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5803 Lee Ave

Richmond, VA 23226

3 bd 2 ba 2,040 sqft Built 1954 Lot 11,360 sqft single_family
Most recent sale
$499,000
Feb 7, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 27, 2023 Listing removed Avail
Mar 25, 2023 Listed for rent $2,300 Avail
Feb 7, 2023 Sold $499,000 CVRMLS
Oct 24, 2022 Listing removed CVRMLS
Oct 17, 2022 Listed $299,900 CVRMLS
Sep 21, 2022 Sold $238,000 Public Record
Aug 16, 2022 Sold $205,000 Public Record
Jul 1, 1984 Sold $54,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $402,800 $120,800 $523,600 $4,180
2024 $382,900 $120,800 $503,700 $4,136
2023 $304,800 $109,300 $414,100 $3,519
2022 $227,500 $97,800 $325,300 $2,765
2021 $201,800 $86,300 $288,100 $2,506
2020 $175,000 $74,800 $249,800 $2,173
2019 $171,500 $74,800 $246,300 $2,142
2018 $163,300 $74,800 $238,100 $2,071
2017 $154,000 $62,100 $216,100 $1,880
2016 $154,000 $62,100 $216,100 $1,880
2015 $141,100 $62,100 $203,200 $1,767
2014 $137,600 $62,100 $199,700 $1,737
2013 $127,300 $55,200 $182,500 $1,587
2012 $127,300 $55,200 $182,500 $1,587
2010 $134,000 $55,200 $189,200 $1,700
2008 $144,000 $55,200 $199,200 $1,733
2007 $142,300 $55,200 $197,500 $1,718

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,040 sqft
Lot size
11,360 sqft
ZIP code
23226
City
Richmond
Street
Lee Ave
Coordinates
37.58646, -77.50825

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
$3,060
Gross rental yield
7.36%
Implied cap rate
4.78%
Trend-extrapolated value

Frequently asked questions

When did 5803 Lee Ave last sell?
5803 Lee Ave most recently sold on Feb 7, 2023 for $499,000.
What is the current tax assessment for 5803 Lee Ave?
The most recent total assessment for 5803 Lee Ave (year 2025) is $523,600 with $4,180 in property tax.
How does 5803 Lee Ave's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $499,000.
When was 5803 Lee Ave built?
5803 Lee Ave was built in 1954.
How does 5803 Lee Ave compare to others on Lee Ave?
We track 6 other properties on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 5803 Lee Ave?
5803 Lee Ave is a 3 bed, 2 bath, 2,040 sqft, 11,360 sqft lot single_family.
Is 5803 Lee Ave a flip candidate?
Yes — 5803 Lee Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5803 Lee Ave a tax-appeal candidate?
No — 5803 Lee 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
-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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