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3918 Grovewood Rd

Hopewell, VA 23860

3 bd 2 ba 1,560 sqft Built 1977 Lot 11,278 sqft single_family
Most recent sale
$180,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $180,000 MLS #2203762
Feb 18, 2022 Listed $180,000 MLS #2203762

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,700 $31,800 $217,500 $2,592
2024 $167,900 $30,000 $197,900 $2,315
2023 $167,900 $30,000 $197,900 $2,218
2022 $137,100 $30,000 $167,100 $1,888
2021 $137,100 $30,000 $167,100 $1,888
2020 $127,500 $30,000 $157,500 $1,780
2019 $127,500 $30,000 $157,500 $1,780
2018 $111,000 $28,500 $139,500 $1,576
2017 $111,000 $28,500 $139,500 $1,576
2016 $112,200 $32,100 $144,300 $1,631
2015 $112,200 $32,100 $144,300 $1,631
2014 $116,400 $32,100 $148,500 $1,648
2013 $116,400 $32,100 $148,500 $1,604
2012 $125,500 $34,200 $159,700 $1,629
2011 $125,500 $34,200 $159,700 $1,581
2010 $130,500 $39,500 $170,000 $1,683
2009 $130,500 $39,500 $170,000 $1,632
2008 $110,800 $30,000 $140,800 $1,535
2007 $110,800 $30,000 $140,800 $1,534

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
11,278 sqft
ZIP code
23860
City
Hopewell
Street
Grovewood Rd
Coordinates
37.27731, -77.32592

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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3918 Grovewood Rd last sell?
3918 Grovewood Rd most recently sold on Apr 29, 2022 for $180,000.
What is the current tax assessment for 3918 Grovewood Rd?
The most recent total assessment for 3918 Grovewood Rd (year 2025) is $217,500 with $2,592 in property tax.
How does 3918 Grovewood Rd's assessment compare to its last sale price?
The current assessment is 20.8% above the last sale price of $180,000.
When was 3918 Grovewood Rd built?
3918 Grovewood Rd was built in 1977.
How does 3918 Grovewood Rd compare to others on Grovewood Rd?
We track 8 other properties on Grovewood Rd. Browse the list under "Other properties on Grovewood Rd" to compare beds, baths, and sale history.
What are the property facts for 3918 Grovewood Rd?
3918 Grovewood Rd is a 3 bed, 2 bath, 1,560 sqft, 11,278 sqft lot single_family.
Is 3918 Grovewood Rd a flip candidate?
No — 3918 Grovewood Rd does not appear in our flips dataset.
Is 3918 Grovewood Rd a tax-appeal candidate?
Yes — 3918 Grovewood Rd 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
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$298.4K
2026 Q4
$306.5K
ZIP 23860 — Median Price History + Forecast

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