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23 Meares Way

Fredericksburg, VA 22406

3 bd 3 ba 3,041 sqft Built 2022 Lot 7,000 sqft single_family
Most recent sale
$545,831
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $545,831 MLS #VAST2000037
Dec 9, 2021 Sold $600,039 Public Record
Oct 5, 2021 Listed $540,755 MLS #VAST2000037

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $90,000 $90,000 $873
2020 $40,000 $40,000 $388

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,041 sqft
Lot size
7,000 sqft
ZIP code
22406
City
Fredericksburg
Street
Meares Way
Coordinates
38.33371, -77.52250

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
$4,562
Gross rental yield
10.03%
Implied cap rate
6.52%
Trend-extrapolated value

Frequently asked questions

When did 23 Meares Way last sell?
23 Meares Way most recently sold on Mar 25, 2022 for $545,831.
What is the current tax assessment for 23 Meares Way?
The most recent total assessment for 23 Meares Way (year 2021) is $90,000 with $873 in property tax.
How does 23 Meares Way's assessment compare to its last sale price?
The current assessment is 83.5% below the last sale price of $545,831.
When was 23 Meares Way built?
23 Meares Way was built in 2022.
How does 23 Meares Way compare to others on Meares Way?
We track 8 other properties on Meares Way. Browse the list under "Other properties on Meares Way" to compare beds, baths, and sale history.
What are the property facts for 23 Meares Way?
23 Meares Way is a 3 bed, 3 bath, 3,041 sqft, 7,000 sqft lot single_family.
Is 23 Meares Way a flip candidate?
No — 23 Meares Way does not appear in our flips dataset.
Is 23 Meares Way a tax-appeal candidate?
No — 23 Meares Way 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
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$782.7K
2026 Q4
$810.8K
ZIP 22406 — Median Price History + Forecast

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