Incredible opportunity to own two Prime rental homes on one lot Located in Hanover County close in! The property has two homes in a great rental area. These homes are great rentals or live in one and rent the other one. Both homes have been upgraded with HVAC, plumbing, and electrical. Great area with large lot. Great schools and close to Virginia center commons. Both homes are grandfathered in on a single deep well and septic. Assessed at lower value due to single well. These homes are great long term rentals in a hot area. inspection for informational purposes only
Sold for $475,000
$475,000
11531 Cedar Ln, Ashland, VA 23005
--beds
--baths
1,960sqft
Duplex, Multi Family, Multi Family
Built in 1975
-- sqft lot
$487,900 Zestimate®
$242/sqft
$1,504 Estimated rent
Home value
$487,900
$434,000 - $551,000
$1,504/mo
Zestimate® history
Owner options
List your home for rent
$1,504/mo
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$1,504/mo
Rent Zestimate®
Refinance and save
$2,816/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,816/mo
Est. payment
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List your homeWhat's special
Large lot
Zillow last checked:
Listing updated:
Listed by:
Stuart Haynes 804-901-0808,
ERA Woody Hogg & Assoc
Bought with:
Sharon Coleman, 0225062890
Long & Foster REALTORS
Source: CVRMLS,MLS#: 2425310
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Features
- Has basement: No
- Attic: Pull Down Stairs
Interior area
- Total interior livable area: 1,960 sqft
Property
Parking
- Parking features: Oversized
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 7778133427
- Special conditions: Corporate Listing
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Brick, Block
- Roof: Composition
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Cedar Ridge Estates
Location
- Region: Ashland
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $352,500
- Annual tax amount: $2,855
- Date on market: 7/28/2025
- Ownership: Corporate
- Ownership type: Corporation
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $475,000-10.4%$242/sqft |
Source:  CVRMLS #2425310 Report a problem | ||
| 11/8/2024 | Pending sale | $529,950$270/sqft |
Source: CVRMLS #2425310 Report a problem | ||
| 10/1/2024 | Price change | $529,950-3.6%$270/sqft |
Source: CVRMLS #2425310 Report a problem | ||
| 9/25/2024 | Listed for sale | $549,950$281/sqft |
Source: CVRMLS #2425310 Report a problem | ||
| 9/21/2024 | Listing removed | $549,950$281/sqft |
Source: CVRMLS #2421526 Report a problem | ||
| 8/16/2024 | Listed for sale | $549,950+0.2%$281/sqft |
Source: CVRMLS #2421526 Report a problem | ||
| 8/11/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/24/2024 | Listed for sale | $549,000+182.4%$280/sqft |
Source: Owner Report a problem | ||
| 11/17/2004 | Sold | $194,400+11.1%$99/sqft |
Source: Public Record Report a problem | ||
| 3/3/2004 | Sold | $175,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,855 | $352,500 |
| 2024 | $2,855 +14.7% | $352,500 +14.7% |
| 2023 | $2,490 +12.5% | $307,400 +12.5% |
| 2022 | $2,213 | $273,200 +11.7% |
| 2021 | -- | $244,600 |
| 2020 | $1,981 +18.5% | $244,600 +18.5% |
| 2019 | $1,672 | $206,400 |
| 2018 | $1,672 | $206,400 |
| 2017 | $1,672 +6.5% | $206,400 |
| 2016 | $1,570 | $206,400 +6.5% |
| 2015 | $1,570 | $193,800 |
| 2014 | $1,570 | $193,800 |
| 2013 | $1,570 -6.6% | -- |
| 2012 | $1,681 -9.9% | -- |
| 2011 | $1,865 -9.3% | -- |
| 2010 | $2,056 | -- |
| 2009 | $2,056 | -- |
| 2008 | $2,056 +12.7% | -- |
| 2007 | $1,824 +23.1% | -- |
| 2006 | $1,482 | -- |
| 2005 | $1,482 | -- |
Find assessor info on the county website
Neighborhood: 23005
Nearby homes
- $290,6003 bd1 ba986 sqft11518 Cedar Ln, Ashland, VA 23005Off Market
- $533,3003 bd2 ba2.2k sqft11177 Holly Berry Rd, Ashland, VA 23005Off Market
- $308,3003 bd1 ba1.1k sqft11546 Cedar Ln, Ashland, VA 23005Off Market
- $227,7002 bd1 ba716 sqft11191 Tisberry Ln, Ashland, VA 23005Off Market
- $165,0002 bd1 ba1.1k sqft11194 Tisberry Ln, Ashland, VA 23005Sold
- $501,2003 bd3 ba1.3k sqft11505 Cedar Ln, Ashland, VA 23005Off Market
- $343,600-- bd-- ba-- sqft11504 Cedar Ln, Ashland, VA 23005Off Market
- $261,4002 bd1 ba816 sqft11200 Tisberry Ln, Ashland, VA 23005Off Market
Nearby schools
GreatSchools rating
- 7/10Elmont Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Liberty Middle SchoolGrades: 6-8Distance: 5.2 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Elmont
- Middle: Liberty
- High: Patrick Henry
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$487,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$487,900
- Virginia
- Hanover County
- Glen Allen
- 23005
- 11531 Cedar Ln
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