1404 Lorraine Ave
Richmond, VA 23227
4 bd 2 ba 2,067 sqft Built 1930 Lot 7,000 sqft single_family
Most recent sale
$513,600
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 17, 2023 | Sold | $621,000 | CVRMLS |
| Sep 30, 2022 | Sold | $513,600 | MLS #2225028 |
| Sep 8, 2022 | Listed | $525,000 | MLS #2225028 |
| May 31, 2022 | Sold | $285,000 | MLS #2210637 |
| Apr 25, 2022 | Listed | $235,000 | MLS #2210637 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $441,000 | $105,000 | $546,000 | $6,552 |
| 2024 | $428,000 | $90,000 | $518,000 | $6,216 |
| 2023 | $167,000 | $90,000 | $257,000 | $3,084 |
| 2022 | $145,000 | $75,000 | $220,000 | $2,640 |
| 2021 | $143,000 | $68,000 | $211,000 | $2,532 |
| 2020 | $145,000 | $65,000 | $210,000 | $2,520 |
| 2019 | $141,000 | $65,000 | $206,000 | $2,472 |
| 2018 | $134,000 | $65,000 | $199,000 | $2,388 |
| 2017 | $117,000 | $60,000 | $177,000 | $2,124 |
| 2016 | $122,000 | $55,000 | $177,000 | $2,124 |
| 2015 | $117,000 | $55,000 | $172,000 | $2,064 |
| 2014 | $116,000 | $55,000 | $171,000 | $2,052 |
| 2013 | $105,000 | $50,000 | $155,000 | $1,860 |
| 2011 | $115,000 | $48,000 | $163,000 | $1,956 |
| 2010 | $115,000 | $48,000 | $163,000 | $19,560 |
| 2009 | $114,500 | $47,500 | $162,000 | $1,944 |
| 2008 | $114,500 | $47,500 | $162,000 | $1,944 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,067 sqft
Lot size
7,000 sqft
ZIP code
23227
City
Richmond
Street
Lorraine Ave
Coordinates
37.59584, -77.45768
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,101
Gross rental yield
7.25%
Implied cap rate
4.71%
Trend-extrapolated value
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Frequently asked questions
When did 1404 Lorraine Ave last sell?
1404 Lorraine Ave most recently sold on Sep 30, 2022 for $513,600.
What is the current tax assessment for 1404 Lorraine Ave?
The most recent total assessment for 1404 Lorraine Ave (year 2025) is $546,000 with $6,552 in property tax.
How does 1404 Lorraine Ave's assessment compare to its last sale price?
The current assessment is 6.3% above the last sale price of $513,600.
When was 1404 Lorraine Ave built?
1404 Lorraine Ave was built in 1930.
How does 1404 Lorraine Ave compare to others on Lorraine Ave?
We track 8 other properties on Lorraine Ave. Browse the list under "Other properties on Lorraine Ave" to compare beds, baths, and sale history.
What are the property facts for 1404 Lorraine Ave?
1404 Lorraine Ave is a 4 bed, 2 bath, 2,067 sqft, 7,000 sqft lot single_family.
Is 1404 Lorraine Ave a flip candidate?
Yes — 1404 Lorraine Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1404 Lorraine Ave a tax-appeal candidate?
No — 1404 Lorraine Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$442.7K
2026 Q4
$446.8K
ZIP 23227 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lorraine Ave