1507 Nelson St
Richmond, VA 23231
3 bd 3 ba 1,453 sqft Built 2022 Lot 3,960 sqft single_family
Most recent sale
$340,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $340,000 | MLS #2222744 |
| Aug 19, 2022 | Listed | $339,950 | MLS #2222744 |
| Dec 17, 2021 | Sold | $200,000 | Public Record |
| Aug 25, 2021 | Price changed | $65,000 | MLS #2122428 |
| Aug 3, 2021 | Price changed | $70,000 | MLS #2122428 |
| Jul 21, 2021 | Listed | $75,000 | MLS #2122428 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $306,000 | $55,000 | $361,000 | $4,332 |
| 2024 | $294,000 | $50,000 | $344,000 | $4,128 |
| 2023 | $269,000 | $40,000 | $309,000 | $3,708 |
| 2022 | — | $30,000 | $30,000 | $360 |
| 2021 | — | $20,000 | $20,000 | $240 |
| 2020 | — | $18,000 | $18,000 | $216 |
| 2019 | — | $18,000 | $18,000 | $216 |
| 2018 | — | $18,000 | $18,000 | $216 |
| 2017 | — | $15,000 | $15,000 | $180 |
| 2016 | — | $15,000 | $15,000 | $180 |
| 2015 | — | $15,000 | $15,000 | $180 |
| 2014 | — | $15,000 | $15,000 | $180 |
| 2013 | — | $15,000 | $15,000 | $180 |
| 2011 | — | $19,000 | $19,000 | $228 |
| 2010 | — | $19,000 | $19,000 | $2,280 |
| 2009 | — | $19,000 | $19,000 | $228 |
| 2008 | — | $19,000 | $19,000 | $228 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,453 sqft
Lot size
3,960 sqft
ZIP code
23231
City
Richmond
Street
Nelson St
Coordinates
37.51271, -77.39802
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
$2,180
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value
—
Frequently asked questions
When did 1507 Nelson St last sell?
1507 Nelson St most recently sold on Sep 23, 2022 for $340,000.
What is the current tax assessment for 1507 Nelson St?
The most recent total assessment for 1507 Nelson St (year 2025) is $361,000 with $4,332 in property tax.
How does 1507 Nelson St's assessment compare to its last sale price?
The current assessment is 6.2% above the last sale price of $340,000.
When was 1507 Nelson St built?
1507 Nelson St was built in 2022.
How does 1507 Nelson St compare to others on Nelson St?
We track 8 other properties on Nelson St. Browse the list under "Other properties on Nelson St" to compare beds, baths, and sale history.
What are the property facts for 1507 Nelson St?
1507 Nelson St is a 3 bed, 3 bath, 1,453 sqft, 3,960 sqft lot single_family.
Is 1507 Nelson St a flip candidate?
Yes — 1507 Nelson St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1507 Nelson St a tax-appeal candidate?
No — 1507 Nelson St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.4K
2026 Q4
$404.6K
ZIP 23231 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Nelson St