NOT LISTED FOR SALE

1505 Cedar Ln Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $486,000 - $546,000

3 Beds
1.5 Baths
1,333 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $360,000 $270 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,290/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Solid Surface Countertops
  • Open High School Rated A+
  • High Ceiling
  • 4-minute walk to Phideaux Dog Park

About This Home

As of October 2020

Come see this classic brick cape with all the right features in the prime location of Westover Hills! Enjoy entertaining in this inviting open concept where living and dining areas seamlessly connect to the updated kitchen for easy and modern living. This home boasts plantation style shutters on the first floor and gorgeous hardwood floors throughout. The renovated kitchen features beautiful white cabinetry, corian counter tops, stainless steel appliances and a modern barn style sliding door. There is also a first floor bedroom or office with an updated attached powder room. The utility/laundry room has an abundance of cabinetry for all your storage needs. Upstairs there is a generous sized master bedroom, a second guest bedroom and a renovated full bathroom with a tiled shower/tub. Relax on the spacious rear screened porch overlooking backyard patio and lawn. Other features include replacement windows, gas furnace, paver patio, 2 storage sheds and a fenced rear yard. Boasting location, style, quality updates and charm, this one is not to be missed!

Last Agent to Sell the Property

Bill Watson

Boyd Realty Group License #0225196515 Listed on: 08/30/2020

Last Buyer's Agent

Andy Stratton

Fathom Realty Virginia License #0225225542

Fathom Realty Virginia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1947

Lot Details

  • 7,501 Sq Ft Lot
  • Chain Link Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Zoning described as R-4

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,333 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Dining Area
  • Screened Porch
  • Crawl Space
  • Washer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Westover Hills Elementary School
  • Thompson Middle School
  • Richmond High School For The Arts

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Community Details

  • Westover Hills Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number S000-2635-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,396

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 0.1722
  • Ownership: Individuals
  • Subdivision Name: Westover Hills
  • 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: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Disposal, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, High Ceilings, Solid Surface Counters, Cable TV
  • Living Area: 1333.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Chain Link, Fenced
  • Lot Features: Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Plaster, Vinyl Siding
  • Exterior Features: Porch, Storage, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Patio, Screened, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • 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: Thompson

Lot Info

  • Parcel Number: S000-2635-003
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3396.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Westover Hills
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Sep 29, 2020
Sold by
Sisk Aaron Powell and Leatherbury Beverly
Bought by
Poffenberger Chelsie and Poffenberger Jordan
Seller's Agent
Bill Watson
Boyd Realty Group
Buyer's Agent
Andy Stratton
Fathom Realty Virginia
List Price
$328,950
Sold Price
$360,000
Premium/Discount to List
$31,050
9.44%
Current Estimated Value
$516,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,465
Avg. Annual Appreciation
7.62%
Original Mortgage
$288,000
Outstanding Balance
$258,607
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$253,561

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 23, 2018
Sold by
Farr Grant T and Farr Nicole S
Bought by
Sisk Aaron Powell and Leatherbury Beverly
Seller's Agent
Sandra Craver
Virginia Capital Realty
Buyer's Agent
Luke Catron
Samson Properties
List Price
$299,950
Sold Price
$318,000
Premium/Discount to List
$18,050
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$286,200
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 29, 2015
Closed on
May 11, 2015
Sold by
Jones Mitchell R
Bought by
Farr Grant T
Seller's Agent
George Winfree
Fathom Realty Virginia
Buyer's Agent
Sandra Craver
Virginia Capital Realty
List Price
$259,500
Sold Price
$249,000
Premium/Discount to List
-$10,500
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$239,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hollomon Mike
Bought by
Jones Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1997
Sold by
Gregory Keith W
Bought by
Thomas Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,153
Interest Rate
7.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Poffenberger Chelsie $360,000 Attorney
Sisk Aaron Powell $318,000 Attorney
Farr Grant T $24,900 --
Jones Mitchell $237,000 --
Thomas Lawrence A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poffenberger Chelsie $50,000
Open Poffenberger Chelsie $288,000
Previous Owner Sisk Aaron Powell $286,200
Previous Owner Farr Grant T $239,000
Previous Owner Jones Mitchell R $240,000
Previous Owner Jones Mitchell R $25,000
Previous Owner Jones Mitchell $25,000
Previous Owner Jones Mitchell $189,600
Previous Owner Thomas Lawrence A $100,153
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $360,000 +9.4% $270 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $328,950 +3.4% $247 / Sq Ft
05/01/2018 05/01/18 Sold $318,000 +6.0% $240 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $299,950 +20.5% $226 / Sq Ft
05/13/2015 05/13/15 Sold $249,000 -4.0% $200 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $259,500 -- $209 / 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 $5,544 $462,000 $147,000 $315,000
2024 $5,112 $426,000 $113,000 $313,000
2023 $4,836 $403,000 $90,000 $313,000
2022 $4,080 $340,000 $90,000 $250,000
2021 $3,396 $298,000 $66,000 $232,000
2020 $3,396 $283,000 $66,000 $217,000
2019 $3,348 $279,000 $66,000 $213,000
2018 $2,928 $244,000 $60,000 $184,000
2017 $2,808 $234,000 $60,000 $174,000
2016 $2,580 $215,000 $60,000 $155,000
2015 $2,760 $230,000 $50,000 $180,000
2014 $2,760 $230,000 $50,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bill Watson

    Boyd Realty Group

    (804) 357-7373

    3 in this area

    77 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Andy Stratton

    Fathom Realty Virginia

    (804) 516-0074

    2 in this area

    19 Total Sales

    Section Image
  • Sandra Craver

    Seller's Agent in 2018

    Sandra Craver

    Virginia Capital Realty

    (804) 497-6756

    88 Total Sales

    Section Image
  • Luke Catron

    Buyer's Agent in 2018

    Luke Catron

    Samson Properties

    (804) 339-8603

    2 in this area

    154 Total Sales

    Section Image

  • G

    Seller's Agent in 2015

    George Winfree

    Fathom Realty Virginia

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2025094

Central Virginia Regional MLS

APN: S000-2635-003

Virginia Richmond City County Richmond 23225 Forest Hill

1505 Cedar Ln, Richmond, VA

This home is located at 1505 Cedar Ln, Richmond, VA 23225 since 30 August 2020 and is currently estimated at $510,480, approximately $382 per square foot. This property was built in 1947. 1505 Cedar Ln is a home located in Richmond City with nearby schools including Westover Hills Elementary School, Richmond High School for the Arts, and Open 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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