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3516 1st Ave

Richmond, VA 23222

3 bd 1 ba 912 sqft Built 1974 Lot 4,900 sqft single_family
Most recent sale
$160,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $160,000 MLS #2204122
Mar 10, 2022 Listed $199,950 MLS #2204122
Jan 21, 1997 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $107,000 $61,000 $168,000 $2,016
2024 $103,000 $58,000 $161,000 $1,932
2023 $94,000 $58,000 $152,000 $1,824
2022 $66,000 $43,000 $109,000 $1,308
2021 $62,000 $33,000 $95,000 $1,140
2020 $65,000 $30,000 $95,000 $1,140
2019 $59,000 $25,000 $84,000 $1,008
2018 $55,000 $15,000 $70,000 $840
2017 $54,000 $15,000 $69,000 $828
2016 $56,000 $15,000 $71,000 $852
2015 $50,000 $21,000 $71,000 $852
2014 $50,000 $21,000 $71,000 $852
2013 $52,000 $21,000 $73,000 $876
2011 $62,000 $21,000 $83,000 $996
2010 $62,000 $21,000 $83,000 $9,960
2009 $76,900 $21,000 $97,900 $1,174
2008 $76,900 $21,000 $97,900 $1,174

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
912 sqft
Lot size
4,900 sqft
ZIP code
23222
City
Richmond
Street
1st Ave
Coordinates
37.57752, -77.41418

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,368
Gross rental yield
10.26%
Implied cap rate
6.67%
Trend-extrapolated value

Frequently asked questions

When did 3516 1st Ave last sell?
3516 1st Ave most recently sold on May 4, 2022 for $160,000.
What is the current tax assessment for 3516 1st Ave?
The most recent total assessment for 3516 1st Ave (year 2025) is $168,000 with $2,016 in property tax.
How does 3516 1st Ave's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $160,000.
When was 3516 1st Ave built?
3516 1st Ave was built in 1974.
How does 3516 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 3516 1st Ave?
3516 1st Ave is a 3 bed, 1 bath, 912 sqft, 4,900 sqft lot single_family.
Is 3516 1st Ave a flip candidate?
No — 3516 1st Ave does not appear in our flips dataset.
Is 3516 1st Ave a tax-appeal candidate?
No — 3516 1st Ave 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
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$418.6K
2026 Q4
$429.2K
ZIP 23222 — Median Price History + Forecast

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