Sold
Last Sold Price
8 beds
5290 Waterlick Rd, Forest, VA 24551
Multi FamilyProperty Type
0.56 acresLot Size
1983Year Built

Description

This 4-plex is currently fully occupied, each unit has 2 bedrooms, 1 bath, stove, refrig, dishwasher, washer & dryer. Tenant pays their own electric and owner pays Trash, Water, House Meter & Lawn care. These tenants are all long term tenants.This 4-plex is currently fully occupied, each unit has 2 bedrooms, 1 bath, stove, refrig, dishwasher, washer & dryer. Tenant pays their own electric and owner pays Trash, Water, House Meter & Lawn care. These tenants are all long term tenants.
  • Listed by: Ryan Gardner • Blanks Properties, Inc.
Listing closed: 04/04/2025 12:00 AM • Source: Lynchburg Association of REALTORS, MLS#: 357877

Recent comparable sales

Median sold price

$374,900

Avg days on market

27

Sale-to-list ratio

96.9%

Forest, VA

9 comparable properties found

a front view of a house with a yard
1/55
1

$357,500

Sold 04/07/25

4
Bedrooms
3,197
Square Feet
0.92
Acres
$405,000 | 102 Meadows Drive, Forest, VA 24551
1/41
2

$405,000

Sold 05/15/26

3
Bedrooms
2,734
Square Feet
0.46
Acres
an empty room with windows fireplace and wooden floor
1/64
3

$420,000

Sold 05/13/26

4
Bedrooms
2,270
Square Feet
1.44
Acres
a front view of a house
1/36
4

$277,000

Sold 11/16/24

3
Bedrooms
2,220
Square Feet
Unavailable
Acres
5

$395,000

Sold 08/26/25

4
Bedrooms
3.5
Bathrooms
2,292
Square Feet
5.08
Acres
a front view of house with yard and green space
1/60
6

$374,900

Sold 05/27/25

4
Bedrooms
2,310
Square Feet
0.52
Acres
$399,900 | 108 Minuteman Drive, Forest, VA 24551
1/36
7

$399,900

Sold 03/13/26

3
Bedrooms
2,740
Square Feet
0.48
Acres
a view of a house with a yard
1/59
8

$356,000

Sold 04/17/26

3
Bedrooms
2,541
Square Feet
0.59
Acres
$349,900 | 404 Paul Revere Drive, Forest, VA 24551
1/38
9

$349,900

Sold 08/21/26

4
Bedrooms
2,308
Square Feet
0.49
Acres

Location

Listing Courtesy of Blanks Properties, Inc., Ryan Gardner

Sold By Century 21 ALL-SERVICE-APP, Michelle Ford

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Payment Calculator

$1,941 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,789

Property Taxes

$152

HOA Dues

$0

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Property Information for 5290 Waterlick Road

