5948 Shallow Way
Richmond, VA 23224
4 bd 2 ba 1,764 sqft Built 1986 Lot 9,897 sqft single_family
Most recent sale
$240,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $240,000 | MLS #2219956 |
| Jul 20, 2022 | Listed | $229,900 | MLS #2219956 |
| Jul 11, 2013 | Sold | $38,000 | Public Record |
| Jun 6, 2013 | Listed | $59,950 | MLS #1314953 |
| Apr 26, 2007 | Sold | $169,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $200,000 | $53,000 | $253,000 | $3,036 |
| 2024 | $201,000 | $48,000 | $249,000 | $2,988 |
| 2023 | $181,000 | $40,000 | $221,000 | $2,652 |
| 2022 | $158,000 | $40,000 | $198,000 | $2,376 |
| 2021 | $133,000 | $30,000 | $163,000 | $4,197 |
| 2020 | $111,000 | $25,000 | $136,000 | $2,567 |
| 2019 | $99,000 | $25,000 | $124,000 | $1,485 |
| 2018 | $81,000 | $25,000 | $106,000 | $1,272 |
| 2017 | $82,000 | $20,000 | $102,000 | $1,224 |
| 2016 | $74,000 | $20,000 | $94,000 | $1,128 |
| 2015 | $74,000 | $20,000 | $94,000 | $1,128 |
| 2014 | $104,000 | $20,000 | $124,000 | $1,488 |
| 2011 | $134,000 | $28,000 | $162,000 | $1,944 |
| 2010 | $134,000 | $28,000 | $162,000 | $19,440 |
| 2009 | $133,700 | $28,000 | $161,700 | $1,940 |
| 2008 | $133,700 | $28,000 | $161,700 | $1,940 |
Property facts
Year built
1986
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,764 sqft
Lot size
9,897 sqft
ZIP code
23224
City
Richmond
Street
Shallow Way
Coordinates
37.49960, -77.50579
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,646
Gross rental yield
13.23%
Implied cap rate
8.60%
Trend-extrapolated value
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Frequently asked questions
When did 5948 Shallow Way last sell?
5948 Shallow Way most recently sold on Sep 16, 2022 for $240,000.
What is the current tax assessment for 5948 Shallow Way?
The most recent total assessment for 5948 Shallow Way (year 2025) is $253,000 with $3,036 in property tax.
How does 5948 Shallow Way's assessment compare to its last sale price?
The current assessment is 5.4% above the last sale price of $240,000.
When was 5948 Shallow Way built?
5948 Shallow Way was built in 1986.
How does 5948 Shallow Way compare to others on Shallow Way?
We track 2 other properties on Shallow Way. Browse the list under "Other properties on Shallow Way" to compare beds, baths, and sale history.
What are the property facts for 5948 Shallow Way?
5948 Shallow Way is a 4 bed, 2 bath, 1,764 sqft, 9,897 sqft lot single_family.
Is 5948 Shallow Way a flip candidate?
No — 5948 Shallow Way does not appear in our flips dataset.
Is 5948 Shallow Way a tax-appeal candidate?
No — 5948 Shallow Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$334.7K
2026 Q4
$340.1K
ZIP 23224 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shallow Way