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3229 Franklin St

Richmond, VA 23221

1 bd 1 ba 848 sqft Built 1958 Lot 3,625 sqft single_family
Most recent sale
$315,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $315,000 CVRMLS
Sep 28, 2018 Sold $250,000 CVRMLS
Aug 25, 2018 Listed $250,000 CVRMLS
Jun 10, 2013 Sold $167,950 Public Record
Jun 6, 2013 Sold $167,950 CVRMLS
Mar 30, 2013 Listing removed $167,950 CVRMLS
Mar 11, 2013 Listed $167,950 CVRMLS
Jun 21, 2004 Sold $120,000 Public Record
Jun 13, 1995 Sold $58,000 Public Record
Sep 30, 1988 Sold $49,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,000 $220,000 $368,000 $4,416
2024 $139,000 $215,000 $354,000 $4,248
2023 $138,000 $190,000 $328,000 $3,936
2022 $129,000 $145,000 $274,000 $3,288
2021 $124,000 $115,000 $239,000 $2,868
2020 $120,000 $100,000 $220,000 $2,640
2019 $105,000 $100,000 $205,000 $2,460
2018 $87,000 $100,000 $187,000 $2,244
2017 $86,000 $90,000 $176,000 $2,112
2016 $84,000 $85,000 $169,000 $2,028
2015 $79,000 $85,000 $164,000 $1,968
2014 $79,000 $80,000 $159,000 $1,908
2013 $79,000 $80,000 $159,000 $1,908
2011 $80,000 $80,000 $160,000 $1,920
2010 $80,000 $80,000 $160,000 $19,200
2009 $81,400 $80,000 $161,400 $1,936
2008 $70,100 $66,400 $136,500 $1,638

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
848 sqft
Lot size
3,625 sqft
ZIP code
23221
City
Richmond
Street
Franklin St
Coordinates
37.56281, -77.47811

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
$1,272
Gross rental yield
4.85%
Implied cap rate
3.15%
Trend-extrapolated value

Frequently asked questions

When did 3229 Franklin St last sell?
3229 Franklin St most recently sold on Oct 28, 2022 for $315,000.
What is the current tax assessment for 3229 Franklin St?
The most recent total assessment for 3229 Franklin St (year 2025) is $368,000 with $4,416 in property tax.
How does 3229 Franklin St's assessment compare to its last sale price?
The current assessment is 16.8% above the last sale price of $315,000.
When was 3229 Franklin St built?
3229 Franklin St was built in 1958.
How does 3229 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 3229 Franklin St?
3229 Franklin St is a 1 bed, 1 bath, 848 sqft, 3,625 sqft lot single_family.
Is 3229 Franklin St a flip candidate?
No — 3229 Franklin St does not appear in our flips dataset.
Is 3229 Franklin St a tax-appeal candidate?
Yes — 3229 Franklin St 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
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$715.9K
2026 Q4
$719.4K
ZIP 23221 — Median Price History + Forecast

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