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1503 Michaels Rd; Richmond, VA Property Details

1503 Michaels Rd, Richmond, VA is a Hospital-private that was built in 1976. This property is currently a cash purchase and is not for sale. Our records show that 1503 Michaels Rd has 20 bedrooms, and 2 bathrooms, and a total of 70,467 square feet. The lot size of 1503 Michaels Rd is 358,281 square feet.

Off market
1503 Michaels Rd Richmond, VA 23229
$15,488,600 Estimated Value
20 Beds
2 Baths
70,467 SqFt
Property Type
Hospital-private
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1976
  • Purchase Price: $2,250,000
  • Open Loans / Balance: 1 / $19,114,328
  • APN: 757-744-9227
  • Situs County: Henrico
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 20
  • Bathrooms: 2
  • Total Rooms: 72

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 70,467/SqFt
  • Lot: 358,281/SqFt
  • Gross: 111,426/SqFt
  • Living: 70,467/SqFt
  • Basement: 39,058/SqFt
  • Building: 70,467/SqFt
  • Basement Finished: 39,058/SqFt
  • Price Per Square Foot: $31.93

Legal Description

  • Description: 00910A0000 0047A; NS THREE CHOPT RD AC 8.225 84 A2 5
Building Insights

Land Information

  • Property Type: Hospital-PRIVATE
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Henrico County Public Schools
  • Lat / Lon: 37.602043 / -77.55065
  • Property Class: Exempt
  • Zoning: A-1
  • County Use Code: 331

Amenities

  • Plus Four: 4822
  • Cooling: Chilled Water
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Hot Water

Ownership Info

1503 Michaels Rd has no associated ownership info
1503 Michaels Rd has no associated ownership info.

Taxes

1503 Michaels Rd has 10 associated Taxes items

1503 Michaels Rd, Richmond, VA pays taxes in Henrico County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $15,488,600. The APN we've located for 1503 Michaels Rd is 757-744-9227.

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Taxes
  • Assessed Value:  $15,488,600
  • Assessed Year:  2026
  • Assessed County:  Henrico
  • APN:  757-744-9227
  • Assessed Land Value:  1612300
  • Market Land Value:  1612300
  • Tax Amount:  128555.38
  • Tax Year:  2026
  • Market Value:  15488600
  • Market Year:  2026

Tax History

1503 Michaels Rd has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $15,488,600 Land Value $1,612,300 Improvement Value $13,876,300 Tax Amount $128,555.38 Change Rate Assessed CR Tax Rate +0.0083%
Year 2025 Assessed Value $15,526,600 Land Value $1,612,300 Improvement Value $13,914,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $14,699,000 Land Value $1,612,300 Improvement Value $13,086,700 Tax Amount $131,976.09 Change Rate +0.081756% Assessed CR Tax Rate +0.008979%
Year 2023 Assessed Value $14,699,000 Land Value $1,612,300 Improvement Value $13,086,700 Tax Amount $122,001.7 Change Rate -0.091125% Assessed CR Tax Rate +0.0083%
Year 2022 Assessed Value $18,031,100 Land Value $1,612,300 Improvement Value $16,418,800 Tax Amount $134,233.7 Change Rate Assessed CR Tax Rate +0.007445%
Year 2021 Assessed Value $15,575,800 Land Value $1,612,300 Improvement Value $13,963,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $15,575,800 Land Value $1,612,300 Improvement Value $13,963,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $15,238,000 Land Value $1,433,100 Improvement Value $13,804,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $14,570,100 Land Value $1,433,100 Improvement Value $13,137,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $14,721,000 Land Value $1,433,100 Improvement Value $13,287,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $14,539,500 Land Value $1,433,100 Improvement Value $13,106,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $14,374,200 Land Value $1,433,100 Improvement Value $12,941,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,948,300 Land Value $1,433,100 Improvement Value $12,515,200 Tax Amount Change Rate Assessed CR Tax Rate
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