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Single Family ResidenceResidential
$2,106,777$391 / 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 96How 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 $960,000 on Sep 13, 2011

506 RICHARDS LN

ALEXANDRIA, VA 22302
5
Beds
4.5
Baths
5,386 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$2.1M
$2M low$2.2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$960,000 · Sep 13, 2011
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.108%
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.$864,000
NEWREZ LLC · 6.63% 1 · recorded Aug 27, 2019
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.$1,450,000
GUARANTEED RATE INC

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$19,716 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,677,885 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$776,878
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$901,007
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,644,120
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,677,885

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyALEXANDRIA 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.1981
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
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 · 85 ft²Patio · 85 ft²Porch · 416 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.

E
George Mason Elementary SchoolC+
Elementary · Grades KG–5 · 0.4 mi
H
Alexandria City High SchoolD-
High · Grades 9–12 · 0.8 mi
M
George Washington Middle School
Middle · Grades 6–8 · 0.8 mi

District: Alexandria City Public Schools

Neighborhood · ZIP 22302These 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.84
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

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.40%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.15,698
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,970 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$140,277
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$179,146
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.42 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

506 Richards Ln 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 more than 97% of homes in Alexandria 22302
  • Costs less per square foot than 89% of homes in North Ridge / Rosemont
  • Bigger than 98% of homes in North Ridge / Rosemont
  • Has a bigger lot than 77% of homes in Alexandria city County
  • Newer than 89% of homes in North Ridge / Rosemont

What homes are worth in Alexandria 22302

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

This home
$187K$2.5M

This home is worth more than 97% of homes in Alexandria 22302.

How it measures up in Alexandria 22302

The dot is this home. The mark in the middle is the typical home in Alexandria 22302.

Estimated value$2,106,777
CheaperTypical $433,268Pricier

Pricier than 97% of homes nearby

Price per ft²$391
CheaperTypical $439Pricier

Pricier than 25% of homes nearby

Living area5,386 ft²
SmallerTypical 1,008 ft²Bigger

Bigger than 98% of homes nearby

Lot size0.15 ac
SmallerTypical 4,312 ft²Bigger

Bigger than 61% of homes nearby

Year built1977
OlderTypical 1953Newer

Newer than 77% of homes nearby

How 506 Richards Ln ranks against every home in each area.
MeasureThis homeNorth Ridge / RosemontAlexandria 22302Alexandria city County
Estimated valuepricier than$2,106,77795% of homes97% of homes97% of homes
Price per ft²pricier than$39111% of homes25% of homes35% of homes
Living areabigger than5,386 ft²98% of homes98% of homes98% of homes
Lot sizebigger than0.15 ac58% of homes61% of homes77% of homes
Year builtnewer than197789% of homes77% of homes61% of homes

About 506 Richards Ln

How much is 506 Richards Ln, Alexandria, VA worth?

The TopHap Estimate for 506 Richards Ln, Alexandria, VA is $2,106,777 as of Jul 14, 2026. The likely range is $2,019,292 to $2,194,262. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 Richards Ln, Alexandria, VA last sell?

506 Richards Ln, Alexandria, VA last sold on Sep 13, 2011 for $960,000, according to the county's recorded deed.

How big is 506 Richards Ln, Alexandria, VA?

506 Richards Ln, Alexandria, VA has 5 bedrooms, 4.5 bathrooms, 5,386 square feet of living space and a 0.15-acre lot.

When was 506 Richards Ln, Alexandria, VA built?

506 Richards Ln, Alexandria, VA was built in 1977, making it 49 years old. The building has 2 stories.

What schools serve 506 Richards Ln, Alexandria, VA?

506 Richards Ln, Alexandria, VA is assigned to George Mason Elementary School (elementary), rated C+; Alexandria City High School (high), rated D-; George Washington Middle School (middle). All sit in Alexandria City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 Richards Ln, Alexandria, VA compare to other homes in Alexandria 22302?

Among the 6,309 homes in Alexandria 22302, it is worth more than 97% of them ($2,106,777 against a typical $433,268), its price per square foot is higher than 25% of them ($391 against a typical $439), it is bigger than 98% of them (5,386 ft² against a typical 1,008 ft²), its lot is bigger than 61% of them (0.15 ac against a typical 4,312 ft²) and it is newer than 77% of them (1977 against a typical 1953). Measured against all of Alexandria city County, it is worth more than 97% 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 506 Richards Ln, Alexandria, VA?

The 2025 property tax bill for 506 Richards Ln, Alexandria, VA was $19,716. The county assessed it at $1,677,885.

Closest homes

More homes in Alexandria 22302

Assigned schools

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