506 Jefferson Ave
Hopewell, VA 23860
3 bd 2 ba 1,506 sqft Built 1949 Lot 19,998 sqft single_family
Most recent sale
$175,000
Jan 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 12, 2022 | Sold | $175,000 | MLS #2128859 |
| Feb 11, 2014 | Sold | $95,000 | Public Record |
| Jan 1, 2014 | Sold | $95,000 | Public Record |
| Dec 21, 2013 | Listing removed | $94,900 | CVRMLS |
| Nov 14, 2013 | Relisted | $94,900 | MLS #1322825 |
| Nov 2, 2013 | Listing removed | $94,900 | CVRMLS |
| Sep 27, 2013 | Price changed | $94,900 | MLS #1322825 |
| Aug 30, 2013 | Listed | $104,500 | MLS #1322825 |
| Aug 1, 2013 | Listing removed | $124,500 | CVRMLS |
| May 9, 2013 | Price changed | $124,500 | MLS #1302202 |
| May 8, 2013 | Price changed | $124,900 | MLS #1302202 |
| Jan 25, 2013 | Listed | $150,000 | MLS #1302202 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $176,800 | $30,900 | $207,700 | $2,478 |
| 2024 | $144,900 | $28,100 | $173,000 | $2,024 |
| 2023 | $144,900 | $28,100 | $173,000 | $1,954 |
| 2022 | $111,100 | $27,000 | $138,100 | $1,560 |
| 2021 | $111,100 | $27,000 | $138,100 | $1,560 |
| 2020 | $96,100 | $28,100 | $124,200 | $1,403 |
| 2019 | $96,100 | $28,100 | $124,200 | $1,403 |
| 2018 | $97,500 | $30,500 | $128,000 | $1,446 |
| 2017 | $97,500 | $30,500 | $128,000 | $1,446 |
| 2016 | $101,500 | $30,500 | $132,000 | $1,492 |
| 2015 | $101,500 | $30,500 | $132,000 | $1,492 |
| 2014 | $102,000 | $30,500 | $132,500 | $1,471 |
| 2013 | $102,000 | $30,500 | $132,500 | $1,431 |
| 2012 | $114,400 | $34,700 | $149,100 | $1,521 |
| 2011 | $114,400 | $34,700 | $149,100 | $1,476 |
| 2010 | $115,900 | $34,700 | $150,600 | $1,491 |
| 2009 | $115,900 | $34,700 | $150,600 | $1,446 |
| 2008 | $102,400 | $27,300 | $129,700 | $1,414 |
| 2007 | $102,400 | $27,300 | $129,700 | $1,413 |
Property facts
Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,506 sqft
Lot size
19,998 sqft
ZIP code
23860
City
Hopewell
Street
Jefferson Ave
Coordinates
37.28692, -77.30968
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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Jefferson Ave last sell?
506 Jefferson Ave most recently sold on Jan 12, 2022 for $175,000.
What is the current tax assessment for 506 Jefferson Ave?
The most recent total assessment for 506 Jefferson Ave (year 2025) is $207,700 with $2,478 in property tax.
How does 506 Jefferson Ave's assessment compare to its last sale price?
The current assessment is 18.7% above the last sale price of $175,000.
When was 506 Jefferson Ave built?
506 Jefferson Ave was built in 1949.
How does 506 Jefferson Ave compare to others on Jefferson Ave?
We track 8 other properties on Jefferson Ave. Browse the list under "Other properties on Jefferson Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Jefferson Ave?
506 Jefferson Ave is a 3 bed, 2 bath, 1,506 sqft, 19,998 sqft lot single_family.
Is 506 Jefferson Ave a flip candidate?
No — 506 Jefferson Ave does not appear in our flips dataset.
Is 506 Jefferson Ave a tax-appeal candidate?
Yes — 506 Jefferson Ave 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
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$298.4K
2026 Q4
$306.5K
ZIP 23860 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Jefferson Ave