307 Cedar St Richmond, VA 23223
Shockoe Valley NeighborhoodEstimated payment $3,661/month
Highlights
- Deck
- Rowhouse Architecture
- Fireplace
- Open High School Rated A+
- High Ceiling
- 3-minute walk to Jefferson Park
About This Home
Welcome to 307 Cedar, a slice of historic Richmond in Union Hill. Built by James and Charles Talbott around 1850, this duplex was renovated in 2000, including new electric and plumbing. Much care was taken to maintain the historical charm without sacrificing modern amenities like dedicated laundry space in each unit, soaring 10+ foot ceilings in the larger of the 2 units, open floor plan and considerable closet space. The upstairs unit offers 3 bedrooms, 2.5 baths, varied length heartpine floors and is leased through the end of 2026 for guaranteed income. The English basement, bottom unit, is a cozy 1 bedroom, 1 bath unit that is regularly leased as a short-term furnished property, but can be an opportunity for someone to purchase as a primary residence and live in, while generating income from the upstairs unit! Convenient to downtown, VCU/MCV and interstates, this is one you do not want to miss!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,540
Year Built
- Built in 1849
Lot Details
- 2,161 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
Parking
- On-Street Parking
Home Design
- Rowhouse Architecture
- Brick Exterior Construction
- Frame Construction
- Metal Roof
Interior Spaces
- 2,732 Sq Ft Home
- 2-Story Property
- High Ceiling
- Fireplace
- Bay Window
- Laminate Countertops
- Washer and Dryer Hookup
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Outdoor Storage
Schools
- Bellevue Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Utilities
- Water Heater
Listing and Financial Details
- Assessor Parcel Number E000-0187-016
Community Details
Overview
- 2 Units
- East End Subdivision
Building Details
- Gross Income $48,756
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,540 | $545,000 | $150,000 | $395,000 |
| 2024 | $6,168 | $514,000 | $135,000 | $379,000 |
| 2023 | $5,868 | $489,000 | $130,000 | $359,000 |
| 2022 | $5,100 | $425,000 | $100,000 | $325,000 |
| 2020 | $4,848 | $404,000 | $95,000 | $309,000 |
| 2019 | $4,488 | $374,000 | $85,000 | $289,000 |
| 2018 | $3,852 | $321,000 | $85,000 | $236,000 |
| 2017 | $3,408 | $284,000 | $65,000 | $219,000 |
| 2016 | $3,264 | $272,000 | $35,000 | $237,000 |
| 2015 | $3,144 | $265,000 | $35,000 | $230,000 |
| 2014 | $3,144 | $262,000 | $35,000 | $227,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $600,000 | +48.1% | $220 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $405,000 | -1.0% | $148 / Sq Ft | View Prior Sale |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- | |
| 11/25/2017 11/25/17 | For Sale | $409,000 | -- | $150 / Sq Ft |
Source: Central Virginia Regional MLS
MLS Number: 2533077
APN: E-000-0187-016
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.
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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