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1402 Palmer Dr

Blacksburg, VA 24060

4 bd 3 ba 3,660 sqft Built 1951 Lot 13,068 sqft single_family
Most recent sale
$375,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2023 Sold $585,000 Public Record
May 8, 2023 Price changed $587,500 NewRiver
Apr 27, 2023 Price changed $598,750 NewRiver
Apr 10, 2023 Listed $614,750 NewRiver
Jun 21, 2022 Sold $375,000 MLS #415012
May 10, 2022 Price changed $429,500 MLS #415012
Apr 29, 2022 Listed $445,000 MLS #415012

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $404,000 $73,800 $477,800 $3,631
2023 $292,400 $73,800 $366,200 $2,563
2022 $210,200 $60,000 $270,200 $2,404
2021 $210,200 $60,000 $270,200 $2,405
2020 $210,200 $60,000 $270,200 $2,405
2019 $210,200 $60,000 $270,200 $2,405
2016 $175,600 $60,000 $235,600 $2,097
2015 $175,600 $60,000 $235,600 $2,097
2014 $179,600 $50,000 $229,600 $2,043

Property facts

Year built
1951
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,660 sqft
Lot size
13,068 sqft
ZIP code
24060
City
Blacksburg
Street
Palmer Dr
Coordinates
37.21931, -80.39447

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1402 Palmer Dr last sell?
1402 Palmer Dr most recently sold on Jun 21, 2022 for $375,000.
What is the current tax assessment for 1402 Palmer Dr?
The most recent total assessment for 1402 Palmer Dr (year 2025) is $477,800 with $3,631 in property tax.
How does 1402 Palmer Dr's assessment compare to its last sale price?
The current assessment is 27.4% above the last sale price of $375,000.
When was 1402 Palmer Dr built?
1402 Palmer Dr was built in 1951.
How does 1402 Palmer Dr compare to others on Palmer Dr?
We track 8 other properties on Palmer Dr. Browse the list under "Other properties on Palmer Dr" to compare beds, baths, and sale history.
What are the property facts for 1402 Palmer Dr?
1402 Palmer Dr is a 4 bed, 3 bath, 3,660 sqft, 13,068 sqft lot single_family.
Is 1402 Palmer Dr a flip candidate?
Yes — 1402 Palmer Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1402 Palmer Dr a tax-appeal candidate?
No — 1402 Palmer Dr 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
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$540.2K
2026 Q4
$542.2K
ZIP 24060 — Median Price History + Forecast

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