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1201 Gravatt Way

Midlothian, VA 23114

5 bd 5 ba 4,417 sqft Built 2005 Lot 23,087 sqft single_family
Most recent sale
$720,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $720,000 MLS #2220283
Aug 4, 2022 Listed $705,000 MLS #2220283
Dec 20, 2011 Sold $330,000 Public Record
Oct 29, 2011 Listing removed $334,900 CVRMLS
Oct 7, 2011 Price changed $334,900 MLS #1124886
Sep 13, 2011 Listed $349,900 MLS #1124886
Aug 10, 2011 Listing removed $325,000 CVRMLS
Jul 15, 2011 Price changed $325,000 MLS #1113535
Jul 10, 2011 Price changed $340,000 MLS #1113535
Jun 26, 2011 Relisted $350,000 MLS #1113535
May 25, 2011 Listing removed $359,000 CVRMLS
May 21, 2011 Price changed $359,000 MLS #1113535
Apr 16, 2011 Listing removed $299,900 MRIS
Apr 7, 2011 Listed $369,000 MLS #1113535
Mar 29, 2011 Price changed $299,900 MLS #CF7534119
Feb 17, 2011 Listed $315,000 MLS #CF7534119
Dec 5, 2005 Sold $538,819 Public Record
Nov 2, 2004 Sold $1,244,007 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $672,500 $100,000 $772,500 $6,392
2024 $618,300 $100,000 $718,300 $6,464
2023 $527,200 $100,000 $627,200 $5,707
2022 $459,300 $97,000 $556,300 $5,117
2021 $375,200 $95,000 $470,200 $4,467
2020 $375,200 $95,000 $470,200 $4,467
2019 $375,200 $95,000 $470,200 $4,467
2018 $375,200 $95,000 $470,200 $4,467
2017 $357,700 $95,000 $452,700 $4,346
2016 $336,500 $90,000 $426,500 $4,094
2015 $336,500 $90,000 $426,500 $4,094
2014 $315,600 $84,000 $399,600 $3,861
2013 $315,600 $84,000 $399,600 $3,809
2012 $300,100 $80,000 $380,100 $3,636
2011 $306,600 $80,000 $386,600 $3,673
2010 $331,800 $85,000 $416,800 $3,960
2009 $364,800 $85,000 $449,800 $4,273
2008 $408,200 $85,000 $493,200 $4,685
2007 $399,200 $85,000 $484,200 $4,696

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,417 sqft
Lot size
23,087 sqft
ZIP code
23114
City
Midlothian
Street
Gravatt Way
Coordinates
37.48045, -77.66000

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
$6,626
Gross rental yield
11.04%
Implied cap rate
7.18%
Trend-extrapolated value

Frequently asked questions

When did 1201 Gravatt Way last sell?
1201 Gravatt Way most recently sold on Sep 27, 2022 for $720,000.
What is the current tax assessment for 1201 Gravatt Way?
The most recent total assessment for 1201 Gravatt Way (year 2025) is $772,500 with $6,392 in property tax.
How does 1201 Gravatt Way's assessment compare to its last sale price?
The current assessment is 7.3% above the last sale price of $720,000.
When was 1201 Gravatt Way built?
1201 Gravatt Way was built in 2005.
How does 1201 Gravatt Way compare to others on Gravatt Way?
We track 5 other properties on Gravatt Way. Browse the list under "Other properties on Gravatt Way" to compare beds, baths, and sale history.
What are the property facts for 1201 Gravatt Way?
1201 Gravatt Way is a 5 bed, 5 bath, 4,417 sqft, 23,087 sqft lot single_family.
Is 1201 Gravatt Way a flip candidate?
No — 1201 Gravatt Way does not appear in our flips dataset.
Is 1201 Gravatt Way a tax-appeal candidate?
No — 1201 Gravatt Way 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
+1.2%
Implied 1-yr
+5.0%
2026 Q3
$487.9K
2026 Q4
$493.5K
ZIP 23114 — Median Price History + Forecast

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