501 Forest Hill Dr
Blacksburg, VA 24060
4 bd 3 ba 3,650 sqft Built 1972 Lot 28,314 sqft single_family
Most recent sale
$550,000
Mar 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 15, 2024 | Sold | $550,000 | NewRiver |
| Nov 20, 2023 | Price changed | $564,900 | NewRiver |
| Oct 16, 2023 | Price changed | $574,900 | NewRiver |
| Oct 2, 2023 | Listed | $599,900 | NewRiver |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $436,300 | $115,000 | $551,300 | $4,189 |
| 2023 | $436,300 | $115,000 | $551,300 | $3,859 |
| 2022 | $328,900 | $100,000 | $428,900 | $3,817 |
| 2021 | $328,900 | $100,000 | $428,900 | $3,817 |
| 2020 | $328,900 | $100,000 | $428,900 | $3,817 |
| 2019 | $328,900 | $100,000 | $428,900 | $3,817 |
| 2016 | $314,300 | $100,000 | $414,300 | $3,687 |
| 2015 | $314,300 | $100,000 | $414,300 | $3,687 |
| 2014 | $299,500 | $100,000 | $399,500 | $3,555 |
Property facts
Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,650 sqft
Lot size
28,314 sqft
ZIP code
24060
City
Blacksburg
Street
Forest Hill Dr
Coordinates
37.21547, -80.39453
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,475
Gross rental yield
11.95%
Implied cap rate
7.76%
Trend-extrapolated value
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Frequently asked questions
When did 501 Forest Hill Dr last sell?
501 Forest Hill Dr most recently sold on Mar 15, 2024 for $550,000.
What is the current tax assessment for 501 Forest Hill Dr?
The most recent total assessment for 501 Forest Hill Dr (year 2025) is $551,300 with $4,189 in property tax.
How does 501 Forest Hill Dr's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $550,000.
When was 501 Forest Hill Dr built?
501 Forest Hill Dr was built in 1972.
How does 501 Forest Hill Dr compare to others on Forest Hill Dr?
We track 3 other properties on Forest Hill Dr. Browse the list under "Other properties on Forest Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 501 Forest Hill Dr?
501 Forest Hill Dr is a 4 bed, 3 bath, 3,650 sqft, 28,314 sqft lot single_family.
Is 501 Forest Hill Dr a flip candidate?
No — 501 Forest Hill Dr does not appear in our flips dataset.
Is 501 Forest Hill Dr a tax-appeal candidate?
No — 501 Forest Hill Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$540.2K
2026 Q4
$542.2K
ZIP 24060 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Hill Dr