506 Republic Dr
Richmond, VA 23225
3 bd 2 ba 1,442 sqft Built 1972 Lot 12,375 sqft single_family
Most recent sale
$290,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $290,000 | MLS #2210934 |
| Jun 30, 2022 | Relisted | $299,900 | MLS #2210934 |
| May 26, 2022 | Price changed | $299,900 | MLS #2210934 |
| May 15, 2022 | Price changed | $314,900 | MLS #2210934 |
| Apr 29, 2022 | Listed | $324,900 | MLS #2210934 |
| Jul 5, 2017 | Sold | $80,000 | MLS #1626158 |
| Sep 12, 2016 | Sold | $80,000 | Public Record |
| Aug 1, 2016 | Listed | $70,000 | MLS #1626158 |
| Nov 4, 2009 | Sold | $115,000 | Public Record |
| Sep 17, 2009 | Listing removed | $115,000 | CVRMLS |
| Sep 4, 2009 | Relisted | $115,000 | MLS #2920436 |
| Aug 14, 2009 | Listing removed | $124,950 | CVRMLS |
| Jun 27, 2009 | Listed | $124,950 | MLS #2920436 |
| Jun 2, 1987 | Sold | $55,200 | Public Record |
| Dec 12, 1986 | Sold | $60,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $246,000 | $44,000 | $290,000 | $3,480 |
| 2024 | $229,000 | $44,000 | $273,000 | $3,276 |
| 2023 | $229,000 | $37,000 | $266,000 | $3,192 |
| 2022 | $135,000 | $34,000 | $169,000 | $2,028 |
| 2021 | $124,000 | $25,000 | $149,000 | $3,836 |
| 2020 | $122,000 | $25,000 | $147,000 | $1,764 |
| 2019 | $111,000 | $25,000 | $136,000 | $2,567 |
| 2018 | $95,000 | $25,000 | $120,000 | $1,440 |
| 2017 | $87,000 | $25,000 | $112,000 | $1,344 |
| 2016 | $87,000 | $25,000 | $112,000 | $1,344 |
| 2015 | $98,000 | $25,000 | $123,000 | $1,476 |
| 2014 | $98,000 | $25,000 | $123,000 | $1,476 |
| 2013 | $98,000 | $25,000 | $123,000 | $1,476 |
| 2011 | $121,000 | $25,000 | $146,000 | $1,752 |
| 2010 | $121,000 | $25,000 | $146,000 | $17,520 |
| 2009 | $127,100 | $25,000 | $152,100 | $1,825 |
| 2008 | $127,100 | $25,000 | $152,100 | $1,825 |
Property facts
Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,442 sqft
Lot size
12,375 sqft
ZIP code
23225
City
Richmond
Street
Republic Dr
Coordinates
37.50942, -77.51524
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,163
Gross rental yield
8.95%
Implied cap rate
5.82%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Republic Dr last sell?
506 Republic Dr most recently sold on Aug 3, 2022 for $290,000.
What is the current tax assessment for 506 Republic Dr?
The most recent total assessment for 506 Republic Dr (year 2025) is $290,000 with $3,480 in property tax.
How does 506 Republic Dr's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $290,000.
When was 506 Republic Dr built?
506 Republic Dr was built in 1972.
How does 506 Republic Dr compare to others on Republic Dr?
We do not currently track other properties on Republic Dr.
What are the property facts for 506 Republic Dr?
506 Republic Dr is a 3 bed, 2 bath, 1,442 sqft, 12,375 sqft lot single_family.
Is 506 Republic Dr a flip candidate?
No — 506 Republic Dr does not appear in our flips dataset.
Is 506 Republic Dr a tax-appeal candidate?
No — 506 Republic Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$589.7K
2026 Q4
$589.7K
ZIP 23225 — Median Price History + Forecast
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Geography