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1232 Westminster Ave

Richmond, VA 23227

3 bd 2 ba 1,974 sqft Built 1938 Lot 6,800 sqft single_family
Most recent sale
$465,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 14, 2024 Sold $534,950 CVRMLS
Oct 4, 2022 Sold $465,000 MLS #2225147
Sep 13, 2022 Listed $450,000 MLS #2225147
Jul 1, 1996 Sold $91,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $349,000 $105,000 $454,000 $5,448
2024 $342,000 $90,000 $432,000 $5,184
2023 $342,000 $90,000 $432,000 $5,184
2022 $200,000 $75,000 $275,000 $3,300
2021 $192,000 $68,000 $260,000 $3,120
2020 $190,000 $65,000 $255,000 $3,060
2019 $189,000 $65,000 $254,000 $3,048
2018 $178,000 $65,000 $243,000 $2,916
2017 $173,000 $60,000 $233,000 $2,796
2016 $160,000 $55,000 $215,000 $2,580
2015 $154,000 $55,000 $209,000 $2,508
2014 $151,000 $55,000 $206,000 $2,472
2013 $172,000 $50,000 $222,000 $2,664
2011 $185,000 $48,000 $233,000 $2,796
2010 $185,000 $48,000 $233,000 $27,960
2009 $185,000 $47,500 $232,500 $2,790
2008 $185,000 $47,500 $232,500 $2,790

Property facts

Year built
1938
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,974 sqft
Lot size
6,800 sqft
ZIP code
23227
City
Richmond
Street
Westminster Ave
Coordinates
37.59406, -77.45600

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
$2,961
Gross rental yield
7.64%
Implied cap rate
4.97%
Trend-extrapolated value

Frequently asked questions

When did 1232 Westminster Ave last sell?
1232 Westminster Ave most recently sold on Oct 4, 2022 for $465,000.
What is the current tax assessment for 1232 Westminster Ave?
The most recent total assessment for 1232 Westminster Ave (year 2025) is $454,000 with $5,448 in property tax.
How does 1232 Westminster Ave's assessment compare to its last sale price?
The current assessment is 2.4% below the last sale price of $465,000.
When was 1232 Westminster Ave built?
1232 Westminster Ave was built in 1938.
How does 1232 Westminster Ave compare to others on Westminster Ave?
We track 8 other properties on Westminster Ave. Browse the list under "Other properties on Westminster Ave" to compare beds, baths, and sale history.
What are the property facts for 1232 Westminster Ave?
1232 Westminster Ave is a 3 bed, 2 bath, 1,974 sqft, 6,800 sqft lot single_family.
Is 1232 Westminster Ave a flip candidate?
No — 1232 Westminster Ave does not appear in our flips dataset.
Is 1232 Westminster Ave a tax-appeal candidate?
No — 1232 Westminster Ave 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
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$442.7K
2026 Q4
$446.8K
ZIP 23227 — Median Price History + Forecast

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