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5124 Fairlake Ln

Glen Allen, VA 23060

4 bd 2 ba 1,471 sqft Built 1988 Lot 7,693 sqft single_family
Most recent sale
$400,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2025 Sold $436,000 CVRMLS
Apr 6, 2022 Sold $400,000 MLS #2205186
Mar 8, 2022 Listed $354,950 MLS #2205186
Nov 21, 2017 Sold $259,300 MLS #1734779
Oct 5, 2017 Price changed $259,750 MLS #1734779
Sep 27, 2017 Listed $264,950 MLS #1734779
May 13, 2010 Listing removed $180,000 CVRMLS
May 5, 2010 Price changed $180,000 MLS #1002941
Feb 16, 2010 Price changed $185,000 MLS #1002941
Jan 29, 2010 Relisted $199,999 MLS #1002941
Jan 27, 2010 Listing removed $199,999 CVRMLS
Jan 25, 2010 Listed $199,999 MLS #1002941
Jul 1, 2009 Listing removed $226,000 CVRMLS
Jun 26, 2009 Price changed $226,000 MLS #2904893
Apr 4, 2009 Relisted $239,500 MLS #2904893
Feb 22, 2009 Listing removed $239,500 CVRMLS
Feb 10, 2009 Listed $239,500 MLS #2904893
May 23, 2005 Sold $205,000 Public Record
Feb 1, 1994 Sold $97,750 Public Record
Aug 1, 1988 Sold $93,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $323,800 $95,000 $418,800 $3,406
2024 $315,400 $95,000 $410,400 $3,299
2023 $271,100 $90,000 $361,100 $3,069
2021 $195,400 $60,000 $255,400 $2,221
2020 $191,000 $60,000 $251,000 $2,183
2019 $179,300 $60,000 $239,300 $2,081
2018 $179,300 $60,000 $239,300 $2,081
2017 $150,200 $56,000 $206,200 $1,793
2016 $142,100 $50,000 $192,100 $1,671
2015 $142,100 $50,000 $192,100 $1,671
2014 $142,100 $50,000 $192,100 $1,671
2013 $132,600 $50,000 $182,600 $1,588
2012 $132,600 $50,000 $182,600 $1,588
2010 $152,100 $50,000 $202,100 $1,758
2009 $163,000 $50,000 $213,000 $1,853
2008 $158,900 $50,000 $208,900 $1,817
2007 $154,100 $50,000 $204,100 $1,775

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,471 sqft
Lot size
7,693 sqft
ZIP code
23060
City
Glen Allen
Street
Fairlake Ln
Coordinates
37.66157, -77.54940

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
$2,207
Gross rental yield
6.62%
Implied cap rate
4.30%
Trend-extrapolated value

Frequently asked questions

When did 5124 Fairlake Ln last sell?
5124 Fairlake Ln most recently sold on Apr 6, 2022 for $400,000.
What is the current tax assessment for 5124 Fairlake Ln?
The most recent total assessment for 5124 Fairlake Ln (year 2025) is $418,800 with $3,406 in property tax.
How does 5124 Fairlake Ln's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $400,000.
When was 5124 Fairlake Ln built?
5124 Fairlake Ln was built in 1988.
How does 5124 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 5124 Fairlake Ln?
5124 Fairlake Ln is a 4 bed, 2 bath, 1,471 sqft, 7,693 sqft lot single_family.
Is 5124 Fairlake Ln a flip candidate?
No — 5124 Fairlake Ln does not appear in our flips dataset.
Is 5124 Fairlake Ln a tax-appeal candidate?
No — 5124 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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