The property at 1213 1/2 Wallace St, Richmond, VA 23220, built in 2022, is a 2,040 square foot Single Family and has 4 bedrooms and 0 bathrooms. It is situated on a lot that is 3,311 square feet and was last tax assessed in 2025 for a valuation of $538,000
The estimate for this property has experienced a 5.43% increase in the past 6 months reaching a value of $601,131.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2020 | $488,000 +210.83% |
| 2019 | $157,000 +34.19% |
| 2018 | $117,000 +25.81% |
| 2017 | $93,000 +3.33% |
| 2016 | $90,000 +20.00% |
| 2014 | $75,000 |
| 2013 | $75,000 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Dec 2025 | $601,131 | - | - |
| Nov 2025 | $600,470 | - | - |
| Oct 2025 | $588,873 | - | - |
| Sep 2025 | $599,883 | - | - |
| Aug 2025 | $600,917 | - | - |
| Jul 2025 | $594,981 | - | - |
| Jun 2025 | $592,890 | - | - |
| May 2025 | $570,171 | - | - |
| Apr 2025 | $554,531 | - | - |
| Mar 2025 | $553,870 | - | - |
| Feb 2025 | $536,799 | - | - |
| Jan 2025 | $526,587 | - | - |
| Dec 2024 | $522,410 | - | - |
| Nov 2024 | $503,618 | - | - |
| Oct 2024 | $492,422 | - | - |
| Sep 2024 | $487,897 | - | - |
| Aug 2024 | $468,865 | - | - |
| Jul 2024 | $471,357 | - | - |
| Jun 2024 | $463,284 | - | - |
| May 2024 | $453,069 | - | - |
| Apr 2024 | $454,637 | - | - |
| Mar 2024 | $455,000 | - | - |
| Feb 2024 | $415,750 | - | - |
| Jan 2024 | $411,000 | - | - |
| Dec 2023 | $414,000 | - | - |
| Nov 2023 | $411,000 | - | - |
| Oct 2023 | $414,000 | - | - |
| Sep 2023 | $538,735 | - | - |
| Aug 2023 | $572,373 | - | - |
| Jul 2023 | $563,907 | - | - |
| Jun 2023 | $539,473 | - | - |
| May 2023 | $604,386 | - | - |
| Apr 2023 | $588,257 | - | - |
| Mar 2023 | $236,000 | - | - |
| Feb 2023 | $132,600 | - | - |
| Jan 2023 | $103,100 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 23220 - VA
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 38,347 | 234,971 | 234,946 | 335,858,263 |
| Population Density | 7,951 | 3,921 | 3,929 | 95 |
| People per Household | 2 | 2.2 | 2.2 | 2.6 |
| Median Age | 29.4 | 36 | 36 | 39.1 |
| Median Income | $59,462 | $52,717 | $52,720 | $66,222 |
| Average Income | $44,999 | $36,384 | $36,383 | $35,475 |
| Cost of Living Index | 66 | 74 | 74 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 27.6°F | 27.6°F | 27.6°F | 22.6°F |
| July Avg. High Temp | 87.5°F | 87.5°F | 87.5°F | 86.2°F |
| Annual Precipitation | 43.91" | 43.91" | 43.91" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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