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1522 Murrels Gap Rd

Bedford, VA 24523

3 bd 3 ba 1,895 sqft Built 1979 Lot 217,800 sqft single_family
Most recent sale
$290,000
Mar 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2024 Sold $290,000 Lynchburg
Jan 24, 2024 Listed $300,000 Lynchburg
Sep 23, 2020 Sold $200,000 Lynchburg
Mar 1, 2012 Listing removed $189,900 Roanoke
Feb 29, 2012 Listing removed $189,900 Lynchburg
Sep 8, 2011 Price changed $189,900 Lynchburg
Jun 2, 2011 Price changed $189,900 Roanoke
Feb 8, 2011 Listed $205,000 Roanoke

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $158,400 $42,000 $200,400 $821
2021 $81,600 $32,000 $113,600 $568
2020 $81,600 $32,000 $113,600 $568
2019 $81,600 $32,000 $113,600 $568
2016 $76,700 $32,000 $108,700 $565
2015 $76,700 $32,000 $108,700 $565
2014 $74,500 $27,000 $101,500 $527
2013 $74,500 $27,000 $101,500 $507

Property facts

Year built
1979
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,895 sqft
Lot size
217,800 sqft
ZIP code
24523
City
Bedford
Street
Murrels Gap Rd
Coordinates
37.41597, -79.64578

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,843
Gross rental yield
11.76%
Implied cap rate
7.65%
Trend-extrapolated value

Frequently asked questions

When did 1522 Murrels Gap Rd last sell?
1522 Murrels Gap Rd most recently sold on Mar 8, 2024 for $290,000.
What is the current tax assessment for 1522 Murrels Gap Rd?
The most recent total assessment for 1522 Murrels Gap Rd (year 2025) is $200,400 with $821 in property tax.
How does 1522 Murrels Gap Rd's assessment compare to its last sale price?
The current assessment is 30.9% below the last sale price of $290,000.
When was 1522 Murrels Gap Rd built?
1522 Murrels Gap Rd was built in 1979.
How does 1522 Murrels Gap Rd compare to others on Murrels Gap Rd?
We track 5 other properties on Murrels Gap Rd. Browse the list under "Other properties on Murrels Gap Rd" to compare beds, baths, and sale history.
What are the property facts for 1522 Murrels Gap Rd?
1522 Murrels Gap Rd is a 3 bed, 3 bath, 1,895 sqft, 217,800 sqft lot single_family.
Is 1522 Murrels Gap Rd a flip candidate?
No — 1522 Murrels Gap Rd does not appear in our flips dataset.
Is 1522 Murrels Gap Rd a tax-appeal candidate?
No — 1522 Murrels Gap 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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