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3031 Otter Hill Rd

Bedford, VA 24523

3 bd 2 ba 2,330 sqft Built 1997 Lot 954,400 sqft single_family
Most recent sale
$430,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $430,000 MLS #889866
May 25, 2022 Listed $425,000 MLS #889866

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $213,700 $180,800 $394,500 $1,617
2021 $140,600 $170,800 $311,400 $970
2020 $140,600 $170,800 $311,400 $970
2019 $140,600 $170,800 $311,400 $970
2016 $135,700 $170,800 $306,500 $983
2015 $135,700 $170,800 $306,500 $983
2014 $134,600 $170,800 $305,400 $977
2013 $134,600 $170,800 $305,400 $940

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,330 sqft
Lot size
954,400 sqft
ZIP code
24523
City
Bedford
Street
Otter Hill Rd
Coordinates
37.25220, -79.45773

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,495
Gross rental yield
9.75%
Implied cap rate
6.34%
Trend-extrapolated value

Frequently asked questions

When did 3031 Otter Hill Rd last sell?
3031 Otter Hill Rd most recently sold on Jul 6, 2022 for $430,000.
What is the current tax assessment for 3031 Otter Hill Rd?
The most recent total assessment for 3031 Otter Hill Rd (year 2025) is $394,500 with $1,617 in property tax.
How does 3031 Otter Hill Rd's assessment compare to its last sale price?
The current assessment is 8.3% below the last sale price of $430,000.
When was 3031 Otter Hill Rd built?
3031 Otter Hill Rd was built in 1997.
How does 3031 Otter Hill Rd compare to others on Otter Hill Rd?
We track 8 other properties on Otter Hill Rd. Browse the list under "Other properties on Otter Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 3031 Otter Hill Rd?
3031 Otter Hill Rd is a 3 bed, 2 bath, 2,330 sqft, 954,400 sqft lot single_family.
Is 3031 Otter Hill Rd a flip candidate?
No — 3031 Otter Hill Rd does not appear in our flips dataset.
Is 3031 Otter Hill Rd a tax-appeal candidate?
No — 3031 Otter Hill 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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