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721 Old Town Dr

Colonial Heights, VA 23834

4 bd 2 ba 1,500 sqft Built 1963 Lot 8,712 sqft single_family
Most recent sale
$247,000
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2024 Sold $295,000 CVRMLS
Aug 19, 2024 Listed for rent $2,300 TenantTurner
Feb 22, 2022 Sold $247,000 MLS #2200420
Jan 7, 2022 Listed $260,000 MLS #2200420
Mar 14, 2003 Sold $107,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $130,700 $58,000 $188,700 $2,264
2024 $130,700 $58,000 $188,700 $2,264
2023 $106,800 $49,000 $155,800 $1,869
2022 $106,800 $49,000 $155,800 $1,869
2021 $91,700 $44,000 $135,700 $1,628
2020 $91,700 $44,000 $135,700 $1,628
2019 $85,000 $40,000 $125,000 $1,500
2018 $85,000 $40,000 $125,000 $1,500
2017 $85,100 $37,500 $122,600 $1,471
2016 $85,100 $37,500 $122,600 $1,397
2015 $85,100 $37,500 $122,600 $1,397
2014 $85,100 $37,500 $122,600 $1,397
2013 $90,400 $40,000 $130,400 $1,486
2012 $90,400 $40,000 $130,400 $1,486
2011 $94,200 $47,700 $141,900 $1,560
2010 $94,200 $47,700 $141,900 $1,560
2009 $94,200 $45,000 $139,200 $1,531
2008 $94,200 $45,000 $139,200 $765

Property facts

Year built
1963
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
1,500 sqft
Lot size
8,712 sqft
ZIP code
23834
City
Colonial Heights
Street
Old Town Dr
Coordinates
37.26310, -77.40501

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
$2,250
Gross rental yield
10.93%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 721 Old Town Dr last sell?
721 Old Town Dr most recently sold on Feb 22, 2022 for $247,000.
What is the current tax assessment for 721 Old Town Dr?
The most recent total assessment for 721 Old Town Dr (year 2025) is $188,700 with $2,264 in property tax.
How does 721 Old Town Dr's assessment compare to its last sale price?
The current assessment is 23.6% below the last sale price of $247,000.
When was 721 Old Town Dr built?
721 Old Town Dr was built in 1963.
How does 721 Old Town Dr compare to others on Old Town Dr?
We track 8 other properties on Old Town Dr. Browse the list under "Other properties on Old Town Dr" to compare beds, baths, and sale history.
What are the property facts for 721 Old Town Dr?
721 Old Town Dr is a 4 bed, 2 bath, 1,500 sqft, 8,712 sqft lot single_family.
Is 721 Old Town Dr a flip candidate?
No — 721 Old Town Dr does not appear in our flips dataset.
Is 721 Old Town Dr a tax-appeal candidate?
No — 721 Old Town 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
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$324.8K
2026 Q4
$329.2K
ZIP 23834 — Median Price History + Forecast

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