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1695 Colby Dr

Forest, VA 24551

7 bd 6 ba 7,233 sqft Built 2016 Lot 54,014 sqft single_family
Most recent sale
$890,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2025 Sold $905,000 Lynchburg
Jun 30, 2025 Price changed $950,000 Roanoke
Jun 14, 2025 Price changed $970,000 Lynchburg
May 19, 2025 Listed $975,000 Roanoke
May 17, 2025 Price changed $975,000 Lynchburg
May 10, 2025 Price changed $994,900 Lynchburg
Apr 16, 2025 Price changed $999,900 Lynchburg
Apr 3, 2025 Listed $1,080,000 Lynchburg
May 19, 2022 Sold $890,000 Public Record
Mar 18, 2022 Listed $890,000 MLS #336988
Apr 26, 2019 Sold $540,350 Public Record
Dec 28, 2016 Listing removed $650,000 Lynchburg
May 22, 2016 Price changed $650,000 MLS #295562
Nov 30, 2015 Listed $670,000 MLS #295562
Sep 30, 2015 Sold $59,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $814,200 $70,000 $884,200 $3,625
2021 $508,900 $60,000 $568,900 $2,845
2020 $508,900 $60,000 $568,900 $2,845
2019 $508,900 $60,000 $568,900 $2,845
2016 $50,000 $50,000 $260
2015 $50,000 $50,000 $260
2014 $50,000 $50,000 $260
2013 $50,000 $50,000 $250

Property facts

Year built
2016
Property type
single_family
Stories
2
Beds
7
Baths
6
Living area
7,233 sqft
Lot size
54,014 sqft
ZIP code
24551
City
Forest
Street
Colby Dr
Coordinates
37.30228, -79.32378

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1695 Colby Dr last sell?
1695 Colby Dr most recently sold on May 19, 2022 for $890,000.
What is the current tax assessment for 1695 Colby Dr?
The most recent total assessment for 1695 Colby Dr (year 2025) is $884,200 with $3,625 in property tax.
How does 1695 Colby Dr's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $890,000.
When was 1695 Colby Dr built?
1695 Colby Dr was built in 2016.
How does 1695 Colby Dr compare to others on Colby Dr?
We track 8 other properties on Colby Dr. Browse the list under "Other properties on Colby Dr" to compare beds, baths, and sale history.
What are the property facts for 1695 Colby Dr?
1695 Colby Dr is a 7 bed, 6 bath, 7,233 sqft, 54,014 sqft lot single_family.
Is 1695 Colby Dr a flip candidate?
No — 1695 Colby Dr does not appear in our flips dataset.
Is 1695 Colby Dr a tax-appeal candidate?
No — 1695 Colby 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
+6.0%
Implied 1-yr
+24.2%
2026 Q3
$755K
2026 Q4
$787.8K
ZIP 24551 — Median Price History + Forecast

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