When was property at 5516 Willis Lane built and last sold?

The property at 5516 Willis Lane was built in 1949 and last sold on Oct 20, 2022 for $275,000.

How much is this home worth?

The estimated value of the home located at 5516 Willis Lane is $0.

What are some comparable homes to 5516 Willis Lane?

There are currently no comparable homes to 5516 Willis Lane.

Lakeside

23228

5516 Willis Lane

$275,000

● House - Off Market

5516 Willis Lane

Henrico, VA 23228

3 Beds

1 Bath

$284,931

RealtyHop Estimate

5.53%

Since Dec 1, 2022

National-US

Primary Model

About This Property

3 bedroom, 1 bath ranch in Lakeside with a large walk-up attic that could be finished off or used for additional storage. Potential to add a lot of square footage. Beautiful wood floors just refinished and the interior was recently painted.

Unit Size

Days on Market

27 days

Land Size

0.19 acres

Price per sqft

Property Type

House

Property Taxes

$137

HOA Dues

Year Built

1949

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (CVRMLS #2227801)

Price History

Date / Event	Date	Event
Nov 4, 2022	Sold	Premium
Sold
Oct 7, 2022	Listed by Broad Sky Realty	$270,000
Listed by Broad Sky Realty
May 5, 2016	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1949

Effective Year Built: 1968
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 0
Construction Type: 0
Building Style: 11
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 6
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,458

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 580
Total Building Area: 1,057
Gross Building Area: 1,296
Building Area: 1,057
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 8
Heated Square Feet: 1,057
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: SCHULTZ A F
Land Acres: 0000000194
Standard Land Use Code: 1001
County Land Use Code: 210
Legal Description 1: 0094080000B 0043; SCHULTZ A F SC B LT 43 96 A2 5

Neighborhood

School District Name: Henrico County Public Schools

Census Tract: 200600

Zoning

Zoning: R-4

Geography

Account Number: PH0049009

District: FAIRFIELD
Parcel: 778-745-8146
Lot: 43,96
Municipality: BROOKLAND
Latitude: 37.605
Longitude: -77.4784

Address

Full Address: 5516 Willis Ln

Address - House Number: 5516
Address - Street Name: Willis
Address - Suffix Type: Ln
State: VA
City Name: Henrico
Carrier Code: C010
4-Digit Zip Code: 5936
Zip Code: 23228

Valuation

Tax

Tax Year: 2023

Tax Amount: $187,000

Appraisal Valuation

Standard Deviation: 0.1414

Valuation Date: Oct 11, 2023
Confidence Score: 83
Final Value: 282,593
High Value: 322,579
Low Value: 242,606

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $220,000

Market Land Value: $74,000
Market Improvement Value: $146,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $220,000
Assessed Land Value: $74,000
Assessed Improvements Value: $146,000

Sales

Current Sale Contract Date: Oct 20, 2022

Current Sale Recording Date: Nov 04, 2022
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 37011
Previous Sale Recording Date: May 05, 2016
Previous Sale Contract Date: May 03, 2016
Previous Sale Amount: $133,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lakeside

Stats & Trends

Median Asking:

$349,950

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

Average Home Size

1388 ft²

Average Home Age

54.5 years

Currently For Sale

10 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

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$3,000 /mo

4 Beds
2 Baths
2,109 ft²

1724 Wilmington Avenue, Richmond, VA, 23227 Listing by Neville Johnson

Unit for rent at 1510 Americana Drive, Henrico, VA, 23228

$1,775 /mo

3 Beds
1 Bath
1,246 ft²

1510 Americana Drive, Henrico, VA, 23228 Listing by Deanna Morton

Unit for rent at 5312 Masons Lane, Richmond, VA, 22230

$3,100 /mo

2 Beds
4 Baths
1,802 ft²

5312 Masons Lane, Richmond, VA, 22230 Listing by Kay Shobe

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jennifer James, Broad Sky Realty
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2227801

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

5516 Willis Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Lakeside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions