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2405 Cleo Rd

Richmond, VA 23223

3 bd 1 ba 1,136 sqft Built 1960 Lot 14,735 sqft single_family
Most recent sale
$160,000
Nov 9, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2024 Listed $274,500 CVRMLS
Nov 9, 2023 Sold $160,000 CVRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,700 $38,000 $278,700 $2,280
2024 $240,700 $34,000 $274,700 $1,427
2023 $130,200 $28,000 $158,200 $1,120
2022 $114,800 $26,000 $140,800 $1,196
2019 $74,500 $20,000 $94,500 $822
2016 $69,200 $18,000 $87,200 $758
2013 $78,500 $18,000 $96,500 $839
2010 $87,200 $18,000 $105,200 $915
2008 $82,100 $18,000 $100,100 $870
2007 $77,800 $16,000 $93,800 $816

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,136 sqft
Lot size
14,735 sqft
ZIP code
23223
City
Richmond
Street
Cleo Rd
Coordinates
37.55698, -77.40228

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,704
Gross rental yield
12.78%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 2405 Cleo Rd last sell?
2405 Cleo Rd most recently sold on Nov 9, 2023 for $160,000.
What is the current tax assessment for 2405 Cleo Rd?
The most recent total assessment for 2405 Cleo Rd (year 2025) is $278,700 with $2,280 in property tax.
How does 2405 Cleo Rd's assessment compare to its last sale price?
The current assessment is 74.2% above the last sale price of $160,000.
When was 2405 Cleo Rd built?
2405 Cleo Rd was built in 1960.
How does 2405 Cleo Rd compare to others on Cleo Rd?
We do not currently track other properties on Cleo Rd.
What are the property facts for 2405 Cleo Rd?
2405 Cleo Rd is a 3 bed, 1 bath, 1,136 sqft, 14,735 sqft lot single_family.
Is 2405 Cleo Rd a flip candidate?
No — 2405 Cleo Rd does not appear in our flips dataset.
Is 2405 Cleo Rd a tax-appeal candidate?
Yes — 2405 Cleo Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$459.3K
2026 Q4
$477.4K
ZIP 23223 — Median Price History + Forecast

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