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3807 Waterwheel Dr

Midlothian, VA 23112

5 bd 3 ba 2,688 sqft Built 2004 Lot 16,291 sqft single_family
Most recent sale
$440,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $440,000 MLS #2219121
Jul 8, 2022 Listed $450,000 MLS #2219121
Jul 5, 2017 Sold $286,500 MLS #1624157
Nov 14, 2016 Sold $286,500 Public Record
Jul 26, 2016 Price changed $299,000 MLS #1624157
Jul 14, 2016 Listed $305,000 MLS #1624157
Mar 30, 2004 Sold $219,125 Public Record
Oct 2, 2001 Sold $585,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $436,700 $85,000 $521,700 $4,514
2024 $427,200 $80,000 $507,200 $4,441
2023 $355,500 $74,000 $429,500 $3,908
2022 $311,600 $72,000 $383,600 $3,529
2021 $255,400 $70,000 $325,400 $3,091
2020 $250,800 $70,000 $320,800 $3,048
2019 $250,800 $68,000 $318,800 $3,029
2018 $238,400 $66,000 $304,400 $2,892
2017 $227,400 $66,000 $293,400 $2,817
2016 $211,500 $66,000 $277,500 $2,664
2015 $205,500 $66,000 $271,500 $2,606
2014 $199,900 $66,000 $265,900 $2,578
2013 $183,600 $66,000 $249,600 $2,384
2012 $182,800 $66,000 $248,800 $2,389
2011 $208,800 $68,000 $276,800 $2,630
2010 $212,300 $70,000 $282,300 $2,682
2009 $220,500 $70,000 $290,500 $2,760
2008 $259,600 $70,000 $329,600 $3,131
2007 $234,300 $60,000 $294,300 $2,854

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,688 sqft
Lot size
16,291 sqft
ZIP code
23112
City
Midlothian
Street
Waterwheel Dr
Coordinates
37.43825, -77.63650

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,032
Gross rental yield
11.00%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 3807 Waterwheel Dr last sell?
3807 Waterwheel Dr most recently sold on Aug 12, 2022 for $440,000.
What is the current tax assessment for 3807 Waterwheel Dr?
The most recent total assessment for 3807 Waterwheel Dr (year 2025) is $521,700 with $4,514 in property tax.
How does 3807 Waterwheel Dr's assessment compare to its last sale price?
The current assessment is 18.6% above the last sale price of $440,000.
When was 3807 Waterwheel Dr built?
3807 Waterwheel Dr was built in 2004.
How does 3807 Waterwheel Dr compare to others on Waterwheel Dr?
We track 6 other properties on Waterwheel Dr. Browse the list under "Other properties on Waterwheel Dr" to compare beds, baths, and sale history.
What are the property facts for 3807 Waterwheel Dr?
3807 Waterwheel Dr is a 5 bed, 3 bath, 2,688 sqft, 16,291 sqft lot single_family.
Is 3807 Waterwheel Dr a flip candidate?
No — 3807 Waterwheel Dr does not appear in our flips dataset.
Is 3807 Waterwheel Dr a tax-appeal candidate?
Yes — 3807 Waterwheel Dr 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 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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