500 Ivy Lake Dr
Forest, VA 24551
4 bd 4 ba 4,400 sqft Built 1999 Lot 40,511 sqft single_family
Most recent sale
$522,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $522,000 | Public Record |
| Aug 23, 2022 | Sold | $522,000 | Lynchburg |
| Jun 22, 2022 | Listed | $519,900 | MLS #338932 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $440,500 | $80,000 | $520,500 | $2,134 |
| 2021 | $353,400 | $80,000 | $433,400 | $2,167 |
| 2020 | $353,400 | $80,000 | $433,400 | $2,167 |
| 2019 | $353,400 | $80,000 | $433,400 | $2,167 |
| 2016 | $332,600 | $80,000 | $412,600 | $2,146 |
| 2015 | $332,600 | $80,000 | $412,600 | $2,146 |
| 2014 | $309,900 | $60,000 | $369,900 | $1,923 |
| 2013 | $309,900 | $60,000 | $369,900 | $1,850 |
Property facts
Year built
1999
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
4,400 sqft
Lot size
40,511 sqft
ZIP code
24551
City
Forest
Street
Ivy Lake Dr
Coordinates
37.39153, -79.31651
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,132
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Ivy Lake Dr last sell?
500 Ivy Lake Dr most recently sold on Aug 24, 2022 for $522,000.
What is the current tax assessment for 500 Ivy Lake Dr?
The most recent total assessment for 500 Ivy Lake Dr (year 2025) is $520,500 with $2,134 in property tax.
How does 500 Ivy Lake Dr's assessment compare to its last sale price?
The current assessment is 0.3% below the last sale price of $522,000.
When was 500 Ivy Lake Dr built?
500 Ivy Lake Dr was built in 1999.
How does 500 Ivy Lake Dr compare to others on Ivy Lake Dr?
We track 8 other properties on Ivy Lake Dr. Browse the list under "Other properties on Ivy Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Ivy Lake Dr?
500 Ivy Lake Dr is a 4 bed, 4 bath, 4,400 sqft, 40,511 sqft lot single_family.
Is 500 Ivy Lake Dr a flip candidate?
No — 500 Ivy Lake Dr does not appear in our flips dataset.
Is 500 Ivy Lake Dr a tax-appeal candidate?
No — 500 Ivy Lake 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
+6.0%
Implied 1-yr
+24.2%
2026 Q3
$755K
2026 Q4
$787.8K
ZIP 24551 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ivy Lake Dr