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116 S 3rd St; Richmond, VA Property Details

116 S 3rd St, Richmond, VA is a Commercial Office that was built in 1847. This property is currently a cash purchase and is not for sale. Our records show that 116 S 3rd St has a total of 10,636 square feet. The lot size of 116 S 3rd St is 14,331 square feet.

Off market
116 S 3rd St Richmond, VA 23219
$1,938,000 Estimated Value
10,636 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1847
  • Purchase Price: $1,100,000
  • APN: W-000-0045-008
  • Situs County: Richmond City
  • Length Of Ownership: 1 year, 6 months

Structure

  • Building Style: Wood
  • Stories: 2
  • Building Condition: Average
  • Porch Type: Open
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 10,636/SqFt
  • Lot: 14,331/SqFt
  • Gross: 10,636/SqFt
  • Living: 10,636/SqFt
  • Basement: 5,294/SqFt
  • Building: 10,636/SqFt
  • Basement Unfinished: 5,294/SqFt
  • Price Per Square Foot: $103.42

Legal Description

  • Description: 0107.33X0133.50 0000.000
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Richmond City Public Schools
  • Lat / Lon: 37.539967 / -77.443306
  • Property Class: Office
  • Zoning: B-3 GENERA
  • County Use Code: 441

Amenities

  • Plus Four: 3704
  • Cooling: Yes

Ownership Info

116 S 3rd St has no associated ownership info
116 S 3rd St has no associated ownership info.

Taxes

116 S 3rd St has 10 associated Taxes items

116 S 3rd St, Richmond, VA pays taxes in Richmond City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,938,000. The APN we've located for 116 S 3rd St is W-000-0045-008.

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Taxes
  • Assessed Value:  $1,938,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  W-000-0045-008
  • Assessed Land Value:  720000
  • Market Land Value:  720000
  • Tax Amount:  23256
  • Tax Year:  2026
  • Market Value:  1938000
  • Market Year:  2026

Tax History

116 S 3rd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,938,000 Land Value $720,000 Improvement Value $1,218,000 Tax Amount $23,256 Change Rate +0.03581% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $22,452 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,871,000 Land Value $653,000 Improvement Value $1,218,000 Tax Amount $22,452 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $1,871,000 Land Value $653,000 Improvement Value $1,218,000 Tax Amount $22,452 Change Rate +0.133253% Assessed CR Tax Rate +0.012%
Year 2022 Assessed Value $1,651,000 Land Value $653,000 Improvement Value $998,000 Tax Amount $19,812 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount $19,825 Change Rate Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount $19,825 Change Rate Assessed CR Tax Rate +0.0125%
Year 2018 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount $19,825 Change Rate Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,586,000 Land Value $645,000 Improvement Value $941,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,586,000 Land Value $726,000 Improvement Value $860,000 Tax Amount $19,825 Change Rate Assessed CR Tax Rate +0.0125%