1702 Colby Dr
Forest, VA 24551
5 bd 3 ba 2,940 sqft Built 2020 Lot 19,602 sqft single_family
Most recent sale
$560,000
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 8, 2022 | Sold | $560,000 | Public Record |
| Aug 5, 2022 | Sold | $560,000 | Lynchburg |
| Jun 23, 2022 | Listed | $549,900 | MLS #338992 |
| Apr 1, 2020 | Sold | $429,000 | Lynchburg |
| Oct 17, 2019 | Listed | $429,000 | MLS #321551 |
| Oct 2, 2018 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $509,100 | $70,000 | $579,100 | $2,374 |
| 2021 | $354,200 | $60,000 | $414,200 | $2,071 |
| 2020 | — | $55,000 | $55,000 | $275 |
| 2019 | — | $55,000 | $55,000 | $275 |
| 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
2020
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,940 sqft
Lot size
19,602 sqft
ZIP code
24551
City
Forest
Street
Colby Dr
Coordinates
37.30152, -79.32365
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,410
Gross rental yield
9.45%
Implied cap rate
6.14%
Trend-extrapolated value
—
Frequently asked questions
When did 1702 Colby Dr last sell?
1702 Colby Dr most recently sold on Aug 8, 2022 for $560,000.
What is the current tax assessment for 1702 Colby Dr?
The most recent total assessment for 1702 Colby Dr (year 2025) is $579,100 with $2,374 in property tax.
How does 1702 Colby Dr's assessment compare to its last sale price?
The current assessment is 3.4% above the last sale price of $560,000.
When was 1702 Colby Dr built?
1702 Colby Dr was built in 2020.
How does 1702 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 1702 Colby Dr?
1702 Colby Dr is a 5 bed, 3 bath, 2,940 sqft, 19,602 sqft lot single_family.
Is 1702 Colby Dr a flip candidate?
Yes — 1702 Colby Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1702 Colby Dr a tax-appeal candidate?
No — 1702 Colby Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.0%
Implied 1-yr
+24.2%
2026 Q3
$755K
2026 Q4
$787.8K
ZIP 24551 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colby Dr