$2,776,200
- 2 Beds
- 1 Bath
- 6,182 sqft (on 227.03 acres)
407 Lumber Ln, Independence, VA 24348
Est. Refi. Payment $15,416/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 7, 2022 for $2,934,800
Home Value
Trulia Estimate
$2.78MSince last month
Decreased$128K (-4.5%)Since last year
Increased$133K (+5.1%)Since last sale
Decreased$201K (-6.9%)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 +3,016% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.73M |
| March 2026 | $2.86M |
2025 | |
2024 | |
2023 | |
2022 | |
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 |
|---|---|---|---|---|---|---|---|
1.00 | Single-Family Home | $175,000 | 07/09/26 | 2 | 1 | 1,161 | |
1.58 | Single-Family Home | $165,999 | 03/27/26 | 2 | 1.5 | 1,317 | |
1.79 | Single-Family Home | $417,500 | 10/15/25 | 5 | 2.5 | 3,050 | |
2.22 | Single-Family Home | $315,000 | 10/06/25 | 3 | 2 | 2,208 | |
2.43 | Single-Family Home | $225,000 | 12/11/25 | 2 | 2 | 1,118 | |
2.72 | Single-Family Home | $125,000 | 01/21/26 | 3 | 1 | 1,591 | |
2.60 | Single-Family Home | $275,000 | 12/29/25 | 3 | 2 | 1,420 | |
2.78 | Single-Family Home | $40,000 | 07/10/26 | 3 | 1 | 1,344 | |
3.06 | Single-Family Home | $189,900 | 07/20/26 | 3 | 2 | 1,620 | |
2.96 | Single-Family Home | $60,000 | 04/01/26 | 5 | 2 | 2,029 |
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 |
|---|---|---|---|---|---|---|
0.47 | $450,400 | 4 | 2.5 | 2,835 | Off Market | |
0.48 | - | - | - | - | Off Market | |
0.49 | $229,000 | 3 | 1 | 1,704 | For Sale | |
0.81 | $297,600 | 3 | 1.5 | 2,998 | Off Market | |
0.96 | $429,900 | 3 | 1 | 1,500 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2008
Lot Size
227.03 acres
Living Area
6,182 sqft
Price/Sqft
$449
Parking
None
About this House
This single-family home is located at 407 Lumber Ln, Independence, VA. 407 Lumber Ln is in Independence, VA and in ZIP code 24348. This property has 2 bedrooms, 1 bathroom and approximately 6,182 sqft of floor space. This property has a lot size of 227.03 acres and was built in 2008.
407 Lumber Ln, Independence, VA 24348 is a 2 bedroom, 1 bathroom, 6,182 sqft single-family home built in 2008. It last sold for $2,934,800 on Sep 7, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,776,200, with a rent estimate of $1,298/month.
Home Details for 407 Lumber Ln
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Levels, Entrance, & Accessibility Stories: 1Floors: Other, Carpet, Concrete |
Interior Details Number of Rooms: 1Types of Rooms: Office, Workshop |
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Exterior Home Features Roof: MetalDeckExterior: Wood, MetalFoundation Type: Slab |
Parking & Garage Parking: None |
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Year Built Year Built: 2008 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 227.03 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 7, 2022 Source: N/A | Sold | $2,934,800 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $17,022 | $2,934,800 |
Home facts updated by county records
Market trends in Independence
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
27
1MoM
Around this home
What Locals Say about Independence
At least 3 Trulia users voted on each feature.
100 % Say there's wildlife
100 % Say yards are well-kept
100 % Say parking is easy
83 % Say car is needed
75 % Say they plan to stay for at least 5 years
71 % Say there's holiday spirit
67 % Say people would walk alone at night
67 % Say kids play outside
50 % Say there are sidewalks
43 % Say neighbors are friendly
40 % Say it's quiet
33 % Say it's walkable to restaurants
33 % Say it's walkable to grocery stores
25 % Say it's dog friendly
20 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 407 Lumber Ln
- What is 407 Lumber Ln estimated to be worth?Trulia's estimated value for 407 Lumber Ln in Independence, VA is $2,776,200.
- What is the price history for 407 Lumber Ln?407 Lumber Ln in Independence, VA last sold for $2,934,800 in September 2022.
- Is Independence a buyer's or seller's market?Independence is currently a balanced market, based on recent for-sale activity.
- What are the closest schools to 407 Lumber Ln?The closest schools to 407 Lumber Ln in Independence, VA are Grayson County High School (rated 7/10), Independence Elementary School (Pre-K, rated 5/10), Independence Middle School (rated 7/10).
- How big is the lot at 407 Lumber Ln?The lot at 407 Lumber Ln in Independence, VA is about 227 acres.