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1567 Somerset Dr

Forest, VA 24551

4 bd 3 ba 3,251 sqft Built 2005 Lot 22,216 sqft single_family
Most recent sale
$501,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $501,000 Public Record
Mar 21, 2022 Listed $480,000 MLS #337070

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $433,700 $70,000 $503,700 $2,065
2021 $304,700 $60,000 $364,700 $1,824
2020 $304,700 $60,000 $364,700 $1,824
2019 $304,700 $60,000 $364,700 $1,824
2016 $290,200 $55,000 $345,200 $1,795
2015 $290,200 $55,000 $345,200 $1,795
2014 $312,300 $55,000 $367,300 $1,910
2013 $312,300 $55,000 $367,300 $1,837

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,251 sqft
Lot size
22,216 sqft
ZIP code
24551
City
Forest
Street
Somerset Dr
Coordinates
37.29649, -79.32202

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,877
Gross rental yield
11.68%
Implied cap rate
7.59%
Trend-extrapolated value

Frequently asked questions

When did 1567 Somerset Dr last sell?
1567 Somerset Dr most recently sold on Apr 28, 2022 for $501,000.
What is the current tax assessment for 1567 Somerset Dr?
The most recent total assessment for 1567 Somerset Dr (year 2025) is $503,700 with $2,065 in property tax.
How does 1567 Somerset Dr's assessment compare to its last sale price?
The current assessment is 0.5% above the last sale price of $501,000.
When was 1567 Somerset Dr built?
1567 Somerset Dr was built in 2005.
How does 1567 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 1567 Somerset Dr?
1567 Somerset Dr is a 4 bed, 3 bath, 3,251 sqft, 22,216 sqft lot single_family.
Is 1567 Somerset Dr a flip candidate?
No — 1567 Somerset Dr does not appear in our flips dataset.
Is 1567 Somerset Dr a tax-appeal candidate?
No — 1567 Somerset 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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