3516 Richmond Rd
Richmond, VA 23223
2 bd 1 ba 760 sqft Built 1966 Lot 741 sqft condos
Most recent sale
$79,500
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 28, 2025 | Listed for rent | $1,290 | RentEngine |
| Jun 11, 2025 | Price changed for rent | $1,290 | TenantTurner |
| May 6, 2025 | Listed for rent | $1,320 | TenantTurner |
| Jul 2, 2024 | Price changed for rent | $1,295 | TenantTurner |
| Jun 16, 2024 | Price changed for rent | $1,230 | TenantTurner |
| Jun 15, 2024 | Listed for rent | $1,295 | TenantTurner |
| Dec 2, 2023 | Price changed for rent | $1,200 | TenantTurner |
| Oct 7, 2023 | Price changed for rent | $1,245 | TenantTurner |
| Sep 30, 2023 | Listed for rent | $1,295 | TenantTurner |
| May 9, 2022 | Sold | $79,500 | MLS #2200882 |
| Apr 21, 2022 | Listed | $74,900 | MLS #2200882 |
| May 14, 2018 | Sold | $50,000 | MLS #1810700 |
| Mar 28, 2018 | Listed | $52,000 | MLS #1810700 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $88,000 | $14,000 | $102,000 | $1,224 |
| 2024 | $76,000 | $14,000 | $90,000 | $1,080 |
| 2023 | $63,000 | $14,000 | $77,000 | $924 |
| 2022 | $54,000 | $14,000 | $68,000 | $816 |
| 2021 | $44,000 | $14,000 | $58,000 | $696 |
| 2020 | $43,000 | $12,000 | $55,000 | $660 |
| 2019 | $43,000 | $15,000 | $58,000 | $348 |
| 2018 | $43,000 | $15,000 | $58,000 | $696 |
| 2017 | $58,000 | $15,000 | $73,000 | $876 |
| 2016 | $58,000 | $15,000 | $73,000 | $771 |
| 2015 | $59,000 | $15,000 | $74,000 | $679 |
| 2014 | $59,000 | $15,000 | $74,000 | $574 |
| 2013 | $59,000 | $15,000 | $74,000 | $470 |
| 2011 | $74,000 | $18,000 | $92,000 | $686 |
| 2010 | $74,000 | $18,000 | $92,000 | $11,040 |
| 2009 | $74,000 | $18,000 | $92,000 | $686 |
| 2008 | $65,000 | $15,000 | $80,000 | $960 |
Property facts
Year built
1966
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
760 sqft
Lot size
741 sqft
ZIP code
23223
City
Richmond
Street
Richmond Rd
Coordinates
37.53166, -77.39504
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
$477
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3516 Richmond Rd last sell?
3516 Richmond Rd most recently sold on May 9, 2022 for $79,500.
What is the current tax assessment for 3516 Richmond Rd?
The most recent total assessment for 3516 Richmond Rd (year 2025) is $102,000 with $1,224 in property tax.
How does 3516 Richmond Rd's assessment compare to its last sale price?
The current assessment is 28.3% above the last sale price of $79,500.
When was 3516 Richmond Rd built?
3516 Richmond Rd was built in 1966.
How does 3516 Richmond Rd compare to others on Richmond Rd?
We track 8 other properties on Richmond Rd. Browse the list under "Other properties on Richmond Rd" to compare beds, baths, and sale history.
What are the property facts for 3516 Richmond Rd?
3516 Richmond Rd is a 2 bed, 1 bath, 760 sqft, 741 sqft lot condos.
Is 3516 Richmond Rd a flip candidate?
No — 3516 Richmond Rd does not appear in our flips dataset.
Is 3516 Richmond Rd a tax-appeal candidate?
Yes — 3516 Richmond Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$459.3K
2026 Q4
$477.4K
ZIP 23223 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Richmond Rd