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1509 Cedar Ln, Richmond, VA, 23225

$465,000

Home List Price

$5,522*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,596 SqFt
$291/SqFt
House
Schools Nearby

Location

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1509 Cedar Ln, Richmond$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1947
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
FireplaceMasonry, Wood Burning
MLS #2407304
Lot Size0.17 Acres
StatusActive

About 1509 Cedar Ln

Discover this charming 3-bed, 1.5-bath brick home in Richmond's sought-after Forest Hill neighborhood. Enjoy a spacious living room, formal dining off the kitchen, and a main level primary bedroom. Upstairs, find two additional bedrooms. Relax in the fenced backyard. Ideally situated near major commuter routes into Richmond. Don't miss the chance to tour this gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1947
  • Living Area: 1,596 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Email: bryan.waters@redfin.com
  • Listing Agent: Donnell Cobb

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • George Wythe High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Westover Hills Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $291/SqFt

Tax Information:

  • Annual Amount: $3,528
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

1509 Cedar Ln vs Richmond

30 DAYS ON ROCKET

+8 Days

$465,000

+$121.8K More

$291/SqFt

+$75 More

KEY TAKEAWAY

This property is $121.8K more than the Median Sold Price and $75/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2407304

Listing Office:

  • Office Name: Redfin Corporation
  • Office Email: bryan.waters@redfin.com
  • Listing Agent: Donnell Cobb

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:55:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2019Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,528$308,000
2020$3,528$294,000
2019$3,036$289,000
2018$3,036$253,000

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-980416
3
/10

  • Westover Hills Elementary School

  • 1211 Jahnke Rd

  • 0.51 miles

  • Public District Grades PK-5

High School

school-card-donut-980417
1
/10

  • George Wythe High School

  • 4314 Crutchfield St

  • 0.79 miles

  • Public District Grades 9-12

school-card-donut-980418
10
/10

  • Open High School

  • 600 S Pine St

  • 2.07 miles

  • Public District Grades 9-12

school-card-donut-980419
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 4.36 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,412. Residents of Richmond, VA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1509 Cedar Ln

What is the listing price of this property?

The listing price of 1509 Cedar Ln property is $465,000.

What type of property is this?

The property 1509 Cedar Ln is a house located in Richmond, Virginia, 23225.

Is this property for sale now?

Active Listing: 1509 Cedar Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1509 Cedar Ln are:
Westover Hills Elementary School: GreatSchools Rating 3/10
George Wythe High School: GreatSchools Rating 1/10
Open High School: GreatSchools Rating 10/10
Franklin Military Academy: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,528 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2019 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1509 Cedar Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1509 Cedar Ln is 1,596 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1509 Cedar Ln is 1947.

Rocket Homes›Virginia›Richmond›23225›1509 Cedar Ln

This home is located at 1509 Cedar Ln in Richmond, VA and zip code 23225 in the South Side neighborhood. This 1,596 square foot home, which was built in 1947, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $465,000.

In March 2024 more than 158 listings in Richmond, VA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 97 were sold below. Between February 2024 and March 2024, Richmond, VA real estate market has seen increase in the number of listings by 7.8%. While the average time on the market in March 2024 was 22 days, the median list price was $343,141.

From Rocket Homes Real Estate and based on county public records data.

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