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Richmond 23225 Cedarhurst
5505 Westower Drive
$175,000
● House - Off Market

5505 Westower Drive

Richmond, VA 23225
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$347,550
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

This home is Beautiful! Interior features 3 large bedrooms with ceiling fans, All oak floors refinished. 2 full baths each with tub/shower, beautiful refinished tile, new toilets,sinks,lighting. The living room is huge with lots of bright light, beautiful gas fireplace, built-in bookcase/entertainment center, new ceiling fan, formal front entry with divider in foyer. Dining room is open to living room and leads to kitchen with new chandelier and more gorgeous oak floors. The kitchen is ALL NEW including cabinetry, flooring, granite counters, glass tile backsplash and topped off with all new stainless appliances. Laundry room includes washer/dryer, lots of extra storage. All new vinyl double hung windows, New heat pump/CA, New siding, Big back yard with church lot behind. Truly a Must See!
Unit Size
1,650 Ft²
Days on Market
92 days
Land Size
0.24 acres
Price per sqft
$106
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (CVRMLS #1302586)

Price History

Date / Event Date Event Price
May 3, 2013 Sold
Premium
Sold
Jan 30, 2013 Listed by Ward Properties $175,000
Listed by Ward Properties
Nov 27, 2012 Sold
Premium
Sold
Jun 14, 2012 Listed by Ward Properties $119,000
Listed by Ward Properties

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,650
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: WESTOVER FARMS L2 BB SB 0080.00X0120.00 0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 071100

Zoning

  • Zoning: R-3 SINGLE

Geography

  • District: 404
  • Parcel: C-005-0412-040
  • Municipality: SOUTHWEST
  • Latitude: 37.5265
  • Longitude: -77.4994

    Address

  • Full Address: 5505 Westower Dr
  • Address - House Number: 5505
  • Address - Street Name: Westower
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Richmond
  • Carrier Code: C004
  • 4-Digit Zip Code: 2705
  • Zip Code: 23225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362,400

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 353,108
  • High Value: 424,752
  • Low Value: 281,464

    Market Valuation

  • Market Total Value: $302,000
  • Market Land Value: $50,000
  • Market Improvement Value: $252,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $252,000

    Sales

  • Current Sale Contract Date: Apr 23, 2013
  • Current Sale Recording Date: May 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 27, 2012
  • Previous Sale Contract Date: Nov 20, 2012
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westover Hills - Forest Hill Park

Stats & Trends

Median Asking:

$398,500

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

35

Average Home Size

1684 ft²

Average Home Age

49.3 years

Currently For Sale

34 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2900 Kensington Avenue, Richmond, VA, 23221

$1,795 /mo

  • 1 Bed
  • 1 Bath
2900 Kensington Avenue #702, Richmond, VA, 23221 Listing by Marc Austin Highfill

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Lee Foltz, Ward Properties
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1302586
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 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 5505 Westower Drive built and last sold?
The property at 5505 Westower Drive was built in 1955 and last sold on Apr 23, 2013 for $175,000.
How much is this home worth?
The estimated value of the home located at 5505 Westower Drive is $183,337.
What are some comparable homes to 5505 Westower Drive?
There are currently no comparable homes to 5505 Westower Drive.
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