Property Details
  • Taxes: $1,820 / year
  • MLS Type: Multi-Family / Multi-Family
  • Parking: Parking Lot
  • Directions: Thomas Jefferson Rd to Waterlick Rd building on the Right across from Blanks Properties, Inc. office.
Building Information
  • Residences: 4
  • Year Built: 1983
  • Lot Size: 0.56 AC / 24,394 SF
Summary
Location and General Information
  • County/City: Bedford
  • State: VA
  • ZIP: 24551
  • Area: Bedford
  • Longitude: .00
  • Latitude: .00
  • City/Town: Forest
Taxes and HOA
  • Estimated Taxes: $1,820.00
  • Taxes Expense: $.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Bedford
Property
Lot Information
  • Acres: 0.56
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 24394.0
  • Square Footage: 0.0
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1983
  • Age: 0
  • FIPS Code: 19
  • Legal Description: Colonial AC PT PAR D
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: Septic Tank
  • Water Exp Frequency: Monthly
  • Water Expense: $85
  • Water Heater: Electric
  • Water: County
  • # of Water Meters: 1
  • Utility - Electric: American Electric
  • Electric Exp Freq: Monthly
  • Electric Expense: $12
  • Shared Utilities: Indiv Meter/Electric
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Brick
  • Attach Doc to DocBox: Cash Flow Statement, Disclosure
Interior Features
  • Flooring: Carpet, Vinyl
  • Heating System: Heat Pump, Hot Water-Elec
  • Internet Providers: Shentel
  • Limited Services: No
  • Cooling: Heat Pump
  • Walls: Drywall
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 4
  • Number of Unfurnished Units: 0
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 Occupancy: Occupied
  • Unit 1 Rent Amount: $535.00
  • Unit 1 Square Feet: 760.0
  • Unit 1 Amenities: Balcony/Patio, Cable TV, Carpet, Dishwasher, Dryer, Dryer Hookup, Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors, Washer, Washer Hookup
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 Occupancy: Occupied
  • Unit 2 Rent Amount: $600.00
  • Unit 2 Square Feet: 760.0
  • Unit 2 Amenities: Balcony/Patio, Cable TV, Carpet, Dishwasher, Dryer, Dryer Hookup, Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors, Washer, Washer Hookup
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 1
  • Unit 3 Half Baths: 0
  • Unit 3 Occupancy: Occupied
  • Unit 3 Rent Amount: $535.00
  • Unit 3 Square Feet: 760.0
  • Unit 3 Amenities: Balcony/Patio, Cable TV, Carpet, Dishwasher, Dryer, Dryer Hookup, Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors, Washer, Washer Hookup
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Half Baths: 0
  • Unit 4 Occupancy: Occupied
  • Unit 4 Rent Amount: $550.00
  • Unit 4 Square Feet: 760.0
  • Unit 4 Amenities: Balcony/Patio, Cable TV, Carpet, Dishwasher, Dryer, Dryer Hookup, Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors, Washer, Washer Hookup
Unit 5
  • Unit 5 Full Baths: 0
  • Unit 5 Half Baths: 0
  • Unit 5 Rent Amount: $.00
  • Unit 5 Square Feet: 0.0
Unit 6
  • Unit 6 Full Baths: 0
  • Unit 6 Half Baths: 0
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 0.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Expenses: $0
  • Maintenance Expense: $0
  • Miscellaneous: Individual Laundry
  • Net Oper Income: $0
  • Annual Gross Income: $26,640

Property History for 5290 Waterlick Road

DateEvent & SourcePriceAppreciation
Apr 4, 2025

Sold

Lynchburg Association of REALTORS #357877

$352,000
Mar 31, 2025

Sold (Public Record)

Public Record #1554934084

$352,000
Mar 21, 2025

Pending

Lynchburg Association of REALTORS #357877

DateEvent & SourcePrice
04/04/2025

Sold

Lynchburg Association of REALTORS #357877

$352,000
03/31/2025

Sold (Public Record)

Public Record #1554934084

$352,000
03/21/2025

Pending

Lynchburg Association of REALTORS #357877

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5290 Waterlick Road

Taxable ValueLand$60,000Additions$232,400Total$292,400
Tax Record2026$1,199 ($100 / month)
Home Facts
Baths4Total Finished SqFt1,664 SqFtAbove Grade Finished SqFt1,664 SqFtStories1Lot Size24,394 SqFtStyleMulti-Family Dwelling (2-4)Year Built1983Year Renovated1983CountyBEDFORDAPN136B 3 D1

Schools near 5290 Waterlick Road

This home is within Bedford County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Thomas Jefferson Elementary School
PublicPK to 5

Forest Middle School
Public6 to 8

Jefferson Forest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5290 Waterlick Road, Forest, VA 24551
$352,000
8
24,394
4
1,664
21,780
$374,900
4
2,310
22,651
3
2
1,372
20,038
$305,000
4
2,522
101,930
$225,000
3
1,882
20,038

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blanks Properties, Inc., Ryan Gardner

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.