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CondominiumResidential
$175,314$250 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

4050 FOREST HILL AVE

RICHMOND, VA 23225
Building report
1
Baths
700 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.
700 ft²
Lot SizeThe size of the land the home sits on, from county records.
1961
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

$175K
$163K low$188K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,716 (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.$143,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$13,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$130,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$143,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$143,000

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
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.0.02
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.Slate
HeatingThe type of heating system in the home.Hot Water
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.

H
George Wythe High SchoolF
High · Grades 9–12 · 0.6 mi
E
Westover Hills Elementary SchoolD-
Elementary · Grades KG–5 · 0.9 mi
M
Lucille M. Brown Middle SchoolF
Middle · Grades 6–8 · 2.1 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%

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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

4050 Forest Hill 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 less than 92% of homes in Richmond 23225
  • Costs less per square foot than 65% of homes in Forest Hill Terrace
  • Among the smallest homes in Richmond 23225
  • Among the smallest lots in Richmond 23225
  • Newer than 95% of homes in Forest Hill Terrace

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
$125K$995K

This home is worth more than 8% 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$175,314
CheaperTypical $350,660Pricier

Pricier than 8% of homes nearby

Price per ft²$250
CheaperTypical $231Pricier

Pricier than 60% of homes nearby

Living area700 ft²
SmallerTypical 1,546 ft²Bigger

Smaller than almost all homes nearby

Lot size700 ft²
SmallerTypical 0.28 acBigger

Smaller than almost all homes nearby

Year built1961
OlderTypical 1958Newer

Newer than 60% of homes nearby

How 4050 Forest Hill Ave ranks against every home in each area.
MeasureThis homeForest Hill TerraceRichmond 23225Richmond city County
Estimated valuepricier than$175,31418% of homes8% of homes12% of homes
Price per ft²pricier than$25035% of homes60% of homes57% of homes
Living areabigger than700 ft²4% of homesalmost no homes2% of homes
Lot sizebigger than700 ft²almost no homesalmost no homesalmost no homes
Year builtnewer than196195% of homes60% of homes71% of homes

About 4050 Forest Hill Ave

How much is 4050 Forest Hill Ave, Richmond, VA worth?

The TopHap Estimate for 4050 Forest Hill Ave, Richmond, VA is $175,314 as of Sep 24, 2026. The likely range is $162,892 to $187,736. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4050 Forest Hill Ave, Richmond, VA last sell?

4050 Forest Hill Ave, Richmond, VA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 4050 Forest Hill Ave, Richmond, VA?

4050 Forest Hill Ave, Richmond, VA has 1 bathrooms, 700 square feet of living space and a 0.02-acre lot.

When was 4050 Forest Hill Ave, Richmond, VA built?

4050 Forest Hill Ave, Richmond, VA was built in 1961, making it 65 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 4050 Forest Hill Ave, Richmond, VA?

4050 Forest Hill Ave, Richmond, VA is assigned to George Wythe High School (high), rated F; Westover Hills Elementary School (elementary), rated D-; Lucille M. Brown Middle School (middle), rated F. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4050 Forest Hill Ave, Richmond, VA compare to other homes in Richmond 23225?

Among the 10,792 homes in Richmond 23225, it is worth more than 8% of them ($175,314 against a typical $350,660), its price per square foot is higher than 60% of them ($250 against a typical $231), it is bigger than almost none of them (700 ft² against a typical 1,546 ft²), its lot is bigger than almost none of them (700 ft² against a typical 0.28 ac) and it is newer than 60% of them (1961 against a typical 1958). Measured against all of Richmond city County, it is worth more than 12% 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 4050 Forest Hill Ave, Richmond, VA?

The 2026 property tax bill for 4050 Forest Hill Ave, Richmond, VA was $1,716. The county assessed it at $143,000.

More homes on Forest Hill Ave

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Assigned schools

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