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1178 Ivy Woods Dr

Forest, VA 24551

4 bd 4 ba 3,584 sqft Built 1979 Lot 22,216 sqft single_family
Most recent sale
$489,900
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $489,900 Lynchburg
May 26, 2022 Sold $489,900 Public Record
Mar 31, 2022 Listed $489,900 MLS #337169
Aug 24, 2021 Sold $210,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $343,300 $59,000 $402,300 $1,649
2021 $179,200 $49,000 $228,200 $1,141
2020 $179,200 $49,000 $228,200 $1,141
2019 $179,200 $49,000 $228,200 $1,141
2016 $169,200 $34,000 $203,200 $1,056
2015 $169,200 $34,000 $203,200 $1,056
2014 $176,600 $34,000 $210,600 $1,095
2013 $176,600 $34,000 $210,600 $1,053

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,584 sqft
Lot size
22,216 sqft
ZIP code
24551
City
Forest
Street
Ivy Woods Dr
Coordinates
37.39298, -79.32794

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,376
Gross rental yield
13.17%
Implied cap rate
8.56%
Trend-extrapolated value

Frequently asked questions

When did 1178 Ivy Woods Dr last sell?
1178 Ivy Woods Dr most recently sold on May 26, 2022 for $489,900.
What is the current tax assessment for 1178 Ivy Woods Dr?
The most recent total assessment for 1178 Ivy Woods Dr (year 2025) is $402,300 with $1,649 in property tax.
How does 1178 Ivy Woods Dr's assessment compare to its last sale price?
The current assessment is 17.9% below the last sale price of $489,900.
When was 1178 Ivy Woods Dr built?
1178 Ivy Woods Dr was built in 1979.
How does 1178 Ivy Woods Dr compare to others on Ivy Woods Dr?
We track 6 other properties on Ivy Woods Dr. Browse the list under "Other properties on Ivy Woods Dr" to compare beds, baths, and sale history.
What are the property facts for 1178 Ivy Woods Dr?
1178 Ivy Woods Dr is a 4 bed, 4 bath, 3,584 sqft, 22,216 sqft lot single_family.
Is 1178 Ivy Woods Dr a flip candidate?
Yes — 1178 Ivy Woods Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1178 Ivy Woods Dr a tax-appeal candidate?
No — 1178 Ivy Woods 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
+6.0%
Implied 1-yr
+24.2%
2026 Q3
$755K
2026 Q4
$787.8K
ZIP 24551 — Median Price History + Forecast

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