Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 31M+ properties All 50 states Methodology

1602 Colorado Ave

Richmond, VA 23220

2 bd 2 ba 833 sqft Built 1969 Lot 5,510 sqft single_family
Most recent sale
$205,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $205,000 MLS #2213397
May 20, 2022 Listed $205,000 MLS #2213397

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $179,000 $100,000 $279,000 $3,348
2024 $171,000 $95,000 $266,000 $3,192
2023 $160,000 $85,000 $245,000 $2,940
2022 $108,000 $75,000 $183,000 $2,196
2021 $98,000 $65,000 $163,000 $1,956
2010 $59,000 $20,000 $79,000 $9,480
2008 $77,100 $20,000 $97,100 $1,165

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
833 sqft
Lot size
5,510 sqft
ZIP code
23220
City
Richmond
Street
Colorado Ave
Coordinates
37.53756, -77.46644

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,250
Gross rental yield
7.32%
Implied cap rate
4.76%
Trend-extrapolated value

Frequently asked questions

When did 1602 Colorado Ave last sell?
1602 Colorado Ave most recently sold on Jun 28, 2022 for $205,000.
What is the current tax assessment for 1602 Colorado Ave?
The most recent total assessment for 1602 Colorado Ave (year 2025) is $279,000 with $3,348 in property tax.
How does 1602 Colorado Ave's assessment compare to its last sale price?
The current assessment is 36.1% above the last sale price of $205,000.
When was 1602 Colorado Ave built?
1602 Colorado Ave was built in 1969.
How does 1602 Colorado Ave compare to others on Colorado Ave?
We track 2 other properties on Colorado Ave. Browse the list under "Other properties on Colorado Ave" to compare beds, baths, and sale history.
What are the property facts for 1602 Colorado Ave?
1602 Colorado Ave is a 2 bed, 2 bath, 833 sqft, 5,510 sqft lot single_family.
Is 1602 Colorado Ave a flip candidate?
No — 1602 Colorado Ave does not appear in our flips dataset.
Is 1602 Colorado Ave a tax-appeal candidate?
Yes — 1602 Colorado Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.2%
Implied 1-yr
+20.6%
2026 Q3
$993K
2026 Q4
$1.03M
ZIP 23220 — Median Price History + Forecast

Explore nearby

Other properties on Colorado Ave