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7406 Kentucky Derby Dr

Midlothian, VA 23112

3 bd 3 ba 1,642 sqft Built 1990 Lot 17,511 sqft single_family
Most recent sale
$315,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $315,000 MLS #2212575
May 10, 2022 Listed $300,000 MLS #2212575
Nov 27, 2020 Listed for rent $1,750 AppfolioUnits
Feb 9, 2019 Listing removed $1,405 AppfolioUnits
Jan 30, 2019 Listed for rent $1,405 AppfolioUnits
Sep 21, 2016 Listing removed $1,275 Rently
Sep 7, 2016 Listed for rent $1,275 Rently
Sep 2, 2016 Listing removed $1,275 Rently
Aug 31, 2016 Listed for rent $1,275 Rently
Jun 29, 2005 Sold $217,000 Public Record
Nov 8, 2004 Sold $145,000 Public Record
May 1, 2002 Sold $129,950 Public Record
Aug 14, 1997 Sold $109,950 Public Record
Oct 22, 1990 Sold $97,295 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $247,100 $66,000 $313,100 $2,650
2024 $236,800 $61,000 $297,800 $2,601
2023 $217,700 $57,000 $274,700 $2,499
2022 $200,800 $54,000 $254,800 $2,344
2021 $166,000 $52,000 $218,000 $2,071
2020 $157,400 $50,000 $207,400 $1,970
2019 $157,400 $48,000 $205,400 $1,951
2018 $144,500 $47,000 $191,500 $1,819
2017 $139,200 $44,000 $183,200 $1,758
2016 $128,800 $43,000 $171,800 $1,649
2015 $116,600 $42,000 $158,600 $1,522
2014 $106,000 $41,000 $147,000 $1,436
2013 $106,900 $41,000 $147,900 $1,417
2012 $121,500 $41,000 $162,500 $1,568
2011 $130,300 $42,000 $172,300 $1,636
2010 $135,700 $44,000 $179,700 $1,707
2009 $142,600 $44,000 $186,600 $1,772
2008 $154,200 $44,000 $198,200 $1,882
2007 $140,600 $42,000 $182,600 $1,771

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,642 sqft
Lot size
17,511 sqft
ZIP code
23112
City
Midlothian
Street
Kentucky Derby Dr
Coordinates
37.39806, -77.64970

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
$2,463
Gross rental yield
9.38%
Implied cap rate
6.10%
Trend-extrapolated value

Frequently asked questions

When did 7406 Kentucky Derby Dr last sell?
7406 Kentucky Derby Dr most recently sold on Jun 2, 2022 for $315,000.
What is the current tax assessment for 7406 Kentucky Derby Dr?
The most recent total assessment for 7406 Kentucky Derby Dr (year 2025) is $313,100 with $2,650 in property tax.
How does 7406 Kentucky Derby Dr's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $315,000.
When was 7406 Kentucky Derby Dr built?
7406 Kentucky Derby Dr was built in 1990.
How does 7406 Kentucky Derby Dr compare to others on Kentucky Derby Dr?
We track 8 other properties on Kentucky Derby Dr. Browse the list under "Other properties on Kentucky Derby Dr" to compare beds, baths, and sale history.
What are the property facts for 7406 Kentucky Derby Dr?
7406 Kentucky Derby Dr is a 3 bed, 3 bath, 1,642 sqft, 17,511 sqft lot single_family.
Is 7406 Kentucky Derby Dr a flip candidate?
No — 7406 Kentucky Derby Dr does not appear in our flips dataset.
Is 7406 Kentucky Derby Dr a tax-appeal candidate?
No — 7406 Kentucky Derby 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
-0.5%
Implied 1-yr
-2.0%
2026 Q3
$486.5K
2026 Q4
$483.9K
ZIP 23112 — Median Price History + Forecast

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