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$245,999

Beds
2
Baths
1.0
sq ft
756

1424 N 30th St, Richmond, VA 23223

1424 N 30th St

, VA 23223

  • 12 days on market
Calling all investors! Talk about easy money, this home is both fully renovated and rented to solid tenants with a lease until Dec 31 2025. In 2022 this home got new flooring, new kitchen, new roof, new hvac, new bathroom fixtures, a new hw heater, as well as updated electrical and plumbing. There really is nothing to do except basic annual maintenance. In addition to being just the cutest house evah-This area is very popular with renters so you'll never have an issue renting it out! This property has room to grow and is located in a solidly growing area with teeming with redevelopment and new growth. Off street parking with space to build a garage or expand the property for further profit either as a rental or a resale. If you've been looking for a way to ease your way into owning property to maximize your profits or just add a great property to your portfolio, here is your chance. Come see the definition of turn key rental home, and start that avenue of passive income!

Details

Property type

Single Family Residence

Est. home value

$220,862

Lot size

6,504 sq ft

Price per sq ft

$326

Year built

1945

Annual property taxes

$1,500

Price History

02/10/2025
CentralVirginia

CentralVirginia #2503260

Listed
$245,999

Schools & Community

Neighborhood: 

Church Hill North

Elementary school: 

Chimborazo

Middle school: 

Martin Luther King Jr.

High school: 

Armstrong

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$176,903
Asking price
$245,999
Closing costs (~8% of asking)
-$19,680
Est. remaining loan balance
-$49,416
Cash to seller
$176,903

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2013

Original loan amount

$65,420

Est. remaining balance

$49,416

Interest rate

4.25%

Loan type

New Conventional, 30 year

Seller

Philmon H Pierce and Terry W Pierce

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 1:05 AM

Listing updated: 02/11/2025 at 7:05 AM

Listed by: Kori Langlie, Rashkind Saunders & Co. Phone #: (804) 308-5211

MLS: CentralVirginia #2503260

CentralVirginia logo

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