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Single Family ResidenceResidential
$128,688$124 / 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 84How 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

5506 SIMPSON AVE

RICHMOND, VA 23231
3
Beds
1
Baths
1,040 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.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
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

$129K
$109K low$149K high
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.$128,688
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$102,950

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,496 (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.$208,000 (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.$148,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$189,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$208,000

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.1987
Lot (acres)The size of the land the home sits on, from county records.0.13
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

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
Bellevue Elementary SchoolD+
Elementary · Grades PK–5 · 2.0 mi
M
Martin Luther King, Jr. Middle SchoolF
Middle · Grades 6–8 · 2.5 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.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

5506 Simpson 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 93% of homes in Henrico 23231
  • Costs less per square foot than 78% of homes in Richmond city County
  • Smaller than 81% of homes in Henrico 23231
  • Has a smaller lot than 92% of homes in Henrico 23231
  • Newer than 71% of 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$585K

This home is worth more than 7% 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$128,688
CheaperTypical $227,567Pricier

Pricier than 7% of homes nearby

Price per ft²$124
CheaperTypical $144Pricier

Pricier than 29% of homes nearby

Living area1,040 ft²
SmallerTypical 1,568 ft²Bigger

Bigger than 19% of homes nearby

Lot size0.13 ac
SmallerTypical 0.33 acBigger

Bigger than 8% of homes nearby

Year built1961
OlderTypical 1987Newer

Newer than 29% of homes nearby

How 5506 Simpson Ave ranks against every home in each area.
MeasureThis homeFultonHenrico 23231Richmond city County
Estimated valuepricier than$128,68819% of homes7% of homes13% of homes
Price per ft²pricier than$12429% of homes29% of homes22% of homes
Living areabigger than1,040 ft²34% of homes19% of homes19% of homes
Lot sizebigger than0.13 ac29% of homes8% of homes37% of homes
Year builtnewer than196171% of homes29% of homes71% of homes

About 5506 Simpson Ave

How much is 5506 Simpson Ave, Richmond, VA worth?

The TopHap Estimate for 5506 Simpson Ave, Richmond, VA is $128,688 as of Jul 14, 2026. The likely range is $108,539 to $148,837. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5506 Simpson Ave, Richmond, VA last sell?

5506 Simpson Ave, Richmond, VA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5506 Simpson Ave, Richmond, VA?

5506 Simpson Ave, Richmond, VA has 3 bedrooms, 1 bathrooms, 1,040 square feet of living space and a 0.13-acre lot.

When was 5506 Simpson Ave, Richmond, VA built?

5506 Simpson Ave, Richmond, VA was built in 1961, making it 65 years old. It is a ranch home. The building has 1 story.

What schools serve 5506 Simpson Ave, Richmond, VA?

5506 Simpson Ave, Richmond, VA is assigned to Bellevue Elementary School (elementary), rated D+; 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 5506 Simpson Ave, Richmond, VA compare to other homes in Henrico 23231?

Among the 13,590 homes in Henrico 23231, it is worth more than 7% of them ($128,688 against a typical $227,567), its price per square foot is higher than 29% of them ($124 against a typical $144), it is bigger than 19% of them (1,040 ft² against a typical 1,568 ft²), its lot is bigger than 8% of them (0.13 ac against a typical 0.33 ac) and it is newer than 29% of them (1961 against a typical 1987). Measured against all of Richmond city County, it is worth more than 13% 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 5506 Simpson Ave, Richmond, VA?

The 2026 property tax bill for 5506 Simpson Ave, Richmond, VA was $2,496. The county assessed it at $208,000.

Closest homes

More homes in Richmond 23231

Assigned schools

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