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113 Declaration Ter

Forest, VA 24551

3 bd 2 ba 1,717 sqft Built 1986 Lot 16,117 sqft single_family
Most recent sale
$320,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $320,000 Public Record
Jun 27, 2022 Sold $332,500 Lynchburg
Apr 1, 2022 Listed $299,900 MLS #337367
Oct 1, 2003 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $256,100 $54,000 $310,100 $1,271
2021 $179,500 $44,000 $223,500 $1,118
2020 $179,500 $44,000 $223,500 $1,118
2019 $179,500 $44,000 $223,500 $1,118
2016 $154,500 $40,000 $194,500 $1,011
2015 $154,500 $40,000 $194,500 $1,011
2014 $154,000 $33,000 $187,000 $972
2013 $154,000 $33,000 $187,000 $935

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,717 sqft
Lot size
16,117 sqft
ZIP code
24551
City
Forest
Street
Declaration Ter
Coordinates
37.35863, -79.27494

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
$2,576
Gross rental yield
9.66%
Implied cap rate
6.28%
Trend-extrapolated value

Frequently asked questions

When did 113 Declaration Ter last sell?
113 Declaration Ter most recently sold on Jun 29, 2022 for $320,000.
What is the current tax assessment for 113 Declaration Ter?
The most recent total assessment for 113 Declaration Ter (year 2025) is $310,100 with $1,271 in property tax.
How does 113 Declaration Ter's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $320,000.
When was 113 Declaration Ter built?
113 Declaration Ter was built in 1986.
How does 113 Declaration Ter compare to others on Declaration Ter?
We track 5 other properties on Declaration Ter. Browse the list under "Other properties on Declaration Ter" to compare beds, baths, and sale history.
What are the property facts for 113 Declaration Ter?
113 Declaration Ter is a 3 bed, 2 bath, 1,717 sqft, 16,117 sqft lot single_family.
Is 113 Declaration Ter a flip candidate?
No — 113 Declaration Ter does not appear in our flips dataset.
Is 113 Declaration Ter a tax-appeal candidate?
No — 113 Declaration Ter 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
+6.8%
Implied 1-yr
+27.2%
2026 Q3
$734.2K
2026 Q4
$768.8K
ZIP 24551 — Median Price History + Forecast

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