503 Bedford Springs Rd
Lynchburg, VA 24502
4 bd 3 ba 2,350 sqft Built 1977 Lot 21,780 sqft single_family
Most recent sale
$315,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2022 | Sold | $315,000 | Public Record |
| May 18, 2022 | Sold | $315,000 | Lynchburg |
| Apr 10, 2022 | Price changed | $309,900 | MLS #337339 |
| Apr 1, 2022 | Listed | $319,900 | MLS #337339 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $216,600 | $45,000 | $261,600 | $1,177 |
| 2024 | $216,600 | $45,000 | $261,600 | $1,177 |
| 2023 | $216,600 | $45,000 | $261,600 | $1,177 |
| 2021 | $148,800 | $25,000 | $173,800 | $904 |
| 2020 | $148,800 | $25,000 | $173,800 | $903 |
| 2019 | $148,800 | $25,000 | $173,800 | $903 |
| 2018 | $139,600 | $30,300 | $169,900 | $883 |
| 2017 | $139,600 | $30,300 | $169,900 | $883 |
| 2016 | $139,600 | $30,300 | $169,900 | $883 |
| 2015 | $139,600 | $30,300 | $169,900 | $883 |
| 2014 | $134,300 | $30,000 | $164,300 | $854 |
| 2013 | $134,300 | $30,000 | $164,300 | $870 |
| 2010 | $132,200 | $30,000 | $162,200 | $746 |
| 2009 | $132,200 | $30,000 | $162,200 | $746 |
Property facts
Year built
1977
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,350 sqft
Lot size
21,780 sqft
ZIP code
24502
City
Lynchburg
Street
Bedford Springs Rd
Coordinates
37.29424, -79.27182
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,525
Gross rental yield
13.43%
Implied cap rate
8.73%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Bedford Springs Rd last sell?
503 Bedford Springs Rd most recently sold on May 19, 2022 for $315,000.
What is the current tax assessment for 503 Bedford Springs Rd?
The most recent total assessment for 503 Bedford Springs Rd (year 2025) is $261,600 with $1,177 in property tax.
How does 503 Bedford Springs Rd's assessment compare to its last sale price?
The current assessment is 17.0% below the last sale price of $315,000.
When was 503 Bedford Springs Rd built?
503 Bedford Springs Rd was built in 1977.
How does 503 Bedford Springs Rd compare to others on Bedford Springs Rd?
We track 8 other properties on Bedford Springs Rd. Browse the list under "Other properties on Bedford Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 503 Bedford Springs Rd?
503 Bedford Springs Rd is a 4 bed, 3 bath, 2,350 sqft, 21,780 sqft lot single_family.
Is 503 Bedford Springs Rd a flip candidate?
No — 503 Bedford Springs Rd does not appear in our flips dataset.
Is 503 Bedford Springs Rd a tax-appeal candidate?
No — 503 Bedford Springs Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bedford Springs Rd