3505 Merestep Way
Toano, VA 23168
5 bd 3 ba 3,344 sqft Built 2010 Lot 10,019 sqft single_family
Most recent sale
$475,000
Jul 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 14, 2022 | Sold | $475,000 | MLS #2214287 |
| Jun 6, 2022 | Listed | $470,000 | MLS #10438465 |
| Jun 3, 2022 | Listed | $470,000 | MLS #2214287 |
| May 31, 2022 | Listed | $470,000 | MLS #2201794 |
| Jun 28, 2019 | Sold | $355,000 | MLS #1901472 |
| May 3, 2019 | Price changed | $365,000 | MLS #10252266 |
| May 2, 2019 | Price changed | $365,000 | MLS #1901472 |
| Apr 12, 2019 | Listed | $375,000 | MLS #1901472 |
| Nov 27, 2017 | Sold | $345,000 | MLS #1737371 |
| Nov 3, 2017 | Listing removed | $345,000 | HamptonRoads |
| Oct 20, 2017 | Listed | $345,000 | MLS #10158165 |
| Sep 28, 2010 | Sold | $301,065 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $318,500 | $72,800 | $391,300 | $3,247 |
| 2021 | $295,600 | $65,000 | $360,600 | $3,029 |
| 2020 | $295,600 | $65,000 | $360,600 | $3,029 |
| 2019 | $282,300 | $59,900 | $342,200 | $2,874 |
| 2018 | $282,300 | $59,900 | $342,200 | $2,874 |
| 2017 | $276,500 | $59,900 | $336,400 | $2,826 |
| 2016 | $276,500 | $59,900 | $336,400 | $2,826 |
| 2015 | $241,100 | $59,900 | $301,000 | $2,318 |
| 2014 | $241,100 | $59,900 | $301,000 | $2,318 |
| 2013 | $241,100 | $59,900 | $301,000 | $2,318 |
| 2012 | $241,100 | $59,900 | $301,000 | $2,441 |
| 2011 | $257,100 | $59,900 | $317,000 | $2,441 |
| 2010 | — | $59,900 | $59,900 | $461 |
Property facts
Year built
2010
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,344 sqft
Lot size
10,019 sqft
ZIP code
23168
City
Toano
Street
Merestep Way
Coordinates
37.40838, -76.79674
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,016
Gross rental yield
12.67%
Implied cap rate
8.24%
Trend-extrapolated value
—
Frequently asked questions
When did 3505 Merestep Way last sell?
3505 Merestep Way most recently sold on Jul 14, 2022 for $475,000.
What is the current tax assessment for 3505 Merestep Way?
The most recent total assessment for 3505 Merestep Way (year 2022) is $391,300 with $3,247 in property tax.
How does 3505 Merestep Way's assessment compare to its last sale price?
The current assessment is 17.6% below the last sale price of $475,000.
When was 3505 Merestep Way built?
3505 Merestep Way was built in 2010.
How does 3505 Merestep Way compare to others on Merestep Way?
We track 8 other properties on Merestep Way. Browse the list under "Other properties on Merestep Way" to compare beds, baths, and sale history.
What are the property facts for 3505 Merestep Way?
3505 Merestep Way is a 5 bed, 3 bath, 3,344 sqft, 10,019 sqft lot single_family.
Is 3505 Merestep Way a flip candidate?
No — 3505 Merestep Way does not appear in our flips dataset.
Is 3505 Merestep Way a tax-appeal candidate?
No — 3505 Merestep Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.9%
Implied 1-yr
-19.8%
2026 Q3
$339.2K
2026 Q4
$339.2K
ZIP 23168 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merestep Way