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5111 Fairlake Ln

Glen Allen, VA 23060

3 bd 2 ba 1,521 sqft Built 1987 Lot 8,194 sqft single_family
Most recent sale
$383,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $383,000 MLS #2211918
May 11, 2022 Listed $345,000 MLS #2211918
Feb 28, 2005 Sold $184,950 Public Record
Jun 1, 1999 Sold $124,500 Public Record
Mar 1, 1996 Sold $106,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $335,900 $95,000 $430,900 $3,432
2024 $318,500 $95,000 $413,500 $3,347
2023 $276,200 $90,000 $366,200 $3,112
2022 $195,400 $74,000 $269,400 $2,289
2021 $188,300 $60,000 $248,300 $2,160
2020 $184,000 $60,000 $244,000 $2,123
2019 $174,600 $60,000 $234,600 $2,041
2018 $174,600 $60,000 $234,600 $2,041
2017 $158,800 $56,000 $214,800 $1,869
2016 $150,200 $50,000 $200,200 $1,742
2015 $150,200 $50,000 $200,200 $1,742
2014 $150,200 $50,000 $200,200 $1,742
2013 $140,200 $50,000 $190,200 $1,655
2012 $140,200 $50,000 $190,200 $1,655
2010 $160,000 $50,000 $210,000 $1,827
2009 $171,500 $50,000 $221,500 $1,927
2008 $171,500 $50,000 $221,500 $1,889
2007 $155,500 $50,000 $205,500 $1,787

Property facts

Year built
1987
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,521 sqft
Lot size
8,194 sqft
ZIP code
23060
City
Glen Allen
Street
Fairlake Ln
Coordinates
37.66037, -77.54908

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,282
Gross rental yield
7.15%
Implied cap rate
4.65%
Trend-extrapolated value

Frequently asked questions

When did 5111 Fairlake Ln last sell?
5111 Fairlake Ln most recently sold on Jun 16, 2022 for $383,000.
What is the current tax assessment for 5111 Fairlake Ln?
The most recent total assessment for 5111 Fairlake Ln (year 2025) is $430,900 with $3,432 in property tax.
How does 5111 Fairlake Ln's assessment compare to its last sale price?
The current assessment is 12.5% above the last sale price of $383,000.
When was 5111 Fairlake Ln built?
5111 Fairlake Ln was built in 1987.
How does 5111 Fairlake Ln compare to others on Fairlake Ln?
We track 8 other properties on Fairlake Ln. Browse the list under "Other properties on Fairlake Ln" to compare beds, baths, and sale history.
What are the property facts for 5111 Fairlake Ln?
5111 Fairlake Ln is a 3 bed, 2 bath, 1,521 sqft, 8,194 sqft lot single_family.
Is 5111 Fairlake Ln a flip candidate?
No — 5111 Fairlake Ln does not appear in our flips dataset.
Is 5111 Fairlake Ln a tax-appeal candidate?
No — 5111 Fairlake Ln 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
-6.0%
2026 Q3
$441.3K
2026 Q4
$434K
ZIP 23060 — Median Price History + Forecast

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