Check Availability
$275,000
House - In Contract

5242 Orcutt Lane

Richmond, VA 23224
bedrooms
3 Beds
bathrooms
1 Bath
$1,513
Estimated Monthly
$0
HOA / Fees
8.46%
Cap Rate

About This Property

Are you looking for a Richmond rancher that's close to everything?  Book your tour to see this completely renovated 3-bedroom, 1,020 square feet one-floor home that includes a huge deck.  Leave the multi-car paved driveway and head home through the back door, drop your coats, shoes, and backpacks in the mudroom (with laundry hookups) on the way to your eat-in kitchen.  It's been totally upgraded with new granite countertops, new cabinets, new luxury and waterproof vinyl flooring, and new stainless steel appliances.  The bathroom has been updated top to bottom as well.  Your living room, hall and all three bedrooms feature beautiful refinished real hardwood floors.  All windows and interior doors were replaced, and the HVAC system is also brand new.  Outside, enjoy your flat quarter-acre lot and hang out on the 24' x 17' back deck, adding 400 square feet of usable space.  You've also got a 15' x 10' detached shed for all your tools, hobbies and equipment.  Come see this home today and envision your life on Orcutt Lane!  *Some photos have been virtually staged to showcase the full potential of this home*
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1959
Listed By
Mike Hogan
Mike Hogan
Keller Williams - Richmond West
Matt Lewis
The Hogan Group Real Estate
Last updated: 15 days ago (CVRMLS #2407112)

Price History

Date / Event Date Event Price
Apr 22, 2024 In contract -
In contract
Apr 4, 2024 Price Decreased $275,000
↓ $3K (1.1%)
Price Decreased
Mar 22, 2024 Listed by The Hogan Group Real Estate $278,000
Listed by The Hogan Group Real Estate
Welcome to your dream ranch-style abode! This meticulously upgraded 1,020 sqft gem is a sanctuary of modern comfort and style. Step into a haven of sophistication boasting new HVAC, windows, and interior doors, ensuring year-round coziness and energy efficiency. Gleaming hardwood floors whisper elegance, perfectly complemented by the charm of refinished surfaces. The heart of the home shines with a fully revamped eat-in kitchen and bath, adorned with pristine flooring and top-of-the-line…
Oct 19, 2023 Sold $180,000
Sold
Sep 25, 2023 Listed by The Hogan Group Real Estate $185,000
Listed by The Hogan Group Real Estate

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway, Off Street, Paved
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Bedroomon Main Level, Eatin Kitchen, Granite Counters
Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Oven, Refrigerator, Stove
Flooring Type: Vinyl, Wood
Living Area Square Feet: 1020
Living Area Square Feet Source: Assessor

Room Information

Laundry Features: Washer Hookup, Dryer Hookup
Rooms: 5

Basement Information

CrawlSpace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,020
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOLLANDALE
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLANDALE L3 BG SE 0075.00X0150.00 0000.000

Ownership

  • Current Owner : FIRST RIDGE LLC
  • Previous Owner : CRAFTON WENDY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 070803

Zoning

  • Zoning: R-4 SINGLE

Geography

  • District: 903
  • Parcel: C-008-0418-050
  • Municipality: SOUTH CENTRAL
  • Latitude: 37.4808
  • Longitude: -77.4891

    Address

  • Full Address: 5242 Orcutt Ln
  • Address - House Number: 5242
  • Address - Street Name: Orcutt
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Richmond
  • Carrier Code: C004
  • 4-Digit Zip Code: 6124
  • Zip Code: 23224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,944

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 215,537
  • High Value: 265,753
  • Low Value: 165,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,500
  • First Open Lien Mortgage Lender: CENTRAL FL INCOME FUND LLC
  • First Open Lien Mortgage Recording Date: Oct 19, 2023
  • First Open Lien Mortgage Loan Amount: $164,500
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2024

    Market Valuation

  • Market Total Value: $162,000
  • Market Land Value: $45,000
  • Market Improvement Value: $117,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,000
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $117,000

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Transaction ID: 11914839829
  • Current Sale Price: $180,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 15704

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL FL INCOME FUND LLC
  • First Mortgage Transaction Date: Oct 19, 2023
  • First Mortgage Loan Amount: $164,500
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$291,000 Feb 2, 2024
$291,000 Feb 26, 2024
$152/mo
House
3 Beds
2 Baths
-
$232,000 Aug 10, 2021
$232,000 Sep 17, 2021
$91/mo
House
3 Beds
2 Baths
-
$227,500 Nov 9, 2022
$227,500 Dec 22, 2022
$129/mo
House
3 Beds
2 Baths
-
$227,500 Mar 9, 2024
$227,500 Apr 23, 2024
$152/mo
House
3 Beds
2 Baths
-
$260,000 Jan 10, 2024
$260,000 Mar 5, 2024
$134/mo
House
3 Beds
2 Baths
-
$235,000 Aug 9, 2023
$235,000 Dec 6, 2023
$175/mo
In Contract
House
3 Beds
2 Baths
-
$269,950 Mar 26, 2024
-
$155/mo
In Contract
House
3 Beds
1 Bath
-
$259,950 Apr 12, 2024
-
$164/mo
House
3 Beds
1 Bath
-
$259,950 Mar 22, 2024
-
$188/mo
Townhouse
3 Beds
3 Baths
-
$273,180 Apr 26, 2024
-
$353/mo
Townhouse
3 Beds
3 Baths
-
$274,880 Apr 26, 2024
-
$355/mo
Townhouse
3 Beds
3 Baths
-
$276,670 Apr 26, 2024
-
$357/mo

About South Richmond


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Nearby Rentals



Frequently Asked Questions

When was property at 5242 Orcutt Lane built and last sold?
The property at 5242 Orcutt Lane was built in 1959 and last sold on Oct 11, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 5242 Orcutt Lane is $277,750.
What are some comparable homes to 5242 Orcutt Lane?
Homes that are comparable to 5242 Orcutt Lane include a townhouse property at 5349 Canterbury Ridge Court, 5357 Canterbury Ridge Court, 2212 Clearfield Street.

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