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5400 Three Mile Ln

Gloucester, VA 23061

3 bd 3 ba 2,721 sqft Built 1950 Lot 43,560 sqft single_family
Most recent sale
$849,900
Mar 26, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 26, 2024 Sold $849,900 ChesapeakeBay
Feb 20, 2024 Listing removed HamptonRoads
Feb 15, 2024 Listed $849,900 HamptonRoads
Feb 12, 2024 Listed $849,900 ChesapeakeBay
Nov 21, 2023 Listing removed ChesapeakeBay
Nov 20, 2023 Listing removed HamptonRoads
Aug 31, 2023 Price changed $995,000 HamptonRoads
Aug 11, 2023 Listed $1,050,000 HamptonRoads
Aug 8, 2023 Listed $1,050,000 ChesapeakeBay

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $361,050 $242,250 $603,300 $3,764
2023 $261,460 $114,000 $375,460 $2,226
2022 $168,180 $90,000 $258,180 $1,897
2021 $168,180 $90,000 $258,180 $1,820
2020 $168,180 $90,000 $258,180 $1,820
2019 $160,630 $100,000 $260,630 $1,837
2018 $160,630 $100,000 $260,630 $1,837
2017 $160,630 $100,000 $260,630 $1,837
2016 $156,710 $100,000 $256,710 $1,809
2015 $156,710 $100,000 $256,710 $1,771
2014 $170,900 $148,000 $318,900 $2,104
2013 $170,900 $148,000 $318,900 $2,104

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,721 sqft
Lot size
43,560 sqft
ZIP code
23061
City
Gloucester
Street
Three Mile Ln
Coordinates
37.36033, -76.47847

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,082
Gross rental yield
5.76%
Implied cap rate
3.75%
Trend-extrapolated value

Frequently asked questions

When did 5400 Three Mile Ln last sell?
5400 Three Mile Ln most recently sold on Mar 26, 2024 for $849,900.
What is the current tax assessment for 5400 Three Mile Ln?
The most recent total assessment for 5400 Three Mile Ln (year 2025) is $603,300 with $3,764 in property tax.
How does 5400 Three Mile Ln's assessment compare to its last sale price?
The current assessment is 29.0% below the last sale price of $849,900.
When was 5400 Three Mile Ln built?
5400 Three Mile Ln was built in 1950.
How does 5400 Three Mile Ln compare to others on Three Mile Ln?
We track 2 other properties on Three Mile Ln. Browse the list under "Other properties on Three Mile Ln" to compare beds, baths, and sale history.
What are the property facts for 5400 Three Mile Ln?
5400 Three Mile Ln is a 3 bed, 3 bath, 2,721 sqft, 43,560 sqft lot single_family.
Is 5400 Three Mile Ln a flip candidate?
No — 5400 Three Mile Ln does not appear in our flips dataset.
Is 5400 Three Mile Ln a tax-appeal candidate?
No — 5400 Three Mile 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$353.4K
2026 Q4
$351.5K
ZIP 23061 — Median Price History + Forecast

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