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1321 Lockett Ridge Rd

Midlothian, VA 23114

3 bd 3 ba 1,322 sqft Built 1983 Lot 8,799 sqft single_family
Most recent sale
$313,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $313,000 MLS #2206865
Mar 29, 2022 Listed $270,000 MLS #2206865
Aug 12, 2020 Sold $234,500 MLS #2017689
Jan 8, 2019 Listed for rent $1,200 CVRMLS
Mar 6, 2003 Sold $126,000 Public Record
Jul 5, 2000 Sold $99,950 Public Record
May 15, 1996 Sold $91,000 Public Record
Oct 12, 1990 Sold $86,568 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $251,000 $72,000 $323,000 $2,810
2024 $248,800 $67,000 $315,800 $2,612
2023 $224,700 $57,000 $281,700 $2,563
2022 $191,000 $52,000 $243,000 $2,235
2021 $164,700 $50,000 $214,700 $2,040
2020 $150,600 $48,000 $198,600 $1,887
2019 $145,300 $48,000 $193,300 $1,836
2018 $140,000 $45,000 $185,000 $1,757
2017 $130,500 $45,000 $175,500 $1,684
2016 $124,500 $45,000 $169,500 $1,627
2015 $115,900 $43,000 $158,900 $1,525
2014 $110,500 $42,000 $152,500 $1,489
2013 $105,600 $42,000 $147,600 $1,414
2012 $112,800 $42,000 $154,800 $1,495
2011 $119,900 $42,000 $161,900 $1,538
2010 $133,800 $42,000 $175,800 $1,670
2009 $133,800 $42,000 $175,800 $1,670
2008 $136,000 $42,000 $178,000 $1,691
2007 $128,700 $38,000 $166,700 $1,616

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,322 sqft
Lot size
8,799 sqft
ZIP code
23114
City
Midlothian
Street
Lockett Ridge Rd
Coordinates
37.47195, -77.62077

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
$1,983
Gross rental yield
7.60%
Implied cap rate
4.94%
Trend-extrapolated value

Frequently asked questions

When did 1321 Lockett Ridge Rd last sell?
1321 Lockett Ridge Rd most recently sold on May 2, 2022 for $313,000.
What is the current tax assessment for 1321 Lockett Ridge Rd?
The most recent total assessment for 1321 Lockett Ridge Rd (year 2025) is $323,000 with $2,810 in property tax.
How does 1321 Lockett Ridge Rd's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $313,000.
When was 1321 Lockett Ridge Rd built?
1321 Lockett Ridge Rd was built in 1983.
How does 1321 Lockett Ridge Rd compare to others on Lockett Ridge Rd?
We track 8 other properties on Lockett Ridge Rd. Browse the list under "Other properties on Lockett Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 1321 Lockett Ridge Rd?
1321 Lockett Ridge Rd is a 3 bed, 3 bath, 1,322 sqft, 8,799 sqft lot single_family.
Is 1321 Lockett Ridge Rd a flip candidate?
Yes — 1321 Lockett Ridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1321 Lockett Ridge Rd a tax-appeal candidate?
No — 1321 Lockett Ridge Rd 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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