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511 Penny Well Dr

Crozet, VA 22932

5 bd 4 ba 3,297 sqft Built 2014 Lot 4,792 sqft single_family
Most recent sale
$705,000
Mar 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 2, 2022 Sold $705,000 MLS #625471
Jan 10, 2022 Listed $650,000 MLS #625471
Oct 17, 2017 Sold $548,750 MLS #538500
Apr 1, 2016 Sold $548,750 Public Record
Jan 29, 2016 Price changed $569,000 MLS #538500
Oct 8, 2015 Listed $579,000 MLS #538500
Aug 6, 2014 Sold $552,493 MLS #517606
Jan 31, 2014 Listed $520,161 MLS #517606

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $565,800 $167,000 $732,800 $6,551
2024 $565,800 $167,000 $732,800 $5,981
2023 $534,100 $182,500 $716,600 $6,119
2022 $438,200 $180,000 $618,200 $5,279
2021 $376,000 $162,500 $538,500 $4,599
2020 $371,800 $160,000 $531,800 $4,542
2019 $392,500 $145,000 $537,500 $4,590
2018 $383,000 $145,000 $528,000 $4,430
2017 $392,500 $145,000 $537,500 $4,510
2016 $367,400 $145,000 $512,400 $4,299
2015 $364,900 $125,000 $489,900 $4,012
2014 $120,000 $120,000 $959
2013 $91,000 $91,000 $697

Property facts

Year built
2014
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,297 sqft
Lot size
4,792 sqft
ZIP code
22932
City
Crozet
Street
Penny Well Dr
Coordinates
38.05825, -78.70760

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,946
Gross rental yield
8.42%
Implied cap rate
5.47%
Trend-extrapolated value

Frequently asked questions

When did 511 Penny Well Dr last sell?
511 Penny Well Dr most recently sold on Mar 2, 2022 for $705,000.
What is the current tax assessment for 511 Penny Well Dr?
The most recent total assessment for 511 Penny Well Dr (year 2025) is $732,800 with $6,551 in property tax.
How does 511 Penny Well Dr's assessment compare to its last sale price?
The current assessment is 3.9% above the last sale price of $705,000.
When was 511 Penny Well Dr built?
511 Penny Well Dr was built in 2014.
How does 511 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 511 Penny Well Dr?
511 Penny Well Dr is a 5 bed, 4 bath, 3,297 sqft, 4,792 sqft lot single_family.
Is 511 Penny Well Dr a flip candidate?
No — 511 Penny Well Dr does not appear in our flips dataset.
Is 511 Penny Well Dr a tax-appeal candidate?
No — 511 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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