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Multi-Family Dwellings (Generic, Any Combination)Residential
Last sold for $480,000 on Aug 29, 2025

409 N MADISON ST

RICHMOND, VA 23220
3
Beds
2
Baths
1,588 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.
1,307 ft²
Lot SizeThe size of the land the home sits on, from county records.
1848
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

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$480,000 · Aug 29, 2025
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.$463,980
INTERCOASTAL MORTGAGE · recorded Aug 29, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,200 (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.$350,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$80,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$270,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$345,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$350,000

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
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.1985
Lot (acres)The size of the land the home sits on, from county records.0.03
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
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

Transaction History(4)

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.

E
George W. Carver Elementary SchoolF
Elementary · Grades KG–5 · 0.5 mi
M
Albert Hill Middle SchoolC-
Middle · Grades 6–8 · 2.3 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 2.9 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.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

409 N Madison 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.

  • Has a smaller lot than 95% of homes in Richmond city County
  • Among the oldest 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 area1,588 ft²
SmallerTypical 1,734 ft²Bigger

Bigger than 43% of homes nearby

Lot size1,307 ft²
SmallerTypical 3,006 ft²Bigger

Bigger than 12% of homes nearby

Year built1848
OlderTypical 1920Newer

Older than almost all homes nearby

How 409 N Madison St ranks against every home in each area.
MeasureThis homeJackson WardRichmond 23220Richmond city County
Living areabigger than1,588 ft²39% of homes43% of homes51% of homes
Lot sizebigger than1,307 ft²27% of homes12% of homes5% of homes
Year builtnewer than18485% of homesalmost no homesalmost no homes

About 409 N Madison St

When did 409 N Madison St, Richmond, VA last sell?

409 N Madison St, Richmond, VA last sold on Aug 29, 2025 for $480,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 409 N Madison St, Richmond, VA?

409 N Madison St, Richmond, VA has 3 bedrooms, 2 bathrooms, 1,588 square feet of living space and a 0.03-acre lot.

When was 409 N Madison St, Richmond, VA built?

409 N Madison St, Richmond, VA was built in 1848, making it 178 years old. The building has 2 stories.

What schools serve 409 N Madison St, Richmond, VA?

409 N Madison St, Richmond, VA is assigned to George W. Carver Elementary School (elementary), rated F; Albert Hill Middle School (middle), rated C-; 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 409 N Madison St, Richmond, VA compare to other homes in Richmond 23220?

Among the 8,426 homes in Richmond 23220, it is bigger than 43% of them (1,588 ft² against a typical 1,734 ft²), its lot is bigger than 12% of them (1,307 ft² against a typical 3,006 ft²) and it is newer than almost none of them (1848 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 409 N Madison St, Richmond, VA?

The 2026 property tax bill for 409 N Madison St, Richmond, VA was $4,200. The county assessed it at $350,000.

Closest homes

More homes in Richmond 23220

Assigned schools

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