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1507 Willis St

Richmond, VA 23224

3 bd 1 ba 970 sqft Built 1968 Lot 6,499 sqft single_family
Most recent sale
$190,000
Nov 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2022 Sold $190,000 CVRMLS
Jun 27, 2019 Sold $90,000 CVRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,000 $55,000 $193,000 $2,316
2024 $146,000 $45,000 $191,000 $2,292
2023 $106,000 $36,000 $142,000 $1,704
2022 $81,000 $36,000 $117,000 $1,404
2021 $71,000 $16,000 $87,000 $1,044
2020 $62,000 $10,000 $72,000 $864
2017 $40,000 $10,000 $50,000 $600
2015 $42,000 $10,000 $52,000 $187
2013 $47,000 $17,000 $64,000 $230
2011 $57,000 $17,000 $74,000 $577
2010 $57,000 $17,000 $74,000 $8,880
2009 $57,200 $17,000 $74,200 $623
2008 $57,200 $17,000 $74,200 $890

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
970 sqft
Lot size
6,499 sqft
ZIP code
23224
City
Richmond
Street
Willis St
Coordinates
37.49937, -77.44045

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
$1,455
Gross rental yield
9.19%
Implied cap rate
5.97%
Trend-extrapolated value

Frequently asked questions

When did 1507 Willis St last sell?
1507 Willis St most recently sold on Nov 17, 2022 for $190,000.
What is the current tax assessment for 1507 Willis St?
The most recent total assessment for 1507 Willis St (year 2025) is $193,000 with $2,316 in property tax.
How does 1507 Willis St's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $190,000.
When was 1507 Willis St built?
1507 Willis St was built in 1968.
How does 1507 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 1507 Willis St?
1507 Willis St is a 3 bed, 1 bath, 970 sqft, 6,499 sqft lot single_family.
Is 1507 Willis St a flip candidate?
No — 1507 Willis St does not appear in our flips dataset.
Is 1507 Willis St a tax-appeal candidate?
No — 1507 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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