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1062 Alum Springs Rd

Forest, VA 24551

3 bd 3 ba 1,854 sqft Built 1996 Lot 20,038 sqft single_family
Most recent sale
$275,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $275,000 Public Record
Aug 5, 2022 Sold $275,000 Lynchburg
Jul 15, 2022 Listed $269,900 MLS #339433
Jan 1, 2014 Listing removed $159,900 Lynchburg
Sep 12, 2013 Listed $159,900 MLS #280954
May 9, 2011 Sold $151,500 Public Record
Apr 30, 2011 Listing removed $158,500 Lynchburg
Jan 8, 2011 Price changed $158,500 MLS #262673
Jan 1, 2011 Sold $151,500 Public Record
Dec 1, 2010 Price changed $159,900 MLS #262673
Nov 6, 2010 Price changed $165,000 MLS #262673
Oct 1, 2010 Listed $169,900 MLS #262673
Aug 14, 2003 Sold $132,500 Public Record
Jan 1, 2003 Sold $132,500 Public Record
Feb 17, 1998 Sold $119,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,800 $50,000 $257,800 $1,160
2024 $207,800 $50,000 $257,800 $1,160
2023 $207,800 $50,000 $257,800 $1,160
2022 $142,700 $30,500 $173,200 $900
2021 $142,700 $30,500 $173,200 $901
2020 $142,700 $30,500 $173,200 $901
2019 $142,700 $30,500 $173,200 $901
2018 $114,800 $30,500 $145,300 $756
2017 $114,800 $30,500 $145,300 $756
2016 $114,800 $30,500 $145,300 $756
2015 $114,800 $30,500 $145,300 $756
2014 $114,500 $26,000 $140,500 $731
2013 $114,500 $26,000 $140,500 $745
2010 $116,500 $26,000 $142,500 $656
2009 $116,500 $26,000 $142,500 $656

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,854 sqft
Lot size
20,038 sqft
ZIP code
24551
City
Forest
Street
Alum Springs Rd
Coordinates
37.30342, -79.28905

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,781
Gross rental yield
12.14%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 1062 Alum Springs Rd last sell?
1062 Alum Springs Rd most recently sold on Aug 8, 2022 for $275,000.
What is the current tax assessment for 1062 Alum Springs Rd?
The most recent total assessment for 1062 Alum Springs Rd (year 2025) is $257,800 with $1,160 in property tax.
How does 1062 Alum Springs Rd's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $275,000.
When was 1062 Alum Springs Rd built?
1062 Alum Springs Rd was built in 1996.
How does 1062 Alum Springs Rd compare to others on Alum Springs Rd?
We track 5 other properties on Alum Springs Rd. Browse the list under "Other properties on Alum Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 1062 Alum Springs Rd?
1062 Alum Springs Rd is a 3 bed, 3 bath, 1,854 sqft, 20,038 sqft lot single_family.
Is 1062 Alum Springs Rd a flip candidate?
No — 1062 Alum Springs Rd does not appear in our flips dataset.
Is 1062 Alum Springs Rd a tax-appeal candidate?
No — 1062 Alum Springs 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
+6.0%
Implied 1-yr
+24.2%
2026 Q3
$755K
2026 Q4
$787.8K
ZIP 24551 — Median Price History + Forecast

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