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1209 48th St

Richmond, VA 23225

4 bd 3 ba 1,894 sqft Built 1926 Lot 8,194 sqft single_family
Most recent sale
$535,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $535,000 Public Record
Jun 22, 2022 Sold $535,000 CVRMLS
May 12, 2022 Listed $449,900 MLS #2212372
Jun 30, 2000 Sold $130,000 Public Record
Nov 5, 1987 Sold $67,000 Public Record
Jul 3, 1980 Sold $48,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $460,000 $79,000 $539,000 $6,468
2024 $429,000 $79,000 $508,000 $6,096
2023 $429,000 $79,000 $508,000 $6,096
2022 $313,000 $66,000 $379,000 $4,548
2021 $275,000 $60,000 $335,000 $4,020
2020 $264,000 $60,000 $324,000 $3,888
2019 $242,000 $60,000 $302,000 $3,624
2018 $220,000 $60,000 $280,000 $3,360
2017 $216,000 $60,000 $276,000 $3,312
2016 $200,000 $45,000 $245,000 $2,940
2015 $195,000 $45,000 $240,000 $2,880
2014 $195,000 $45,000 $240,000 $2,880
2013 $195,000 $45,000 $240,000 $2,880
2011 $219,000 $45,000 $264,000 $3,168
2010 $219,000 $45,000 $264,000 $31,680
2009 $219,100 $45,000 $264,100 $3,169
2008 $250,800 $45,000 $295,800 $3,549

Property facts

Year built
1926
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,894 sqft
Lot size
8,194 sqft
ZIP code
23225
City
Richmond
Street
48th St
Coordinates
37.51963, -77.48714

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
$2,841
Gross rental yield
6.37%
Implied cap rate
4.14%
Trend-extrapolated value

Frequently asked questions

When did 1209 48th St last sell?
1209 48th St most recently sold on Jun 23, 2022 for $535,000.
What is the current tax assessment for 1209 48th St?
The most recent total assessment for 1209 48th St (year 2025) is $539,000 with $6,468 in property tax.
How does 1209 48th St's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $535,000.
When was 1209 48th St built?
1209 48th St was built in 1926.
How does 1209 48th St compare to others on 48th St?
We track 5 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 1209 48th St?
1209 48th St is a 4 bed, 3 bath, 1,894 sqft, 8,194 sqft lot single_family.
Is 1209 48th St a flip candidate?
No — 1209 48th St does not appear in our flips dataset.
Is 1209 48th St a tax-appeal candidate?
No — 1209 48th 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
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$589.7K
2026 Q4
$589.7K
ZIP 23225 — Median Price History + Forecast

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