Tucked away on a tree-lined street in the quiet Meadow Gate neighborhood sits 7231 Pegway Ln—a classic brick ranch with a long list of updates and a one-car garage! Inside you’ll enjoy a thoughtful layout with original hardwood floors, fresh paint throughout, vinyl windows (2023), updated hardware and fixtures, and new LVP herringbone floors in the family room and kitchen! Once you’ve checked out the covered front porch, you can head inside to the foyer and to your right is a spacious living room boasting incredible natural light. It opens nicely to the formal dining room with chair rail and crown molding. The kitchen and family rooms are open to one another and offer those stylish new herringbone floors. The kitchen is more spacious than you may expect with two walls of cabinets, stainless steel appliances, crown molding and a raw-wood beam that provides a nice divider to the breakfast nook. The family room features a gorgeous brick fireplace with mantle, crown molding and easy access to the rear patio. Down the hall you’ll find all three bedrooms—hardwoods throughout each one, ample closet space and ceiling fans. The primary suite is quite spacious and features a fully updated half bath with newer vanity, flooring, and commode (easily converted back to a full bath!). The two additional bedrooms share a large full bathroom with tile floors, lots of storage, and a tub/shower. The garage is just about perfect—easily accessible from the kitchen, auto-door opener, and it has plenty of built-in storage. Outdoors you’ll enjoy a large concrete patio off the family room, a deck that sits just off the garage pedestrian door, a sizable shed, and a huge yard (lots of trees have been removed by the current owner!) with a newer privacy fence and gates on each side. It’s a must see in beautiful Hanover County! List of recent updates: New Central Heating/Cooling (Heat Pump, 2024), Paved Driveway (2023), New Vapor Barrier & Insulation in Crawl Space (2023), Water Heater (2023), & Roof (2020).
Sold for $390,500
$390,500
7231 Pegway Ln, Mechanicsville, VA 23111
3beds
1,503sqft
Single Family Residence
Built in 1971
0.41 Acres Lot
$390,400 Zestimate®
$260/sqft
$2,274 Estimated rent
Home value
$390,400
$351,000 - $433,000
$2,274/mo
Zestimate® history
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List your homeWhat's special
Classic brick ranchOne-car garageFresh paint throughoutSizable shedCovered front porchOriginal hardwood floorsCrown molding
Zillow last checked:
Listing updated:
Listed by:
Ernie Chamberlain 804-921-4307,
Hometown Realty
Bought with:
Kristy Severin, 0225240476
Long & Foster REALTORS
Source: CVRMLS,MLS#: 2609618
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Description: Hardwoods, Ensuite, Large Closet
- Level: First
- Dimensions: 14.4 x 11.7
Bedroom 2
- Description: Hardwoods, Ceiling Fan/Light, Closet
- Level: First
- Dimensions: 12.3 x 12.9
Bedroom 3
- Description: Hardwoods, Ceiling Fan/Light, Closet
- Level: First
- Dimensions: 10.11 x 10.3
Additional room
- Description: Breakfast Nook, Door to Deck
- Level: First
- Dimensions: 9.5 x 6.4
Dining room
- Description: Hardwoods, Chair Rail, Crown, Chandelier
- Level: First
- Dimensions: 10.0 x 12.2
Family room
- Description: Herringbone Floors, Brick Fireplace
- Level: First
- Dimensions: 16.1 x 12.1
Foyer
- Description: Hardwoods, Overhead Light
- Level: First
- Dimensions: 3.9 x 16.0
Other
- Description: Tub & Shower
- Level: First
Half bath
- Level: First
Kitchen
- Description: Herringbone Floors, Stainless Steel Appliances
- Level: First
- Dimensions: 11.2 x 14.11
Living room
- Description: Hardwoods, Large Windows
- Level: First
- Dimensions: 16.2 x 12.2
Heating
- Electric, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Oven, Refrigerator, Range Hood, Stove, Water Heater, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Fireplace, Bath in Primary Bedroom, Main Level Primary
- Flooring: Vinyl, Wood
- Windows: Screens, Thermal Windows
- Basement: Crawl Space
- Attic: Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,503 sqft
- Finished area above ground: 1,503
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway, Garage, Garage Door Opener, Off Street, Paved
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Porch, Storage, Shed, Paved Driveway
- Pool features: None
- Fencing: Back Yard,Fenced,Privacy
Lot
- Size: 0.41 Acres
- Dimensions: 101 x 179
- Features: Level
- Topography: Level
Details
- Parcel number: 8715543350
- Zoning description: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Meadow Gate
Location
- Region: Mechanicsville
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $335,600
- Annual tax amount: $2,718
- Date on market: 5/18/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $390,500+0.4%$260/sqft |
Source:  CVRMLS #2609618 Report a problem | ||
| 4/19/2026 | Pending sale | $389,000$259/sqft |
Source: CVRMLS #2609618 Report a problem | ||
| 4/16/2026 | Listed for sale | $389,000+23.5%$259/sqft |
Source: CVRMLS #2609618 Report a problem | ||
| 8/11/2023 | Sold | $315,000$210/sqft |
Source: CVRMLS #2316391 Report a problem | ||
| 7/23/2023 | Pending sale | $315,000$210/sqft |
Source: CVRMLS #2316391 Report a problem | ||
| 7/19/2023 | Listed for sale | $315,000$210/sqft |
Source: CVRMLS #2316391 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,718 +11.3% | $335,600 +11.3% |
| 2024 | $2,442 +7.6% | $301,500 +7.6% |
| 2023 | $2,270 +19.9% | $280,200 +19.9% |
| 2022 | $1,893 | $233,700 +5.2% |
| 2021 | -- | $222,200 +7.8% |
| 2020 | $1,669 | $206,100 +10.6% |
| 2019 | -- | $186,400 |
| 2018 | -- | $186,400 +6.2% |
| 2017 | $711 +100% | $175,500 |
| 2016 | $355 | $175,500 |
| 2015 | $355 | $175,500 |
| 2014 | $355 -75% | $175,500 |
| 2013 | $1,422 | -- |
| 2012 | $1,422 -5.9% | -- |
| 2011 | $1,511 | -- |
| 2010 | $1,511 -12.3% | -- |
| 2009 | $1,724 | -- |
| 2008 | $1,724 +28.6% | -- |
| 2007 | $1,341 +1.4% | -- |
| 2006 | $1,323 | -- |
| 2005 | $1,323 | -- |
| 2004 | -- | -- |
| 2003 | $1,118 +10.1% | -- |
| 2002 | $1,016 | -- |
| 2001 | $1,016 | -- |
Find assessor info on the county website
Neighborhood: 23111
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Nearby schools
GreatSchools rating
- 7/10Laurel Meadow Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Bell Creek MiddleGrades: 6-8Distance: 0.9 mi
- 5/10Mechanicsville High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Laurel Meadow
- Middle: Bell Creek Middle
- High: Mechanicsville
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$390,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$390,400
- Virginia
- Hanover County
- Mechanicsville
- 23111
- 7231 Pegway Ln
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