700 E Franklin St, Richmond, VA 23219 Property Records

Richmond City property record for 700 E Franklin St, Richmond, VA 23219

Property Summary

Property TypeHigh-Rise Apartments
Details68,676 sqft · built 1951
Lot Size0.533 acres (23,217 sqft)
OwnerCompany Name on Record
Last Sale$28,000,000 (Jun 2026)
Tax Bill$424,872 (2026)
Deeds & MortgagesJun 2026 Sale & Mortgage
APNW-000-0003-021

Property Details

APN / Parcel Number

Primary APNW-000-0003-021

Interior

Units712 Units
Stories12 Stories
Building Area68,676 sqft Total Area
Basement Area7,326 sqft
Unfinished Basement5,723 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1951
Effective Year BuiltEffective 1951
Exterior MaterialBrick
Roof MaterialBuilt-Up Asphalt
Lot Area23,217 sqft (0.533 acres)
Lot Dimensions110 ft deep x 210 ft wide
Total Buildings3 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHot Water

Location & Zoning

Street Address700 E FRANKLIN ST
CityRICHMOND
StateVA
Zip23219-2314
Property CategoryCommercial
Property TypeResidential > Multi-Unit > High-Rise Apartments
Local Zoning CodeB-4 CENTRA
Legal Description0210.42X0110.25 0000.000
JurisdictionRICHMOND CITY VA
Township / Civil DivisionRICHMOND
Census Block Group1
Census Block1008
Census Tract30502

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Main Street Banking Historic District (Boundary Decrease)
listed 2025 · 14 contributing resources · NRIS 05000527

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Richmond City records, as of August 11, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address999 WATERSIDE DR, 2300, NORFOLK, VA 23510-3324
Owner TypeCompany
VestingLimited Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 1, 2026 · Amount on Record
Deed SaleJun 1, 2026 · Amount on Record
Prior SaleJun 25, 2013 · Amount on Record
Deed Document Number202610016
Record UpdatedSep 20, 2026

June 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionRICHMOND CITY VA
Recording DateJun 1, 2026
Property Address700 E FRANKLIN ST, RICHMOND, VA 23219-2314
Document Number0000010016
Instrument DateMay 20, 2026
Instrument202610016
Transaction TypeTransfer
Record UpdatedAug 11, 2026
Title CompanySTEWART TITLE, STEWART TITLE GUARANTY COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,828,000.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address999 WATERSIDE DR, 2300, NORFOLK, VA 23510-3324

Mortgage

Document Number0000010017,
DateJun 1, 2026
Instrument202610017
Lender
NamePGIM R/E FINANCIAL LLC
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term84 Months
DueJun 1, 2033
Interest
Rate6.3%
Max Rate-1%

Tax Assessment & Valuation

Source: Richmond City assessment roll, as of August 10, 2026

Property Jurisdictions

TypeName
StateVirginia
MunicipalityRichmond City
Unified School DistrictRichmond City Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$424,872.00 (+10.9%)$35,406,000 (+10.69%) Land $4,350,000 Building $31,056,000$35,406,000 (+10.69%) Land $4,350,000 Building $31,056,000
2025$383,112.00 (+1,915,46%)
2024$31,987,000 Land $4,350,000 Building $27,637,000
2023$31,987,000 Land $4,350,000 Building $27,637,000
2020$20.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF RICHMOND
serves 233,655 people · EPA ID VA4760100
Water SourceSurface water
Last State InspectionFeb 2026
Lead4 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureOrganic carbon removal
Jul 2020
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 168 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
AT&T
Fixed Wireless
100 / 20

May also be available: T-Mobile, Verizon.

Nearby Properties on E Franklin St

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