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Single Family ResidenceResidential
$328,480$155 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $274,500 on Aug 31, 2007

1023 W 48TH ST

RICHMOND, VA 23225
4
Beds
3
Baths
2,120 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1939
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$328K
$311K low$346K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$274,500 · Aug 31, 2007
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$86,431
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$69,145
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.55%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$242,049
BRANCH BK&TR · 3.25% 1 · recorded Jan 20, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,648 (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.$554,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$79,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$475,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$541,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$554,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
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.0.21
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 144 ft²

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

E
Westover Hills Elementary SchoolD-
Elementary · Grades KG–5 · 0.3 mi
M
Lucille M. Brown Middle SchoolF
Middle · Grades 6–8 · 1.5 mi
H
Huguenot High SchoolD-
High · Grades 9–12 · 3.1 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23225These 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.108
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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
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.42,106
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,843 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$71,188
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,140
Average tempThe average temperature here across a full year.57°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

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

How this home compares

1023 W 48th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 71% of homes in Richmond 23225
  • Costs less per square foot than 66% of homes in Forest Hill Terrace
  • Bigger than 82% of homes in Forest Hill Terrace
  • Has a smaller lot than 70% of homes in Richmond 23225
  • Older than 84% of homes in Richmond 23225

What homes are worth in Richmond 23225

Each bar is how many homes fall in that price range. The marker is this home.

This home
$104K$728K

This home is worth more than 71% of homes in Richmond 23225.

How it measures up in Richmond 23225

The dot is this home. The mark in the middle is the typical home in Richmond 23225.

Estimated value$328,480
CheaperTypical $257,466Pricier

Pricier than 71% of homes nearby

Price per ft²$155
CheaperTypical $166Pricier

Pricier than 40% of homes nearby

Living area2,120 ft²
SmallerTypical 1,546 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.21 ac
SmallerTypical 0.28 acBigger

Bigger than 30% of homes nearby

Year built1939
OlderTypical 1958Newer

Newer than 16% of homes nearby

How 1023 W 48th St ranks against every home in each area.
MeasureThis homeForest Hill TerraceRichmond 23225Richmond city County
Estimated valuepricier than$328,48070% of homes71% of homes66% of homes
Price per ft²pricier than$15534% of homes40% of homes40% of homes
Living areabigger than2,120 ft²82% of homes80% of homes75% of homes
Lot sizebigger than0.21 ac54% of homes30% of homes65% of homes
Year builtnewer than193939% of homes16% of homes39% of homes

About 1023 W 48th St

How much is 1023 W 48th St, Richmond, VA worth?

The TopHap Estimate for 1023 W 48th St, Richmond, VA is $328,480 as of Jul 14, 2026. The likely range is $311,103 to $345,857. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1023 W 48th St, Richmond, VA last sell?

1023 W 48th St, Richmond, VA last sold on Aug 31, 2007 for $274,500, according to the county's recorded deed.

How big is 1023 W 48th St, Richmond, VA?

1023 W 48th St, Richmond, VA has 4 bedrooms, 3 bathrooms, 2,120 square feet of living space and a 0.21-acre lot.

When was 1023 W 48th St, Richmond, VA built?

1023 W 48th St, Richmond, VA was built in 1939, making it 87 years old. It is a colonial home. The building has 2 stories.

What schools serve 1023 W 48th St, Richmond, VA?

1023 W 48th St, Richmond, VA is assigned to Westover Hills Elementary School (elementary), rated D-; Lucille M. Brown Middle School (middle), rated F; Huguenot High School (high), rated D-. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1023 W 48th St, Richmond, VA compare to other homes in Richmond 23225?

Among the 10,792 homes in Richmond 23225, it is worth more than 71% of them ($328,480 against a typical $257,466), its price per square foot is higher than 40% of them ($155 against a typical $166), it is bigger than 80% of them (2,120 ft² against a typical 1,546 ft²), its lot is bigger than 30% of them (0.21 ac against a typical 0.28 ac) and it is newer than 16% of them (1939 against a typical 1958). Measured against all of Richmond city County, it is worth more than 66% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1023 W 48th St, Richmond, VA?

The 2026 property tax bill for 1023 W 48th St, Richmond, VA was $6,648. The county assessed it at $554,000.

Closest homes

More homes in Richmond 23225

Assigned schools

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