902 Terrace Ave
Hopewell, VA 23860
4 bd 2 ba 1,425 sqft Built 1946 Lot 7,501 sqft single_family
Most recent sale
$245,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $245,000 | MLS #2208653 |
| Apr 7, 2022 | Listed | $259,000 | MLS #2208653 |
| Nov 10, 2021 | Sold | $100,000 | Public Record |
| Oct 18, 2002 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $236,000 | $16,800 | $252,800 | $3,033 |
| 2024 | $204,600 | $15,300 | $219,900 | $1,915 |
| 2023 | $204,600 | $15,300 | $219,900 | $2,484 |
| 2022 | $99,600 | $15,300 | $114,900 | $1,298 |
| 2021 | $95,900 | $15,300 | $111,200 | $1,256 |
| 2020 | $88,300 | $15,300 | $103,600 | $1,171 |
| 2019 | $88,300 | $15,300 | $103,600 | $1,169 |
| 2018 | $76,300 | $17,300 | $93,600 | $1,058 |
| 2017 | $76,300 | $17,300 | $93,600 | $1,058 |
| 2016 | $83,000 | $17,300 | $100,300 | $1,133 |
| 2015 | $83,000 | $17,300 | $100,300 | $1,133 |
| 2014 | $84,100 | $17,300 | $101,400 | $1,126 |
| 2013 | $84,100 | $17,300 | $101,400 | $1,095 |
| 2012 | $89,800 | $18,400 | $108,200 | $1,104 |
| 2011 | $89,800 | $18,400 | $108,200 | $1,071 |
| 2010 | $92,500 | $19,000 | $111,500 | $1,104 |
| 2009 | $92,500 | $19,000 | $111,500 | $1,070 |
| 2008 | $81,700 | $14,600 | $96,300 | $1,050 |
| 2007 | $81,700 | $14,600 | $96,300 | $1,049 |
Property facts
Year built
1946
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,425 sqft
Lot size
7,501 sqft
ZIP code
23860
City
Hopewell
Street
Terrace Ave
Coordinates
37.28084, -77.30662
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
$2,138
Gross rental yield
10.47%
Implied cap rate
6.81%
Trend-extrapolated value
—
Frequently asked questions
When did 902 Terrace Ave last sell?
902 Terrace Ave most recently sold on Jun 17, 2022 for $245,000.
What is the current tax assessment for 902 Terrace Ave?
The most recent total assessment for 902 Terrace Ave (year 2025) is $252,800 with $3,033 in property tax.
How does 902 Terrace Ave's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $245,000.
When was 902 Terrace Ave built?
902 Terrace Ave was built in 1946.
How does 902 Terrace Ave compare to others on Terrace Ave?
We track 8 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 902 Terrace Ave?
902 Terrace Ave is a 4 bed, 2 bath, 1,425 sqft, 7,501 sqft lot single_family.
Is 902 Terrace Ave a flip candidate?
Yes — 902 Terrace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 902 Terrace Ave a tax-appeal candidate?
No — 902 Terrace Ave is not currently flagged as a tax-appeal candidate.
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 Terrace Ave