223 Lexington Dr

Ruther Glen, Virginia, 22546

Tax DeedpendingSells Oct 22, 2026 · in 21 days

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Opening bid

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Assessed value

$5,000

Land $5,000Improvement $0

Market / AVM

$300,000

Taxes owed

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Parcel number: 67A3-1-171
Case number: —
Land use: Residential
Building: —
Acreage: 0.43
Lot size: 18,579 sqft
Year built: —
Owner of record: John Miles

Legal description

Lot 171, Lake Caroline Subdivision

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 223 Lexington Dr — the parcel

Aerial view of 223 Lexington Dr — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 132 values

Summary(14)

Id	193,914,908
Flood zone	Yes
Free clear	Yes
High equity	Yes
Property type	LAND
Absentee owner	Yes
Equity percent	100
Flood zone type	X
Investor buyer	Yes
Estimated value	$300,000

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Google Maps (parcel / address search) ↗

Caroline County rules

Sale type: Tax Deed
Redemption: Right to redeem up until the court confirms the sale, not after
Return if redeemed: N/A — outright deed transfer once confirmed
Statute: Code of Virginia Title 58.1, Ch. 39

Full county profile →

Historical comps

No historical bucket for VA|Tax Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Deal analysis

Your maximum bid

$178,750

Walk away above this. Projected profit at the ceiling: $90,000 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$160,875

Under max by $17,875

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

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Median sold

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p(redeem) prior

—

No historical bucket for VA|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $300,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $300,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$24,000
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical VA range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical VA recording and deed issuance cost.: −$250
Holding costs (8 months)assumed Taxes, insurance, and securing the property at ~$450/month.: −$3,600
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$90,000
Maximum bid: $178,750

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE COMPUTED MAX BID IS AN ALL-IN CEILING AND VIRGINIA ADDS A BUYER'S PREMIUM ON TOP OF THE BID. Both sales in our own inventory charge one: Shenandoah County's judicial sale adds 10% of the high bid, and the City of Chesapeake's nonjudicial sale adds 15% plus a $200 recordation fee. Bid at most maxBid ÷ 1.10, or ÷ 1.15 where the terms say 15%. Bidding the computed figure itself overshoots the ceiling by the whole premium — on a $20,000 parcel that is $2,000 to $3,000 of profit that was never there. closingCosts is a flat dollar field and cannot hold a rate; read the auctioneer's terms for every sale.
Virginia assesses at full fair market value, so the ratio is honestly 1.0 — but it is the value as of the last general reassessment, not today. Counties reassess every four years, or every three by vote of the board, and a county of 50,000 or fewer may stretch to five- or six-year intervals (§ 58.1-3252). Most of the Virginia inventory sits in exactly those small counties, so an assessment here can be half a decade old in either direction. Agricultural, horticultural, forest and open-space land enrolled in use-value deferral is assessed on its use value rather than market value, which understates it sharply on development-fringe parcels. A 1.0 ratio is not a licence to treat the assessment as an appraisal.

AI risk brief

Reads this parcel against CarolineCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

193,914,908

Flood zone

Yes

Free clear

Yes

High equity

Yes

Property type

LAND

Absentee owner

Yes

Equity percent

100

Flood zone type

Investor buyer

Yes

Estimated value