NOT LISTED FOR SALE

1218 Palmyra Ave Richmond, VA 23227

Laburnum Park Neighborhood

Estimated Value: $663,646 - $712,000

4 Beds
1 Bath
2,331 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 1218 Palmyra Ave, Richmond, VA 23227 and is currently estimated at $698,662, approximately $299 per square foot. 1218 Palmyra Ave is a home located in Richmond City with nearby schools including Linwood Holton Elementary School, Henderson Middle School, and John Marshall High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Smailus Yust Living Trust and Smailus Walter D
Bought by
Penick Marsha L
Current Estimated Value
$698,662

Purchase Details

Closed on
Feb 21, 2020
Sold by
Yust Karen
Bought by
Smailus Walter D and Yust Karen

Purchase Details

Closed on
Jul 6, 2005
Sold by
Union Theological Sem Pre
Bought by
Yust Karen and Schutt,Brady L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Penick Marsha L $700,000 First American Title Insurance
Smailus Walter D -- None Available
Yust Karen $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yust Karen $340,000
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 $5,076 $423,000 $165,000 $258,000
2024 $4,956 $413,000 $155,000 $258,000
2023 $4,608 $384,000 $135,000 $249,000
2022 $3,660 $330,000 $95,000 $235,000
2021 $3,660 $309,000 $75,000 $234,000
2020 $3,660 $305,000 $75,000 $230,000
2019 $3,420 $285,000 $75,000 $210,000
2018 $3,264 $272,000 $80,000 $192,000
2017 $2,688 $261,000 $65,000 $196,000
2016 $2,904 $242,000 $60,000 $182,000
2015 $2,688 $240,000 $60,000 $180,000
2014 $2,688 $224,000 $60,000 $164,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23227 Laburnum Park

1218 Palmyra Ave, Richmond, VA

Not Listed for Sale

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