Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$242,097$178 / 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 94How 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 $369,000 on Mar 14, 2025

5407 SALEM ST

RICHMOND, VA 23231
3
Beds
2.5
Baths
1,360 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
2025
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$242K
$228K low$256K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$369,000 · Mar 14, 2025
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.103%
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.$258,300
EVERSTREAM MORTGAGE · recorded Mar 14, 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.$60,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$290,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$60,000
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.Single Family Residence
CountyRICHMOND CITY
Lot (acres)The size of the land the home sits on, from county records.0.12
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

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
Chimborazo Elementary SchoolC-
Elementary · Grades PK–5 · 1.7 mi
M
Martin Luther King, Jr. Middle SchoolF
Middle · Grades 6–8 · 2.6 mi
H
Armstrong High SchoolD-
High · Grades 9–12 · 3.0 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.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

5407 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 more than 83% of homes in Fulton
  • Costs more per square foot than 82% of homes in Fulton
  • Has a smaller lot than 94% of homes in Henrico 23231
  • Among the newest homes in Fulton

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
$105K$602K

This home is worth more than 56% 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$242,097
CheaperTypical $227,830Pricier

Pricier than 56% of homes nearby

Price per ft²$178
CheaperTypical $143Pricier

Pricier than 75% of homes nearby

Living area1,360 ft²
SmallerTypical 1,577 ft²Bigger

Bigger than 38% of homes nearby

Lot size0.12 ac
SmallerTypical 0.33 acBigger

Bigger than 6% of homes nearby

Year built2025
OlderTypical 1987Newer

Newer than almost all homes nearby

How 5407 Salem St ranks against every home in each area.
MeasureThis homeFultonHenrico 23231Richmond city County
Estimated valuepricier than$242,09783% of homes56% of homes46% of homes
Price per ft²pricier than$17882% of homes75% of homes54% of homes
Living areabigger than1,360 ft²59% of homes38% of homes37% of homes
Lot sizebigger than0.12 ac16% of homes6% of homes34% of homes
Year builtnewer than2025almost all homesalmost all homesalmost all homes

About 5407 Salem St

How much is 5407 Salem St, Richmond, VA worth?

The TopHap Estimate for 5407 Salem St, Richmond, VA is $242,097 as of Jul 14, 2026. The likely range is $227,951 to $256,243. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5407 Salem St, Richmond, VA last sell?

5407 Salem St, Richmond, VA last sold on Mar 14, 2025 for $369,000, according to the county's recorded deed.

How big is 5407 Salem St, Richmond, VA?

5407 Salem St, Richmond, VA has 3 bedrooms, 2.5 bathrooms, 1,360 square feet of living space and a 0.12-acre lot.

When was 5407 Salem St, Richmond, VA built?

5407 Salem St, Richmond, VA was built in 2025, making it 1 years old. The building has 2 stories.

What schools serve 5407 Salem St, Richmond, VA?

5407 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 5407 Salem St, Richmond, VA compare to other homes in Henrico 23231?

Among the 13,590 homes in Henrico 23231, it is worth more than 56% of them ($242,097 against a typical $227,830), its price per square foot is higher than 75% of them ($178 against a typical $143), it is bigger than 38% of them (1,360 ft² against a typical 1,577 ft²), its lot is bigger than 6% of them (0.12 ac against a typical 0.33 ac) and it is newer than almost all of them (2025 against a typical 1987). Measured against all of Richmond city County, it is worth more than 46% 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 5407 Salem St, Richmond, VA?

The 2026 property tax bill for 5407 Salem St, Richmond, VA was $4,200. The county assessed it at $350,000.

Closest homes

More homes in Richmond 23231

Assigned schools

Explore the area

See this home in context

Open 5407 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