For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Richmond 23224 Piney Knolls
5416 Walmsley Boulevard
$198,000
● House - Off Market

5416 Walmsley Boulevard

Richmond, VA 23224
bedrooms
3 Beds
bathrooms
1 Bath
$213,667
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Lovely Brick Rancher in South Richmond on a large, shady, private, fenced, corner lot.  Large eat in kitchen includes refrigerator, stove and a brand new washer dryer.  Three bedrooms, 1 refurbished bath, refinished hardwood floors.  Lots of closet space with  his and hers sliding, mirrored, closet doors in the master bedroom.  Heat pump.  Close to Rt 150 and I95.  This is a wonderful southside rancher for a homeowner but would also make a great investment property for a lucky investor.
Unit Size
-
Days on Market
74 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1958

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2125295)

Price History

Date / Event Date Event Price
Oct 27, 2021 Sold
Premium
Sold
Aug 13, 2021 Listed by Continental Real Estate Group $189,850
Listed by Continental Real Estate Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,215
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 470
  • Total Building Area: 975
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROAD ROCK MANOR
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: BROAD ROCK MANOR L8 BF 0047.22X0173.97 0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 070803

Zoning

  • Zoning: R-4 SINGLE

Geography

  • District: 903
  • Parcel: C-008-0740-062
  • Municipality: SOUTH CENTRAL
  • Latitude: 37.4727
  • Longitude: -77.4952

    Address

  • Full Address: 5416 Walmsley Blvd
  • Address - House Number: 5416
  • Address - Street Name: Walmsley
  • Address - Suffix Type: Blvd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C009
  • 4-Digit Zip Code: 5936
  • Zip Code: 23224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,200

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 235,301
  • High Value: 286,947
  • Low Value: 183,655

    Market Valuation

  • Market Total Value: $181,000
  • Market Land Value: $76,000
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,000
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 210030832

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Richmond

Stats & Trends

Median Asking:

$273,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1590 ft²

Average Home Age

36.4 years

Currently For Sale

46 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1501 Ivymount Road, Richmond, VA, 23225

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,084 ft²
1501 Ivymount Road, Richmond, VA, 23225 Listing by Jenner Rodriguez
Unit for rent at 6117 Primrose Path Road, Richmond, VA, 23224

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,951 ft²
6117 Primrose Path Road #6117, Richmond, VA, 23224 Listing by Tharak Alapilla Sudhakar

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Derek Eisenberg, Continental Real Estate Group
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2125295
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 5416 Walmsley Boulevard built and last sold?
The property at 5416 Walmsley Boulevard was built in 1958 and last sold on Oct 20, 2021 for $198,000.
How much is this home worth?
The estimated value of the home located at 5416 Walmsley Boulevard is $0.
What are some comparable homes to 5416 Walmsley Boulevard?
There are currently no comparable homes to 5416 Walmsley Boulevard.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Richmond Homes for Sale
Richmond Houses for Sale
Richmond Condos for Sale
Richmond Townhouses for Sale
Richmond Multifamily for Sale
Richmond Land for Sale
Richmond Commercial for Sale
Richmond Homes with Basements
Nearby Cities
Mechanicsville Homes for Sale
Tuckahoe Homes for Sale
Short Pump Homes for Sale
Chester Homes for Sale
Glen Allen Homes for Sale
Meadowbrook Homes for Sale
Highland Springs Homes for Sale
Brandermill Homes for Sale
Nearby Property Records
Richmond city, VA Property Records
Henrico County, VA Property Records
Chesterfield County, VA Property Records
Hanover County, VA Property Records
Hopewell city, VA Property Records
Charles City County, VA Property Records
Colonial Heights city, VA Property Records
Petersburg city, VA Property Records
Neighborhoods
The Fan Real Estate
The Museum District Real Estate
Church Hill Real Estate
Stratford Hills Real Estate
Church Hill North Real Estate
North Highland Park Real Estate
Huguenot Real Estate
Northern Barton Heights Real Estate
Nearby Counties
Chesterfield Homes for Sale
Henrico Homes for Sale
Hanover Homes for Sale
Top Real Estate Agents
Top Agents in Piney Knolls
Top Agents in Richmond
Top Agents in Chesterfield
Top Agents in Henrico
Top Agents in Hanover
Top Agents in 23112
Top Agents in 23223
Top Agents in 23059