1602 Grace St
Richmond, VA 23220
4 bd 4 ba 3,650 sqft Built 1910 Lot 3,920 sqft townhomes
Most recent sale
$755,000
Sep 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 21, 2022 | Sold | $755,000 | MLS #2222523 |
| Aug 11, 2022 | Listed | $775,000 | MLS #2222523 |
| Jul 26, 2022 | Price changed | $775,000 | MLS #2214361 |
| Jun 30, 2022 | Price changed | $825,000 | MLS #2214361 |
| May 31, 2022 | Listed | $875,000 | MLS #2214361 |
| May 15, 2020 | Sold | $695,000 | MLS #2007739 |
| Jul 22, 2019 | Listed | $749,950 | MLS #1923393 |
| Apr 25, 2008 | Sold | $470,000 | Public Record |
| Apr 10, 2000 | Sold | $255,000 | Public Record |
| Feb 18, 1998 | Sold | $255,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $631,000 | $260,000 | $891,000 | $10,692 |
| 2024 | $592,000 | $240,000 | $832,000 | $9,984 |
| 2023 | $577,000 | $220,000 | $797,000 | $9,564 |
| 2022 | $519,000 | $165,000 | $684,000 | $8,208 |
| 2021 | $515,000 | $155,000 | $670,000 | $8,040 |
| 2020 | $431,000 | $150,000 | $581,000 | $6,972 |
| 2019 | $406,000 | $150,000 | $556,000 | $6,672 |
| 2018 | $385,000 | $135,000 | $520,000 | $6,240 |
| 2017 | $372,000 | $120,000 | $492,000 | $5,904 |
| 2016 | $358,000 | $120,000 | $478,000 | $5,736 |
| 2015 | $339,000 | $120,000 | $459,000 | $5,508 |
| 2014 | $312,000 | $120,000 | $432,000 | $5,184 |
| 2013 | $312,000 | $118,000 | $430,000 | $5,160 |
| 2011 | $328,000 | $118,000 | $446,000 | $5,352 |
| 2010 | $328,000 | $118,000 | $446,000 | $53,520 |
| 2009 | $341,700 | $117,600 | $459,300 | $5,512 |
| 2008 | $419,800 | $88,000 | $507,800 | $6,093 |
Property facts
Year built
1910
Property type
townhomes
Stories
2
Beds
4
Baths
4
Living area
3,650 sqft
Lot size
3,920 sqft
ZIP code
23220
City
Richmond
Street
Grace St
Coordinates
37.55366, -77.45688
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,475
Gross rental yield
8.70%
Implied cap rate
5.66%
Trend-extrapolated value
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Frequently asked questions
When did 1602 Grace St last sell?
1602 Grace St most recently sold on Sep 21, 2022 for $755,000.
What is the current tax assessment for 1602 Grace St?
The most recent total assessment for 1602 Grace St (year 2025) is $891,000 with $10,692 in property tax.
How does 1602 Grace St's assessment compare to its last sale price?
The current assessment is 18.0% above the last sale price of $755,000.
When was 1602 Grace St built?
1602 Grace St was built in 1910.
How does 1602 Grace St compare to others on Grace St?
We track 8 other properties on Grace St. Browse the list under "Other properties on Grace St" to compare beds, baths, and sale history.
What are the property facts for 1602 Grace St?
1602 Grace St is a 4 bed, 4 bath, 3,650 sqft, 3,920 sqft lot townhomes.
Is 1602 Grace St a flip candidate?
No — 1602 Grace St does not appear in our flips dataset.
Is 1602 Grace St a tax-appeal candidate?
Yes — 1602 Grace 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 valuationQuarterly trend
+5.2%
Implied 1-yr
+20.6%
2026 Q3
$993K
2026 Q4
$1.03M
ZIP 23220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grace St