This home's estimate is 16.5% higher than the average sale price ($215K) of 6 comparable homes.
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1021 Tervon Ln, Blue Ridge, VA 24064
About this home
3 Single family homes situated on one tax parcel. All currently rented with excellent tenants. Rental income of $2,395 per month. 1021 Tervon has 4 BD, 2 BA, LR, kitchen, 1023 Tervon has 2 BD, 1 BA, LR, foyer, and 1111 Tervon has 3 BD, 2 BA, LR, laundry room and dining area. Outstanding investment opportunity. Tenants responsible for own utilities and lawn care.
Redfin Estimate
Market trends in 24064, VA
Last updated October 2026
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Sale history for 1021 Tervon Ln
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Interior
- Interior Features
- Interior Features: Breakfast Area, Wood Stove, Storage
- Multi-Unit Information
- # of Units (Total): 3
- Multi-Family Financial Information
- Professional Management Expense: $2,500
- Owner Pays: Management
Exterior
- Building Information
- Year Built: 1950
- Property Information
- PropertyType: MultiFamily
- Lot Information
- Lot Size Area: 2.75
- Lot Size Acres: 2.75
- Lot Size Square Feet: 119,790
- Lot Size Units: Acres
Financial
- Tax Information
- Tax Annual Amount: $633
- Parcel Number: 86 A 87
Utilities
- Heating & Cooling
- Has Heating
- Heating: Heat Pump
Location
- School Information
- Elementary School: Montvale
- Middle Or Junior School: Liberty Middle
- High School: Liberty High
- Location Information
- Directions: From Roanoke, 460 East to right on Villamont Rd, approx. 2 miles to right on Nannie, first right on Tervon Ln.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Bedford County
- APN: 86 A 87
Other
- Listing Information
- ListingId: 873407
- ListPrice: $220,000
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 2.5mi
Public 6-8 • Assigned • 14.3mi
Public 9-12 • Assigned • 14.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
7 days above 98° expected this year, 20 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 8.8 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 24064
Home values near 1021 Tervon Ln
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1440 Sq. Ft. | $246,785 |
- Beds | 2 Baths | 1432 Sq. Ft. | $244,119 |
- Beds | 1 Baths | 715 Sq. Ft. | — |
3 Beds | 2 Baths | 924 Sq. Ft. | — |
- Beds | 2 Baths | 1782 Sq. Ft. | $253,224 |
4 Beds | 2 Baths | 1851 Sq. Ft. | $350,323 |
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 1680 Sq. Ft. | $254,159 |
- Beds | 2 Baths | 1206 Sq. Ft. | $275,492 |
3 Beds | 2 Baths | 1620 Sq. Ft. | $250,228 |
- Beds | 2 Baths | 1440 Sq. Ft. | $207,009 |
2 Beds | 1 Baths | 1838 Sq. Ft. | $55,222 |
| Address | Redfin Estimate |
|---|---|
- Beds | 0.5 Baths | 1260 Sq. Ft. | $156,682 |
- Beds | 1 Baths | 1467 Sq. Ft. | $290,046 |
3 Beds | 2 Baths | 1612 Sq. Ft. | $308,264 |
3 Beds | 1 Baths | 924 Sq. Ft. | $182,367 |
2 Beds | 1.5 Baths | 2621 Sq. Ft. | $243,653 |
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