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1541 Tree Ridge Rd

Richmond, VA 23231

4 bd 3 ba 2,406 sqft Built 1992 Lot 12,284 sqft single_family
Most recent sale
$347,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 29, 2024 Sold $373,000 CVRMLS
Oct 31, 2023 Listed $375,000 CVRMLS
Jun 2, 2022 Sold $347,000 Public Record
Jun 1, 2022 Sold $347,000 MLS #2209732
Apr 22, 2022 Listed $320,000 MLS #2209732
Apr 14, 2022 Listed $320,000 MLS #2209704
Oct 11, 2018 Sold $225,000 Public Record
Aug 18, 2018 Listed $225,000 MLS #1829943
Jul 31, 2013 Sold $158,000 Public Record
Jul 29, 2013 Sold $158,000 CVRMLS
Mar 12, 2013 Listed $149,900 MLS #1306565
Jan 16, 2013 Listing removed $113,900 CVRMLS
Dec 29, 2012 Price changed $113,900 MLS #1227835
Dec 12, 2012 Price changed $119,900 MLS #1227835
Nov 16, 2012 Listed $124,900 MLS #1227835
Mar 2, 2005 Sold $144,950 Public Record
Oct 25, 2004 Sold $144,950 Public Record
Jul 1, 2000 Sold $143,000 Public Record
Aug 1, 1992 Sold $106,225 Public Record
May 1, 1992 Sold $24,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $303,300 $65,000 $368,300 $3,023
2024 $303,300 $61,000 $364,300 $3,074
2023 $286,800 $52,000 $338,800 $2,879
2022 $183,500 $48,000 $231,500 $1,967
2021 $171,100 $46,000 $217,100 $1,888
2020 $167,500 $46,000 $213,500 $1,857
2019 $163,400 $46,000 $209,400 $1,821
2018 $155,900 $46,000 $201,900 $1,756
2017 $138,000 $46,000 $184,000 $1,600
2016 $121,900 $42,000 $163,900 $1,425
2015 $113,000 $42,000 $155,000 $1,348
2014 $113,000 $42,000 $155,000 $1,348
2013 $121,900 $42,000 $163,900 $1,425
2012 $121,900 $42,000 $163,900 $1,425
2010 $146,100 $42,000 $188,100 $1,636
2009 $158,800 $42,000 $200,800 $1,747
2008 $166,000 $42,000 $208,000 $1,809
2007 $160,700 $40,000 $200,700 $1,746

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,406 sqft
Lot size
12,284 sqft
ZIP code
23231
City
Richmond
Street
Tree Ridge Rd
Coordinates
37.46708, -77.38917

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,609
Gross rental yield
12.48%
Implied cap rate
8.11%
Trend-extrapolated value

Frequently asked questions

When did 1541 Tree Ridge Rd last sell?
1541 Tree Ridge Rd most recently sold on Jun 2, 2022 for $347,000.
What is the current tax assessment for 1541 Tree Ridge Rd?
The most recent total assessment for 1541 Tree Ridge Rd (year 2025) is $368,300 with $3,023 in property tax.
How does 1541 Tree Ridge Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $347,000.
When was 1541 Tree Ridge Rd built?
1541 Tree Ridge Rd was built in 1992.
How does 1541 Tree Ridge Rd compare to others on Tree Ridge Rd?
We track 2 other properties on Tree Ridge Rd. Browse the list under "Other properties on Tree Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 1541 Tree Ridge Rd?
1541 Tree Ridge Rd is a 4 bed, 3 bath, 2,406 sqft, 12,284 sqft lot single_family.
Is 1541 Tree Ridge Rd a flip candidate?
No — 1541 Tree Ridge Rd does not appear in our flips dataset.
Is 1541 Tree Ridge Rd a tax-appeal candidate?
No — 1541 Tree Ridge Rd 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
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.4K
2026 Q4
$404.6K
ZIP 23231 — Median Price History + Forecast

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