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12402 Locustgrove Rd

Henrico, VA 23238

3 bd 2 ba 1,569 sqft Built 1981 Lot 10,899 sqft single_family
Most recent sale
$306,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $306,000 MLS #2217313
Jun 21, 2022 Listed $305,000 MLS #2217313
Mar 1, 1998 Sold $102,500 Public Record
Jun 1, 1987 Sold $75,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,600 $90,000 $314,600 $2,568
2024 $219,400 $90,000 $309,400 $2,416
2023 $204,300 $80,000 $284,300 $2,416
2022 $171,000 $75,000 $246,000 $2,091
2021 $156,100 $70,000 $226,100 $1,967
2020 $143,600 $62,000 $205,600 $1,789
2019 $143,600 $62,000 $205,600 $1,789
2018 $132,600 $62,000 $194,600 $1,693
2017 $128,800 $60,000 $188,800 $1,643
2016 $118,700 $56,000 $174,700 $1,520
2015 $118,700 $56,000 $174,700 $1,520
2014 $118,700 $56,000 $174,700 $1,520
2013 $106,400 $52,000 $158,400 $1,378
2012 $113,000 $52,000 $165,000 $1,436
2010 $134,400 $52,000 $186,400 $1,622
2009 $141,100 $52,000 $193,100 $1,680
2008 $141,100 $52,000 $193,100 $1,679
2007 $138,100 $52,000 $190,100 $1,653

Property facts

Year built
1981
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,569 sqft
Lot size
10,899 sqft
ZIP code
23238
City
Henrico
Street
Locustgrove Rd
Coordinates
37.61989, -77.63481

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,354
Gross rental yield
9.23%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 12402 Locustgrove Rd last sell?
12402 Locustgrove Rd most recently sold on Aug 8, 2022 for $306,000.
What is the current tax assessment for 12402 Locustgrove Rd?
The most recent total assessment for 12402 Locustgrove Rd (year 2025) is $314,600 with $2,568 in property tax.
How does 12402 Locustgrove Rd's assessment compare to its last sale price?
The current assessment is 2.8% above the last sale price of $306,000.
When was 12402 Locustgrove Rd built?
12402 Locustgrove Rd was built in 1981.
How does 12402 Locustgrove Rd compare to others on Locustgrove Rd?
We track 6 other properties on Locustgrove Rd. Browse the list under "Other properties on Locustgrove Rd" to compare beds, baths, and sale history.
What are the property facts for 12402 Locustgrove Rd?
12402 Locustgrove Rd is a 3 bed, 2 bath, 1,569 sqft, 10,899 sqft lot single_family.
Is 12402 Locustgrove Rd a flip candidate?
No — 12402 Locustgrove Rd does not appear in our flips dataset.
Is 12402 Locustgrove Rd a tax-appeal candidate?
No — 12402 Locustgrove 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
-2.8%
Implied 1-yr
-11.2%
2026 Q3
$486.2K
2026 Q4
$469.7K
ZIP 23238 — Median Price History + Forecast

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