704 Ivy Lake Dr
Forest, VA 24551
2 bd 2 ba 1,294 sqft Built 1989 condos
Most recent sale
$173,000
Feb 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 11, 2022 | Sold | $173,000 | MLS #886549 |
| Jan 27, 2022 | Listed | $172,950 | MLS #886549 |
| Nov 28, 2017 | Listing removed | $139,000 | Lynchburg |
| May 24, 2017 | Sold | $134,000 | Public Record |
| Jan 18, 2017 | Listed | $139,000 | MLS #302990 |
| Aug 1, 2016 | Listing removed | $144,900 | Lynchburg |
| Apr 26, 2016 | Listed | $144,900 | MLS #298174 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $124,500 | $50,000 | $174,500 | $715 |
| 2021 | $92,400 | $35,000 | $127,400 | $637 |
| 2020 | $92,400 | $35,000 | $127,400 | $637 |
| 2019 | $92,400 | $35,000 | $127,400 | $637 |
| 2016 | $99,000 | $35,000 | $134,000 | $697 |
| 2015 | $99,000 | $35,000 | $134,000 | $697 |
| 2014 | $99,000 | $35,000 | $134,000 | $697 |
| 2013 | $99,000 | $35,000 | $134,000 | $670 |
Property facts
Year built
1989
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,294 sqft
Lot size
—
ZIP code
24551
City
Forest
Street
Ivy Lake Dr
Coordinates
37.39303, -79.31219
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
$1,941
Gross rental yield
13.46%
Implied cap rate
8.75%
Trend-extrapolated value
—
Frequently asked questions
When did 704 Ivy Lake Dr last sell?
704 Ivy Lake Dr most recently sold on Feb 11, 2022 for $173,000.
What is the current tax assessment for 704 Ivy Lake Dr?
The most recent total assessment for 704 Ivy Lake Dr (year 2025) is $174,500 with $715 in property tax.
How does 704 Ivy Lake Dr's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $173,000.
When was 704 Ivy Lake Dr built?
704 Ivy Lake Dr was built in 1989.
How does 704 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 704 Ivy Lake Dr?
704 Ivy Lake Dr is a 2 bed, 2 bath, 1,294 sqft condos.
Is 704 Ivy Lake Dr a flip candidate?
No — 704 Ivy Lake Dr does not appear in our flips dataset.
Is 704 Ivy Lake Dr a tax-appeal candidate?
No — 704 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