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5815 Falls Grove Dr

Fredericksburg, VA 22407

4 bd 3 ba 3,012 sqft Built 2011 Lot 6,534 sqft single_family
Most recent sale
$489,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $489,000 MLS #VASP2010290
Jun 21, 2022 Price changed $499,990 MLS #VASP2010290
Jun 9, 2022 Listed $504,990 MLS #VASP2010290
Dec 3, 2018 Sold $339,000 MLS #1000419046
Jun 21, 2018 Sold $339,000 Public Record
May 24, 2018 Price changed $339,001 MLS #1000419046
May 21, 2018 Price changed $339,000 MLS #1000419046
Apr 19, 2018 Listed $345,000 MLS #1000419046
Dec 21, 2011 Sold $314,575 Public Record
Jun 20, 2011 Sold $4,931,106 Public Record
Sep 26, 2008 Sold $14,325,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $306,900 $150,000 $456,900 $3,355
2023 $275,100 $115,000 $390,100 $3,010
2022 $275,100 $115,000 $390,100 $2,877
2021 $227,000 $100,000 $327,000 $2,647
2020 $227,000 $100,000 $327,000 $2,647
2019 $214,600 $95,000 $309,600 $2,624
2018 $214,600 $95,000 $309,600 $2,579
2017 $210,000 $85,000 $295,000 $2,508
2016 $210,000 $85,000 $295,000 $2,508
2015 $203,000 $85,000 $288,000 $2,477
2014 $203,000 $85,000 $288,000 $2,477
2013 $178,700 $75,000 $253,700 $2,233
2012 $178,700 $75,000 $253,700 $2,233
2011 $75,000 $75,000 $645
2010 $75,000 $75,000 $645
2009 $120,000 $120,000 $744
2008 $120,000 $120,000 $744
2007 $100,000 $100,000 $620

Property facts

Year built
2011
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,012 sqft
Lot size
6,534 sqft
ZIP code
22407
City
Fredericksburg
Street
Falls Grove Dr
Coordinates
38.21354, -77.53395

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
$4,518
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value

Frequently asked questions

When did 5815 Falls Grove Dr last sell?
5815 Falls Grove Dr most recently sold on Aug 1, 2022 for $489,000.
What is the current tax assessment for 5815 Falls Grove Dr?
The most recent total assessment for 5815 Falls Grove Dr (year 2025) is $456,900 with $3,355 in property tax.
How does 5815 Falls Grove Dr's assessment compare to its last sale price?
The current assessment is 6.6% below the last sale price of $489,000.
When was 5815 Falls Grove Dr built?
5815 Falls Grove Dr was built in 2011.
How does 5815 Falls Grove Dr compare to others on Falls Grove Dr?
We track 5 other properties on Falls Grove Dr. Browse the list under "Other properties on Falls Grove Dr" to compare beds, baths, and sale history.
What are the property facts for 5815 Falls Grove Dr?
5815 Falls Grove Dr is a 4 bed, 3 bath, 3,012 sqft, 6,534 sqft lot single_family.
Is 5815 Falls Grove Dr a flip candidate?
No — 5815 Falls Grove Dr does not appear in our flips dataset.
Is 5815 Falls Grove Dr a tax-appeal candidate?
No — 5815 Falls Grove 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
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$480.8K
2026 Q4
$474K
ZIP 22407 — Median Price History + Forecast

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