2031 Richmond Ave
Petersburg, VA 23803
2 bd 1 ba 672 sqft Built 1951 Lot 7,501 sqft single_family
Most recent sale
$44,000
Apr 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 3, 2023 | Sold | $111,400 | CVRMLS |
| Sep 27, 2022 | Price changed | $93,000 | MLS #2226096 |
| Sep 19, 2022 | Listed | $99,000 | MLS #2226096 |
| May 13, 2022 | Price changed | $68,000 | MLS #2211820 |
| May 3, 2022 | Listed | $72,500 | MLS #2211820 |
| Apr 7, 2022 | Sold | $44,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $114,900 | $12,800 | $127,700 | $1,621 |
| 2023 | $114,900 | $12,800 | $127,700 | $1,054 |
| 2022 | $27,300 | $12,800 | $40,100 | $509 |
| 2021 | $26,800 | $12,500 | $39,300 | $531 |
| 2020 | $26,800 | $12,500 | $39,300 | $531 |
| 2019 | $26,800 | $12,500 | $39,300 | $531 |
| 2018 | $26,800 | $12,500 | $39,300 | $531 |
| 2017 | $26,800 | $12,500 | $39,300 | $531 |
| 2016 | $26,800 | $12,500 | $39,300 | $531 |
| 2015 | $26,800 | $12,500 | $39,300 | $531 |
| 2014 | $26,800 | $12,500 | $39,300 | $531 |
| 2012 | $29,800 | $12,500 | $42,300 | $571 |
| 2011 | $29,800 | $12,500 | $42,300 | $571 |
| 2009 | $32,400 | $13,700 | $46,100 | $622 |
Property facts
Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
672 sqft
Lot size
7,501 sqft
ZIP code
23803
City
Petersburg
Street
Richmond Ave
Coordinates
37.23843, -77.36980
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$264
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2031 Richmond Ave last sell?
2031 Richmond Ave most recently sold on Apr 7, 2022 for $44,000.
What is the current tax assessment for 2031 Richmond Ave?
The most recent total assessment for 2031 Richmond Ave (year 2025) is $127,700 with $1,621 in property tax.
How does 2031 Richmond Ave's assessment compare to its last sale price?
The current assessment is 190.2% above the last sale price of $44,000.
When was 2031 Richmond Ave built?
2031 Richmond Ave was built in 1951.
How does 2031 Richmond Ave compare to others on Richmond Ave?
We track 8 other properties on Richmond Ave. Browse the list under "Other properties on Richmond Ave" to compare beds, baths, and sale history.
What are the property facts for 2031 Richmond Ave?
2031 Richmond Ave is a 2 bed, 1 bath, 672 sqft, 7,501 sqft lot single_family.
Is 2031 Richmond Ave a flip candidate?
Yes — 2031 Richmond Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2031 Richmond Ave a tax-appeal candidate?
No — 2031 Richmond Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$223.4K
2026 Q4
$225.9K
ZIP 23803 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Richmond Ave