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1120 Parks Ln

Bedford, VA 24523

3 bd 2 ba 1,568 sqft Built 1998 Lot 98,010 sqft mobile
Most recent sale
$175,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $175,000 MLS #887715
Mar 16, 2022 Listed $165,000 MLS #887715
Dec 15, 2021 Listed $175,000 MLS #885856

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $111,500 $40,300 $151,800 $622
2021 $85,200 $28,300 $113,500 $568
2020 $85,200 $28,300 $113,500 $568
2019 $85,200 $28,300 $113,500 $568
2016 $70,700 $28,300 $99,000 $515
2015 $70,700 $28,300 $99,000 $515
2014 $66,000 $26,300 $92,300 $480
2013 $66,000 $26,300 $92,300 $462

Property facts

Year built
1998
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,568 sqft
Lot size
98,010 sqft
ZIP code
24523
City
Bedford
Street
Parks Ln
Coordinates
37.29904, -79.53275

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1120 Parks Ln last sell?
1120 Parks Ln most recently sold on Apr 29, 2022 for $175,000.
What is the current tax assessment for 1120 Parks Ln?
The most recent total assessment for 1120 Parks Ln (year 2025) is $151,800 with $622 in property tax.
How does 1120 Parks Ln's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $175,000.
When was 1120 Parks Ln built?
1120 Parks Ln was built in 1998.
How does 1120 Parks Ln compare to others on Parks Ln?
We track 2 other properties on Parks Ln. Browse the list under "Other properties on Parks Ln" to compare beds, baths, and sale history.
What are the property facts for 1120 Parks Ln?
1120 Parks Ln is a 3 bed, 2 bath, 1,568 sqft, 98,010 sqft lot mobile.
Is 1120 Parks Ln a flip candidate?
No — 1120 Parks Ln does not appear in our flips dataset.
Is 1120 Parks Ln a tax-appeal candidate?
No — 1120 Parks Ln 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

Explore nearby

Other properties on Parks Ln