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1407 Palmer Dr

Blacksburg, VA 24060

3 bd 3 ba 1,744 sqft Built 1954 Lot 14,985 sqft single_family
Most recent sale
$378,250
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $378,250 MLS #416500
Oct 5, 2022 Listed $359,000 MLS #416500
Oct 1, 2006 Sold $187,000 Public Record
Jan 1, 2006 Sold $187,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $259,900 $80,000 $339,900 $2,583
2023 $243,200 $80,000 $323,200 $2,262
2022 $154,900 $65,000 $219,900 $1,957
2021 $154,900 $65,000 $219,900 $1,957
2020 $154,900 $65,000 $219,900 $1,957
2019 $154,900 $65,000 $219,900 $1,957
2016 $123,400 $65,000 $188,400 $1,677
2015 $123,400 $65,000 $188,400 $1,677
2014 $126,200 $55,000 $181,200 $1,613

Property facts

Year built
1954
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,744 sqft
Lot size
14,985 sqft
ZIP code
24060
City
Blacksburg
Street
Palmer Dr
Coordinates
37.21950, -80.39347

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,616
Gross rental yield
8.30%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 1407 Palmer Dr last sell?
1407 Palmer Dr most recently sold on Oct 28, 2022 for $378,250.
What is the current tax assessment for 1407 Palmer Dr?
The most recent total assessment for 1407 Palmer Dr (year 2025) is $339,900 with $2,583 in property tax.
How does 1407 Palmer Dr's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $378,250.
When was 1407 Palmer Dr built?
1407 Palmer Dr was built in 1954.
How does 1407 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 1407 Palmer Dr?
1407 Palmer Dr is a 3 bed, 3 bath, 1,744 sqft, 14,985 sqft lot single_family.
Is 1407 Palmer Dr a flip candidate?
No — 1407 Palmer Dr does not appear in our flips dataset.
Is 1407 Palmer Dr a tax-appeal candidate?
No — 1407 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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