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1622 Five Forks Rd

Bedford, VA 24523

4 bd 3 ba 3,008 sqft Built 2005 Lot 207,346 sqft single_family
Most recent sale
$500,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $500,000 MLS #890754
Jul 8, 2022 Price changed $539,900 MLS #890754
Jun 23, 2022 Listed $575,000 MLS #890754

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $352,300 $83,800 $436,100 $1,788
2021 $234,000 $47,000 $281,000 $1,405
2020 $234,000 $47,000 $281,000 $1,405
2019 $234,000 $47,000 $281,000 $1,405
2016 $227,000 $41,300 $268,300 $1,395
2015 $227,000 $41,300 $268,300 $1,395
2014 $217,500 $36,300 $253,800 $1,320
2013 $217,500 $36,300 $253,800 $1,269

Property facts

Year built
2005
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,008 sqft
Lot size
207,346 sqft
ZIP code
24523
City
Bedford
Street
Five Forks Rd
Coordinates
37.29930, -79.52284

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,512
Gross rental yield
10.83%
Implied cap rate
7.04%
Trend-extrapolated value

Frequently asked questions

When did 1622 Five Forks Rd last sell?
1622 Five Forks Rd most recently sold on Sep 1, 2022 for $500,000.
What is the current tax assessment for 1622 Five Forks Rd?
The most recent total assessment for 1622 Five Forks Rd (year 2025) is $436,100 with $1,788 in property tax.
How does 1622 Five Forks Rd's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $500,000.
When was 1622 Five Forks Rd built?
1622 Five Forks Rd was built in 2005.
How does 1622 Five Forks Rd compare to others on Five Forks Rd?
We track 8 other properties on Five Forks Rd. Browse the list under "Other properties on Five Forks Rd" to compare beds, baths, and sale history.
What are the property facts for 1622 Five Forks Rd?
1622 Five Forks Rd is a 4 bed, 3 bath, 3,008 sqft, 207,346 sqft lot single_family.
Is 1622 Five Forks Rd a flip candidate?
No — 1622 Five Forks Rd does not appear in our flips dataset.
Is 1622 Five Forks Rd a tax-appeal candidate?
No — 1622 Five Forks 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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