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3500 Hermitage Rd

Richmond, VA 23227

3 bd 3 ba 2,255 sqft Built 1950 Lot 14,000 sqft single_family
Most recent sale
$505,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 13, 2025 Listing removed $3,900 CVRMLS
Jul 13, 2022 Sold $505,000 MLS #2214888
May 31, 2022 Listed $505,000 MLS #2214888
Jan 11, 2022 Listed for rent $3,900 CVRMLS
Oct 29, 2020 Relisted $3,900 MLS #2029557
May 31, 2018 Relisted $3,300 MLS #1737746
May 22, 2018 Price changed $3,300 MLS #1737746
Oct 24, 2017 Listed for rent $3,150 CVRMLS
Nov 9, 2015 Listing removed $1,500 AppfolioUnits
Nov 8, 2015 Listed for rent $1,500 AppfolioUnits

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $369,000 $115,000 $484,000 $5,808
2024 $355,000 $100,000 $455,000 $5,460
2023 $355,000 $100,000 $455,000 $5,460
2022 $299,000 $80,000 $379,000 $4,548
2021 $295,000 $65,000 $360,000 $4,320
2020 $291,000 $65,000 $356,000 $4,272
2019 $265,000 $65,000 $330,000 $3,960
2018 $260,000 $65,000 $325,000 $3,900
2017 $257,000 $65,000 $322,000 $3,864
2016 $246,000 $65,000 $311,000 $3,732
2015 $230,000 $51,000 $281,000 $3,372
2014 $219,000 $51,000 $270,000 $3,240
2013 $219,000 $51,000 $270,000 $3,240
2011 $243,000 $51,000 $294,000 $3,528
2010 $243,000 $51,000 $294,000 $35,280
2009 $243,000 $51,000 $294,000 $3,528
2008 $192,000 $51,000 $243,000 $2,916

Property facts

Year built
1950
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,255 sqft
Lot size
14,000 sqft
ZIP code
23227
City
Richmond
Street
Hermitage Rd
Coordinates
37.57935, -77.46218

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,383
Gross rental yield
8.04%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 3500 Hermitage Rd last sell?
3500 Hermitage Rd most recently sold on Jul 13, 2022 for $505,000.
What is the current tax assessment for 3500 Hermitage Rd?
The most recent total assessment for 3500 Hermitage Rd (year 2025) is $484,000 with $5,808 in property tax.
How does 3500 Hermitage Rd's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $505,000.
When was 3500 Hermitage Rd built?
3500 Hermitage Rd was built in 1950.
How does 3500 Hermitage Rd compare to others on Hermitage Rd?
We track 8 other properties on Hermitage Rd. Browse the list under "Other properties on Hermitage Rd" to compare beds, baths, and sale history.
What are the property facts for 3500 Hermitage Rd?
3500 Hermitage Rd is a 3 bed, 3 bath, 2,255 sqft, 14,000 sqft lot single_family.
Is 3500 Hermitage Rd a flip candidate?
No — 3500 Hermitage Rd does not appear in our flips dataset.
Is 3500 Hermitage Rd a tax-appeal candidate?
No — 3500 Hermitage Rd 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
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$442.7K
2026 Q4
$446.8K
ZIP 23227 — Median Price History + Forecast

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