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416 Lane Cres

Smithfield, VA 23430

3 bd 2 ba 2,093 sqft Built 2004 Lot 16,117 sqft single_family
Most recent sale
$389,500
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $389,500 Public Record
Apr 24, 2022 Listed $359,900 MLS #10432498
Jun 13, 2018 Sold $275,000 Public Record
May 12, 2018 Listing removed $286,000 HamptonRoads
May 3, 2018 Listed $286,000 MLS #10192427

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $300,900 $55,000 $355,900 $2,799
2024 $300,900 $55,000 $355,900 $2,652
2023 $300,900 $55,000 $355,900 $2,580
2022 $196,000 $50,000 $246,000 $2,145
2021 $196,000 $50,000 $246,000 $2,145
2020 $196,000 $50,000 $246,000 $2,145
2019 $196,000 $50,000 $246,000 $2,145
2018 $182,800 $50,000 $232,800 $2,032
2017 $182,800 $50,000 $232,800 $2,032
2016 $182,800 $50,000 $232,800 $2,050
2015 $182,800 $50,000 $232,800 $2,050
2014 $199,500 $50,000 $249,500 $2,120
2013 $199,500 $50,000 $249,500 $1,821
2012 $199,500 $50,000 $249,500 $1,621
2011 $222,600 $50,000 $272,600 $1,771
2010 $222,600 $50,000 $272,600 $1,417
2008 $215,900 $50,000 $265,900 $1,382

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,093 sqft
Lot size
16,117 sqft
ZIP code
23430
City
Smithfield
Street
Lane Cres
Coordinates
36.98062, -76.60494

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
$3,140
Gross rental yield
9.67%
Implied cap rate
6.29%
Trend-extrapolated value

Frequently asked questions

When did 416 Lane Cres last sell?
416 Lane Cres most recently sold on Jun 1, 2022 for $389,500.
What is the current tax assessment for 416 Lane Cres?
The most recent total assessment for 416 Lane Cres (year 2025) is $355,900 with $2,799 in property tax.
How does 416 Lane Cres's assessment compare to its last sale price?
The current assessment is 8.6% below the last sale price of $389,500.
When was 416 Lane Cres built?
416 Lane Cres was built in 2004.
How does 416 Lane Cres compare to others on Lane Cres?
We track 8 other properties on Lane Cres. Browse the list under "Other properties on Lane Cres" to compare beds, baths, and sale history.
What are the property facts for 416 Lane Cres?
416 Lane Cres is a 3 bed, 2 bath, 2,093 sqft, 16,117 sqft lot single_family.
Is 416 Lane Cres a flip candidate?
No — 416 Lane Cres does not appear in our flips dataset.
Is 416 Lane Cres a tax-appeal candidate?
No — 416 Lane Cres 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$580.5K
2026 Q4
$595.9K
ZIP 23430 — Median Price History + Forecast

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