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3437 Forest Rd

Bedford, VA 24523

3 bd 3 ba 1,904 sqft Built 1997 Lot 24,394 sqft single_family
Most recent sale
$299,000
Feb 14, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2024 Sold $299,000 Lynchburg
Dec 14, 2023 Listed $299,000 Lynchburg

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,000 $40,000 $240,000 $984
2021 $147,200 $35,000 $182,200 $911
2020 $147,200 $35,000 $182,200 $911
2019 $147,200 $35,000 $182,200 $911
2016 $144,400 $35,000 $179,400 $932
2015 $144,400 $35,000 $179,400 $932
2014 $136,800 $35,000 $171,800 $893
2013 $136,800 $35,000 $171,800 $859

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,904 sqft
Lot size
24,394 sqft
ZIP code
24523
City
Bedford
Street
Forest Rd
Coordinates
37.34930, -79.48620

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,856
Gross rental yield
11.46%
Implied cap rate
7.45%
Trend-extrapolated value

Frequently asked questions

When did 3437 Forest Rd last sell?
3437 Forest Rd most recently sold on Feb 14, 2024 for $299,000.
What is the current tax assessment for 3437 Forest Rd?
The most recent total assessment for 3437 Forest Rd (year 2025) is $240,000 with $984 in property tax.
How does 3437 Forest Rd's assessment compare to its last sale price?
The current assessment is 19.7% below the last sale price of $299,000.
When was 3437 Forest Rd built?
3437 Forest Rd was built in 1997.
How does 3437 Forest Rd compare to others on Forest Rd?
We track 8 other properties on Forest Rd. Browse the list under "Other properties on Forest Rd" to compare beds, baths, and sale history.
What are the property facts for 3437 Forest Rd?
3437 Forest Rd is a 3 bed, 3 bath, 1,904 sqft, 24,394 sqft lot single_family.
Is 3437 Forest Rd a flip candidate?
No — 3437 Forest Rd does not appear in our flips dataset.
Is 3437 Forest Rd a tax-appeal candidate?
No — 3437 Forest 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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