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7999 Fast Ln, Mechanicsville, VA, 23111

4beds
3baths
3,011sqft
$629,999
$209price/sqft
$4,102/moest. monthly cost
$164,080/yrincome needed

About This Home

.92 Acres, up to 2.86 contiguous acres, zoned B3. There is a 2-Unit house on each lot, that can be rented for business or residential income, with dual access from Fast Lane in the front and rear and located at I-295. B3 Zoning allows for business uses or they can remain, as grandfathered, income-producing residential apt/office. There is additional lot and 2nd duplex style SF house available at 7581 Cold Harbor Rd. Both lots are easily accessible from Cold Harbor Rd and Fast Lane. No HOA membership, restrictions or fees required. This is an 'as is' sale, though the seller is not aware of any defects.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

5/10
Bell Creek MiddleGrades 6-82.0 mi
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1960

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Drywall,Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Ranch,Row House,Two Story
  • Property subType: Townhouse,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Water Heater,Refrigerator,Stove,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Main Level Primary
  • Flooring: Partially Carpeted,Wood
  • Number of fireplaces: 1
  • Fireplace features: Masonry
  • Fireplace: Yes
  • Attic: Finished,Floored
  • Finished area below ground: 1,573
  • Finished area above ground: 1,438

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Wall Unit(s)

Interior Area

  • Total interior livable area: 3,011 sqft

Other

  • Level: Basement

Other

  • Level: First

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Accessible Bedroom,Accessible Kitchen

Details

  • Parcel number: 8714040513
  • Zoning description: B3

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Front Porch,Patio,Side Porch,Porch
  • Exterior features: Porch,Unpaved Driveway
  • Fencing: None
  • Topography of land: Level

Lot

  • Lot size: 0.86 Acres
  • Features: Additional Land Available,Buildable,Cleared,Level

Parking

  • Parking features: Circular Driveway,Driveway,Off Street,Unpaved
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate

How This Home’s Risks Compare

Lightning

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$202$2,424
Property Taxes $425$5,100
Electricity $290$3,480
Total$4,102$49,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,640/yr
40% on housing$123,060/yr
45% on housing$109,386/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 23111$211
Hanover County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 23111$229
Hanover County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-04Price change$789,999
2025-11-09Listed for sale$537,999

For Sale by Agent

AgentSusan Haas
BrokerageHAAS Realty Group

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