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Multi-Family Dwellings (Generic, Any Combination)Residential

1238 WALLACE ST

RICHMOND, VA 23220
3
Beds
1.5
Baths
1,296 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1986
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

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.$217,500
THE EQUITY NETWORK.COM · 8% 1 · recorded Nov 20, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,588 (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.$549,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$125,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$424,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$549,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$549,000

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.9 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.Multi-Family Dwellings (Generic, Any Combination)
CountyRICHMOND CITY
Lot (acres)The size of the land the home sits on, from county records.0.14
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.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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 122 ft²Porch · 262 ft²

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 · 0.5 mi
E
William Fox Elementary SchoolB
Elementary · Grades KG–5 · 1.0 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 2.5 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.Absentee owner
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

1238 Wallace 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.

  • Smaller than 74% of homes in Richmond 23220
  • Has a bigger lot than 87% of homes in Richmond 23220
  • Newer than 85% of homes in Richmond city County

How it measures up in Richmond 23220

The dot is this home. The mark in the middle is the typical home in Richmond 23220.

Living area1,296 ft²
SmallerTypical 1,740 ft²Bigger

Bigger than 26% of homes nearby

Lot size0.14 ac
SmallerTypical 3,006 ft²Bigger

Bigger than 87% of homes nearby

Year built1986
OlderTypical 1920Newer

Newer than 84% of homes nearby

How 1238 Wallace St ranks against every home in each area.
MeasureThis homeRandolphRichmond 23220Richmond city County
Living areabigger than1,296 ft²46% of homes26% of homes33% of homes
Lot sizebigger than0.14 ac76% of homes87% of homes41% of homes
Year builtnewer than198661% of homes84% of homes85% of homes

About 1238 Wallace St

When did 1238 Wallace St, Richmond, VA last sell?

1238 Wallace St, Richmond, VA last sold on Jan 30, 2002, according to the county's recorded deed.

How big is 1238 Wallace St, Richmond, VA?

1238 Wallace St, Richmond, VA has 3 bedrooms, 1.5 bathrooms, 1,296 square feet of living space and a 0.14-acre lot.

When was 1238 Wallace St, Richmond, VA built?

1238 Wallace St, Richmond, VA was built in 1986, making it 40 years old. The building has 2 stories.

What schools serve 1238 Wallace St, Richmond, VA?

1238 Wallace St, Richmond, VA is assigned to Binford Middle School (middle), rated F; William Fox Elementary School (elementary), rated B; Thomas Jefferson High School (high), rated C-. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1238 Wallace St, Richmond, VA compare to other homes in Richmond 23220?

Among the 8,426 homes in Richmond 23220, it is bigger than 26% of them (1,296 ft² against a typical 1,740 ft²), its lot is bigger than 87% of them (0.14 ac against a typical 3,006 ft²) and it is newer than 84% of them (1986 against a typical 1920). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1238 Wallace St, Richmond, VA?

The 2026 property tax bill for 1238 Wallace St, Richmond, VA was $6,588. The county assessed it at $549,000.

Closest homes

More homes in Richmond 23220

Assigned schools

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