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$295,000

Beds
3
Baths
2.0
sq ft
1,190

261 E Ladies Mile Rd, Richmond, VA 23222

261 E Ladies Mile Rd

RICHMOND, VA 23222

  • 54 days on market
    • Price drop $3,500↓
Seller is offering $5k towards closings! Huge price improvement! Ready for you to make your offer. This is the one you have been waiting for! Absolutely gorgeous home close to everything! This fully renovated 2 story home is close to some of Richmond's desired attractions including the Raceway Complex! Turnkey and ready for you to move right in, with many new upgrades including granite countertops, new paint throughout, recessed lighting, new LVP flooring and stainless steel appliances. The two floors include a dining and living room along with 3 bedrooms and 2 bathrooms with new tile. Roof, siding, and HVAC were replaced in 2022. The attic and crawl space have been recently insulated this year, which will help you save on your utility bills. The large fenced backyard offers the perfect setting for outdoor gatherings. Make plans to schedule your showing before this one is sold! Check out the virtual tour.

Details

Property type

Single Family Residence

Est. home value

$281,020

Lot size

8,775 sq ft

Price per sq ft

$248

Year built

1923

Annual property taxes

$2,916

HOA

No

Price History

06/18/2024

Bright #VARC2000496

Price change
$295,000
-1.17%
06/11/2024

Bright #VARC2000496

Price change
$298,500
-0.17%
05/18/2024

Bright #VARC2000496

Listed
$299,000
+19.6%

Schools & Community

Neighborhood: 

Providence Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

RICHMOND CITY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Embrace Home Loans Inc

Loan start date

May 2022

Original loan amount

$245,471

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

FHA

Seller

Shannon Thorne

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?

Status: Active

Tomo last checked: 07/05/2024 at 10:20 PM

Listing updated: 06/18/2024 at 8:33 AM

Listed by: Lauren E Page, Samson Properties Phone #: (571) 921-9755

MLS: Bright #VARC2000496

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