Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$119,709$122 / 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 91How 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 $76,500 on Sep 19, 2013

5111 SALEM ST

RICHMOND, VA 23231
2
Beds
1
Baths
980 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.
0.17 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.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$120K
$108K low$131K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$76,500 · Sep 19, 2013
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.$53,910
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$43,128
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.55%
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.$65,799
PENNYMAC LOAN SERVICES LLC · R · 3.88% 2 · recorded Aug 3, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,376 (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.$198,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$60,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$138,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$185,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$198,000

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.1980
Lot (acres)The size of the land the home sits on, from county records.0.17
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.Porch · 188 ft²

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Chimborazo Elementary SchoolC-
Elementary · Grades PK–5 · 1.5 mi
M
Martin Luther King, Jr. Middle SchoolF
Middle · Grades 6–8 · 2.4 mi
H
Armstrong High SchoolD-
High · Grades 9–12 · 2.7 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23231These 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.115
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 100.56

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.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
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.37,353
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.373 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,453
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$97,235
Average tempThe average temperature here across a full year.59°F
Annual precipHow much rain and melted snow falls here in a typical year.45 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

5111 Salem 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.

  • Worth less than 96% of homes in Henrico 23231
  • Costs less per square foot than 79% of homes in Richmond city County
  • Smaller than 87% of homes in Henrico 23231
  • Has a smaller lot than 86% of homes in Henrico 23231
  • Older than 97% of homes in Henrico 23231

What homes are worth in Henrico 23231

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

This home
$109K$599K

This home is worth more than 4% of homes in Henrico 23231.

How it measures up in Henrico 23231

The dot is this home. The mark in the middle is the typical home in Henrico 23231.

Estimated value$119,709
CheaperTypical $227,567Pricier

Pricier than 4% of homes nearby

Price per ft²$122
CheaperTypical $144Pricier

Pricier than 27% of homes nearby

Living area980 ft²
SmallerTypical 1,568 ft²Bigger

Bigger than 13% of homes nearby

Lot size0.17 ac
SmallerTypical 0.33 acBigger

Bigger than 14% of homes nearby

Year built1925
OlderTypical 1987Newer

Newer than 3% of homes nearby

How 5111 Salem St ranks against every home in each area.
MeasureThis homeFultonHenrico 23231Richmond city County
Estimated valuepricier than$119,70913% of homes4% of homes10% of homes
Price per ft²pricier than$12228% of homes27% of homes21% of homes
Living areabigger than980 ft²26% of homes13% of homes15% of homes
Lot sizebigger than0.17 ac63% of homes14% of homes54% of homes
Year builtnewer than192517% of homes3% of homes27% of homes

About 5111 Salem St

How much is 5111 Salem St, Richmond, VA worth?

The TopHap Estimate for 5111 Salem St, Richmond, VA is $119,709 as of Jul 14, 2026. The likely range is $108,426 to $130,992. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5111 Salem St, Richmond, VA last sell?

5111 Salem St, Richmond, VA last sold on Sep 19, 2013 for $76,500, according to the county's recorded deed. TopHap holds 5 recorded sales for this parcel.

How big is 5111 Salem St, Richmond, VA?

5111 Salem St, Richmond, VA has 2 bedrooms, 1 bathrooms, 980 square feet of living space and a 0.17-acre lot.

When was 5111 Salem St, Richmond, VA built?

5111 Salem 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 5111 Salem St, Richmond, VA?

5111 Salem St, Richmond, VA is assigned to Chimborazo Elementary School (elementary), rated C-; Martin Luther King, Jr. Middle School (middle), rated F; Armstrong High School (high), rated D-. All sit in Richmond City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5111 Salem St, Richmond, VA compare to other homes in Henrico 23231?

Among the 13,590 homes in Henrico 23231, it is worth more than 4% of them ($119,709 against a typical $227,567), its price per square foot is higher than 27% of them ($122 against a typical $144), it is bigger than 13% of them (980 ft² against a typical 1,568 ft²), its lot is bigger than 14% of them (0.17 ac against a typical 0.33 ac) and it is newer than 3% of them (1925 against a typical 1987). Measured against all of Richmond city County, it is worth more than 10% 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 5111 Salem St, Richmond, VA?

The 2026 property tax bill for 5111 Salem St, Richmond, VA was $2,376. The county assessed it at $198,000.

Closest homes

More homes in Richmond 23231

Assigned schools

Explore the area

See this home in context

Open 5111 Salem St 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