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503 28th St

Richmond, VA 23223

3 bd 3 ba 2,452 sqft Built 1860 Lot 3,907 sqft single_family
Most recent sale
$620,000
Nov 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2022 Sold $620,000 CVRMLS
Mar 25, 2022 Sold $350,000 CVRMLS
Dec 3, 1998 Sold $134,000 Public Record
Mar 6, 1991 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $457,000 $105,000 $562,000 $6,744
2024 $439,000 $100,000 $539,000 $6,468
2023 $294,000 $100,000 $394,000 $4,728
2022 $285,000 $75,000 $360,000 $4,320
2021 $270,000 $60,000 $330,000 $3,960
2020 $265,000 $60,000 $325,000 $3,900
2019 $239,000 $60,000 $299,000 $3,588
2018 $200,000 $60,000 $260,000 $3,120
2017 $199,000 $45,000 $244,000 $2,928
2016 $177,000 $40,000 $217,000 $2,604
2015 $158,000 $40,000 $198,000 $2,376
2014 $159,000 $40,000 $199,000 $2,388
2013 $146,000 $50,000 $196,000 $2,352
2011 $167,000 $50,000 $217,000 $2,604
2010 $167,000 $50,000 $217,000 $26,040
2009 $172,100 $50,000 $222,100 $2,665
2008 $172,100 $50,000 $222,100 $2,665

Property facts

Year built
1860
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,452 sqft
Lot size
3,907 sqft
ZIP code
23223
City
Richmond
Street
28th St
Coordinates
37.53177, -77.41402

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
$3,678
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 503 28th St last sell?
503 28th St most recently sold on Nov 8, 2022 for $620,000.
What is the current tax assessment for 503 28th St?
The most recent total assessment for 503 28th St (year 2025) is $562,000 with $6,744 in property tax.
How does 503 28th St's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $620,000.
When was 503 28th St built?
503 28th St was built in 1860.
How does 503 28th St compare to others on 28th St?
We track 8 other properties on 28th St. Browse the list under "Other properties on 28th St" to compare beds, baths, and sale history.
What are the property facts for 503 28th St?
503 28th St is a 3 bed, 3 bath, 2,452 sqft, 3,907 sqft lot single_family.
Is 503 28th St a flip candidate?
Yes — 503 28th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 503 28th St a tax-appeal candidate?
No — 503 28th 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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