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509 Jefferson Woods Dr

Forest, VA 24551

3 bd 2 ba 1,527 sqft Built 1988 Lot 16,553 sqft single_family
Most recent sale
$269,900
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $269,900 Public Record
Aug 30, 2022 Sold $269,900 Lynchburg
Jul 23, 2022 Price changed $269,900 MLS #339350
Jul 15, 2022 Price changed $279,900 MLS #339350
Jul 11, 2022 Listed $289,900 MLS #339350

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $202,200 $52,000 $254,200 $1,042
2021 $144,500 $43,000 $187,500 $938
2020 $144,500 $43,000 $187,500 $938
2019 $144,500 $43,000 $187,500 $938
2016 $133,000 $40,000 $173,000 $900
2015 $133,000 $40,000 $173,000 $900
2014 $127,900 $33,000 $160,900 $837
2013 $127,900 $33,000 $160,900 $805

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,527 sqft
Lot size
16,553 sqft
ZIP code
24551
City
Forest
Street
Jefferson Woods Dr
Coordinates
37.35697, -79.27813

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
$2,291
Gross rental yield
10.19%
Implied cap rate
6.62%
Trend-extrapolated value

Frequently asked questions

When did 509 Jefferson Woods Dr last sell?
509 Jefferson Woods Dr most recently sold on Aug 31, 2022 for $269,900.
What is the current tax assessment for 509 Jefferson Woods Dr?
The most recent total assessment for 509 Jefferson Woods Dr (year 2025) is $254,200 with $1,042 in property tax.
How does 509 Jefferson Woods Dr's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $269,900.
When was 509 Jefferson Woods Dr built?
509 Jefferson Woods Dr was built in 1988.
How does 509 Jefferson Woods Dr compare to others on Jefferson Woods Dr?
We track 8 other properties on Jefferson Woods Dr. Browse the list under "Other properties on Jefferson Woods Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Jefferson Woods Dr?
509 Jefferson Woods Dr is a 3 bed, 2 bath, 1,527 sqft, 16,553 sqft lot single_family.
Is 509 Jefferson Woods Dr a flip candidate?
No — 509 Jefferson Woods Dr does not appear in our flips dataset.
Is 509 Jefferson Woods Dr a tax-appeal candidate?
No — 509 Jefferson 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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