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1505 Willis St

Richmond, VA 23224

3 bd 3 ba 1,344 sqft Built 1970 Lot 6,500 sqft single_family
Most recent sale
$230,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $230,000 MLS #2215443
Jun 14, 2022 Listed $200,000 MLS #2215443
Aug 22, 2019 Sold $64,950 MLS #1924180
Jul 21, 2019 Listed $64,950 MLS #1924180
Oct 1, 2009 Sold $49,000 Public Record
Aug 23, 2009 Listing removed $53,000 CVRMLS
Dec 12, 2008 Listed $53,000 MLS #2840929
Sep 29, 2006 Sold $95,000 Public Record
Jun 17, 1991 Sold $50,000 Public Record
Aug 14, 1975 Sold $27,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $208,000 $55,000 $263,000 $3,156
2024 $220,000 $45,000 $265,000 $3,180
2023 $193,000 $36,000 $229,000 $2,748
2022 $79,000 $36,000 $115,000 $1,380
2021 $68,000 $16,000 $84,000 $1,008
2020 $65,000 $10,000 $75,000 $900
2019 $54,000 $10,000 $64,000 $768
2018 $51,000 $10,000 $61,000 $732
2017 $51,000 $10,000 $61,000 $732
2016 $51,000 $10,000 $61,000 $732
2015 $51,000 $10,000 $61,000 $732
2014 $51,000 $10,000 $61,000 $732
2013 $63,000 $17,000 $80,000 $960
2011 $76,000 $17,000 $93,000 $1,116
2010 $76,000 $17,000 $93,000 $11,160
2009 $76,300 $17,000 $93,300 $1,120
2008 $76,300 $17,000 $93,300 $1,119

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,344 sqft
Lot size
6,500 sqft
ZIP code
23224
City
Richmond
Street
Willis St
Coordinates
37.49950, -77.44046

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
$2,016
Gross rental yield
10.52%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 1505 Willis St last sell?
1505 Willis St most recently sold on Jul 29, 2022 for $230,000.
What is the current tax assessment for 1505 Willis St?
The most recent total assessment for 1505 Willis St (year 2025) is $263,000 with $3,156 in property tax.
How does 1505 Willis St's assessment compare to its last sale price?
The current assessment is 14.3% above the last sale price of $230,000.
When was 1505 Willis St built?
1505 Willis St was built in 1970.
How does 1505 Willis St compare to others on Willis St?
We track 8 other properties on Willis St. Browse the list under "Other properties on Willis St" to compare beds, baths, and sale history.
What are the property facts for 1505 Willis St?
1505 Willis St is a 3 bed, 3 bath, 1,344 sqft, 6,500 sqft lot single_family.
Is 1505 Willis St a flip candidate?
No — 1505 Willis St does not appear in our flips dataset.
Is 1505 Willis St a tax-appeal candidate?
No — 1505 Willis St 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
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$334.7K
2026 Q4
$340.1K
ZIP 23224 — Median Price History + Forecast

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