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2551 Richmond Hwy

Gladstone, VA 24553

3 bd 2 ba 1,662 sqft Built 1950 Lot 53,143 sqft single_family
Most recent sale
$180,100
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $180,100 Public Record
Aug 25, 2022 Sold $180,100 Lynchburg
Jul 1, 2022 Listed $174,900 MLS #339217
Nov 8, 2017 Sold $112,500 Public Record
Nov 7, 2017 Listing removed $109,000 Lynchburg
Aug 7, 2017 Listed $109,000 MLS #306950

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $93,700 $21,100 $114,800 $700
2023 $93,700 $21,100 $114,800 $700
2022 $93,700 $21,100 $114,800 $700
2021 $93,700 $21,100 $114,800 $700
2020 $93,700 $21,100 $114,800 $700
2019 $83,100 $27,100 $110,200 $672
2018 $83,100 $27,100 $110,200 $672
2017 $83,100 $27,100 $110,200 $672
2016 $83,100 $27,100 $110,200 $672
2015 $83,100 $27,100 $110,200 $617
2014 $83,100 $27,100 $110,200 $617
2013 $86,800 $27,100 $113,900 $615

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,662 sqft
Lot size
53,143 sqft
ZIP code
24553
City
Gladstone
Street
Richmond Hwy
Coordinates
37.56398, -78.95401

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,081
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2551 Richmond Hwy last sell?
2551 Richmond Hwy most recently sold on Aug 26, 2022 for $180,100.
What is the current tax assessment for 2551 Richmond Hwy?
The most recent total assessment for 2551 Richmond Hwy (year 2025) is $114,800 with $700 in property tax.
How does 2551 Richmond Hwy's assessment compare to its last sale price?
The current assessment is 36.3% below the last sale price of $180,100.
When was 2551 Richmond Hwy built?
2551 Richmond Hwy was built in 1950.
How does 2551 Richmond Hwy compare to others on Richmond Hwy?
We track 8 other properties on Richmond Hwy. Browse the list under "Other properties on Richmond Hwy" to compare beds, baths, and sale history.
What are the property facts for 2551 Richmond Hwy?
2551 Richmond Hwy is a 3 bed, 2 bath, 1,662 sqft, 53,143 sqft lot single_family.
Is 2551 Richmond Hwy a flip candidate?
No — 2551 Richmond Hwy does not appear in our flips dataset.
Is 2551 Richmond Hwy a tax-appeal candidate?
No — 2551 Richmond Hwy is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.2%
2025 Q2
$213.7K
2025 Q3
$205.6K
ZIP 24553 — Median Price History + Forecast

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