1 month on rocket

Sale Pending

5242 Orcutt Ln, Richmond, VA, 23224

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
1 Full Bath
1,020 SqFt
$270/SqFt
House
Schools Nearby

Location

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5242 Orcutt Ln, Richmond$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Paved
Year Built1959
HeatingElectric, Heat Pump
CoolingCentral Air, Electric
MLS #2407112
Lot Size0.26 Acres
StatusSale Pending
(Pending)

About 5242 Orcutt Ln

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*

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: The Hogan Group Real Estate
  • Office Email: info@hogangrp.com
  • Listing Agent: Mike Hogan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Stove
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: Bedroom on Main Level, Eat-in Kitchen, Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Out Building(s), Paved Driveway

Parking Information:

  • Parking: Driveway, Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Huguenot High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • J.L. Francis Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $270/SqFt

Tax Information:

  • Annual Amount: $1,404
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

5242 Orcutt Ln vs Richmond

36 DAYS ON ROCKET

+14 Days

$275,000

-$68.1K Less

$270/SqFt

+$54 More

KEY TAKEAWAY

This property is $68.1K less than the Median Sold Price and $54/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2407112

Listing Office:

  • Office Name: The Hogan Group Real Estate
  • Office Email: info@hogangrp.com
  • Listing Agent: Mike Hogan

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,404$120,000
2020$1,404$117,000
2019$1,092$97,000
2018$1,092$91,000

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1444348
4
/10

  • J.L. Francis Elementary School

  • 5146 Snead Rd

  • 0.27 miles

  • Public District Grades PK-5

High School

school-card-donut-1444349
10
/10

  • Open High School

  • 600 S Pine St

  • 4.45 miles

  • Public District Grades 9-12

school-card-donut-1444350
1
/10

  • Huguenot High School

  • 7945 Forest Hill Ave

  • 4.57 miles

  • Public District Grades 9-12

school-card-donut-1444351
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 5.73 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,167. Most Richmond, VA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5242 Orcutt Ln

What is the listing price of this property?

The listing price of 5242 Orcutt Ln property is $275,000.

What type of property is this?

The property 5242 Orcutt Ln is a house located in Richmond, Virginia, 23224.

Is this property for sale now?

Sale Pending: 5242 Orcutt Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5242 Orcutt Ln are:
J.L. Francis Elementary School: GreatSchools Rating 4/10
Open High School: GreatSchools Rating 10/10
Huguenot High School: GreatSchools Rating 1/10
Franklin Military Academy: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,404 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5242 Orcutt Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5242 Orcutt Ln is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5242 Orcutt Ln is 1959.

Rocket Homes›Virginia›Richmond›23224›5242 Orcutt Ln

This home is located at 5242 Orcutt Ln in Richmond, VA and zip code 23224 in the South Side neighborhood. This 1,020 square foot home, which was built in 1959, sits on a 0.26 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $275,000.

While more than 158 listings in Richmond, VA in March 2024 were sold above asking price, there were more than 70 listings sold at asking price, and more than 97 were sold below. Between February 2024 and March 2024, Richmond, VA real estate market has seen increase in the number of listings by 7.8%. In March 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $343,141.

From Rocket Homes Real Estate and based on county public records data.

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