Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$262,147$204 / 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 85How 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 $180,000 on May 22, 2007

4516 HANOVER AVE

RICHMOND, VA 23221
4
Beds
1
Baths
1,287 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.
4,269 ft²
Lot SizeThe size of the land the home sits on, from county records.
1945
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

$262K
$224K low$301K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$180,000 · May 22, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,632 (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.$386,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$185,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$201,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$340,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$386,000

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.5 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.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.1962
Lot (acres)The size of the land the home sits on, from county records.0.10
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.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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 122 ft²

Transaction History(2)

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
Mary Munford Elementary SchoolA+
Elementary · Grades KG–5 · 0.2 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 0.8 mi
M
Albert Hill Middle SchoolC-
Middle · Grades 6–8 · 1.0 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23221These 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.86
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 100.62

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.43%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.14,693
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,360 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$108,758
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$144,947
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%

Owner Tools

Do you own this home?
Claim this home

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

4516 Hanover 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 88% of homes in Colonial Place
  • Costs less per square foot than 93% of homes in Colonial Place
  • Smaller than 78% of homes in Richmond 23221
  • Has a smaller lot than 89% of homes in Colonial Place
  • Newer than 65% of homes in Richmond 23221

What homes are worth in Richmond 23221

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

This home
$190K$1.9M

This home is worth more than 15% of homes in Richmond 23221.

How it measures up in Richmond 23221

The dot is this home. The mark in the middle is the typical home in Richmond 23221.

Estimated value$262,147
CheaperTypical $453,778Pricier

Pricier than 15% of homes nearby

Price per ft²$204
CheaperTypical $263Pricier

Pricier than 15% of homes nearby

Living area1,287 ft²
SmallerTypical 1,900 ft²Bigger

Bigger than 22% of homes nearby

Lot size4,269 ft²
SmallerTypical 0.13 acBigger

Bigger than 43% of homes nearby

Year built1945
OlderTypical 1938Newer

Newer than 65% of homes nearby

How 4516 Hanover Ave ranks against every home in each area.
MeasureThis homeColonial PlaceRichmond 23221Richmond city County
Estimated valuepricier than$262,14712% of homes15% of homes52% of homes
Price per ft²pricier than$2047% of homes15% of homes67% of homes
Living areabigger than1,287 ft²26% of homes22% of homes33% of homes
Lot sizebigger than4,269 ft²11% of homes43% of homes27% of homes
Year builtnewer than194544% of homes65% of homes46% of homes

About 4516 Hanover Ave

How much is 4516 Hanover Ave, Richmond, VA worth?

The TopHap Estimate for 4516 Hanover Ave, Richmond, VA is $262,147 as of Jul 14, 2026. The likely range is $223,624 to $300,670. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4516 Hanover Ave, Richmond, VA last sell?

4516 Hanover Ave, Richmond, VA last sold on May 22, 2007 for $180,000, according to the county's recorded deed.

How big is 4516 Hanover Ave, Richmond, VA?

4516 Hanover Ave, Richmond, VA has 4 bedrooms, 1 bathrooms, 1,287 square feet of living space and a 0.10-acre lot.

When was 4516 Hanover Ave, Richmond, VA built?

4516 Hanover Ave, Richmond, VA was built in 1945, making it 81 years old. It is a bungalow home. The building has 1 story.

What schools serve 4516 Hanover Ave, Richmond, VA?

4516 Hanover Ave, Richmond, VA is assigned to Mary Munford Elementary School (elementary), rated A+; Thomas Jefferson High School (high), rated C-; Albert Hill Middle School (middle), rated C-. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4516 Hanover Ave, Richmond, VA compare to other homes in Richmond 23221?

Among the 5,088 homes in Richmond 23221, it is worth more than 15% of them ($262,147 against a typical $453,778), its price per square foot is higher than 15% of them ($204 against a typical $263), it is bigger than 22% of them (1,287 ft² against a typical 1,900 ft²), its lot is bigger than 43% of them (4,269 ft² against a typical 0.13 ac) and it is newer than 65% of them (1945 against a typical 1938). Measured against all of Richmond city County, it is worth more than 52% 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 4516 Hanover Ave, Richmond, VA?

The 2026 property tax bill for 4516 Hanover Ave, Richmond, VA was $4,632. The county assessed it at $386,000.

More homes on Hanover Ave

Closest homes

More homes in Richmond 23221

Assigned schools

Explore the area

See this home in context

Open 4516 Hanover Ave on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map