2531 Merle St
Henrico, VA 23231
3 bd 1 ba 960 sqft Built 1980 Lot 10,838 sqft single_family
Most recent sale
$209,000
Nov 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 21, 2022 | Sold | $209,000 | CVRMLS |
| Aug 25, 2020 | Sold | $23,600 | Public Record |
| Jan 8, 2020 | Sold | $125,000 | CVRMLS |
| Nov 12, 2019 | Listing removed | — | CVRMLS |
| Oct 24, 2019 | Listed | $144,950 | CVRMLS |
| Sep 13, 2005 | Sold | $126,000 | Public Record |
| Jun 1, 1997 | Sold | $64,000 | Public Record |
| Jan 1, 1990 | Sold | $51,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $162,000 | $40,000 | $202,000 | $1,676 |
| 2024 | $162,000 | $40,000 | $202,000 | $1,603 |
| 2023 | $130,300 | $32,000 | $162,300 | $1,379 |
| 2022 | $113,900 | $30,000 | $143,900 | $1,165 |
| 2021 | $94,100 | $26,000 | $120,100 | $1,044 |
| 2020 | $79,600 | $26,000 | $105,600 | $918 |
| 2019 | $79,600 | $24,000 | $103,600 | $901 |
| 2018 | $79,600 | $24,000 | $103,600 | $901 |
| 2017 | $75,700 | $24,000 | $99,700 | $867 |
| 2016 | $72,700 | $24,000 | $96,700 | $841 |
| 2015 | $72,700 | $24,000 | $96,700 | $841 |
| 2014 | $72,700 | $24,000 | $96,700 | $841 |
| 2013 | $69,800 | $24,000 | $93,800 | $816 |
| 2012 | $90,500 | $24,000 | $114,500 | $996 |
| 2010 | $101,800 | $24,000 | $125,800 | $1,094 |
| 2008 | $106,900 | $24,000 | $130,900 | $1,138 |
| 2007 | $99,000 | $22,000 | $121,000 | $1,052 |
Property facts
Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
10,838 sqft
ZIP code
23231
City
Henrico
Street
Merle St
Coordinates
37.52435, -77.37882
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
8.27%
Implied cap rate
5.37%
Trend-extrapolated value
—
Frequently asked questions
When did 2531 Merle St last sell?
2531 Merle St most recently sold on Nov 21, 2022 for $209,000.
What is the current tax assessment for 2531 Merle St?
The most recent total assessment for 2531 Merle St (year 2025) is $202,000 with $1,676 in property tax.
How does 2531 Merle St's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $209,000.
When was 2531 Merle St built?
2531 Merle St was built in 1980.
How does 2531 Merle St compare to others on Merle St?
We track 8 other properties on Merle St. Browse the list under "Other properties on Merle St" to compare beds, baths, and sale history.
What are the property facts for 2531 Merle St?
2531 Merle St is a 3 bed, 1 bath, 960 sqft, 10,838 sqft lot single_family.
Is 2531 Merle St a flip candidate?
No — 2531 Merle St does not appear in our flips dataset.
Is 2531 Merle St a tax-appeal candidate?
No — 2531 Merle 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
+0.9%
Implied 1-yr
+3.4%
2026 Q2
$397.1K
2026 Q3
$400.3K
ZIP 23231 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merle St