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511 Jefferson Woods Dr

Forest, VA 24551

3 bd 4 ba 2,331 sqft Built 1988 Lot 16,988 sqft single_family
Most recent sale
$305,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $305,000 Public Record
Mar 17, 2022 Listed $299,900 MLS #337016
Dec 18, 2018 Listing removed $218,500 Roanoke
Jul 1, 2017 Listing removed $224,900 Lynchburg
Jun 30, 2017 Sold $218,500 MLS #837073
May 5, 2017 Listed $224,900 MLS #305138

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $269,200 $54,000 $323,200 $1,325
2021 $184,900 $44,000 $228,900 $1,145
2020 $184,900 $44,000 $228,900 $1,144
2019 $184,900 $44,000 $228,900 $1,144
2016 $154,800 $40,000 $194,800 $1,012
2015 $154,800 $40,000 $194,800 $1,012
2014 $147,300 $34,000 $181,300 $942
2013 $147,300 $34,000 $181,300 $906

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,331 sqft
Lot size
16,988 sqft
ZIP code
24551
City
Forest
Street
Jefferson Woods Dr
Coordinates
37.35678, -79.27799

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
$3,497
Gross rental yield
13.76%
Implied cap rate
8.94%
Trend-extrapolated value

Frequently asked questions

When did 511 Jefferson Woods Dr last sell?
511 Jefferson Woods Dr most recently sold on Apr 22, 2022 for $305,000.
What is the current tax assessment for 511 Jefferson Woods Dr?
The most recent total assessment for 511 Jefferson Woods Dr (year 2025) is $323,200 with $1,325 in property tax.
How does 511 Jefferson Woods Dr's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $305,000.
When was 511 Jefferson Woods Dr built?
511 Jefferson Woods Dr was built in 1988.
How does 511 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 511 Jefferson Woods Dr?
511 Jefferson Woods Dr is a 3 bed, 4 bath, 2,331 sqft, 16,988 sqft lot single_family.
Is 511 Jefferson Woods Dr a flip candidate?
No — 511 Jefferson Woods Dr does not appear in our flips dataset.
Is 511 Jefferson Woods Dr a tax-appeal candidate?
No — 511 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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