3723 Patterson Ave
Richmond, VA 23221
2 bd 2 ba 832 sqft Built 1962 condos
Most recent sale
$275,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $275,000 | MLS #2215885 |
| Jun 10, 2022 | Listed | $259,000 | MLS #2215885 |
| Jan 12, 2018 | Sold | $187,500 | MLS #1740147 |
| Nov 16, 2017 | Listed | $185,000 | MLS #1740147 |
| Oct 30, 1995 | Sold | $73,000 | Public Record |
| Jul 1, 1994 | Sold | $69,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $228,000 | $45,000 | $273,000 | $3,276 |
| 2024 | $228,000 | $45,000 | $273,000 | $3,276 |
| 2023 | $215,000 | $45,000 | $260,000 | $3,120 |
| 2022 | $188,000 | $45,000 | $233,000 | $2,796 |
| 2021 | $173,000 | $45,000 | $218,000 | $2,616 |
| 2020 | $151,000 | $40,000 | $191,000 | $2,292 |
| 2019 | $142,000 | $35,000 | $177,000 | $2,124 |
| 2018 | $122,000 | $35,000 | $157,000 | $1,884 |
| 2017 | $113,000 | $35,000 | $148,000 | $1,776 |
| 2016 | $110,000 | $35,000 | $145,000 | $1,740 |
| 2015 | $110,000 | $35,000 | $145,000 | $1,740 |
| 2014 | $110,000 | $35,000 | $145,000 | $1,740 |
| 2013 | $110,000 | $35,000 | $145,000 | $1,740 |
| 2011 | $125,000 | $35,000 | $160,000 | $1,920 |
| 2010 | $125,000 | $35,000 | $160,000 | $19,200 |
| 2009 | $135,000 | $35,000 | $170,000 | $2,040 |
| 2008 | $144,000 | $35,000 | $179,000 | $2,148 |
Property facts
Year built
1962
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
832 sqft
Lot size
—
ZIP code
23221
City
Richmond
Street
Patterson Ave
Coordinates
37.56222, -77.48727
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,248
Gross rental yield
5.45%
Implied cap rate
3.54%
Trend-extrapolated value
—
Frequently asked questions
When did 3723 Patterson Ave last sell?
3723 Patterson Ave most recently sold on Jul 18, 2022 for $275,000.
What is the current tax assessment for 3723 Patterson Ave?
The most recent total assessment for 3723 Patterson Ave (year 2025) is $273,000 with $3,276 in property tax.
How does 3723 Patterson Ave's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $275,000.
When was 3723 Patterson Ave built?
3723 Patterson Ave was built in 1962.
How does 3723 Patterson Ave compare to others on Patterson Ave?
We track 8 other properties on Patterson Ave. Browse the list under "Other properties on Patterson Ave" to compare beds, baths, and sale history.
What are the property facts for 3723 Patterson Ave?
3723 Patterson Ave is a 2 bed, 2 bath, 832 sqft condos.
Is 3723 Patterson Ave a flip candidate?
No — 3723 Patterson Ave does not appear in our flips dataset.
Is 3723 Patterson Ave a tax-appeal candidate?
No — 3723 Patterson 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
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$715.9K
2026 Q4
$719.4K
ZIP 23221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Patterson Ave