$389,000
- Studio
- 1,636 sqft (on 50.50 acres)
1166 Melrose Rd, Gladys, VA 24554
Est. Refi. Payment $2,311/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 30, 2022 for $320,000
Home Value
Trulia Estimate
$389KSince last month
Decreased$5K (-1.2%)Since last year
Increased$12K (+3.1%)Since last sale
Increased$73K (+22.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +159% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $393K |
| August 2026 | $398K |
| July 2026 | $394K |
| June 2026 | $403K |
| May 2026 | $411K |
| April 2026 | $398K |
| March 2026 | $397K |
| February 2026 | $395K |
| January 2026 | $390K |
2025 | |
2024 | |
2023 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.74 | Single-Family Home | $155,000 | 10/03/25 | 3 | 1.5 | 1,728 | |
1.82 | Single-Family Home | $167,000 | 03/04/26 | 3 | 1 | 1,020 | |
2.06 | Single-Family Home | $560,000 | 05/28/26 | 2 | 2 | 2,144 | |
2.55 | Single-Family Home | $135,000 | 05/01/26 | 3 | - | 1,905 | |
3.13 | Single-Family Home | $115,000 | 09/10/26 | 3 | 2 | 1,715 | |
3.08 | Single-Family Home | $250,000 | 06/30/26 | 3 | 3 | 2,659 | |
3.73 | Single-Family Home | $320,000 | 08/05/26 | 3 | 3 | 1,792 | |
3.69 | Single-Family Home | $383,500 | 05/29/26 | 3 | 2 | 2,124 | |
4.60 | Single-Family Home | $377,500 | 11/06/25 | 3 | 2 | 1,577 | |
4.39 | Single-Family Home | $73,400 | 03/20/26 | 3 | 1 | 1,500 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.64 | $138,300 | 2 | 1.5 | 980 | Off Market | |
0.69 | - | - | - | - | Off Market | |
0.71 | - | - | - | - | Off Market | |
0.77 | $220,000 | - | - | - | Recently Sold | |
1.14 | - | - | - | - | Off Market | |
1.55 | - | 4 | 1 | 1,302 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1988
50.5 acre lot
1,636 sqft
$238/sqft
About this House
The perfect get away, leave the stress of the world behind you on this beautiful 50 acre tract. The home is nestled on the back of the property overlooking the scenic Stanton River. This well-built 3 bedroom home offers hard wood floors, a spacious kitchen, sunroom and a huge covered deck and a full basement. The land is gently rolling with approximately 10 acres open and the remaining is mature hardwood forest. Wildlife is abundant. The opportunities are endless with this property located only 30 miles from Lynchburg. Two lots sold together as one. Parcel ID: 100A14- 44.3 acres and Parcel ID: 100A14B- 6.7 acres
1166 Melrose Rd, Gladys, VA 24554 is a studio, 1,636 sqft single-family home built in 1988. It last sold for $320,000 on Nov 30, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $389,000, with a rent estimate of $1,214/month.
Home Details for 1166 Melrose Rd
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Heating & Cooling Heating: Heat PumpHeating Fuel: Heat Pump |
Interior Details Number of Rooms: 7 |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1988 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
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Lot Area: 50.50 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 30, 2022 Source: LMLS #340587 | Sold | $320,000 |
Oct 25, 2022 Source: LMLS #340587 | Pending | $359,900 |
Sep 20, 2022 Source: LMLS #340587 | Listed For Sale | $359,900 |
Aug 29, 2019 Source: N/A | Sold | $205,000 |
Mar 31, 2017 Source: LMLS #302421 | Sold | $190,000 |
Jan 23, 2017 Source: Agent Provided | PriceChange | $349,900 Price decreased by 3% |
Dec 7, 2016 Source: Agent Provided | Listed For Sale | $359,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,027 | $228,300 |
Home facts updated by county records
Market trends in Gladys
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
18
1MoM
Around this home
What Locals Say about Gladys
At least 2 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say car is needed
100 % Say there's wildlife
100 % Say there's holiday spirit
67 % Say yards are well-kept
50 % Say it's quiet
50 % Say they plan to stay for at least 5 years
50 % Say it's dog friendly
50 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1166 Melrose Rd
- What is 1166 Melrose Rd estimated to be worth?Trulia's estimated value for 1166 Melrose Rd in Gladys, VA is $389,000.
- What is the price history for 1166 Melrose Rd?1166 Melrose Rd in Gladys, VA last sold for $320,000 in November 2022.
- Is Gladys a buyer's or seller's market?Gladys is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 1166 Melrose Rd?The closest schools to 1166 Melrose Rd in Gladys, VA are Brookneal Elementary School (Pre-K, rated 5/10), William Campbell High School (Middle, rated 3/10).
- How big is the lot at 1166 Melrose Rd?The lot at 1166 Melrose Rd in Gladys, VA is about 6.2 acres.

