2498 Penicks Mill Rd
Bedford, VA 24523
4 bd 3 ba 2,196 sqft Built 1999 Lot 74,488 sqft single_family
Most recent sale
$279,000
Jul 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 18, 2024 | Sold | $309,000 | Lynchburg |
| Mar 28, 2024 | Price changed | $319,900 | Roanoke |
| Mar 4, 2024 | Price changed | $324,900 | Lynchburg |
| Feb 28, 2024 | Price changed | $329,900 | Roanoke |
| Feb 23, 2024 | Listed | $330,000 | Roanoke |
| May 22, 2022 | Listing removed | — | Roanoke |
| May 20, 2022 | Price changed | $325,000 | MLS #337788 |
| May 18, 2022 | Price changed | $330,000 | MLS #337788 |
| May 11, 2022 | Price changed | $335,000 | MLS #888771 |
| Apr 23, 2022 | Price changed | $340,000 | MLS #888771 |
| Apr 21, 2022 | Listed | $350,000 | MLS #888771 |
| Jul 28, 2021 | Sold | $279,000 | Public Record |
| Jul 27, 2021 | Sold | $279,000 | Lynchburg |
| Jun 12, 2021 | Price changed | $279,000 | MLS #331655 |
| Jun 2, 2021 | Price changed | $275,900 | MLS #331655 |
| May 21, 2021 | Price changed | $279,000 | MLS #331655 |
| May 20, 2021 | Listed | $289,000 | MLS #331655 |
| Apr 28, 2017 | Listing removed | $174,900 | Lynchburg |
| Apr 27, 2017 | Sold | $170,000 | Public Record |
| Feb 27, 2017 | Price changed | $174,900 | MLS #302847 |
| Jan 10, 2017 | Listed | $179,900 | MLS #302847 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $202,300 | $50,000 | $252,300 | $1,034 |
| 2021 | $126,700 | $30,000 | $156,700 | $784 |
| 2020 | $126,700 | $30,000 | $156,700 | $783 |
| 2019 | $126,700 | $30,000 | $156,700 | $783 |
| 2016 | $108,300 | $28,000 | $136,300 | $708 |
| 2015 | $108,300 | $28,000 | $136,300 | $708 |
| 2014 | $110,300 | $25,000 | $135,300 | $703 |
| 2013 | $110,300 | $25,000 | $135,300 | $676 |
Property facts
Year built
1999
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,196 sqft
Lot size
74,488 sqft
ZIP code
24523
City
Bedford
Street
Penicks Mill Rd
Coordinates
37.36852, -79.62792
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,294
Gross rental yield
14.17%
Implied cap rate
9.21%
Trend-extrapolated value
—
Frequently asked questions
When did 2498 Penicks Mill Rd last sell?
2498 Penicks Mill Rd most recently sold on Jul 28, 2021 for $279,000.
What is the current tax assessment for 2498 Penicks Mill Rd?
The most recent total assessment for 2498 Penicks Mill Rd (year 2025) is $252,300 with $1,034 in property tax.
How does 2498 Penicks Mill Rd's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $279,000.
When was 2498 Penicks Mill Rd built?
2498 Penicks Mill Rd was built in 1999.
How does 2498 Penicks Mill Rd compare to others on Penicks Mill Rd?
We track 8 other properties on Penicks Mill Rd. Browse the list under "Other properties on Penicks Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 2498 Penicks Mill Rd?
2498 Penicks Mill Rd is a 4 bed, 3 bath, 2,196 sqft, 74,488 sqft lot single_family.
Is 2498 Penicks Mill Rd a flip candidate?
No — 2498 Penicks Mill Rd does not appear in our flips dataset.
Is 2498 Penicks Mill Rd a tax-appeal candidate?
No — 2498 Penicks Mill Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.3%
Implied 1-yr
+17.0%
2026 Q3
$386.7K
2026 Q4
$399.6K
ZIP 24523 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penicks Mill Rd