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7024 Summers Trace Ter

Chesterfield, VA 23832

4 bd 3 ba 2,232 sqft Built 2005 Lot 25,483 sqft single_family
Most recent sale
$365,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $365,000 MLS #2219712
Jul 21, 2022 Listed $365,000 MLS #2219712
Feb 4, 2019 Sold $256,750 Public Record
Jan 31, 2019 Sold $256,750 MLS #1834678
Dec 12, 2018 Price changed $257,300 MLS #1834678
Oct 1, 2018 Listed $259,300 MLS #1834678
Oct 27, 2016 Listing removed $1,650 RentFeeder
Oct 3, 2016 Listed for rent $1,650 RentFeeder
Dec 16, 2005 Sold $239,299 Public Record
May 13, 2005 Sold $825,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $309,000 $63,000 $372,000 $3,255
2024 $302,800 $63,000 $365,800 $3,176
2023 $288,500 $58,000 $346,500 $3,153
2022 $248,900 $56,000 $304,900 $2,805
2021 $216,400 $54,000 $270,400 $2,569
2020 $199,600 $51,000 $250,600 $2,381
2019 $192,300 $49,000 $241,300 $2,292
2018 $189,000 $48,000 $237,000 $2,252
2017 $182,200 $48,000 $230,200 $2,210
2016 $160,600 $48,000 $208,600 $2,003
2015 $160,600 $48,000 $208,600 $2,003
2014 $152,200 $48,000 $200,200 $1,947
2013 $152,200 $48,000 $200,200 $1,914
2012 $150,000 $48,000 $198,000 $1,906
2011 $163,100 $50,000 $213,100 $2,024
2010 $168,100 $53,000 $221,100 $2,100
2009 $186,900 $53,000 $239,900 $2,279
2008 $208,300 $53,000 $261,300 $2,482
2007 $199,500 $40,000 $239,500 $2,323

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,232 sqft
Lot size
25,483 sqft
ZIP code
23832
City
Chesterfield
Street
Summers Trace Ter
Coordinates
37.45161, -77.51767

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,348
Gross rental yield
11.01%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 7024 Summers Trace Ter last sell?
7024 Summers Trace Ter most recently sold on Aug 12, 2022 for $365,000.
What is the current tax assessment for 7024 Summers Trace Ter?
The most recent total assessment for 7024 Summers Trace Ter (year 2025) is $372,000 with $3,255 in property tax.
How does 7024 Summers Trace Ter's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $365,000.
When was 7024 Summers Trace Ter built?
7024 Summers Trace Ter was built in 2005.
How does 7024 Summers Trace Ter compare to others on Summers Trace Ter?
We track 1 other property on Summers Trace Ter. Browse the list under "Other properties on Summers Trace Ter" to compare beds, baths, and sale history.
What are the property facts for 7024 Summers Trace Ter?
7024 Summers Trace Ter is a 4 bed, 3 bath, 2,232 sqft, 25,483 sqft lot single_family.
Is 7024 Summers Trace Ter a flip candidate?
No — 7024 Summers Trace Ter does not appear in our flips dataset.
Is 7024 Summers Trace Ter a tax-appeal candidate?
No — 7024 Summers Trace Ter 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

Explore nearby

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