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6516 Franklin St

Richmond, VA 23226

3 bd 2 ba 1,428 sqft Built 1951 Lot 10,315 sqft single_family
Most recent sale
$452,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $452,000 Public Record
Aug 18, 2022 Sold $452,000 MLS #2218864
Jul 6, 2022 Listed $449,500 MLS #2218864
May 31, 2019 Sold $330,000 MLS #1909771
Mar 30, 2019 Listed $328,500 MLS #1909771
Aug 31, 2005 Sold $260,000 Public Record
Jan 11, 2001 Sold $156,500 Public Record
Jun 1, 1991 Sold $96,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $382,900 $120,000 $502,900 $4,009
2024 $368,100 $115,000 $483,100 $3,767
2023 $327,500 $100,000 $427,500 $3,633
2022 $239,900 $92,000 $331,900 $2,821
2021 $228,500 $92,000 $320,500 $2,788
2020 $222,200 $72,000 $294,200 $2,560
2019 $198,600 $68,000 $266,600 $2,319
2018 $186,400 $68,000 $254,400 $2,213
2017 $186,400 $62,000 $248,400 $2,161
2016 $181,600 $58,000 $239,600 $2,085
2015 $171,900 $58,000 $229,900 $2,000
2014 $173,300 $58,000 $231,300 $2,012
2013 $173,300 $58,000 $231,300 $2,012
2012 $173,300 $58,000 $231,300 $2,012
2010 $173,300 $58,000 $231,300 $2,012
2009 $180,100 $58,000 $238,100 $2,071
2008 $180,100 $58,000 $238,100 $2,130
2007 $182,100 $58,000 $240,100 $2,088

Property facts

Year built
1951
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,428 sqft
Lot size
10,315 sqft
ZIP code
23226
City
Richmond
Street
Franklin St
Coordinates
37.58988, -77.52222

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
$2,142
Gross rental yield
5.69%
Implied cap rate
3.70%
Trend-extrapolated value

Frequently asked questions

When did 6516 Franklin St last sell?
6516 Franklin St most recently sold on Aug 19, 2022 for $452,000.
What is the current tax assessment for 6516 Franklin St?
The most recent total assessment for 6516 Franklin St (year 2025) is $502,900 with $4,009 in property tax.
How does 6516 Franklin St's assessment compare to its last sale price?
The current assessment is 11.3% above the last sale price of $452,000.
When was 6516 Franklin St built?
6516 Franklin St was built in 1951.
How does 6516 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 6516 Franklin St?
6516 Franklin St is a 3 bed, 2 bath, 1,428 sqft, 10,315 sqft lot single_family.
Is 6516 Franklin St a flip candidate?
No — 6516 Franklin St does not appear in our flips dataset.
Is 6516 Franklin St a tax-appeal candidate?
No — 6516 Franklin 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
-6.7%
Implied 1-yr
-26.7%
2026 Q3
$493.1K
2026 Q4
$493.1K
ZIP 23226 — Median Price History + Forecast

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