The property at 5609 Lake Crest Way, Richmond, VA 23227, built in 2002, is a 1,202 square foot Single Family and has 3 bedrooms and 2 bathrooms. It is situated on a lot that is 8,062 square feet and was last tax assessed in 2025 for a valuation of $257,200
The estimate for this property has experienced a 1.07% increase in the past 6 months reaching a value of $340,713.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $245,100 |
| 2022 | $245,100 +13.47% |
| 2021 | $216,000 +18.55% |
| 2020 | $182,200 |
| 2019 | $182,200 +6.24% |
| 2018 | $171,500 +3.69% |
| 2017 | $165,400 +3.31% |
| 2016 | $160,100 +10.19% |
| 2015 | $145,300 -1.62% |
| 2014 | $147,700 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Dec 2025 | $340,713 | - | - |
| Nov 2025 | $340,611 | - | - |
| Oct 2025 | $335,583 | - | - |
| Sep 2025 | $342,333 | - | - |
| Aug 2025 | $343,011 | - | - |
| Jul 2025 | $336,032 | - | - |
| Jun 2025 | $341,619 | - | - |
| May 2025 | $337,118 | - | - |
| Apr 2025 | $338,000 | - | - |
| Mar 2025 | $338,731 | - | - |
| Feb 2025 | $335,275 | - | - |
| Jan 2025 | $333,535 | - | - |
| Dec 2024 | $329,326 | - | - |
| Nov 2024 | $334,442 | - | - |
| Oct 2024 | $331,491 | - | - |
| Sep 2024 | $336,190 | - | - |
| Aug 2024 | $334,653 | - | - |
| Jul 2024 | $325,030 | - | - |
| Jun 2024 | $333,901 | - | - |
| May 2024 | $334,483 | - | - |
| Apr 2024 | $324,916 | - | - |
| Mar 2024 | $329,776 | - | - |
| Feb 2024 | $308,486 | - | - |
| Jan 2024 | $310,213 | - | - |
| Dec 2023 | $296,392 | - | - |
| Nov 2023 | $306,418 | - | - |
| Oct 2023 | $274,618 | - | - |
| Sep 2023 | $261,244 | - | - |
| Aug 2023 | $313,098 | - | - |
| Jul 2023 | $296,257 | - | - |
| Jun 2023 | $295,190 | - | - |
| May 2023 | $298,169 | - | - |
| Apr 2023 | $295,141 | - | - |
| Mar 2023 | $298,098 | - | - |
| Feb 2023 | $272,800 | - | - |
| Jan 2023 | $254,800 | - | - |
| Dec 2022 | $272,500 | - | - |
*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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