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Single Family ResidenceResidential
$199,372$147 / 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 78How 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 $102,000 on Oct 6, 2009

1040 WELTON AVE

RICHMOND, VA 23224
3
Beds
1
Baths
1,352 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.
0.25 ac
Lot SizeThe size of the land the home sits on, from county records.
1959
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$199K
$156K low$243K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$102,000 · Oct 6, 2009
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.$92,305
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$73,844
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.49%
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.$94,156
JP MORGAN CHASE BK · recorded Dec 27, 2013
2nd 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.$12,911
CARRINGTON MORTGAGE SERVICES LLC

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,628 (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.$219,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$55,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$164,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$213,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$219,000

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.Ranch
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.1975
Lot (acres)The size of the land the home sits on, from county records.0.25
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.None
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 · 210 ft²

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.

H
George Wythe High SchoolF
High · Grades 9–12 · 1.0 mi
E
Elizabeth D. Redd Elementary SchoolD-
Elementary · Grades KG–5 · 2.1 mi
M
River City Middle SchoolD-
Middle · Grades 6–8 · 4.4 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23224These 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.111
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.42,503
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,527 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,837
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,950
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

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

1040 Welton Ave 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 79% of homes in McGuire
  • Costs more per square foot than 72% of homes in McGuire
  • Has a bigger lot than 72% of homes in Richmond city County
  • Newer than 81% of homes in McGuire

What homes are worth in Richmond 23224

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

This home
$65K$347K

This home is worth more than 76% of homes in Richmond 23224.

How it measures up in Richmond 23224

The dot is this home. The mark in the middle is the typical home in Richmond 23224.

Estimated value$199,372
CheaperTypical $154,732Pricier

Pricier than 76% of homes nearby

Price per ft²$147
CheaperTypical $122Pricier

Pricier than 71% of homes nearby

Living area1,352 ft²
SmallerTypical 1,270 ft²Bigger

Bigger than 57% of homes nearby

Lot size0.25 ac
SmallerTypical 0.19 acBigger

Bigger than 67% of homes nearby

Year built1959
OlderTypical 1953Newer

Newer than 60% of homes nearby

How 1040 Welton Ave ranks against every home in each area.
MeasureThis homeMcGuireRichmond 23224Richmond city County
Estimated valuepricier than$199,37279% of homes76% of homes34% of homes
Price per ft²pricier than$14772% of homes71% of homes36% of homes
Living areabigger than1,352 ft²50% of homes57% of homes36% of homes
Lot sizebigger than0.25 ac71% of homes67% of homes72% of homes
Year builtnewer than195981% of homes60% of homes69% of homes

About 1040 Welton Ave

How much is 1040 Welton Ave, Richmond, VA worth?

The TopHap Estimate for 1040 Welton Ave, Richmond, VA is $199,372 as of Jul 14, 2026. The likely range is $155,823 to $242,921. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1040 Welton Ave, Richmond, VA last sell?

1040 Welton Ave, Richmond, VA last sold on Oct 6, 2009 for $102,000, according to the county's recorded deed.

How big is 1040 Welton Ave, Richmond, VA?

1040 Welton Ave, Richmond, VA has 3 bedrooms, 1 bathrooms, 1,352 square feet of living space and a 0.25-acre lot.

When was 1040 Welton Ave, Richmond, VA built?

1040 Welton Ave, Richmond, VA was built in 1959, making it 67 years old. It is a ranch home. The building has 1 story.

What schools serve 1040 Welton Ave, Richmond, VA?

1040 Welton Ave, Richmond, VA is assigned to George Wythe High School (high), rated F; Elizabeth D. Redd Elementary School (elementary), rated D-; River City Middle School (middle), rated D-. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1040 Welton Ave, Richmond, VA compare to other homes in Richmond 23224?

Among the 9,343 homes in Richmond 23224, it is worth more than 76% of them ($199,372 against a typical $154,732), its price per square foot is higher than 71% of them ($147 against a typical $122), it is bigger than 57% of them (1,352 ft² against a typical 1,270 ft²), its lot is bigger than 67% of them (0.25 ac against a typical 0.19 ac) and it is newer than 60% of them (1959 against a typical 1953). Measured against all of Richmond city County, it is worth more than 34% 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 1040 Welton Ave, Richmond, VA?

The 2026 property tax bill for 1040 Welton Ave, Richmond, VA was $2,628. The county assessed it at $219,000.

Closest homes

More homes in Richmond 23224

Assigned schools

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