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870 Gilmer Branch Rd

Boones Mill, VA 24065

4 bd 3 ba 2,450 sqft Built 2004 Lot 460,429 sqft single_family
Most recent sale
$420,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2025 Sold $630,000 Roanoke
Jul 22, 2025 Listed $624,950 Roanoke
Feb 4, 2022 Sold $420,000 MLS #886028
Dec 28, 2021 Listed $420,000 MLS #886028
Feb 12, 2016 Sold $275,000 Public Record
Nov 29, 2014 Listing removed $364,900 Roanoke
Oct 6, 2014 Price changed $364,900 MLS #807440
Aug 28, 2014 Listed $374,900 MLS #807440
Oct 25, 2010 Sold $175,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,800 $70,300 $424,100 $1,823
2023 $237,100 $63,300 $300,400 $1,832
2022 $237,100 $63,300 $300,400 $1,509
2021 $237,100 $63,300 $300,400 $136
2020 $237,100 $63,300 $300,400 $136
2019 $210,600 $63,300 $273,900 $1,671
2018 $39,000 $39,000 $238
2017 $39,000 $39,000 $215
2016 $39,000 $39,000 $215
2015 $77,900 $77,900 $428
2014 $77,900 $77,900 $428
2013 $77,900 $77,900 $421
2012 $77,900 $77,900 $421
2010 $87,700 $87,700 $421
2009 $87,700 $87,700 $403

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,450 sqft
Lot size
460,429 sqft
ZIP code
24065
City
Boones Mill
Street
Gilmer Branch Rd
Coordinates
37.10734, -79.91401

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,675
Gross rental yield
10.50%
Implied cap rate
6.83%
Trend-extrapolated value

Frequently asked questions

When did 870 Gilmer Branch Rd last sell?
870 Gilmer Branch Rd most recently sold on Feb 4, 2022 for $420,000.
What is the current tax assessment for 870 Gilmer Branch Rd?
The most recent total assessment for 870 Gilmer Branch Rd (year 2025) is $424,100 with $1,823 in property tax.
How does 870 Gilmer Branch Rd's assessment compare to its last sale price?
The current assessment is 1.0% above the last sale price of $420,000.
When was 870 Gilmer Branch Rd built?
870 Gilmer Branch Rd was built in 2004.
How does 870 Gilmer Branch Rd compare to others on Gilmer Branch Rd?
We track 4 other properties on Gilmer Branch Rd. Browse the list under "Other properties on Gilmer Branch Rd" to compare beds, baths, and sale history.
What are the property facts for 870 Gilmer Branch Rd?
870 Gilmer Branch Rd is a 4 bed, 3 bath, 2,450 sqft, 460,429 sqft lot single_family.
Is 870 Gilmer Branch Rd a flip candidate?
No — 870 Gilmer Branch Rd does not appear in our flips dataset.
Is 870 Gilmer Branch Rd a tax-appeal candidate?
No — 870 Gilmer Branch Rd 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
+6.4%
Implied 1-yr
+25.8%
2026 Q2
$374.5K
2026 Q3
$391.5K
ZIP 24065 — Median Price History + Forecast

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