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CondominiumResidential

516 N 2nd St

RICHMOND, VA 23219
440 ft²
Lot SizeThe size of the land the home sits on, from county records.
1898
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 189812 units372–1,015 ft²
$1.7M
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.
$147K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$332
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-14.9%vs the Richmond ZIP median sale $/ft² ($390)

Sales Performance

$100K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-20.0%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
8.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
2008201020192021202420252026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
2008201020192021202420252026

9 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.
$99K$139K$179K$218K372 ft²501 ft²629 ft²758 ft²886 ft²1,015 ft²
1 bd2 bd
1 bed
11 units
2 bed
1 unit
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.
1 bd · 1 ba · 428 ft²
3 units
1 bd · 1 ba · 412 ft²
2 units
1 bd · 1 ba · 419 ft²
2 units
1 bd · 1 ba · 437 ft²
2 units
One-off layouts
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.

$99K–$99K
1 unit
$122K–$122K
2 units
$133K–$141K
3 units
$153K–$155K
5 units
$218K–$218K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.0%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.25%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.72.2 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.75%
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.16%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$126,279
Median tax billThe middle annual property tax bill among the building's units.$1,200
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 3CFeb 3, 2026$100,000Unit 3DApr 24, 2025$125,000Unit 2AMar 5, 2024$175,000Unit 3EDec 29, 2021$125,000Unit 3AOct 21, 2019$106,000Unit 3COct 1, 2019$110,000Unit 3DApr 1, 2010$79,000Unit 3EOct 16, 2008$160,450Unit 3ASep 29, 2008$90,950

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.2007
Lot (acres)The size of the land the home sits on, from county records.0.01
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.Metal
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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
George W. Carver Elementary SchoolF
Elementary · Grades KG–5 · 0.8 mi
M
Albert Hill Middle SchoolC
Middle · Grades 6–8 · 2.6 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 3.1 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23219These 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.166
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.61

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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.8,244
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,234 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,340
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$67,757
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.

516 N 2nd St # 1d
1 bd · 1 ba · 428 ft²
$155K
516 N 2nd St # 1e
1 bd · 1 ba · 437 ft²
$155K
516 N 2nd St # 2a
2 bd · 1 ba · 1,015 ft²
$218K
516 N 2nd St # 2b
1 bd · 1 ba · 419 ft²
$141K
516 N 2nd St # 2c
1 bd · 1 ba · 412 ft²
$153K
516 N 2nd St # 2d
1 bd · 1 ba · 428 ft²
$155K
516 N 2nd St # 2e
1 bd · 1 ba · 437 ft²
$141K
516 N 2nd St # 3a
1 bd · 1 ba · 372 ft²
$122K
516 N 2nd St # 3b
1 bd · 1 ba · 419 ft²
$155K
516 N 2nd St # 3c
1 bd · 1 ba · 412 ft²
$99K
516 N 2nd St # 3d
1 bd · 1 ba · 428 ft²
$122K
516 N 2nd St # 3e
1 bd · 1 ba · 438 ft²
$133K

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

About 516 N 2nd St

How many units are in 516 N 2nd St, Richmond, VA?

516 N 2nd St, Richmond, VA has 12 residential units across built in 1898, according to county assessor records.

What is a unit at 516 N 2nd St, Richmond, VA worth?

The median TopHap Estimate across the 12 units at 516 N 2nd St, Richmond, VA is $146,988. That works out to $332 per square foot. Units run from 372 to 1,015 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 516 N 2nd St, Richmond, VA expensive for Richmond?

Units at 516 N 2nd St, Richmond, VA carry a median of $332 per square foot, 15% below the Richmond median of $390 per square foot.

How often do units sell at 516 N 2nd St, Richmond, VA?

1 units at 516 N 2nd St, Richmond, VA sold in the last 12 months, out of 9 recorded arms-length sales all time. That is a turnover rate of 8.3% of the building per year. The median sale over that period was $100K.

Have units at 516 N 2nd St, Richmond, VA appreciated?

Across 4 repeat sales of the same unit, 516 N 2nd St, Richmond, VA returned a median -0.0% 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 12.1 years.

What floor plans does 516 N 2nd St, Richmond, VA have?

The most common plan at 516 N 2nd St, Richmond, VA is a 1-bedroom of 428 square feet, repeated 3 times, with a median estimate of $154,599. TopHap identifies 4 recurring plans in the building.

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