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4948 Michaelwood Rd

Chesterfield, VA 23832

4 bd 3 ba 2,134 sqft Built 2021 Lot 14,667 sqft single_family
Most recent sale
$431,706
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2024 Sold $479,999 CVRMLS
Mar 31, 2022 Sold $431,706 MLS #2134917
Nov 19, 2021 Listed $431,706 MLS #2134917

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $357,100 $64,000 $421,100 $3,707
2024 $354,600 $62,000 $416,600 $3,343
2023 $298,300 $47,000 $345,300 $3,142
2022 $268,100 $43,000 $311,100 $2,862
2021 $256,500 $40,000 $296,500 $2,817

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,134 sqft
Lot size
14,667 sqft
ZIP code
23832
City
Chesterfield
Street
Michaelwood Rd
Coordinates
37.43811, -77.52683

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
$3,201
Gross rental yield
8.90%
Implied cap rate
5.78%
Trend-extrapolated value

Frequently asked questions

When did 4948 Michaelwood Rd last sell?
4948 Michaelwood Rd most recently sold on Mar 31, 2022 for $431,706.
What is the current tax assessment for 4948 Michaelwood Rd?
The most recent total assessment for 4948 Michaelwood Rd (year 2025) is $421,100 with $3,707 in property tax.
How does 4948 Michaelwood Rd's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $431,706.
When was 4948 Michaelwood Rd built?
4948 Michaelwood Rd was built in 2021.
How does 4948 Michaelwood Rd compare to others on Michaelwood Rd?
We track 8 other properties on Michaelwood Rd. Browse the list under "Other properties on Michaelwood Rd" to compare beds, baths, and sale history.
What are the property facts for 4948 Michaelwood Rd?
4948 Michaelwood Rd is a 4 bed, 3 bath, 2,134 sqft, 14,667 sqft lot single_family.
Is 4948 Michaelwood Rd a flip candidate?
No — 4948 Michaelwood Rd does not appear in our flips dataset.
Is 4948 Michaelwood Rd a tax-appeal candidate?
No — 4948 Michaelwood Rd 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
-3.7%
Implied 1-yr
-14.6%
2026 Q3
$415.5K
2026 Q4
$395.6K
ZIP 23832 — Median Price History + Forecast

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