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505 Penny Well Dr

Crozet, VA 22932

5 bd 5 ba 2,798 sqft Built 2014 Lot 4,356 sqft single_family
Most recent sale
$775,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $775,000 MLS #631457
Jun 15, 2022 Listed $775,000 MLS #631457
Oct 23, 2014 Sold $430,317 MLS #521998
May 31, 2014 Listed $409,780 MLS #521998
Jan 28, 2014 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $495,900 $164,000 $659,900 $5,899
2025 $495,900 $164,000 $659,900 $6,032
2024 $507,800 $167,000 $674,800 $5,507
2023 $477,100 $182,500 $659,600 $5,632
2022 $389,700 $180,000 $569,700 $4,865
2021 $336,800 $162,500 $499,300 $4,264
2020 $333,200 $160,000 $493,200 $4,212
2019 $351,900 $145,000 $496,900 $4,244
2018 $379,600 $145,000 $524,600 $4,401
2017 $369,900 $145,000 $514,900 $4,320
2016 $302,500 $145,000 $447,500 $3,755
2015 $294,400 $125,000 $419,400 $3,435
2014 $120,000 $120,000 $959
2013 $91,000 $91,000 $697

Property facts

Year built
2014
Property type
single_family
Stories
3
Beds
5
Baths
5
Living area
2,798 sqft
Lot size
4,356 sqft
ZIP code
22932
City
Crozet
Street
Penny Well Dr
Coordinates
38.05815, -78.70750

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,197
Gross rental yield
6.50%
Implied cap rate
4.22%
Trend-extrapolated value

Frequently asked questions

When did 505 Penny Well Dr last sell?
505 Penny Well Dr most recently sold on Jul 27, 2022 for $775,000.
What is the current tax assessment for 505 Penny Well Dr?
The most recent total assessment for 505 Penny Well Dr (year 2026) is $659,900 with $5,899 in property tax.
How does 505 Penny Well Dr's assessment compare to its last sale price?
The current assessment is 14.9% below the last sale price of $775,000.
When was 505 Penny Well Dr built?
505 Penny Well Dr was built in 2014.
How does 505 Penny Well Dr compare to others on Penny Well Dr?
We track 3 other properties on Penny Well Dr. Browse the list under "Other properties on Penny Well Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Penny Well Dr?
505 Penny Well Dr is a 5 bed, 5 bath, 2,798 sqft, 4,356 sqft lot single_family.
Is 505 Penny Well Dr a flip candidate?
No — 505 Penny Well Dr does not appear in our flips dataset.
Is 505 Penny Well Dr a tax-appeal candidate?
No — 505 Penny Well Dr 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
+2.1%
Implied 1-yr
+8.3%
2026 Q3
$750.6K
2026 Q4
$764.4K
ZIP 22932 — Median Price History + Forecast

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