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702 Nansemond St

Richmond, VA 23221

4 bd 2 ba 1,420 sqft Built 1945 Lot 7,500 sqft single_family
Most recent sale
$430,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 5, 2025 Listed for rent $2,600 TenantTurner
Mar 10, 2023 Listed for rent $2,400 AppfolioUnits
Sep 13, 2022 Sold $430,000 MLS #2221349
Jul 28, 2022 Listed $419,000 MLS #2221349
Jun 16, 2022 Listed $435,000 MLS #2215456
Jan 17, 2013 Sold $207,000 Public Record
Nov 16, 2012 Price changed $217,000 MLS #1225875
Oct 19, 2012 Listed $219,000 MLS #1225875
Jun 22, 2004 Sold $120,450 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $252,000 $165,000 $417,000 $5,004
2024 $253,000 $155,000 $408,000 $4,896
2023 $212,000 $135,000 $347,000 $4,164
2022 $181,000 $115,000 $296,000 $3,552
2021 $166,000 $115,000 $281,000 $3,372
2020 $224,000 $70,000 $294,000 $3,528
2019 $196,000 $65,000 $261,000 $3,132
2018 $162,000 $50,000 $212,000 $2,544
2017 $151,000 $50,000 $201,000 $2,412
2016 $151,000 $46,000 $197,000 $2,364
2015 $151,000 $46,000 $197,000 $2,364
2014 $151,000 $46,000 $197,000 $2,364
2013 $111,000 $46,000 $157,000 $1,884
2011 $144,000 $30,000 $174,000 $2,088
2010 $144,000 $30,000 $174,000 $20,880
2009 $144,000 $30,000 $174,000 $2,088
2008 $144,000 $30,000 $174,000 $2,088

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,420 sqft
Lot size
7,500 sqft
ZIP code
23221
City
Richmond
Street
Nansemond St
Coordinates
37.54979, -77.48980

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
$2,130
Gross rental yield
5.94%
Implied cap rate
3.86%
Trend-extrapolated value

Frequently asked questions

When did 702 Nansemond St last sell?
702 Nansemond St most recently sold on Sep 13, 2022 for $430,000.
What is the current tax assessment for 702 Nansemond St?
The most recent total assessment for 702 Nansemond St (year 2025) is $417,000 with $5,004 in property tax.
How does 702 Nansemond St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $430,000.
When was 702 Nansemond St built?
702 Nansemond St was built in 1945.
How does 702 Nansemond St compare to others on Nansemond St?
We track 8 other properties on Nansemond St. Browse the list under "Other properties on Nansemond St" to compare beds, baths, and sale history.
What are the property facts for 702 Nansemond St?
702 Nansemond St is a 4 bed, 2 bath, 1,420 sqft, 7,500 sqft lot single_family.
Is 702 Nansemond St a flip candidate?
No — 702 Nansemond St does not appear in our flips dataset.
Is 702 Nansemond St a tax-appeal candidate?
No — 702 Nansemond St 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
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$715.9K
2026 Q4
$719.4K
ZIP 23221 — Median Price History + Forecast

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