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224 Otterview Rd

Forest, VA 24551

3 bd 3 ba 1,784 sqft Built 1980 Lot 72,745 sqft single_family
Most recent sale
$365,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $365,000 Public Record
Jul 13, 2022 Sold $365,000 Lynchburg
May 28, 2022 Listed $350,000 MLS #338539
Mar 30, 2018 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,200 $80,000 $273,200 $1,120
2021 $139,700 $65,000 $204,700 $1,024
2020 $139,700 $65,000 $204,700 $1,024
2019 $139,700 $65,000 $204,700 $1,024
2016 $128,700 $50,400 $179,100 $931
2015 $128,700 $50,400 $179,100 $931
2014 $134,900 $47,400 $182,300 $948
2013 $134,900 $47,400 $182,300 $912

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,784 sqft
Lot size
72,745 sqft
ZIP code
24551
City
Forest
Street
Otterview Rd
Coordinates
37.35331, -79.30305

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
$2,676
Gross rental yield
8.80%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 224 Otterview Rd last sell?
224 Otterview Rd most recently sold on Jul 14, 2022 for $365,000.
What is the current tax assessment for 224 Otterview Rd?
The most recent total assessment for 224 Otterview Rd (year 2025) is $273,200 with $1,120 in property tax.
How does 224 Otterview Rd's assessment compare to its last sale price?
The current assessment is 25.2% below the last sale price of $365,000.
When was 224 Otterview Rd built?
224 Otterview Rd was built in 1980.
How does 224 Otterview Rd compare to others on Otterview Rd?
We track 8 other properties on Otterview Rd. Browse the list under "Other properties on Otterview Rd" to compare beds, baths, and sale history.
What are the property facts for 224 Otterview Rd?
224 Otterview Rd is a 3 bed, 3 bath, 1,784 sqft, 72,745 sqft lot single_family.
Is 224 Otterview Rd a flip candidate?
No — 224 Otterview Rd does not appear in our flips dataset.
Is 224 Otterview Rd a tax-appeal candidate?
No — 224 Otterview 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
+6.8%
Implied 1-yr
+27.2%
2026 Q3
$734.2K
2026 Q4
$768.8K
ZIP 24551 — Median Price History + Forecast

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