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CondominiumResidential

407 S Cherry St

RICHMOND, VA 23220
727 ft²
Lot SizeThe size of the land the home sits on, from county records.
1890
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 18903 floors12 units726–1,733 ft²
$3.8M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$306K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$220
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-35.1%vs the Richmond ZIP median sale $/ft² ($339)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
2020202120222025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
2020202120222025

8 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$236K$306K$375K$445K726 ft²927 ft²1,129 ft²1,330 ft²1,532 ft²1,733 ft²
1 bd2 bd
1 bed
3 units
2 bed
9 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,327 ft²
2 units
2 bd · 2 ba · 1,461 ft²
2 units
2 bd · 2 ba · 1,728 ft²
2 units
One-off layouts
6 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$236K–$236K
1 unit
$277K–$280K
2 units
$294K–$313K
5 units
$328K–$328K
1 unit
$345K–$345K
1 unit
$374K–$374K
1 unit
$445K–$445K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$244/ft²
Floor 2
$222/ft²
Floor 3
$222/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·01
$264/ft²
Line ·02
$224/ft²
Line ·03
$222/ft²
Line ·04
$207/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.67%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.8%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.5.7 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.0%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.65%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$331,428
Median tax billThe middle annual property tax bill among the building's units.$3,390
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 101Aug 22, 2025$235,000Unit 301Feb 28, 2022$339,000Unit 103Jun 21, 2021$255,000Unit 204Jun 7, 2021$309,950Unit 303Apr 30, 2021$318,000Unit 304Feb 26, 2021$318,000Unit 104Dec 4, 2020$290,000Unit 203Oct 28, 2020$295,950

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyRICHMOND CITY
Lot (acres)The size of the land the home sits on, from county records.0.02
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Composition (rolled Mineral Roof)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Binford Middle SchoolF
Middle · Grades 6–8 · 0.8 mi
E
William Fox Elementary SchoolB
Elementary · Grades KG–5 · 1.3 mi
H
Thomas Jefferson High SchoolC-
High · Grades 9–12 · 2.8 mi

District: Richmond City Public Schools

Neighborhood · ZIP 23220These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.67

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.39,857
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,201 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,038
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,454
Average tempThe average temperature here across a full year.58°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

407 S Cherry St # 101
1 bd · 1 ba · 726 ft²
$236K
407 S Cherry St # 102
2 bd · 2 ba · 1,733 ft²
$374K
407 S Cherry St # 103
1 bd · 1 ba · 1,259 ft²
$277K
407 S Cherry St # 104
2 bd · 2 ba · 1,457 ft²
$312K
407 S Cherry St # 201
1 bd · 1 ba · 1,350 ft²
$296K
407 S Cherry St # 202
2 bd · 2 ba · 1,728 ft²
$445K
407 S Cherry St # 203
2 bd · 2 ba · 1,327 ft²
$294K
407 S Cherry St # 204
2 bd · 2 ba · 1,461 ft²
$280K
407 S Cherry St # 301
2 bd · 2 ba · 1,330 ft²
$328K
407 S Cherry St # 302
2 bd · 2 ba · 1,728 ft²
$345K
407 S Cherry St # 303
2 bd · 2 ba · 1,327 ft²
$299K
407 S Cherry St # 304
2 bd · 2 ba · 1,461 ft²
$313K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 407 S Cherry St

How many units are in 407 S Cherry St, Richmond, VA?

407 S Cherry St, Richmond, VA has 12 residential units across 3 floors, built in 1890, according to county assessor records.

What is a unit at 407 S Cherry St, Richmond, VA worth?

The median TopHap Estimate across the 12 units at 407 S Cherry St, Richmond, VA is $305,668. That works out to $220 per square foot. Units run from 726 to 1,733 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 407 S Cherry St, Richmond, VA expensive for Richmond?

Units at 407 S Cherry St, Richmond, VA carry a median of $220 per square foot, 35% below the Richmond median of $339 per square foot.

How often do units sell at 407 S Cherry St, Richmond, VA?

0 units at 407 S Cherry St, Richmond, VA sold in the last 12 months, out of 8 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

What floor plans does 407 S Cherry St, Richmond, VA have?

The most common plan at 407 S Cherry St, Richmond, VA is a 2-bedroom of 1,327 square feet, repeated 2 times, with a median estimate of $296,490. TopHap identifies 3 recurring plans in the building.

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Assigned schools

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