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Single Family ResidenceResidential
$1,072,172$324 / 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 81How 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

514 SOMERSET AVE

RICHMOND, VA 23226
4
Beds
3
Baths
3,308 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1947
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.1M
$865K low$1.3M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,108 (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.$759,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$200,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$559,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$707,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$759,000

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.Ranch
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.1989
Lot (acres)The size of the land the home sits on, from county records.0.23
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
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 · 115 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 · 1.5 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 2.0 mi
M
Albert Hill Middle SchoolC-
Middle · Grades 6–8 · 2.4 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23226These 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.75
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.69

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.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.0%
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.17,742
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,727 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$132,727
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$174,605
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

514 Somerset 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 more than 95% of homes in Richmond city County
  • Costs less per square foot than 80% of homes in Three Chopt
  • Bigger than 94% of homes in Richmond city County
  • Has a bigger lot than 68% of homes in Richmond city County
  • Older than 65% of homes in Richmond 23226

What homes are worth in Richmond 23226

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

This home
$223K$2.9M

This home is worth more than 78% of homes in Richmond 23226.

How it measures up in Richmond 23226

The dot is this home. The mark in the middle is the typical home in Richmond 23226.

Estimated value$1,072,172
CheaperTypical $585,148Pricier

Pricier than 78% of homes nearby

Price per ft²$324
CheaperTypical $364Pricier

Pricier than 33% of homes nearby

Living area3,308 ft²
SmallerTypical 1,711 ft²Bigger

Bigger than 85% of homes nearby

Lot size0.23 ac
SmallerTypical 0.22 acBigger

Bigger than 52% of homes nearby

Year built1947
OlderTypical 1950Newer

Newer than 35% of homes nearby

How 514 Somerset Ave ranks against every home in each area.
MeasureThis homeThree ChoptRichmond 23226Richmond city County
Estimated valuepricier than$1,072,17270% of homes78% of homes95% of homes
Price per ft²pricier than$32420% of homes33% of homes77% of homes
Living areabigger than3,308 ft²79% of homes85% of homes94% of homes
Lot sizebigger than0.23 ac57% of homes52% of homes68% of homes
Year builtnewer than194745% of homes35% of homes49% of homes

About 514 Somerset Ave

How much is 514 Somerset Ave, Richmond, VA worth?

The TopHap Estimate for 514 Somerset Ave, Richmond, VA is $1,072,172 as of Sep 24, 2026. The likely range is $864,886 to $1,279,458. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 514 Somerset Ave, Richmond, VA last sell?

514 Somerset Ave, Richmond, VA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 514 Somerset Ave, Richmond, VA?

514 Somerset Ave, Richmond, VA has 4 bedrooms, 3 bathrooms, 3,308 square feet of living space and a 0.23-acre lot.

When was 514 Somerset Ave, Richmond, VA built?

514 Somerset Ave, Richmond, VA was built in 1947, making it 79 years old. It is a ranch home. The building has 1 story.

What schools serve 514 Somerset Ave, Richmond, VA?

514 Somerset 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 514 Somerset Ave, Richmond, VA compare to other homes in Richmond 23226?

Among the 7,030 homes in Richmond 23226, it is worth more than 78% of them ($1,072,172 against a typical $585,148), its price per square foot is higher than 33% of them ($324 against a typical $364), it is bigger than 85% of them (3,308 ft² against a typical 1,711 ft²), its lot is bigger than 52% of them (0.23 ac against a typical 0.22 ac) and it is newer than 35% of them (1947 against a typical 1950). Measured against all of Richmond city County, it is worth more than 95% 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 514 Somerset Ave, Richmond, VA?

The 2026 property tax bill for 514 Somerset Ave, Richmond, VA was $9,108. The county assessed it at $759,000.

More homes on Somerset Ave

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More homes in Richmond 23226

Assigned schools

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