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12878 Richmond St

Chester, VA 23831

4 bd 2 ba 2,700 sqft Built 1975 Lot 83,025 sqft single_family
Most recent sale
$280,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $280,000 MLS #2209911
Jul 29, 2022 Relisted $297,200 MLS #2209911
Apr 16, 2022 Listed $297,200 MLS #2209911
Jun 4, 1997 Sold $147,500 Public Record
Dec 1, 1978 Sold $74,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $288,800 $71,500 $360,300 $3,012
2024 $267,000 $71,500 $338,500 $2,899
2023 $237,600 $69,500 $307,100 $2,794
2022 $236,700 $60,500 $297,200 $2,734
2021 $219,900 $57,500 $277,400 $2,635
2020 $194,200 $53,500 $247,700 $2,353
2019 $174,400 $49,500 $223,900 $2,127
2018 $165,100 $49,500 $214,600 $2,039
2017 $165,100 $49,500 $214,600 $2,060
2016 $149,400 $54,400 $203,800 $1,956
2015 $149,400 $54,400 $203,800 $1,956
2014 $149,400 $54,400 $203,800 $1,981
2013 $149,400 $54,400 $203,800 $1,949
2012 $151,000 $54,400 $205,400 $1,976
2011 $166,500 $56,300 $222,800 $2,117
2010 $178,300 $58,300 $236,600 $2,248
2009 $184,200 $58,300 $242,500 $2,304
2008 $184,200 $58,300 $242,500 $2,304
2007 $159,800 $51,300 $211,100 $2,047

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,700 sqft
Lot size
83,025 sqft
ZIP code
23831
City
Chester
Street
Richmond St
Coordinates
37.34332, -77.42660

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12878 Richmond St last sell?
12878 Richmond St most recently sold on Sep 9, 2022 for $280,000.
What is the current tax assessment for 12878 Richmond St?
The most recent total assessment for 12878 Richmond St (year 2025) is $360,300 with $3,012 in property tax.
How does 12878 Richmond St's assessment compare to its last sale price?
The current assessment is 28.7% above the last sale price of $280,000.
When was 12878 Richmond St built?
12878 Richmond St was built in 1975.
How does 12878 Richmond St compare to others on Richmond St?
We track 8 other properties on Richmond St. Browse the list under "Other properties on Richmond St" to compare beds, baths, and sale history.
What are the property facts for 12878 Richmond St?
12878 Richmond St is a 4 bed, 2 bath, 2,700 sqft, 83,025 sqft lot single_family.
Is 12878 Richmond St a flip candidate?
No — 12878 Richmond St does not appear in our flips dataset.
Is 12878 Richmond St a tax-appeal candidate?
Yes — 12878 Richmond St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$428.4K
2026 Q4
$435.7K
ZIP 23831 — Median Price History + Forecast

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