NOT LISTED FOR SALE

5023 Devonshire Rd Richmond, VA 23225

Westover Hills Neighborhood

Estimated Value: $471,912 - $502,000

2 Beds
1 Bath
1,399 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2025

Last sale price $482,000 $345 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,022 / mo

6 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Recessed Lighting
  • Open High School Rated A+
  • Screened Porch
  • Shed

About This Home

As of March 2025

Welcome to this delightful home in the heart of Westover Hills, one of Richmond’s most beloved neighborhoods. This home offers the ease of single-level living, rare for the neighborhood, with modern touches and mid-century charm. It features beautiful hardwood floors, an updated kitchen, and a level, fenced backyard, perfect for relaxing, entertaining, or letting pets roam. With a new roof providing peace of mind, this home is move-in ready and located minutes from local shops, restaurants, and the scenic James River Park System, where you can enjoy hiking, biking, and river views. Whether you're a first-time homebuyer, downsizing, or simply looking for a home in a vibrant community, this one checks all the boxes.

Last Agent to Sell the Property

Kayla Foster

The Steele Group License #0225225073 Listed on: 02/25/2025

The Steele Group

Last Buyer's Agent

Laura Woodard

The Kerzanet Group LLC License #0225258069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 1967

Lot Details

  • 6,534 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-5

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Plaster

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Screened Porch
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Westover Hills Elementary School
  • Thompson Middle School
  • Huguenot High School

Utilities

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

Community Details

  • Westover Hills Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number S006-0244-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,716

Year Built

Built in 1967

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1967
  • Property Attached Yn: No
  • Lot Size Acres: 0.15
  • Ownership: Individuals
  • Subdivision Name: Westover Hills
  • Above Grade Finished Sq Ft: 1399.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Gas Cooking, Gas Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Fireplace, Granite Counters, Recessed Lighting
  • Living Area: 1399.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Plaster
  • Exterior Features: Porch, Storage, Shed
  • Patio And Porch Features: Rear Porch, Screened, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Topography: Level
  • Parcel Number: S006-0244-027
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4716.0
  • Tax Lot: 27

MLS Schools

  • Elementary School: Westover Hills
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Mar 25, 2025
Sold by
Cochrane Daniel and Ko Yoon
Bought by
Loftin Erica
Seller's Agent
Kayla Foster
The Steele Group
Buyer's Agent
Laura Woodard
The Kerzanet Group LLC
List Price
$450,000
Sold Price
$482,000
Premium/Discount to List
$32,000
7.11%
Views
68
Current Estimated Value
$485,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,478
Avg. Annual Appreciation
0.66%
Original Mortgage
$385,600
Outstanding Balance
$383,291
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$102,187

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 3, 2019
Sold by
Cochrane Daniel
Bought by
Cochrane Daniel and Ko Yoon
Seller's Agent
Christine Howland
Long & Foster REALTORS
Buyer's Agent
Kayla Foster
The Steele Group
List Price
$295,000
Sold Price
$296,000
Premium/Discount to List
$1,000
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$290,638
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 15, 2019
Sold by
Scott Paul O
Bought by
Cochrane Daniel
Seller's Agent
Christine Howland
Long & Foster REALTORS
Buyer's Agent
Kayla Foster
The Steele Group
List Price
$295,000
Sold Price
$296,000
Premium/Discount to List
$1,000
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,638
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2004
Sold by
Phelan Harry M
Bought by
Scott Paul O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2000
Bought by
Phelan Harry M and Phelan Lou

Purchase Details

Closed on
Jun 20, 1997
Sold by
Monti George J and Monti Widower
Bought by
Payne Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,734
Interest Rate
7.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loftin Erica $482,000 Old Republic National Title In
Cochrane Daniel -- None Available
Cochrane Daniel $296,000 Attorney
Scott Paul O $170,000 --
Phelan Harry M $117,500 --
Phelan Harry M $117,500 --
Payne Jeffrey A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftin Erica $385,600
Previous Owner Cochrane Daniel $290,638
Previous Owner Scott Paul O $100,000
Previous Owner Payne Jeffrey A $89,734
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2025 03/28/25 Sold $482,000 +7.1% $345 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $450,000 +52.0% $322 / Sq Ft
06/03/2019 06/03/19 Sold $296,000 +0.3% $212 / Sq Ft View Prior Sale
04/04/2019 04/04/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $295,000 -- $211 / Sq Ft
Source: Central Virginia Regional MLS

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 $5,160 $430,000 $147,000 $283,000
2024 $4,716 $393,000 $113,000 $280,000
2023 $4,440 $370,000 $90,000 $280,000
2022 $3,864 $322,000 $90,000 $232,000
2020 $2,852 $243,000 $66,000 $177,000
2019 $2,916 $243,000 $66,000 $177,000
2018 $2,652 $221,000 $60,000 $161,000
2017 $2,556 $213,000 $60,000 $153,000
2016 $2,484 $207,000 $60,000 $147,000
2015 $2,340 $195,000 $50,000 $145,000
2014 $2,340 $195,000 $50,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Kayla Foster

    Seller's Agent in 2025

    Kayla Foster

    The Steele Group

    (804) 997-9191

    1 in this area

    111 Total Sales

    Kayla Foster
    Section Image

  • L

    Buyer's Agent in 2025

    Laura Woodard

    The Kerzanet Group LLC

    (571) 550-0071

    1 in this area

    9 Total Sales

    Laura Woodard
    Section Image

  • C

    Seller's Agent in 2019

    Christine Howland

    Long & Foster

    (804) 356-2969

    10 Total Sales

    Christine Howland
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2501604

Central Virginia Regional MLS

APN: S006-0244-027

Virginia Richmond City County Richmond 23225 Westover Hills

5023 Devonshire Rd, Richmond, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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