Price changed $189,900 MLS #781550
May 22, 2012 Price changed $189,900 MLS #272348
May 4, 2012 Listed $199,900 MLS #781550
May 3, 2012 Listed $199,900 MLS #272348
May 1, 2004 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,400 $62,900 $259,300 $1,063
2021 $154,400 $57,900 $212,300 $1,062
2020 $154,400 $57,900 $212,300 $1,062
2019 $154,400 $57,900 $212,300 $1,062
2016 $124,300 $52,900 $177,200 $921
2015 $124,300 $52,900 $177,200 $921
2014 $94,400 $41,900 $136,300 $709
2013 $94,400 $41,900 $136,300 $682

Property facts

Year built
1921
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
1,780 sqft
Lot size
173,804 sqft
ZIP code
24174
City
Thaxton
Street
Preserve Ln
Coordinates
37.35196, -79.61206

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,670
Gross rental yield
12.09%
Implied cap rate
7.86%
Trend-extrapolated value

Frequently asked questions

When did 1116 Preserve Ln last sell?
1116 Preserve Ln most recently sold on Dec 22, 2021 for $264,950.
What is the current tax assessment for 1116 Preserve Ln?
The most recent total assessment for 1116 Preserve Ln (year 2025) is $259,300 with $1,063 in property tax.
How does 1116 Preserve Ln's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $264,950.
When was 1116 Preserve Ln built?
1116 Preserve Ln was built in 1921.
How does 1116 Preserve Ln compare to others on Preserve Ln?
We do not currently track other properties on Preserve Ln.
What are the property facts for 1116 Preserve Ln?
1116 Preserve Ln is a 4 bed, 3 bath, 1,780 sqft, 173,804 sqft lot single_family.
Is 1116 Preserve Ln a flip candidate?
No — 1116 Preserve Ln does not appear in our flips dataset.
Is 1116 Preserve Ln a tax-appeal candidate?
No — 1116 Preserve 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
+6.1%
Implied 1-yr
+24.6%
2025 Q2
$310K
2025 Q3
$323.6K
ZIP 24174 — Median Price History + Forecast

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