511 Bancroft Ave
Richmond, VA 23222
3 bd 3 ba 1,460 sqft Built 1923 Lot 4,800 sqft single_family
Most recent sale
$180,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 27, 2023 | Sold | $365,000 | CVRMLS |
| Mar 16, 2023 | Sold | $210,000 | CVRMLS |
| May 27, 2022 | Sold | $180,000 | MLS #2210951 |
| Apr 26, 2022 | Listed | $200,000 | MLS #2210951 |
| Nov 25, 1987 | Sold | $43,900 | Public Record |
| Sep 29, 1986 | Sold | $27,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $303,000 | $64,000 | $367,000 | $4,404 |
| 2024 | $115,000 | $58,000 | $173,000 | $2,076 |
| 2023 | $109,000 | $58,000 | $167,000 | $2,004 |
| 2022 | $73,000 | $42,000 | $115,000 | $1,380 |
| 2021 | $72,000 | $32,000 | $104,000 | $1,248 |
| 2020 | $65,000 | $32,000 | $97,000 | $582 |
| 2019 | $61,000 | $20,000 | $81,000 | $972 |
| 2018 | $61,000 | $20,000 | $81,000 | $972 |
| 2017 | $61,000 | $20,000 | $81,000 | $972 |
| 2016 | $61,000 | $20,000 | $81,000 | $972 |
| 2015 | $60,000 | $20,000 | $80,000 | $960 |
| 2014 | $60,000 | $20,000 | $80,000 | $960 |
| 2013 | $60,000 | $20,000 | $80,000 | $960 |
| 2011 | $71,000 | $22,000 | $93,000 | $1,116 |
| 2010 | $71,000 | $22,000 | $93,000 | $11,160 |
| 2009 | $88,200 | $22,000 | $110,200 | $1,322 |
| 2008 | $84,200 | $22,000 | $106,200 | $1,274 |
Property facts
Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,460 sqft
Lot size
4,800 sqft
ZIP code
23222
City
Richmond
Street
Bancroft Ave
Coordinates
37.57566, -77.42471
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 511 Bancroft Ave last sell?
511 Bancroft Ave most recently sold on May 27, 2022 for $180,000.
What is the current tax assessment for 511 Bancroft Ave?
The most recent total assessment for 511 Bancroft Ave (year 2025) is $367,000 with $4,404 in property tax.
How does 511 Bancroft Ave's assessment compare to its last sale price?
The current assessment is 103.9% above the last sale price of $180,000.
When was 511 Bancroft Ave built?
511 Bancroft Ave was built in 1923.
How does 511 Bancroft Ave compare to others on Bancroft Ave?
We track 8 other properties on Bancroft Ave. Browse the list under "Other properties on Bancroft Ave" to compare beds, baths, and sale history.
What are the property facts for 511 Bancroft Ave?
511 Bancroft Ave is a 3 bed, 3 bath, 1,460 sqft, 4,800 sqft lot single_family.
Is 511 Bancroft Ave a flip candidate?
Yes — 511 Bancroft Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 511 Bancroft Ave a tax-appeal candidate?
No — 511 Bancroft 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
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Geography
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