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524 Reed St

Damascus, VA 24236

3 bd 2 ba 1,040 sqft Built 1992 Lot 36,590 sqft mobile
Most recent sale
$170,000
Apr 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Sold $170,000 SouthWestVA
Feb 2, 2024 Listed $164,900 SouthWestVA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $94,300 $30,000 $124,300 $382
2023 $43,700 $20,000 $63,700 $382

Property facts

Year built
1992
Property type
mobile
Stories
Beds
3
Baths
2
Living area
1,040 sqft
Lot size
36,590 sqft
ZIP code
24236
City
Damascus
Street
Reed St
Coordinates
36.63853, -81.79686

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
$1,560
Gross rental yield
11.01%
Implied cap rate
7.16%
Trend-extrapolated value

Frequently asked questions

When did 524 Reed St last sell?
524 Reed St most recently sold on Apr 17, 2024 for $170,000.
What is the current tax assessment for 524 Reed St?
The most recent total assessment for 524 Reed St (year 2024) is $124,300 with $382 in property tax.
How does 524 Reed St's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $170,000.
When was 524 Reed St built?
524 Reed St was built in 1992.
How does 524 Reed St compare to others on Reed St?
We track 3 other properties on Reed St. Browse the list under "Other properties on Reed St" to compare beds, baths, and sale history.
What are the property facts for 524 Reed St?
524 Reed St is a 3 bed, 2 bath, 1,040 sqft, 36,590 sqft lot mobile.
Is 524 Reed St a flip candidate?
No — 524 Reed St does not appear in our flips dataset.
Is 524 Reed St a tax-appeal candidate?
No — 524 Reed St 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
+7.2%
Implied 1-yr
+29.0%
2026 Q1
$408.2K
2026 Q2
$428.2K
ZIP 24236 — Median Price History + Forecast

Explore nearby

Other properties on Reed St