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1516 Michaels Rd; Richmond, VA Property Details

1516 Michaels Rd, Richmond, VA is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 1516 Michaels Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,835 square feet. The lot size of 1516 Michaels Rd is 69,696 square feet.

Off market
1516 Michaels Rd Richmond, VA 23229
$376,000 Listing Price
3 Beds
2 Baths
1,835 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1957
  • Purchase Price: $376,000
  • Open Loans / Balance: 1 / $233,019
  • Est. Equity / %: $229,981 / 49.67%
  • Gross Yield: 7.148%
  • APN: 757-744-6672
  • Situs County: Henrico
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Porch Type: Covered
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,835/SqFt
  • Lot: 69,696/SqFt
  • Gross: 2,497/SqFt
  • Living: 1,835/SqFt
  • Building: 1,835/SqFt
  • Ground: 1,835/SqFt
  • Price Per Square Foot: $204.90

Legal Description

  • Description: 0091020000A 0004A; MICHAELS EVA S BL A LT PT 4 & ADJ PARCEL 84 A2 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Henrico County Public Schools
  • Lat / Lon: 37.603565 / -77.551414
  • Subdivision: Michaels Eva S
  • Property Class: Residential
  • Zoning: R-2
  • County Use Code: 210

Amenities

  • Plus Four: 4823
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

1516 Michaels Rd has no associated ownership info
1516 Michaels Rd has no associated ownership info.

Taxes

1516 Michaels Rd has 10 associated Taxes items

1516 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 $423,300. The APN we've located for 1516 Michaels Rd is 757-744-6672.

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Taxes
  • Assessed Value:  $423,300
  • Assessed Year:  2026
  • Assessed County:  Henrico
  • APN:  757-744-6672
  • Assessed Land Value:  104000
  • Market Land Value:  104000
  • Tax Amount:  3513.4
  • Tax Year:  2026
  • Market Value:  423300
  • Market Year:  2026

Tax History

1516 Michaels Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $423,300 Land Value $104,000 Improvement Value $319,300 Tax Amount $3,513.4 Change Rate Assessed CR Tax Rate +0.0083%
Year 2025 Assessed Value $385,400 Land Value $83,200 Improvement Value $302,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $372,800 Land Value $83,200 Improvement Value $289,600 Tax Amount $3,275.9 Change Rate +0.033798% Assessed CR Tax Rate +0.008787%
Year 2023 Assessed Value $372,800 Land Value $83,200 Improvement Value $289,600 Tax Amount $3,168.8 Change Rate +0.229141% Assessed CR Tax Rate +0.0085%
Year 2022 Assessed Value $303,300 Land Value $72,800 Improvement Value $230,500 Tax Amount $2,578.06 Change Rate +0.124582% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $246,900 Land Value $64,500 Improvement Value $182,400 Tax Amount $2,292.46 Change Rate +0.067233% Assessed CR Tax Rate +0.009285%
Year 2020 Assessed Value $246,900 Land Value $64,500 Improvement Value $182,400 Tax Amount $2,148.04 Change Rate +0.015214% Assessed CR Tax Rate +0.0087%
Year 2019 Assessed Value $243,700 Land Value $64,500 Improvement Value $179,200 Tax Amount $2,115.85 Change Rate +0.104456% Assessed CR Tax Rate +0.008682%
Year 2018 Assessed Value $242,700 Land Value $64,500 Improvement Value $178,200 Tax Amount $1,915.74 Change Rate Assessed CR Tax Rate +0.007893%
Year 2017 Assessed Value $220,200 Land Value $58,200 Improvement Value $162,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $220,200 Land Value $58,200 Improvement Value $162,000 Tax Amount $1,915.74 Change Rate Assessed CR Tax Rate +0.0087%
Year 2015 Assessed Value $216,100 Land Value $54,100 Improvement Value $162,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $216,100 Land Value $54,100 Improvement Value $162,000 Tax Amount $1,880.08 Change Rate Assessed CR Tax Rate +0.0087%