1111 Commerce Rd Richmond, VA 23224
Oak Grove Neighborhood
Studio
--
Bath
21,995
Sq Ft
3.4
Acres Lot
About This Home
This home is located at 1111 Commerce Rd, Richmond, VA 23224. 1111 Commerce Rd is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2025
Sold by
Winchester Partners Of Blair County Llc
Bought by
Roberts Va Land Richmond Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,556,000
Outstanding Balance
$2,547,105
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 4, 2021
Sold by
Upward Realty Llc
Bought by
Winchester Partners Of Blair County Llc
Purchase Details
Closed on
Apr 13, 2007
Sold by
Talman Inv Corp
Bought by
Upward Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,350
Interest Rate
6.19%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roberts Va Land Richmond Llc | $3,045,000 | None Listed On Document | |
| Winchester Partners Of Blair County Llc | $700,000 | Attorney | |
| Upward Realty Llc | $107,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roberts Va Land Richmond Llc | $2,556,000 | |
| Previous Owner | Upward Realty Llc | $944,350 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,416 | $1,868,000 | $1,128,000 | $740,000 |
| 2024 | $19,428 | $1,619,000 | $879,000 | $740,000 |
| 2023 | $17,184 | $1,432,000 | $627,000 | $805,000 |
| 2022 | $16,500 | $1,375,000 | $570,000 | $805,000 |
| 2020 | $15,780 | $1,315,000 | $533,000 | $782,000 |
| 2019 | $14,556 | $1,213,000 | $444,000 | $769,000 |
| 2018 | $12,900 | $1,075,000 | $336,000 | $739,000 |
| 2017 | $12,900 | $1,075,000 | $336,000 | $739,000 |
| 2016 | $12,900 | $1,075,000 | $336,000 | $739,000 |
| 2015 | $12,900 | $1,075,000 | $444,000 | $631,000 |
| 2014 | $12,900 | $1,075,000 | $444,000 | $631,000 |
Source: Public Records
Map
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