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5114 Mill Race Cir

North Chesterfield, VA 23234

3 bd 2 ba 1,584 sqft Built 1977 Lot 7,841 sqft single_family
Most recent sale
$198,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2023 Sold $282,000 CVRMLS
May 17, 2023 Price changed $298,000 CVRMLS
Mar 3, 2023 Listed $309,000 CVRMLS
Oct 14, 2022 Sold $198,000 MLS #2226384
Sep 22, 2022 Listed $194,900 MLS #2226384
Dec 1, 1980 Sold $51,353 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $219,400 $61,000 $280,400 $2,313
2024 $201,900 $58,000 $259,900 $2,236
2023 $168,800 $50,000 $218,800 $1,991
2022 $170,000 $38,000 $208,000 $1,913
2021 $136,400 $36,000 $172,400 $1,638
2020 $119,000 $34,000 $153,000 $1,454
2019 $119,000 $34,000 $153,000 $1,454
2018 $112,500 $32,000 $144,500 $1,373
2017 $108,600 $31,000 $139,600 $1,340
2016 $104,500 $31,000 $135,500 $1,301
2015 $98,900 $31,000 $129,900 $1,247
2014 $98,900 $31,000 $129,900 $1,247
2013 $99,600 $31,000 $130,600 $1,241
2012 $117,900 $31,000 $148,900 $1,415
2011 $125,400 $31,000 $156,400 $1,486
2010 $129,200 $33,000 $162,200 $1,541
2009 $137,400 $33,000 $170,400 $1,619
2008 $130,600 $32,000 $162,600 $1,545
2007 $117,400 $30,000 $147,400 $1,429

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
7,841 sqft
ZIP code
23234
City
North Chesterfield
Street
Mill Race Cir
Coordinates
37.45145, -77.45428

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,376
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 5114 Mill Race Cir last sell?
5114 Mill Race Cir most recently sold on Oct 14, 2022 for $198,000.
What is the current tax assessment for 5114 Mill Race Cir?
The most recent total assessment for 5114 Mill Race Cir (year 2025) is $280,400 with $2,313 in property tax.
How does 5114 Mill Race Cir's assessment compare to its last sale price?
The current assessment is 41.6% above the last sale price of $198,000.
When was 5114 Mill Race Cir built?
5114 Mill Race Cir was built in 1977.
How does 5114 Mill Race Cir compare to others on Mill Race Cir?
We do not currently track other properties on Mill Race Cir.
What are the property facts for 5114 Mill Race Cir?
5114 Mill Race Cir is a 3 bed, 2 bath, 1,584 sqft, 7,841 sqft lot single_family.
Is 5114 Mill Race Cir a flip candidate?
Yes — 5114 Mill Race Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5114 Mill Race Cir a tax-appeal candidate?
No — 5114 Mill Race Cir 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$330.2K
2026 Q4
$334.4K
ZIP 23234 — Median Price History + Forecast

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