505 Center St
Hanover, VA 23005
4 bd 2 ba 2,788 sqft Built 1858 Lot 14,810 sqft single_family
Most recent sale
$425,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $425,000 | MLS #2205059 |
| Mar 3, 2022 | Listed | $350,000 | MLS #2205059 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $311,300 | $155,100 | $466,400 | $3,777 |
| 2025 | $298,900 | $147,600 | $446,500 | $1,808 |
| 2023 | $291,300 | $132,600 | $423,900 | $3,263 |
| 2021 | $245,900 | $117,600 | $363,500 | $736 |
| 2020 | $229,200 | $117,600 | $346,800 | $702 |
| 2019 | $225,000 | $85,500 | $310,500 | $2,515 |
| 2018 | $225,000 | $85,500 | $310,500 | $2,515 |
| 2017 | $190,800 | $73,800 | $264,600 | $2,143 |
| 2016 | $190,800 | $73,800 | $264,600 | $2,143 |
| 2015 | $190,800 | $73,800 | $264,600 | $2,143 |
| 2014 | $190,800 | $73,800 | $264,600 | $2,143 |
| 2013 | $188,400 | $73,800 | $262,200 | $2,124 |
| 2012 | $188,400 | $73,800 | $262,200 | $2,124 |
| 2011 | $199,100 | $88,500 | $287,600 | $2,330 |
| 2010 | $199,100 | $88,500 | $287,600 | $2,330 |
| 2009 | $199,100 | $88,500 | $287,600 | $2,330 |
| 2008 | $199,100 | $88,500 | $287,600 | $2,330 |
| 2007 | $199,100 | $88,500 | $287,600 | $2,329 |
Property facts
Year built
1858
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,788 sqft
Lot size
14,810 sqft
ZIP code
23005
City
Hanover
Street
Center St
Coordinates
37.75603, -77.48167
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,182
Gross rental yield
11.81%
Implied cap rate
7.68%
Trend-extrapolated value
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Frequently asked questions
When did 505 Center St last sell?
505 Center St most recently sold on Apr 8, 2022 for $425,000.
What is the current tax assessment for 505 Center St?
The most recent total assessment for 505 Center St (year 2026) is $466,400 with $3,777 in property tax.
How does 505 Center St's assessment compare to its last sale price?
The current assessment is 9.7% above the last sale price of $425,000.
When was 505 Center St built?
505 Center St was built in 1858.
How does 505 Center St compare to others on Center St?
We do not currently track other properties on Center St.
What are the property facts for 505 Center St?
505 Center St is a 4 bed, 2 bath, 2,788 sqft, 14,810 sqft lot single_family.
Is 505 Center St a flip candidate?
No — 505 Center St does not appear in our flips dataset.
Is 505 Center St a tax-appeal candidate?
No — 505 Center St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$582.9K
2026 Q4
$592.1K
ZIP 23005 — Median Price History + Forecast
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Geography