509 South St
Bedford, VA 24523
4 bd 2 ba 3,150 sqft Built 1927 Lot 21,780 sqft single_family
Most recent sale
$63,000
Jul 17, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2024 | Sold | $110,000 | BrightMLS |
| Mar 7, 2024 | Price changed | $125,000 | Lynchburg |
| Feb 2, 2024 | Listed | $130,000 | Roanoke |
| Jul 17, 2023 | Sold | $63,000 | Lynchburg |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $48,400 | $22,000 | $70,400 | $352 |
| 2020 | $48,400 | $22,000 | $70,400 | $352 |
| 2019 | $48,400 | $22,000 | $70,400 | $352 |
| 2015 | $65,400 | $20,000 | $85,400 | $444 |
| 2014 | $69,400 | $20,000 | $89,400 | $464 |
| 2013 | $69,400 | $20,000 | $89,400 | $768 |
| 2011 | $69,400 | $20,000 | $89,400 | $768 |
| 2010 | $65,300 | $16,000 | $81,300 | $699 |
Property facts
Year built
1927
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
3,150 sqft
Lot size
21,780 sqft
ZIP code
24523
City
Bedford
Street
South St
Coordinates
37.33047, -79.52108
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$378
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 509 South St last sell?
509 South St most recently sold on Jul 17, 2023 for $63,000.
What is the current tax assessment for 509 South St?
The most recent total assessment for 509 South St (year 2021) is $70,400 with $352 in property tax.
How does 509 South St's assessment compare to its last sale price?
The current assessment is 11.7% above the last sale price of $63,000.
When was 509 South St built?
509 South St was built in 1927.
How does 509 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 509 South St?
509 South St is a 4 bed, 2 bath, 3,150 sqft, 21,780 sqft lot single_family.
Is 509 South St a flip candidate?
Yes — 509 South St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 509 South St a tax-appeal candidate?
No — 509 South St 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 South St