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2320 Old Forest Rd

Lynchburg, VA 24501

3 bd 1 ba 1,573 sqft Built 1961 Lot 16,217 sqft single_family
Most recent sale
$175,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $175,000 Public Record
Sep 30, 2022 Sold $175,000 Lynchburg
Jul 17, 2022 Price changed $169,900 MLS #339076
Jul 9, 2022 Price changed $174,900 MLS #339076
Jun 24, 2022 Listed $179,900 MLS #339076
Jun 1, 2022 Sold $130,000 Public Record
Mar 5, 2021 Sold $105,000 Public Record
Jun 21, 2017 Listing removed $79,900 Lynchburg
Jun 21, 2017 Sold $79,000 Public Record
Apr 20, 2017 Price changed $79,900 MLS #303528
Mar 24, 2017 Price changed $84,900 MLS #303528
Mar 8, 2017 Price changed $89,000 MLS #303528
Feb 20, 2017 Listed $99,900 MLS #303528
Jun 4, 2015 Sold $80,000 Public Record
Mar 20, 2015 Listing removed $59,900 Lynchburg
Mar 19, 2015 Sold $50,000 Public Record
Mar 5, 2015 Listed $59,900 MLS #290323
Aug 30, 2001 Sold $29,000 Public Record
Jan 1, 2001 Sold $29,000 Public Record
Oct 1, 1998 Sold $28,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,900 $30,000 $192,900 $1,620
2024 $162,900 $30,000 $192,900 $1,504
2023 $147,000 $22,000 $169,000 $1,504
2022 $52,500 $22,000 $74,500 $767
2021 $52,500 $22,000 $74,500 $827
2020 $49,600 $22,000 $71,600 $795
2019 $49,600 $22,000 $71,600 $795
2018 $47,200 $20,000 $67,200 $746
2017 $47,200 $20,000 $67,200 $746
2016 $47,200 $20,000 $67,200 $746
2014 $50,700 $15,000 $65,700 $729
2013 $50,700 $15,000 $65,700 $729
2012 $50,700 $15,000 $65,700 $729
2011 $50,700 $15,000 $65,700 $690
2009 $50,700 $15,000 $65,700 $690
2008 $50,700 $15,000 $65,700 $690
2006 $50,700 $15,000 $65,700 $643

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,573 sqft
Lot size
16,217 sqft
ZIP code
24501
City
Lynchburg
Street
Old Forest Rd
Coordinates
37.41107, -79.19546

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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2320 Old Forest Rd last sell?
2320 Old Forest Rd most recently sold on Oct 14, 2022 for $175,000.
What is the current tax assessment for 2320 Old Forest Rd?
The most recent total assessment for 2320 Old Forest Rd (year 2025) is $192,900 with $1,620 in property tax.
How does 2320 Old Forest Rd's assessment compare to its last sale price?
The current assessment is 10.2% above the last sale price of $175,000.
When was 2320 Old Forest Rd built?
2320 Old Forest Rd was built in 1961.
How does 2320 Old Forest Rd compare to others on Old Forest Rd?
We track 8 other properties on Old Forest Rd. Browse the list under "Other properties on Old Forest Rd" to compare beds, baths, and sale history.
What are the property facts for 2320 Old Forest Rd?
2320 Old Forest Rd is a 3 bed, 1 bath, 1,573 sqft, 16,217 sqft lot single_family.
Is 2320 Old Forest Rd a flip candidate?
Yes — 2320 Old Forest Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2320 Old Forest Rd a tax-appeal candidate?
No — 2320 Old Forest 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
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$271K
2026 Q4
$276.6K
ZIP 24501 — Median Price History + Forecast

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