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516 22nd St

Richmond, VA 23223

2 bd 3 ba 1,950 sqft Built 1890 Lot 1,751 sqft townhomes
Most recent sale
$530,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2025 Sold $540,000 CVRMLS
Jun 7, 2022 Sold $530,000 MLS #2210148
Apr 20, 2022 Listed $439,900 MLS #2210148
Mar 30, 2017 Sold $280,000 MLS #1636053
Jan 17, 2017 Relisted $310,000 MLS #1636053
Jan 6, 2017 Listing removed $310,000 CVRMLS
Oct 26, 2016 Listing removed $325,000 CVRMLS
Oct 26, 2016 Listed $310,000 MLS #1636053
Jul 25, 2016 Listed $325,000 MLS #1624690
Apr 16, 2003 Sold $203,000 Public Record
May 16, 2002 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $432,000 $100,000 $532,000 $6,384
2024 $419,000 $95,000 $514,000 $6,168
2023 $380,000 $95,000 $475,000 $5,700
2022 $277,000 $70,000 $347,000 $4,164
2021 $260,000 $55,000 $315,000 $3,780
2020 $256,000 $55,000 $311,000 $3,732
2019 $232,000 $55,000 $287,000 $3,444
2018 $211,000 $55,000 $266,000 $3,192
2017 $219,000 $40,000 $259,000 $3,108
2016 $193,000 $40,000 $233,000 $1,980
2015 $177,000 $40,000 $217,000 $1,437
2014 $152,000 $40,000 $192,000 $988
2013 $170,000 $38,000 $208,000 $636
2011 $195,000 $38,000 $233,000 $756
2010 $195,000 $38,000 $233,000 $27,960
2009 $201,200 $37,700 $238,900 $826
2008 $201,200 $37,700 $238,900 $2,866

Property facts

Year built
1890
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,950 sqft
Lot size
1,751 sqft
ZIP code
23223
City
Richmond
Street
22nd St
Coordinates
37.53570, -77.41933

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
$2,925
Gross rental yield
6.62%
Implied cap rate
4.30%
Trend-extrapolated value

Frequently asked questions

When did 516 22nd St last sell?
516 22nd St most recently sold on Jun 7, 2022 for $530,000.
What is the current tax assessment for 516 22nd St?
The most recent total assessment for 516 22nd St (year 2025) is $532,000 with $6,384 in property tax.
How does 516 22nd St's assessment compare to its last sale price?
The current assessment is 0.4% above the last sale price of $530,000.
When was 516 22nd St built?
516 22nd St was built in 1890.
How does 516 22nd St compare to others on 22nd St?
We track 8 other properties on 22nd St. Browse the list under "Other properties on 22nd St" to compare beds, baths, and sale history.
What are the property facts for 516 22nd St?
516 22nd St is a 2 bed, 3 bath, 1,950 sqft, 1,751 sqft lot townhomes.
Is 516 22nd St a flip candidate?
No — 516 22nd St does not appear in our flips dataset.
Is 516 22nd St a tax-appeal candidate?
No — 516 22nd St 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
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$459.3K
2026 Q4
$477.4K
ZIP 23223 — Median Price History + Forecast

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