PRICE IMPROVEMENT!!!!!!
Nestled on 6.98 acres of versatile land, this charming brick home offers endless potential in a prime location. The property is zoned B3, allowing for a dynamic mix of commercial, automotive, and recreational opportunities, making it an exceptional investment. This property is entrenched with thousands in timber alone.
Inside the home, you'll find a spacious layout with an upstairs area waiting to be finished—perfect for an additional bedroom and bath to suit your vision. Step onto the screened-in porch and enjoy serene outdoor living, ideal for relaxing or entertaining.
Whether you're looking for a beautiful residential retreat or a strategically positioned property with business potential, this listing offers a rare blend of comfort, space, and commercial flexibility
Sold for $240,000
$240,000
5138 New Market Rd, Henrico, VA 23231
2beds
1,071sqft
Single Family Residence
Built in 1951
6.98 Acres Lot
$319,300 Zestimate®
$224/sqft
$1,711 Estimated rent
Home value
$319,300
$303,000 - $335,000
$1,711/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$1,711/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,711/mo
Rent Zestimate®
Refinance and save
$1,159/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$1,159/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: October 06, 2025 at 08:47am
Listed by:
DeAndre Wheeler 757-735-4338,
Legacy Builders Real Estate Group LLC,
Jonathan Siler 804-877-8708,
Legacy Builders Real Estate Group LLC
Bought with:
Amanda Redfern, 0225218953
Howard Hanna Real Estate Services
Source: CVRMLS,MLS#: 2515094
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: Tub & Shower
- Level: First
Heating
- Forced Air, Heat Pump, Natural Gas
Cooling
- Central Air
Features
- Has basement: No
- Attic: Access Only
Interior area
- Total interior livable area: 1,071 sqft
- Finished area above ground: 1,071
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6.98 Acres
Details
- Parcel number: 8416734282
- Zoning description: B3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt
Condition
- Resale
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Henrico
- Subdivision: Acreage
Other
Other facts
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $240,000-27.3%$224/sqft |
Source:  CVRMLS #2515094 Report a problem | ||
| 7/20/2025 | Pending sale | $329,950$308/sqft |
Source: CVRMLS #2515094 Report a problem | ||
| 6/23/2025 | Price change | $329,950-10.8%$308/sqft |
Source: CVRMLS #2515094 Report a problem | ||
| 5/29/2025 | Listed for sale | $369,950+64.4%$345/sqft |
Source: CVRMLS #2515094 Report a problem | ||
| 6/6/2022 | Listing removed | -- |
Source: CVRMLS #2215164 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,019 +6.6% | $243,200 +9.2% |
| 2024 | $1,894 +4.3% | $222,800 +4.3% |
| 2023 | $1,816 +10% | $213,700 +10% |
Find assessor info on the county website
Neighborhood: 23231
Nearby schools
GreatSchools rating
- NAMehfoud Elementary SchoolGrades: PK-2Distance: 4.9 mi
- 3/10Elko Middle SchoolGrades: 6-8Distance: 7.1 mi
- 2/10Varina High SchoolGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Mehfoud
- Middle: Elko
- High: Varina
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$319,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$319,300
- Virginia
- Henrico County
- Henrico
- 23231
- 5138 New Market Rd