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2723 Lynchburg Salem Tpke

Bedford, VA 24523

4 bd 1 ba 1,361 sqft Built 1944 Lot 79,715 sqft single_family
Most recent sale
$197,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $197,000 MLS #887411
Mar 21, 2022 Price changed $197,000 MLS #336747
Mar 4, 2022 Listed $199,500 MLS #887411
Nov 17, 2021 Price changed $187,900 MLS #883052
Sep 23, 2021 Price changed $188,500 MLS #883052
Aug 19, 2021 Listed $199,500 MLS #883052
Nov 6, 2019 Sold $60,000 MLS #861164
Jul 12, 2019 Listed $69,000 MLS #861164
Jul 11, 2019 Listed $69,000 MLS #319739
Apr 26, 2019 Price changed $78,000 MLS #856609
Apr 12, 2019 Price changed $80,000 MLS #317025
Mar 16, 2019 Price changed $82,000 MLS #317025
Mar 5, 2019 Listed $92,000 MLS #317025

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,500 $46,600 $185,100 $758
2021 $41,500 $35,300 $76,800 $384
2020 $41,500 $35,300 $76,800 $384
2019 $41,500 $35,300 $76,800 $384
2016 $40,800 $35,300 $76,100 $396
2015 $40,800 $35,300 $76,100 $396
2014 $40,800 $35,300 $76,100 $396
2013 $40,800 $35,300 $76,100 $381

Property facts

Year built
1944
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,361 sqft
Lot size
79,715 sqft
ZIP code
24523
City
Bedford
Street
Lynchburg Salem Tpke
Coordinates
37.35016, -79.58531

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,042
Gross rental yield
12.44%
Implied cap rate
8.09%
Trend-extrapolated value

Frequently asked questions

When did 2723 Lynchburg Salem Tpke last sell?
2723 Lynchburg Salem Tpke most recently sold on Jun 6, 2022 for $197,000.
What is the current tax assessment for 2723 Lynchburg Salem Tpke?
The most recent total assessment for 2723 Lynchburg Salem Tpke (year 2025) is $185,100 with $758 in property tax.
How does 2723 Lynchburg Salem Tpke's assessment compare to its last sale price?
The current assessment is 6.0% below the last sale price of $197,000.
When was 2723 Lynchburg Salem Tpke built?
2723 Lynchburg Salem Tpke was built in 1944.
How does 2723 Lynchburg Salem Tpke compare to others on Lynchburg Salem Tpke?
We track 8 other properties on Lynchburg Salem Tpke. Browse the list under "Other properties on Lynchburg Salem Tpke" to compare beds, baths, and sale history.
What are the property facts for 2723 Lynchburg Salem Tpke?
2723 Lynchburg Salem Tpke is a 4 bed, 1 bath, 1,361 sqft, 79,715 sqft lot single_family.
Is 2723 Lynchburg Salem Tpke a flip candidate?
No — 2723 Lynchburg Salem Tpke does not appear in our flips dataset.
Is 2723 Lynchburg Salem Tpke a tax-appeal candidate?
No — 2723 Lynchburg Salem Tpke 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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