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Single Family ResidenceResidential
$54,610$66 / 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 87How 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 $50,000 on Dec 30, 2015

2408 MELBOURNE ST

RICHMOND, VA 23223
2
Beds
2
Baths
832 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$55K
$47K low$62K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$50,000 · Dec 30, 2015
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.$0
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$0
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.173%
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.$65,000
T AND G HOLDINGS LLC · recorded Jan 24, 2024
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.$30,000
3RD PARTY INDIVIDUAL

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,640 (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.$220,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$37,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$183,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$216,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$220,000

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.Bungalow
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.1977
Lot (acres)The size of the land the home sits on, from county records.0.16
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.Heat Pump
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 · 96 ft²Porch · 182 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
Armstrong High SchoolD-
High · Grades 9–12 · 0.6 mi
M
Martin Luther King, Jr. Middle SchoolF
Middle · Grades 6–8 · 0.8 mi
E
Fairfield Court Elementary SchoolD-
Elementary · Grades KG–5 · 0.8 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23223These 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.129
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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
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.52,337
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,080 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,361
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,419
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.Yes

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

2408 Melbourne 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.

  • Among the least valuable homes in Richmond city County
  • Among the lowest price per square foot in Richmond 23223
  • Smaller than 93% of homes in Richmond city County
  • Older than 92% of homes in Whitcomb

What homes are worth in Richmond 23223

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

This home
$77K$545K

This home is worth less than almost all homes in Richmond 23223.

How it measures up in Richmond 23223

The dot is this home. The mark in the middle is the typical home in Richmond 23223.

Estimated value$54,610
CheaperTypical $208,228Pricier

Cheaper than almost all homes nearby

Price per ft²$66
CheaperTypical $151Pricier

Cheaper than almost all homes nearby

Living area832 ft²
SmallerTypical 1,378 ft²Bigger

Bigger than 8% of homes nearby

Lot size0.16 ac
SmallerTypical 0.18 acBigger

Bigger than 46% of homes nearby

Year built1925
OlderTypical 1968Newer

Newer than 22% of homes nearby

How 2408 Melbourne St ranks against every home in each area.
MeasureThis homeWhitcombRichmond 23223Richmond city County
Estimated valuepricier than$54,6103% of homesalmost no homesalmost no homes
Price per ft²pricier than$667% of homesalmost no homes2% of homes
Living areabigger than832 ft²19% of homes8% of homes7% of homes
Lot sizebigger than0.16 ac60% of homes46% of homes49% of homes
Year builtnewer than19258% of homes22% of homes27% of homes

About 2408 Melbourne St

How much is 2408 Melbourne St, Richmond, VA worth?

The TopHap Estimate for 2408 Melbourne St, Richmond, VA is $54,610 as of Jul 14, 2026. The likely range is $47,463 to $61,757. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2408 Melbourne St, Richmond, VA last sell?

2408 Melbourne St, Richmond, VA last sold on Dec 30, 2015 for $50,000, according to the county's recorded deed.

How big is 2408 Melbourne St, Richmond, VA?

2408 Melbourne St, Richmond, VA has 2 bedrooms, 2 bathrooms, 832 square feet of living space and a 0.16-acre lot.

When was 2408 Melbourne St, Richmond, VA built?

2408 Melbourne St, Richmond, VA was built in 1925, making it 101 years old. It is a bungalow home. The building has 1 story.

What schools serve 2408 Melbourne St, Richmond, VA?

2408 Melbourne St, Richmond, VA is assigned to Armstrong High School (high), rated D-; Martin Luther King, Jr. Middle School (middle), rated F; Fairfield Court Elementary School (elementary), rated D-. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2408 Melbourne St, Richmond, VA compare to other homes in Richmond 23223?

Among the 15,118 homes in Richmond 23223, it is worth more than almost none of them ($54,610 against a typical $208,228), its price per square foot is higher than almost none of them ($66 against a typical $151), it is bigger than 8% of them (832 ft² against a typical 1,378 ft²), its lot is bigger than 46% of them (0.16 ac against a typical 0.18 ac) and it is newer than 22% of them (1925 against a typical 1968). Measured against all of Richmond city County, it is worth more than almost no 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 2408 Melbourne St, Richmond, VA?

The 2026 property tax bill for 2408 Melbourne St, Richmond, VA was $2,640. The county assessed it at $220,000.

Closest homes

More homes in Richmond 23223

Assigned schools

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