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7201 Canal St

Lanexa, VA 23089

3 bd 2 ba 1,512 sqft Built 1974 Lot 12,763 sqft single_family
Most recent sale
$310,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $310,000 MLS #2208933
Apr 17, 2022 Listed $299,999 MLS #10430731
Apr 14, 2022 Listed $299,999 MLS #2201088

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,200 $77,300 $264,500 $2,195
2024 $187,200 $77,300 $264,500 $2,063
2023 $124,400 $48,800 $173,200 $1,437
2022 $124,400 $48,800 $173,200 $1,437
2021 $114,500 $44,100 $158,600 $1,332
2020 $114,500 $44,100 $158,600 $1,332
2019 $107,600 $44,100 $151,700 $1,274
2018 $107,600 $44,100 $151,700 $1,274
2017 $107,600 $44,100 $151,700 $1,274
2016 $107,600 $44,100 $151,700 $1,274
2015 $107,600 $44,100 $151,700 $1,168
2014 $107,600 $44,100 $151,700 $1,168
2013 $107,600 $44,100 $151,700 $1,168
2012 $107,600 $44,100 $151,700 $1,239
2011 $116,900 $44,100 $161,000 $1,239
2010 $116,900 $44,100 $161,000 $1,239
2009 $132,900 $44,100 $177,000 $1,362

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
12,763 sqft
ZIP code
23089
City
Lanexa
Street
Canal St
Coordinates
37.36442, -76.89328

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
$2,268
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 7201 Canal St last sell?
7201 Canal St most recently sold on May 18, 2022 for $310,000.
What is the current tax assessment for 7201 Canal St?
The most recent total assessment for 7201 Canal St (year 2025) is $264,500 with $2,195 in property tax.
How does 7201 Canal St's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $310,000.
When was 7201 Canal St built?
7201 Canal St was built in 1974.
How does 7201 Canal St compare to others on Canal St?
We track 8 other properties on Canal St. Browse the list under "Other properties on Canal St" to compare beds, baths, and sale history.
What are the property facts for 7201 Canal St?
7201 Canal St is a 3 bed, 2 bath, 1,512 sqft, 12,763 sqft lot single_family.
Is 7201 Canal St a flip candidate?
No — 7201 Canal St does not appear in our flips dataset.
Is 7201 Canal St a tax-appeal candidate?
No — 7201 Canal St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.6%
2026 Q3
$412.5K
2026 Q4
$412.5K
ZIP 23089 — Median Price History + Forecast

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