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2411 The Terrace

Richmond, VA 23222

3 bd 3 ba 1,680 sqft Built 1921 single_family
Most recent sale
$185,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2025 Sold $442,500 CVRMLS
Nov 15, 2022 Listed $495,000 CVRMLS
May 17, 2022 Sold $185,000 MLS #VARC2000114
Apr 23, 2022 Price changed $195,000 MLS #VARC2000114
Apr 2, 2022 Listed $220,000 MLS #VARC2000114
Dec 15, 1980 Sold $22,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $352,000 $110,000 $462,000 $5,544
2024 $338,000 $105,000 $443,000 $5,316
2023 $338,000 $75,000 $413,000 $4,956
2022 $80,000 $65,000 $145,000 $1,740
2021 $76,000 $50,000 $126,000 $3,244
2020 $69,000 $50,000 $119,000 $2,246
2019 $69,000 $45,000 $114,000 $2,151
2018 $56,000 $45,000 $101,000 $1,212
2017 $90,000 $40,000 $130,000 $1,560
2016 $88,000 $27,000 $115,000 $1,380
2015 $86,000 $27,000 $113,000 $1,356
2014 $86,000 $27,000 $113,000 $2,876
2013 $86,000 $27,000 $113,000 $2,875
2011 $104,000 $27,000 $131,000 $2,658
2010 $104,000 $27,000 $131,000 $15,720
2009 $102,500 $27,000 $129,500 $1,554
2008 $102,500 $27,000 $129,500 $1,554

Property facts

Year built
1921
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,680 sqft
Lot size
ZIP code
23222
City
Richmond
Street
The Terrace
Coordinates
37.56471, -77.43812

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2411 The Terrace last sell?
2411 The Terrace most recently sold on May 17, 2022 for $185,000.
What is the current tax assessment for 2411 The Terrace?
The most recent total assessment for 2411 The Terrace (year 2025) is $462,000 with $5,544 in property tax.
How does 2411 The Terrace's assessment compare to its last sale price?
The current assessment is 149.7% above the last sale price of $185,000.
When was 2411 The Terrace built?
2411 The Terrace was built in 1921.
How does 2411 The Terrace compare to others on The Terrace?
We track 2 other properties on The Terrace. Browse the list under "Other properties on The Terrace" to compare beds, baths, and sale history.
What are the property facts for 2411 The Terrace?
2411 The Terrace is a 3 bed, 3 bath, 1,680 sqft single_family.
Is 2411 The Terrace a flip candidate?
No — 2411 The Terrace does not appear in our flips dataset.
Is 2411 The Terrace a tax-appeal candidate?
No — 2411 The Terrace 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
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$418.6K
2026 Q4
$429.2K
ZIP 23222 — Median Price History + Forecast

Explore nearby

Other properties on The Terrace