5505 Willis Ln
Henrico, VA 23228
3 bd 2 ba 1,684 sqft Built 1950 Lot 8,917 sqft single_family
Most recent sale
$315,000
Nov 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 30, 2026 | Listed | $395,900 | CVRMLS |
| Nov 9, 2022 | Sold | $315,000 | CVRMLS |
| Aug 22, 2022 | Sold | $217,000 | Public Record |
| Sep 25, 2013 | Sold | $95,000 | Public Record |
| Oct 21, 2002 | Sold | $113,500 | Public Record |
| Jul 1, 1997 | Sold | $71,500 | Public Record |
| May 1, 1988 | Sold | $56,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $282,000 | $86,000 | $368,000 | $3,054 |
| 2024 | $282,000 | $86,000 | $368,000 | $2,724 |
| 2023 | $255,800 | $74,000 | $329,800 | $2,803 |
| 2022 | $135,300 | $68,000 | $203,300 | $1,728 |
| 2021 | $115,100 | $62,000 | $177,100 | $1,540 |
| 2020 | $115,100 | $54,000 | $169,100 | $1,471 |
| 2019 | $120,700 | $46,000 | $166,700 | $1,450 |
| 2018 | $108,600 | $40,000 | $148,600 | $1,292 |
| 2017 | $105,500 | $38,000 | $143,500 | $1,248 |
| 2016 | $109,600 | $36,000 | $145,600 | $1,266 |
| 2015 | $109,600 | $36,000 | $145,600 | $1,266 |
| 2014 | $106,300 | $36,000 | $142,300 | $1,238 |
| 2013 | $106,300 | $36,000 | $142,300 | $1,238 |
| 2012 | $106,300 | $38,000 | $144,300 | $1,255 |
| 2010 | $118,100 | $38,000 | $156,100 | $1,358 |
| 2008 | $121,700 | $38,000 | $159,700 | $1,389 |
| 2007 | $110,800 | $38,000 | $148,800 | $1,294 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,684 sqft
Lot size
8,917 sqft
ZIP code
23228
City
Henrico
Street
Willis Ln
Coordinates
37.60427, -77.47781
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,526
Gross rental yield
9.62%
Implied cap rate
6.25%
Trend-extrapolated value
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Frequently asked questions
When did 5505 Willis Ln last sell?
5505 Willis Ln most recently sold on Nov 9, 2022 for $315,000.
What is the current tax assessment for 5505 Willis Ln?
The most recent total assessment for 5505 Willis Ln (year 2025) is $368,000 with $3,054 in property tax.
How does 5505 Willis Ln's assessment compare to its last sale price?
The current assessment is 16.8% above the last sale price of $315,000.
When was 5505 Willis Ln built?
5505 Willis Ln was built in 1950.
How does 5505 Willis Ln compare to others on Willis Ln?
We track 4 other properties on Willis Ln. Browse the list under "Other properties on Willis Ln" to compare beds, baths, and sale history.
What are the property facts for 5505 Willis Ln?
5505 Willis Ln is a 3 bed, 2 bath, 1,684 sqft, 8,917 sqft lot single_family.
Is 5505 Willis Ln a flip candidate?
Yes — 5505 Willis Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5505 Willis Ln a tax-appeal candidate?
Yes — 5505 Willis Ln 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 valuationQuarterly trend
-0.3%
Implied 1-yr
-1.0%
2026 Q3
$321.9K
2026 Q4
$321.1K
ZIP 23228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Willis Ln