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8503 Spalding Dr

Henrico, VA 23229

3 bd 1 ba 1,522 sqft Built 1954 Lot 15,551 sqft single_family
Most recent sale
$264,265
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $264,265 MLS #2218443
Jul 29, 2022 Listed $250,000 MLS #2218443
Oct 1, 1990 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $377,900 $90,000 $467,900 $3,800
2024 $377,900 $80,000 $457,900 $3,415
2023 $186,700 $80,000 $266,700 $2,266
2022 $174,100 $70,000 $244,100 $2,074
2021 $156,800 $60,000 $216,800 $1,886
2020 $150,300 $50,000 $200,300 $1,743
2019 $143,800 $50,000 $193,800 $1,686
2018 $137,300 $50,000 $187,300 $1,630
2017 $126,500 $44,000 $170,500 $1,483
2016 $126,500 $44,000 $170,500 $1,483
2015 $123,200 $44,000 $167,200 $1,455
2014 $120,000 $44,000 $164,000 $1,427
2013 $111,400 $44,000 $155,400 $1,352
2012 $122,600 $44,000 $166,600 $1,449
2010 $130,400 $44,000 $174,400 $1,517
2009 $133,700 $44,000 $177,700 $1,546
2008 $133,700 $44,000 $177,700 $1,545
2007 $130,600 $44,000 $174,600 $1,519

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,522 sqft
Lot size
15,551 sqft
ZIP code
23229
City
Henrico
Street
Spalding Dr
Coordinates
37.59790, -77.56083

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
$2,283
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value

Frequently asked questions

When did 8503 Spalding Dr last sell?
8503 Spalding Dr most recently sold on Aug 26, 2022 for $264,265.
What is the current tax assessment for 8503 Spalding Dr?
The most recent total assessment for 8503 Spalding Dr (year 2025) is $467,900 with $3,800 in property tax.
How does 8503 Spalding Dr's assessment compare to its last sale price?
The current assessment is 77.1% above the last sale price of $264,265.
When was 8503 Spalding Dr built?
8503 Spalding Dr was built in 1954.
How does 8503 Spalding Dr compare to others on Spalding Dr?
We track 7 other properties on Spalding Dr. Browse the list under "Other properties on Spalding Dr" to compare beds, baths, and sale history.
What are the property facts for 8503 Spalding Dr?
8503 Spalding Dr is a 3 bed, 1 bath, 1,522 sqft, 15,551 sqft lot single_family.
Is 8503 Spalding Dr a flip candidate?
No — 8503 Spalding Dr does not appear in our flips dataset.
Is 8503 Spalding Dr a tax-appeal candidate?
Yes — 8503 Spalding Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.3%
2026 Q3
$1.29M
2026 Q4
$1.34M
ZIP 23229 — Median Price History + Forecast

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