231 Farrell Ln
Fredericksburg, VA 22401
2 bd 3 ba 1,080 sqft Built 1988 Lot 1,603 sqft condo
Most recent sale
$225,000
Oct 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 4, 2023 | Sold | $250,000 | Public Record |
| Oct 26, 2023 | Listed | $250,000 | BrightMLS |
| Oct 31, 2022 | Sold | $225,000 | MLS #VAFB2002948 |
| Oct 16, 2022 | Listed | $215,000 | MLS #VAFB2002948 |
| Jun 21, 2019 | Sold | $165,000 | MLS #VAFB114944 |
| Aug 31, 2015 | Sold | $113,000 | Public Record |
| Aug 29, 2015 | Listing removed | $115,000 | MRIS |
| Aug 28, 2015 | Sold | $113,000 | MLS #1000395621 |
| Jul 21, 2015 | Listing removed | $945 | MRIS |
| May 17, 2015 | Listed for rent | $945 | MRIS |
| May 16, 2015 | Listed | $115,000 | MLS #1000395621 |
| May 1, 2015 | Listing removed | $945 | MRIS |
| Dec 23, 2014 | Listing removed | $945 | MRIS |
| Dec 22, 2014 | Listed for rent | $945 | MRIS |
| Nov 15, 2014 | Listed for rent | $945 | MRIS |
| Sep 25, 2013 | Listing removed | $945 | MRIS |
| Aug 5, 2013 | Price changed for rent | $945 | MRIS |
| Jul 15, 2013 | Listed for rent | $970 | MRIS |
| May 17, 2012 | Listing removed | $900 | MRIS |
| May 2, 2012 | Listed for rent | $900 | MRIS |
| Dec 1, 1995 | Sold | $68,000 | Public Record |
| Jul 1, 1989 | Sold | $74,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $175,300 | $50,000 | $225,300 | $1,824 |
| 2023 | $137,900 | $33,000 | $170,900 | $1,521 |
| 2022 | $137,900 | $33,000 | $170,900 | $1,418 |
| 2021 | $137,900 | $33,000 | $170,900 | $1,418 |
| 2020 | $79,500 | $25,000 | $104,500 | $888 |
| 2016 | $79,500 | $25,000 | $104,500 | $805 |
| 2015 | $52,400 | $28,000 | $80,400 | $625 |
| 2014 | $51,100 | $28,000 | $79,100 | $585 |
| 2013 | $51,100 | $28,000 | $79,100 | $293 |
| 2012 | $51,100 | $28,000 | $79,100 | $915 |
| 2011 | $87,100 | $40,000 | $127,100 | $915 |
| 2010 | $87,100 | $40,000 | $127,100 | $864 |
| 2009 | $87,100 | $40,000 | $127,100 | $1,103 |
| 2008 | $132,000 | $65,000 | $197,000 | $1,044 |
| 2007 | $132,000 | $65,000 | $197,000 | $1,044 |
Property facts
Year built
1988
Property type
condo
Stories
2
Beds
2
Baths
3
Living area
1,080 sqft
Lot size
1,603 sqft
ZIP code
22401
City
Fredericksburg
Street
Farrell Ln
Coordinates
38.27068, -77.47528
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,620
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value
—
Frequently asked questions
When did 231 Farrell Ln last sell?
231 Farrell Ln most recently sold on Oct 31, 2022 for $225,000.
What is the current tax assessment for 231 Farrell Ln?
The most recent total assessment for 231 Farrell Ln (year 2025) is $225,300 with $1,824 in property tax.
How does 231 Farrell Ln's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $225,000.
When was 231 Farrell Ln built?
231 Farrell Ln was built in 1988.
How does 231 Farrell Ln compare to others on Farrell Ln?
We track 8 other properties on Farrell Ln. Browse the list under "Other properties on Farrell Ln" to compare beds, baths, and sale history.
What are the property facts for 231 Farrell Ln?
231 Farrell Ln is a 2 bed, 3 bath, 1,080 sqft, 1,603 sqft lot condo.
Is 231 Farrell Ln a flip candidate?
No — 231 Farrell Ln does not appear in our flips dataset.
Is 231 Farrell Ln a tax-appeal candidate?
No — 231 Farrell Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$698.1K
2026 Q4
$697.8K
ZIP 22401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farrell Ln