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311 Lake Ave

Richmond, VA 23223

3 bd 2 ba 1,092 sqft Built 1981 Lot 522,720 sqft single_family
Most recent sale
$235,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $235,000 MLS #2224574
Sep 2, 2022 Listed $235,000 MLS #2224574
Aug 16, 2012 Sold $103,300 Public Record
May 15, 2012 Listed $103,950 MLS #1212850
Aug 16, 2011 Price changed $103,000 MLS #1114483
Jun 21, 2011 Price changed $108,000 MLS #1114483
Jun 13, 2011 Price changed $114,950 MLS #1114483
May 16, 2011 Listed $119,950 MLS #1114483
Sep 13, 2002 Sold $96,000 Public Record
Jul 1, 1990 Sold $91,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,500 $39,900 $264,400 $2,110
2024 $211,400 $39,900 $251,300 $1,953
2023 $172,300 $31,500 $203,800 $1,752
2022 $124,500 $31,500 $156,000 $1,341
2021 $111,100 $27,800 $138,900 $1,222
2020 $105,400 $25,200 $130,600 $1,149
2019 $97,600 $22,600 $120,200 $1,058
2018 $98,700 $22,600 $121,300 $1,067
2017 $87,400 $22,600 $110,000 $968
2016 $79,400 $22,600 $102,000 $898
2015 $72,600 $26,800 $99,400 $875
2014 $72,600 $26,800 $99,400 $875
2013 $76,800 $29,900 $106,700 $939
2012 $90,400 $29,900 $120,300 $1,059
2010 $100,400 $29,900 $130,300 $1,134
2009 $104,400 $29,900 $134,300 $1,168
2008 $104,400 $29,900 $134,300 $1,168
2007 $104,400 $29,900 $134,300 $1,168

Property facts

Year built
1981
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,092 sqft
Lot size
522,720 sqft
ZIP code
23223
City
Richmond
Street
Lake Ave
Coordinates
37.54614, -77.33713

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
$1,638
Gross rental yield
8.36%
Implied cap rate
5.44%
Trend-extrapolated value

Frequently asked questions

When did 311 Lake Ave last sell?
311 Lake Ave most recently sold on Sep 30, 2022 for $235,000.
What is the current tax assessment for 311 Lake Ave?
The most recent total assessment for 311 Lake Ave (year 2025) is $264,400 with $2,110 in property tax.
How does 311 Lake Ave's assessment compare to its last sale price?
The current assessment is 12.5% above the last sale price of $235,000.
When was 311 Lake Ave built?
311 Lake Ave was built in 1981.
How does 311 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 311 Lake Ave?
311 Lake Ave is a 3 bed, 2 bath, 1,092 sqft, 522,720 sqft lot single_family.
Is 311 Lake Ave a flip candidate?
No — 311 Lake Ave does not appear in our flips dataset.
Is 311 Lake Ave a tax-appeal candidate?
No — 311 Lake Ave 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
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$459.3K
2026 Q4
$477.4K
ZIP 23223 — Median Price History + Forecast

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