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CondominiumResidential
Last sold for $360,000 on Sep 25, 2025

605 SPRING ST

RICHMOND, VA 23220
566 ft²
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 200219 units1,130–2,217 ft²
$6.8M
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.
$352K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$205
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-38.5%vs the Richmond ZIP median sale $/ft² ($333)

Sales Performance

$360K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
3
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
15.8%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.5%per yeartypical hold 5.9 yrsfrom 15 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20042009201220152018202120232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20042009201220152018202120232026

35 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.
$205K$310K$415K$520K1,130 ft²1,347 ft²1,565 ft²1,782 ft²2,000 ft²2,217 ft²
2 bd3 bd
2 bed
8 units
3 bed
11 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.
2 bd · 2.5 ba · 1,130 ft²
2 units
3 bd · 2.5 ba · 1,508 ft²
2 units
3 bd · 2.5 ba · 2,209 ft²
2 units
3 bd · 2.5 ba · 2,217 ft²
2 units
One-off layouts
11 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.

$205K–$205K
1 unit
$259K–$259K
1 unit
$289K–$296K
2 units
$324K–$359K
8 units
$387K–$399K
3 units
$405K–$437K
3 units
$520K–$520K
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.42%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.26%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.1 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.14%
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.58%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$352,274
Median tax billThe middle annual property tax bill among the building's units.$3,480
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 BMay 21, 2026$360,000Unit POct 16, 2025$425,000BuildingSep 25, 2025$360,000Unit QJan 18, 2024$355,000Unit BDec 8, 2023$335,000Unit QApr 12, 2022$339,950Unit KNov 18, 2021$315,000Unit LApr 27, 2021$320,000Unit SFeb 3, 2021$258,000Unit QMay 11, 2020$295,000

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

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,964 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$247,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$50,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$197,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$247,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$247,000

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
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.Asphalt
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

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
Binford Middle SchoolF
Middle · Grades 6–8 · 1.0 mi
E
William Fox Elementary SchoolB
Elementary · Grades KG–5 · 1.5 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 3.0 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23220These 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.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.67

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.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
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.39,857
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,201 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,038
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,454
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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.

605 Spring St
2 bd · 2.5 ba · 1,156 ft²
$361K
605 Spring St # A
3 bd · 2.5 ba · 1,508 ft²
$325K
605 Spring St # B
2 bd · 2.5 ba · 1,130 ft²
$205K
605 Spring St # C
3 bd · 2.5 ba · 1,366 ft²
$351K
605 Spring St # D
2 bd · 2.5 ba · 1,130 ft²
$259K
605 Spring St # E
3 bd · 2.5 ba · 1,508 ft²
$289K
605 Spring St # F
3 bd · 2.5 ba · 2,217 ft²
$396K
605 Spring St
2 bd · 1 ba · 1,482 ft²
$296K
605 Spring St # H
3 bd · 2.5 ba · 2,028 ft²
$405K
605 Spring St
2 bd · 2.5 ba · 1,690 ft²
$352K
605 Spring St # J
3 bd · 2.5 ba · 2,217 ft²
$520K
605 Spring St # K
3 bd · 2.5 ba · 2,040 ft²
$352K
605 Spring St # L
2 bd · 2.5 ba · 1,709 ft²
$350K
605 Spring St # M
3 bd · 2.5 ba · 2,209 ft²
$399K
605 Spring St
3 bd · 2.5 ba · 2,209 ft²
$359K
605 Spring St # O
2 bd · 1.5 ba · 1,697 ft²
$437K
605 Spring St
3 bd · 2.5 ba · 2,022 ft²
$426K
605 Spring St # Q
2 bd · 2.5 ba · 1,697 ft²
$351K
605 Spring St
3 bd · 2.5 ba · 2,210 ft²
$387K
605 Spring St
2 bd · 2.5 ba · 1,156 ft²
$324K

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

About 605 Spring St

How many units are in 605 Spring St, Richmond, VA?

605 Spring St, Richmond, VA has 19 residential units across built in 2002, according to county assessor records.

What is a unit at 605 Spring St, Richmond, VA worth?

The median TopHap Estimate across the 19 units at 605 Spring St, Richmond, VA is $351,794. That works out to $205 per square foot. Units run from 1,130 to 2,217 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 605 Spring St, Richmond, VA expensive for Richmond?

Units at 605 Spring St, Richmond, VA carry a median of $205 per square foot, 38% below the Richmond median of $333 per square foot.

How often do units sell at 605 Spring St, Richmond, VA?

3 units at 605 Spring St, Richmond, VA sold in the last 12 months, out of 35 recorded arms-length sales all time. That is a turnover rate of 15.8% of the building per year. The median sale over that period was $360K.

Have units at 605 Spring St, Richmond, VA appreciated?

Across 15 repeat sales of the same unit, 605 Spring St, Richmond, VA returned a median 2.5% 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 5.9 years.

What floor plans does 605 Spring St, Richmond, VA have?

The most common plan at 605 Spring St, Richmond, VA is a 2-bedroom of 1,130 square feet, repeated 2 times, with a median estimate of $231,969. TopHap identifies 4 recurring plans in the building.

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Assigned schools

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