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5505 Riverside Heights Way

Richmond, VA 23225

3 bd 3 ba 2,176 sqft Built 2016 Lot 2,465 sqft townhomes
Most recent sale
$375,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $375,000 MLS #2209312
Apr 12, 2022 Listed $355,000 MLS #2209312
Dec 1, 2017 Sold $282,000 MLS #1733868
Oct 3, 2017 Price changed $282,000 MLS #1733868
Sep 20, 2017 Listed $289,950 MLS #1733868
Jan 11, 2017 Sold $278,101 Public Record
Sep 13, 2016 Sold $303,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,000 $65,000 $375,000 $4,500
2024 $310,000 $65,000 $375,000 $4,500
2023 $290,000 $65,000 $355,000 $4,260
2022 $270,000 $65,000 $335,000 $4,020
2021 $245,000 $65,000 $310,000 $3,720
2020 $274,000 $40,000 $314,000 $3,768
2019 $242,000 $40,000 $282,000 $3,382
2018 $239,000 $40,000 $279,000 $3,348
2017 $40,000 $40,000 $480
2016 $40,000 $40,000 $480

Property facts

Year built
2016
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,176 sqft
Lot size
2,465 sqft
ZIP code
23225
City
Richmond
Street
Riverside Heights Way
Coordinates
37.52753, -77.50358

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
$3,264
Gross rental yield
10.44%
Implied cap rate
6.79%
Trend-extrapolated value

Frequently asked questions

When did 5505 Riverside Heights Way last sell?
5505 Riverside Heights Way most recently sold on May 23, 2022 for $375,000.
What is the current tax assessment for 5505 Riverside Heights Way?
The most recent total assessment for 5505 Riverside Heights Way (year 2025) is $375,000 with $4,500 in property tax.
How does 5505 Riverside Heights Way's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $375,000.
When was 5505 Riverside Heights Way built?
5505 Riverside Heights Way was built in 2016.
How does 5505 Riverside Heights Way compare to others on Riverside Heights Way?
We track 8 other properties on Riverside Heights Way. Browse the list under "Other properties on Riverside Heights Way" to compare beds, baths, and sale history.
What are the property facts for 5505 Riverside Heights Way?
5505 Riverside Heights Way is a 3 bed, 3 bath, 2,176 sqft, 2,465 sqft lot townhomes.
Is 5505 Riverside Heights Way a flip candidate?
No — 5505 Riverside Heights Way does not appear in our flips dataset.
Is 5505 Riverside Heights Way a tax-appeal candidate?
No — 5505 Riverside Heights Way 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
+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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