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507 Arnold Ave

Richmond, VA 23222

3 bd 3 ba 1,396 sqft Built 2024 Lot 9,322 sqft single_family
Most recent sale
$400,000
Mar 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2024 Sold $400,000 CVRMLS
Feb 12, 2024 Listed $399,000 CVRMLS
Feb 8, 2023 Sold $135,000 CVRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $264,000 $69,000 $333,000 $3,996
2024 $95,000 $78,000 $173,000 $2,076
2023 $91,000 $78,000 $169,000 $2,028
2022 $91,000 $47,000 $138,000 $1,656
2017 $76,000 $27,000 $103,000 $1,236
2010 $79,000 $27,000 $106,000 $12,720
2008 $89,000 $27,000 $116,000 $1,392

Property facts

Year built
2024
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,396 sqft
Lot size
9,322 sqft
ZIP code
23222
City
Richmond
Street
Arnold Ave
Coordinates
37.57332, -77.42602

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
$2,094
Gross rental yield
6.28%
Implied cap rate
4.08%
Trend-extrapolated value

Frequently asked questions

When did 507 Arnold Ave last sell?
507 Arnold Ave most recently sold on Mar 15, 2024 for $400,000.
What is the current tax assessment for 507 Arnold Ave?
The most recent total assessment for 507 Arnold Ave (year 2025) is $333,000 with $3,996 in property tax.
How does 507 Arnold Ave's assessment compare to its last sale price?
The current assessment is 16.8% below the last sale price of $400,000.
When was 507 Arnold Ave built?
507 Arnold Ave was built in 2024.
How does 507 Arnold Ave compare to others on Arnold Ave?
We track 8 other properties on Arnold Ave. Browse the list under "Other properties on Arnold Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Arnold Ave?
507 Arnold Ave is a 3 bed, 3 bath, 1,396 sqft, 9,322 sqft lot single_family.
Is 507 Arnold Ave a flip candidate?
Yes — 507 Arnold Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Arnold Ave a tax-appeal candidate?
No — 507 Arnold 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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