2505 3rd Ave
Richmond, VA 23222
3 bd 3 ba 2,016 sqft Built 1923 Lot 4,199 sqft single_family
Most recent sale
$400,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 30, 2022 | Sold | $400,000 | Public Record |
| Aug 29, 2022 | Sold | $400,000 | CVRMLS |
| Jul 21, 2022 | Price changed | $399,000 | MLS #2217335 |
| Jul 9, 2022 | Listed | $400,000 | MLS #2217335 |
| Jan 24, 2022 | Sold | $180,000 | Public Record |
| Apr 23, 1980 | Sold | $31,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $341,000 | $60,000 | $401,000 | $4,812 |
| 2024 | $335,000 | $58,000 | $393,000 | $4,716 |
| 2023 | $275,000 | $58,000 | $333,000 | $3,996 |
| 2022 | $77,000 | $42,000 | $119,000 | $1,428 |
| 2021 | $75,000 | $32,000 | $107,000 | $1,284 |
| 2020 | $75,000 | $32,000 | $107,000 | $1,284 |
| 2019 | $69,000 | $23,000 | $92,000 | $1,104 |
| 2018 | $69,000 | $23,000 | $92,000 | $1,104 |
| 2017 | $69,000 | $22,000 | $91,000 | $1,092 |
| 2016 | $66,000 | $22,000 | $88,000 | $946 |
| 2015 | $66,000 | $22,000 | $88,000 | $835 |
| 2014 | $67,000 | $22,000 | $89,000 | $730 |
| 2013 | $67,000 | $22,000 | $89,000 | $617 |
| 2011 | $76,000 | $22,000 | $98,000 | $504 |
| 2010 | $76,000 | $22,000 | $98,000 | $11,760 |
| 2009 | $118,000 | $22,000 | $140,000 | $888 |
| 2008 | $118,000 | $22,000 | $140,000 | $1,680 |
Property facts
Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,016 sqft
Lot size
4,199 sqft
ZIP code
23222
City
Richmond
Street
3rd Ave
Coordinates
37.56442, -77.42058
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,024
Gross rental yield
9.07%
Implied cap rate
5.90%
Trend-extrapolated value
—
Frequently asked questions
When did 2505 3rd Ave last sell?
2505 3rd Ave most recently sold on Aug 30, 2022 for $400,000.
What is the current tax assessment for 2505 3rd Ave?
The most recent total assessment for 2505 3rd Ave (year 2025) is $401,000 with $4,812 in property tax.
How does 2505 3rd Ave's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $400,000.
When was 2505 3rd Ave built?
2505 3rd Ave was built in 1923.
How does 2505 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 2505 3rd Ave?
2505 3rd Ave is a 3 bed, 3 bath, 2,016 sqft, 4,199 sqft lot single_family.
Is 2505 3rd Ave a flip candidate?
Yes — 2505 3rd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2505 3rd Ave a tax-appeal candidate?
No — 2505 3rd 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
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$418.6K
2026 Q4
$429.2K
ZIP 23222 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd Ave