The property at 1507 Wilmington Avenue, Richmond, VA 23227, built in 1927, is a 2,727 square foot Single Family and has 4 bedrooms and 1 bathrooms. It is situated on a lot that is 22,464 square feet and was last tax assessed in 2025 for a valuation of $794,000
The estimate for this property has experienced a 8.02% increase in the past 6 months reaching a value of $889,532.
- Parcel NumberN-000-1618-004
- Sold Date06/04/2021
- Sold Price$545,000
- CountyRICHMOND CITY
- Stories2
- Home Assessment$401,000
- Land Assessment$220,000
- Total Assessment$621,000
- Assessment Year2024
- Tax Year2023
- Tax Amount$7,452
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2020 | $621,000 +91.67% |
| 2018 | $324,000 +4.18% |
| 2017 | $311,000 +17.80% |
| 2016 | $264,000 +2.33% |
| 2015 | $258,000 -1.53% |
| 2013 | $262,000 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Dec 2025 | $889,532 | - | - |
| Nov 2025 | $875,033 | - | - |
| Oct 2025 | $889,297 | - | - |
| Sep 2025 | $866,493 | - | - |
| Aug 2025 | $878,817 | - | - |
| Jul 2025 | $860,077 | - | - |
| Jun 2025 | $860,228 | - | - |
| May 2025 | $823,523 | - | - |
| Apr 2025 | $816,780 | - | - |
| Mar 2025 | $771,311 | - | - |
| Feb 2025 | $765,415 | - | - |
| Jan 2025 | $724,918 | - | - |
| Dec 2024 | $733,207 | - | - |
| Nov 2024 | $713,351 | - | - |
| Oct 2024 | $703,317 | - | - |
| Sep 2024 | $702,928 | - | - |
| Aug 2024 | $693,330 | - | - |
| Jul 2024 | $693,435 | - | - |
| Jun 2024 | $776,589 | - | - |
| May 2024 | $698,550 | - | - |
| Mar 2024 | $697,006 | - | - |
| Feb 2024 | $713,887 | - | - |
| Jan 2024 | $738,111 | - | - |
| Dec 2023 | $736,839 | - | - |
| Nov 2023 | $730,714 | - | - |
| Oct 2023 | $734,119 | - | - |
| Sep 2023 | $740,318 | - | - |
| Aug 2023 | $726,146 | - | - |
| Jul 2023 | $763,644 | - | - |
| Jun 2023 | $757,158 | - | - |
| May 2023 | $747,095 | - | - |
| Apr 2023 | $767,530 | - | - |
| Mar 2023 | $766,046 | - | - |
| Feb 2023 | $637,000 | - | - |
| Jan 2023 | $670,300 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 23227 - VA
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 24,931 | 234,971 | 336,512 | 335,858,263 |
| Population Density | 2,172 | 3,921 | 1,440 | 95 |
| People per Household | 2.1 | 2.2 | 2.5 | 2.6 |
| Median Age | 43.1 | 36 | 39.9 | 39.1 |
| Median Income | $54,690 | $52,717 | $73,159 | $66,222 |
| Average Income | $37,989 | $36,384 | $40,408 | $35,475 |
| Cost of Living Index | 74 | 74 | 91 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 26.92°F | 27.6°F | 25.3°F | 22.6°F |
| July Avg. High Temp | 87.38°F | 87.5°F | 87.1°F | 86.2°F |
| Annual Precipitation | 43.95" | 43.91" | 44.04" | 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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