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7228 Otey Dr

Lanexa, VA 23089

4 bd 1 ba 3,147 sqft Built 2023 Lot 26,964 sqft single_family
Most recent sale
$116,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $116,000 Public Record
Dec 31, 2021 Listed $143,000 MLS #10416293
Jun 2, 2011 Sold $110,000 Public Record
Aug 15, 1985 Sold $24,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $647,100 $112,800 $759,900 $6,307
2024 $647,100 $112,800 $759,900 $5,927
2023 $405,400 $110,000 $515,400 $4,277
2022 $110,000 $110,000 $913
2021 $110,000 $110,000 $924
2020 $110,000 $110,000 $924
2019 $110,000 $110,000 $924
2018 $110,000 $110,000 $462
2017 $110,000 $110,000 $924
2016 $110,000 $110,000 $924
2015 $110,000 $110,000 $847
2014 $110,000 $110,000 $847
2013 $110,000 $110,000 $847
2012 $110,000 $110,000 $944
2011 $122,600 $122,600 $944
2010 $122,600 $122,600 $944
2009 $122,600 $122,600 $944

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
3,147 sqft
Lot size
26,964 sqft
ZIP code
23089
City
Lanexa
Street
Otey Dr
Coordinates
37.36885, -76.89471

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
$696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7228 Otey Dr last sell?
7228 Otey Dr most recently sold on Jul 5, 2022 for $116,000.
What is the current tax assessment for 7228 Otey Dr?
The most recent total assessment for 7228 Otey Dr (year 2025) is $759,900 with $6,307 in property tax.
How does 7228 Otey Dr's assessment compare to its last sale price?
The current assessment is 555.1% above the last sale price of $116,000.
When was 7228 Otey Dr built?
7228 Otey Dr was built in 2023.
How does 7228 Otey Dr compare to others on Otey Dr?
We track 8 other properties on Otey Dr. Browse the list under "Other properties on Otey Dr" to compare beds, baths, and sale history.
What are the property facts for 7228 Otey Dr?
7228 Otey Dr is a 4 bed, 1 bath, 3,147 sqft, 26,964 sqft lot single_family.
Is 7228 Otey Dr a flip candidate?
No — 7228 Otey Dr does not appear in our flips dataset.
Is 7228 Otey Dr a tax-appeal candidate?
No — 7228 Otey Dr 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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