tomo logo

$199,950

Beds
3
Baths
1.5
sq ft
1,008

5124 Orcutt Ln, Richmond, VA 23224

5124 Orcutt Ln

Richmond, VA 23224

  • <1 day on market
Wonderful investment opportunity in the heart of Richmond’s southside! This is a great opportunity for both savvy investors and homeowners looking to build sweat equity. This 3 bedroom ranch is located on a spacious corner lot with a fenced back yard and detached shed. The full bathroom was updated in 2023 and features a gorgeous tile walk-in shower and ceramic tile floors. A half bath was also added in 2023, enhancing the home’s functionality. The Trane heat pump, installed in 2017, ensures comfort throughout the seasons. Enjoy the convenience of being close to the James River, downtown RVA, and a variety of shopping, dining, and entertainment options. Don’t miss out on this fantastic opportunity. Property sold as-is.

Details

Property type

Single Family Residence

Est. home value

$203,424

Lot size

0.28 acres

Price per sq ft

$199

Year built

1957

Annual property taxes

$2,280

Price History

01/11/2025
CentralVirginia

CentralVirginia #2500823

Listed
$199,950
+145.34%
07/28/2014
CentralVirginia

CentralVirginia #1409415

Sold
$81,500

Schools & Community

Neighborhood: 

South Garden

Elementary school: 

Francis

Middle school: 

River City

High school: 

Huguenot

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

Village Bank Mortgage Cor

Loan start date

July 2014

Original loan amount

$5,000

Est. remaining balance

Not provided

Interest rate

4.14%

Loan type

Stand Alone Second

Seller

James Albert Younger Jr and Monique A Younger

Lender

Village Bank Mortgage Cor

Loan start date

July 2014

Original loan amount

$78,425

Est. remaining balance

Not provided

Interest rate

4.14%

Loan type

FHA

Seller

James A Younger Jr

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: 01/12/2025 at 5:00 AM

Listing updated: 01/11/2025 at 12:25 PM

Listed by: Shannon Warren, BHG Base Camp Phone #: (804) 639-9001

MLS: CentralVirginia #2500823

CentralVirginia logo

Recently listed in Richmond

$200,000|3 bd|2.0 ba|House
$615,000|4 bd|3.5 ba|House
$244,999|3 bd|1.5 ba|House
$175,900|2 bd|1.0 ba|House
$355,000|3 bd|2.0 ba|House
$549,900|5 bd|2.5 ba|House
$199,950|3 bd|1.5 ba|House
$375,000|3 bd|1.5 ba|House
$419,950|4 bd|2.5 ba|House