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7724 Farmwood Rd

Gloucester Point, VA 23062

4 bd 3 ba 1,600 sqft Built 1974 Lot 19,994 sqft single_family
Most recent sale
$349,900
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2024 Sold $400,000 Public Record
Feb 12, 2024 Listed $399,000 HamptonRoads
Feb 9, 2022 Sold $349,900 MLS #2104795
Dec 17, 2021 Listed $349,900 MLS #2104795
Mar 27, 2006 Sold $265,000 Public Record
Jan 1, 2006 Sold $265,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $286,640 $68,960 $355,600 $2,218
2023 $281,620 $68,960 $350,580 $2,078
2022 $212,740 $56,450 $269,190 $1,978
2021 $212,740 $56,450 $269,190 $1,898
2020 $212,740 $56,450 $269,190 $1,898
2019 $177,750 $67,480 $245,230 $1,729
2018 $177,750 $67,480 $245,230 $1,729
2017 $177,750 $67,480 $245,230 $1,729
2016 $170,330 $77,100 $247,430 $1,744
2015 $170,330 $77,100 $247,430 $1,707
2014 $230,900 $49,500 $280,400 $1,851
2013 $230,900 $49,500 $280,400 $1,851

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,600 sqft
Lot size
19,994 sqft
ZIP code
23062
City
Gloucester Point
Street
Farmwood Rd
Coordinates
37.25869, -76.49208

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
$2,400
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value

Frequently asked questions

When did 7724 Farmwood Rd last sell?
7724 Farmwood Rd most recently sold on Feb 9, 2022 for $349,900.
What is the current tax assessment for 7724 Farmwood Rd?
The most recent total assessment for 7724 Farmwood Rd (year 2025) is $355,600 with $2,218 in property tax.
How does 7724 Farmwood Rd's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $349,900.
When was 7724 Farmwood Rd built?
7724 Farmwood Rd was built in 1974.
How does 7724 Farmwood Rd compare to others on Farmwood Rd?
We track 2 other properties on Farmwood Rd. Browse the list under "Other properties on Farmwood Rd" to compare beds, baths, and sale history.
What are the property facts for 7724 Farmwood Rd?
7724 Farmwood Rd is a 4 bed, 3 bath, 1,600 sqft, 19,994 sqft lot single_family.
Is 7724 Farmwood Rd a flip candidate?
No — 7724 Farmwood Rd does not appear in our flips dataset.
Is 7724 Farmwood Rd a tax-appeal candidate?
No — 7724 Farmwood Rd 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
+2.1%
Implied 1-yr
+8.3%
2026 Q2
$513.8K
2026 Q3
$513.8K
ZIP 23062 — Median Price History + Forecast

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