7232 Merle Smith Ln
Mechanicsville, VA 23111
4 bd 3 ba 1,917 sqft Built 1987 Lot 14,985 sqft single_family
Most recent sale
$350,000
Jul 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2022 | Sold | $350,000 | MLS #2213277 |
| May 31, 2022 | Listed | $334,000 | MLS #2213277 |
| Aug 20, 2001 | Sold | $148,000 | Public Record |
| Nov 1, 1987 | Sold | $107,459 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $325,900 | $85,000 | $410,900 | $3,328 |
| 2025 | $296,800 | $85,000 | $381,800 | $1,546 |
| 2023 | $267,700 | $80,000 | $347,700 | $2,677 |
| 2022 | $219,700 | $75,000 | $294,700 | $2,387 |
| 2021 | $201,900 | $68,000 | $269,900 | $2,186 |
| 2020 | $187,200 | $63,000 | $250,200 | $2,027 |
| 2019 | $187,200 | $55,000 | $242,200 | $1,962 |
| 2018 | $187,200 | $55,000 | $242,200 | $1,962 |
| 2017 | $149,400 | $55,000 | $204,400 | $1,656 |
| 2016 | $149,400 | $55,000 | $204,400 | $1,656 |
| 2015 | $149,400 | $55,000 | $204,400 | $1,656 |
| 2014 | $149,400 | $55,000 | $204,400 | $1,656 |
| 2013 | $149,400 | $55,000 | $204,400 | $1,656 |
| 2012 | $149,400 | $55,000 | $204,400 | $1,656 |
| 2011 | $166,100 | $60,000 | $226,100 | $1,831 |
| 2010 | $173,300 | $60,000 | $233,300 | $1,890 |
| 2009 | $173,300 | $60,000 | $233,300 | $1,890 |
| 2008 | $190,200 | $60,000 | $250,200 | $2,027 |
| 2007 | $180,000 | $52,000 | $232,000 | $1,879 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,917 sqft
Lot size
14,985 sqft
ZIP code
23111
City
Mechanicsville
Street
Merle Smith Ln
Coordinates
37.60089, -77.32293
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
$2,876
Gross rental yield
9.86%
Implied cap rate
6.41%
Trend-extrapolated value
—
Frequently asked questions
When did 7232 Merle Smith Ln last sell?
7232 Merle Smith Ln most recently sold on Jul 13, 2022 for $350,000.
What is the current tax assessment for 7232 Merle Smith Ln?
The most recent total assessment for 7232 Merle Smith Ln (year 2026) is $410,900 with $3,328 in property tax.
How does 7232 Merle Smith Ln's assessment compare to its last sale price?
The current assessment is 17.4% above the last sale price of $350,000.
When was 7232 Merle Smith Ln built?
7232 Merle Smith Ln was built in 1987.
How does 7232 Merle Smith Ln compare to others on Merle Smith Ln?
We track 3 other properties on Merle Smith Ln. Browse the list under "Other properties on Merle Smith Ln" to compare beds, baths, and sale history.
What are the property facts for 7232 Merle Smith Ln?
7232 Merle Smith Ln is a 4 bed, 3 bath, 1,917 sqft, 14,985 sqft lot single_family.
Is 7232 Merle Smith Ln a flip candidate?
No — 7232 Merle Smith Ln does not appear in our flips dataset.
Is 7232 Merle Smith Ln a tax-appeal candidate?
Yes — 7232 Merle Smith Ln 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
+0.1%
Implied 1-yr
+0.4%
2026 Q3
$481.6K
2026 Q4
$482.1K
ZIP 23111 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merle Smith Ln