NOT LISTED FOR SALE

1111 Commerce Rd Richmond, VA 23224

Oak Grove Neighborhood
-- Bed
-- Bath
21,995 Sq Ft
3.4 Acres

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
$2,556,000
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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

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
2021 $15,780 $1,315,000 $533,000 $782,000
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

Virginia Richmond City County Richmond 23224 Oak Grove

1111 Commerce Rd, Richmond, VA

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