Skip to content
Skip to content
TopHapOpen in map
CondominiumResidential

3508 E Richmond Rd

RICHMOND, VA 23223
5.76 ac
Lot SizeThe size of the land the home sits on, from county records.
1975
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 19661 floors27 units718–822 ft²
$3.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$117K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$148
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-39.2%vs the Richmond ZIP median sale $/ft² ($244)

Sales Performance

$14M
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
22
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
81.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+7.5%per yeartypical hold 3.7 yrsfrom 23 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20072008201220222026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20072008201220222026

47 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$112K$117K$122K$127K718 ft²739 ft²760 ft²780 ft²801 ft²822 ft²
2 bd3 bd
2 bed
10 units
3 bed
17 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
3 bd · 1 ba · 822 ft²
12 units
2 bd · 1 ba · 822 ft²
7 units
3 bd · 1 ba · 738 ft²
5 units
2 bd · 1 ba · 718 ft²
3 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$112K–$114K
5 units
$114K–$115K
4 units
$116K–$117K
5 units
$120K–$120K
1 unit
$122K–$122K
6 units
$124K–$125K
2 units
$125K–$127K
4 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.15%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.81%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.126.9 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.0%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.3%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$86,014
Median tax billThe middle annual property tax bill among the building's units.$960
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 102Apr 1, 2026$14,100,000Unit 122Apr 1, 2026$14,100,000Unit 123Apr 1, 2026$14,100,000Unit 124Apr 1, 2026$14,100,000Unit 125Apr 1, 2026$14,100,000Unit 126Apr 1, 2026$14,100,000Unit 127Apr 1, 2026$14,100,000Unit 115Apr 1, 2026$14,100,000Unit 116Apr 1, 2026$14,100,000Unit 117Apr 1, 2026$14,100,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyRICHMOND CITY
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1980
Lot (acres)The size of the land the home sits on, from county records.5.76
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Chimborazo Elementary SchoolD-
Elementary · Grades PK–5 · 1.1 mi
H
Armstrong High SchoolD
High · Grades 9–12 · 1.5 mi
M
Martin Luther King, Jr. Middle SchoolF
Middle · Grades 6–8 · 1.6 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23223These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.129
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.65

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.52,337
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,080 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,361
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,419
Average tempThe average temperature here across a full year.58°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

3508 E Richmond Rd # 101
3 bd · 1 ba · 822 ft²
$114K
3508 E Richmond Rd # 102
3 bd · 1 ba · 822 ft²
$127K
3508 E Richmond Rd # 103
3 bd · 1 ba · 822 ft²
$112K
3508 E Richmond Rd # 104
3 bd · 1 ba · 822 ft²
$122K
3508 E Richmond Rd # 105
3 bd · 1 ba · 822 ft²
$116K
3508 E Richmond Rd # 106
3 bd · 1 ba · 822 ft²
$122K
3508 E Richmond Rd # 107
2 bd · 1 ba · 718 ft²
$117K
3508 E Richmond Rd # 108
2 bd · 1 ba · 718 ft²
$117K
3508 E Richmond Rd # 109
2 bd · 1 ba · 718 ft²
$125K
3508 E Richmond Rd # 110
3 bd · 1 ba · 738 ft²
$114K
3508 E Richmond Rd # 111
3 bd · 1 ba · 738 ft²
$125K
3508 E Richmond Rd # 112
3 bd · 1 ba · 738 ft²
$114K
3508 E Richmond Rd # 113
3 bd · 1 ba · 738 ft²
$114K
3508 E Richmond Rd # 114
3 bd · 1 ba · 738 ft²
$114K
3508 E Richmond Rd # 115
2 bd · 1 ba · 822 ft²
$115K
3508 E Richmond Rd # 116
2 bd · 1 ba · 822 ft²
$115K
3508 E Richmond Rd # 117
2 bd · 1 ba · 822 ft²
$122K
3508 E Richmond Rd # 118
2 bd · 1 ba · 822 ft²
$122K
3508 E Richmond Rd # 119
2 bd · 1 ba · 822 ft²
$122K
3508 E Richmond Rd # 120
2 bd · 1 ba · 822 ft²
$115K
3508 E Richmond Rd # 121
2 bd · 1 ba · 822 ft²
$126K
3508 E Richmond Rd # 122
3 bd · 1 ba · 822 ft²
$124K
3508 E Richmond Rd # 123
3 bd · 1 ba · 822 ft²
$125K
3508 E Richmond Rd # 124
3 bd · 1 ba · 822 ft²
$120K
3508 E Richmond Rd # 125
3 bd · 1 ba · 822 ft²
$116K
3508 E Richmond Rd # 126
3 bd · 1 ba · 822 ft²
$116K
3508 E Richmond Rd # 127
3 bd · 1 ba · 822 ft²
$122K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 3508 E Richmond Rd

How many units are in 3508 E Richmond Rd, Richmond, VA?

3508 E Richmond Rd, Richmond, VA has 27 residential units across 1 floors, built in 1966, according to county assessor records.

What is a unit at 3508 E Richmond Rd, Richmond, VA worth?

The median TopHap Estimate across the 27 units at 3508 E Richmond Rd, Richmond, VA is $116,779. That works out to $148 per square foot. Units run from 718 to 822 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 3508 E Richmond Rd, Richmond, VA expensive for Richmond?

Units at 3508 E Richmond Rd, Richmond, VA carry a median of $148 per square foot, 39% below the Richmond median of $244 per square foot.

How often do units sell at 3508 E Richmond Rd, Richmond, VA?

22 units at 3508 E Richmond Rd, Richmond, VA sold in the last 12 months, out of 47 recorded arms-length sales all time. That is a turnover rate of 81.5% of the building per year. The median sale over that period was $14M.

Have units at 3508 E Richmond Rd, Richmond, VA appreciated?

Across 23 repeat sales of the same unit, 3508 E Richmond Rd, Richmond, VA returned a median 7.5% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 3.7 years.

What floor plans does 3508 E Richmond Rd, Richmond, VA have?

The most common plan at 3508 E Richmond Rd, Richmond, VA is a 3-bedroom of 822 square feet, repeated 12 times, with a median estimate of $120,671. TopHap identifies 4 recurring plans in the building.

More homes on E Richmond Rd

Closest homes

More homes in Richmond 23223

Assigned schools

Explore the area

See this home in context

Open 3508 E Richmond Rd on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map