NOT LISTED FOR SALE

1401 Leicester Rd Richmond, VA 23225

Cedarhurst Neighborhood

Estimated Value: $388,000 - $411,661

4 Beds
2 Baths
1,525 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $377,000 $247 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,524/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Porch
  • Open High School Rated A+
  • Wood Flooring
  • Central Air

About This Home

As of December 2023

Set on just under a half acre in Westover Terrace, this four bedroom / two bathroom corner-lot Cape built in 1951 is ready for new owners. The flowing layout features beautiful hardwood floors, replacement windows, central HVAC, and a roof that was replaced in 2018. The kitchen has been stylishly outfitted and is set between the formal dining area and a more casual eat-in space/breakfast nook, making cooking and entertaining easy and convenient. The upstairs bathroom was renovated in 2019 and is set next to the dedicated laundry room. The large backyard creates a great setting for gardening and entertaining while the screened in side porch and adjoining deck makes relaxing outdoors a breeze. Just a short distance from Forest Hill Park, James River Park System access, Stratford Hills shopping, Carytown, and Downtown/VCU, the convenient location just adds even more to this terrific home.

Last Agent to Sell the Property

Justin Owen

The Steele Group License #0225197051 Listed on: 11/16/2023

The Steele Group

Last Buyer's Agent

Kong Nou

The Steele Group License #0225208218

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1951

Lot Details

  • 0.41 Acre Lot
  • Back Yard Fenced
  • Zoning described as R-3

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Southampton Elementary School
  • Lucille Brown Middle School
  • Huguenot High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Westover Terrace Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number C005-0483-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,684

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Property Attached Yn: No
  • Lot Size Acres: 0.414
  • Ownership: Individuals
  • Subdivision Name: Westover Terrace
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area
  • Living Area: 1525.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lucille Brown

Lot Info

  • Parcel Number: C005-0483-001
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3684.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Southampton
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 15, 2023
Sold by
Bilyue Robert Neal and Bilyue Elisa Anne
Bought by
Beasley Corey Layne and Keefe Jessica Marie
Seller's Agent
Justin Owen
The Steele Group
Buyer's Agent
Kong Nou
The Steele Group
List Price
$350,000
Sold Price
$377,000
Premium/Discount to List
$27,000
7.71%
Views
38
Current Estimated Value
$401,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,665
Avg. Annual Appreciation
3.68%
Original Mortgage
$358,150
Outstanding Balance
$353,912
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$46,716

Purchase Details

Listed on
Feb 5, 2014
Closed on
May 2, 2014
Sold by
Shelton Michael L
Bought by
Bilyue Robert N
Seller's Agent
Jayme Wood
Fine Creek Realty
Buyer's Agent
Justin Owen
The Steele Group
List Price
$199,450
Sold Price
$195,000
Premium/Discount to List
-$4,450
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$185,250
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2006
Sold by
Boykin Michael
Bought by
Shelton Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Ayers Lindsey Peterson
Bought by
Boykin Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2001
Bought by
Peterson Lynsay M
Source: Public Records

Range of Values:

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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
Beasley Corey Layne $377,000 Sage Title
Bilyue Robert N $195,000 --
Shelton Michael $195,000 --
Boykin Michael L $155,000 --
Peterson Lynsay M $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Corey Layne $358,150
Previous Owner Bilyue Robert Neal $183,600
Previous Owner Bilyue Robert N $185,250
Previous Owner Shelton Michael $182,575
Previous Owner Shelton Michael $195,000
Previous Owner Boykin Michael L $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $377,000 +7.7% $247 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $350,000 +79.5% $230 / Sq Ft
05/09/2014 05/09/14 Sold $195,000 -2.2% $128 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $199,450 -- $131 / Sq Ft
Source: Central Virginia Regional MLS

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 $4,020 $335,000 $69,000 $266,000
2024 $3,888 $324,000 $55,000 $269,000
2023 $3,684 $307,000 $55,000 $252,000
2022 $3,276 $273,000 $51,000 $222,000
2021 $2,712 $229,000 $40,000 $189,000
2020 $2,712 $226,000 $40,000 $186,000
2019 $2,448 $204,000 $40,000 $164,000
2018 $2,256 $188,000 $40,000 $148,000
2017 $2,148 $179,000 $40,000 $139,000
2016 $2,148 $179,000 $40,000 $139,000
2015 $2,052 $166,000 $40,000 $126,000
2014 $2,052 $171,000 $25,000 $146,000
Source: Public Records

Agents Affiliated with this Home

  • Justin Owen

    Seller's Agent in 2023

    Justin Owen

    The Steele Group

    (804) 400-5809

    2 in this area

    190 Total Sales

    Justin Owen
    Section Image

  • K

    Buyer's Agent in 2023

    Kong Nou

    The Steele Group

    (804) 241-3494

    2 in this area

    56 Total Sales

    Kong Nou
    Section Image
  • Jayme Wood

    Seller's Agent in 2014

    Jayme Wood

    Fine Creek Realty

    (804) 241-7468

    140 Total Sales

    Jayme Wood
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2327529

Central Virginia Regional MLS

APN: C005-0483-001

Virginia Richmond City County Richmond 23225 Cedarhurst

1401 Leicester Rd, Richmond, VA

This home is located at 1401 Leicester Rd, Richmond, VA 23225 since 16 November 2023 and is currently estimated at $401,665, approximately $263 per square foot. This property was built in 1951. 1401 Leicester Rd is a home located in Richmond City with nearby schools including Southampton Elementary School, Lucille M. Brown Middle, and Huguenot High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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