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2383 Falling Creek Rd

Bedford, VA 24523

3 bd 2 ba 1,383 sqft Built 1957 Lot 679,536 sqft single_family
Most recent sale
$325,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $325,000 Lynchburg
Mar 5, 2024 Listed $325,000 Roanoke

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $161,500 $38,000 $199,500 $817
2021 $105,800 $25,000 $130,800 $654
2020 $105,800 $25,000 $130,800 $654
2019 $105,800 $25,000 $130,800 $654
2016 $101,400 $25,000 $126,400 $657
2015 $101,400 $25,000 $126,400 $657
2014 $92,700 $23,000 $115,700 $601
2013 $92,700 $23,000 $115,700 $578

Property facts

Year built
1957
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,383 sqft
Lot size
679,536 sqft
ZIP code
24523
City
Bedford
Street
Falling Creek Rd
Coordinates
37.30183, -79.49164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,075
Gross rental yield
7.66%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 2383 Falling Creek Rd last sell?
2383 Falling Creek Rd most recently sold on Apr 12, 2024 for $325,000.
What is the current tax assessment for 2383 Falling Creek Rd?
The most recent total assessment for 2383 Falling Creek Rd (year 2025) is $199,500 with $817 in property tax.
How does 2383 Falling Creek Rd's assessment compare to its last sale price?
The current assessment is 38.6% below the last sale price of $325,000.
When was 2383 Falling Creek Rd built?
2383 Falling Creek Rd was built in 1957.
How does 2383 Falling Creek Rd compare to others on Falling Creek Rd?
We track 8 other properties on Falling Creek Rd. Browse the list under "Other properties on Falling Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 2383 Falling Creek Rd?
2383 Falling Creek Rd is a 3 bed, 2 bath, 1,383 sqft, 679,536 sqft lot single_family.
Is 2383 Falling Creek Rd a flip candidate?
No — 2383 Falling Creek Rd does not appear in our flips dataset.
Is 2383 Falling Creek Rd a tax-appeal candidate?
No — 2383 Falling Creek Rd 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
+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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