1214 Bishops Way
Bedford, VA 24523
5 bd 3 ba 3,260 sqft Built 1851 Lot 166,399 sqft single_family
Most recent sale
$440,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $440,000 | MLS #889671 |
| May 28, 2022 | Listed | $438,995 | MLS #889671 |
| Nov 1, 2015 | Listing removed | $349,000 | Roanoke |
| Sep 19, 2015 | Listing removed | $349,000 | Lynchburg |
| Sep 17, 2015 | Sold | $325,000 | Public Record |
| Jun 10, 2015 | Listed | $349,000 | MLS #816112 |
| Apr 21, 2015 | Listed | $349,000 | MLS #292050 |
| Jul 29, 2013 | Listing removed | $349,000 | Roanoke |
| Jul 17, 2013 | Listing removed | $349,000 | Lynchburg |
| Jul 15, 2013 | Listed | $349,000 | MLS #279863 |
| Jul 8, 2013 | Listed | $349,000 | MLS #794734 |
| Jan 15, 2011 | Listing removed | $115,900 | Roanoke |
| Jan 11, 2011 | Listing removed | $115,900 | Lynchburg |
| Dec 11, 2010 | Price changed | $115,900 | MLS #764443 |
| Dec 10, 2010 | Price changed | $115,900 | MLS #262834 |
| Nov 1, 2010 | Listed | $139,900 | MLS #764443 |
| Oct 11, 2010 | Listed | $139,900 | MLS #262834 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $463,200 | $94,600 | $557,800 | $2,286 |
| 2021 | $279,300 | $64,100 | $343,400 | $1,717 |
| 2020 | $279,300 | $64,100 | $343,400 | $1,717 |
| 2019 | $279,300 | $64,100 | $343,400 | $1,717 |
| 2016 | $255,100 | $64,100 | $319,200 | $1,660 |
| 2015 | $255,100 | $64,100 | $319,200 | $1,660 |
| 2014 | $148,600 | $36,700 | $185,300 | $964 |
| 2013 | $148,600 | $36,700 | $185,300 | $927 |
Property facts
Year built
1851
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,260 sqft
Lot size
166,399 sqft
ZIP code
24523
City
Bedford
Street
Bishops Way
Coordinates
37.35039, -79.57811
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,890
Gross rental yield
13.34%
Implied cap rate
8.67%
Trend-extrapolated value
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Frequently asked questions
When did 1214 Bishops Way last sell?
1214 Bishops Way most recently sold on Jul 18, 2022 for $440,000.
What is the current tax assessment for 1214 Bishops Way?
The most recent total assessment for 1214 Bishops Way (year 2025) is $557,800 with $2,286 in property tax.
How does 1214 Bishops Way's assessment compare to its last sale price?
The current assessment is 26.8% above the last sale price of $440,000.
When was 1214 Bishops Way built?
1214 Bishops Way was built in 1851.
How does 1214 Bishops Way compare to others on Bishops Way?
We do not currently track other properties on Bishops Way.
What are the property facts for 1214 Bishops Way?
1214 Bishops Way is a 5 bed, 3 bath, 3,260 sqft, 166,399 sqft lot single_family.
Is 1214 Bishops Way a flip candidate?
No — 1214 Bishops Way does not appear in our flips dataset.
Is 1214 Bishops Way a tax-appeal candidate?
Yes — 1214 Bishops Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.3%
Implied 1-yr
+17.0%
2026 Q3
$386.7K
2026 Q4
$399.6K
ZIP 24523 — Median Price History + Forecast
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Geography