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1062 Wallace Cole Rd

South Boston, VA 24592

3 bd 2 ba 1,422 sqft Built 1958 Lot 65,340 sqft single_family
Most recent sale
$127,500
Aug 18, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Price changed $199,000 SouthernPiedmontLL
Mar 27, 2024 Price changed $225,000 SouthernPiedmontLL
Jan 29, 2024 Listed $239,000 SouthernPiedmontLL
Aug 18, 2023 Sold $127,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,673 $13,750 $189,423 $947
2023 $77,885 $13,750 $91,635 $458
2022 $75,264 $13,750 $89,014 $445
2021 $75,264 $13,750 $89,014 $445
2020 $75,264 $13,750 $89,014 $445
2019 $77,031 $13,750 $90,781 $453
2018 $77,031 $13,750 $90,781 $435

Property facts

Year built
1958
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,422 sqft
Lot size
65,340 sqft
ZIP code
24592
City
South Boston
Street
Wallace Cole Rd
Coordinates
36.64420, -78.86301

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$765
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1062 Wallace Cole Rd last sell?
1062 Wallace Cole Rd most recently sold on Aug 18, 2023 for $127,500.
What is the current tax assessment for 1062 Wallace Cole Rd?
The most recent total assessment for 1062 Wallace Cole Rd (year 2025) is $189,423 with $947 in property tax.
How does 1062 Wallace Cole Rd's assessment compare to its last sale price?
The current assessment is 48.6% above the last sale price of $127,500.
When was 1062 Wallace Cole Rd built?
1062 Wallace Cole Rd was built in 1958.
How does 1062 Wallace Cole Rd compare to others on Wallace Cole Rd?
We track 3 other properties on Wallace Cole Rd. Browse the list under "Other properties on Wallace Cole Rd" to compare beds, baths, and sale history.
What are the property facts for 1062 Wallace Cole Rd?
1062 Wallace Cole Rd is a 3 bed, 2 bath, 1,422 sqft, 65,340 sqft lot single_family.
Is 1062 Wallace Cole Rd a flip candidate?
No — 1062 Wallace Cole Rd does not appear in our flips dataset.
Is 1062 Wallace Cole Rd a tax-appeal candidate?
Yes — 1062 Wallace Cole Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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
$256.1K
2026 Q4
$261.4K
ZIP 24592 — Median Price History + Forecast

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