NOT LISTED FOR SALE

5740 Orcutt Ln Richmond, VA 23224

South Garden Neighborhood

Estimated Value: $157,000 - $188,000

2 Beds
1 Bath
864 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $125,000 $145 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,029/month

4 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Wood Siding
  • Open High School Rated A+
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2022

What a great find! Get seller financing on this cute home! It is the perfect deal to buy and fix/rent out or to fix and flip for a nice profit! With 2 bedrooms, 1 bathroom and 864 square feet, this home has lots of nice features including a covered front porch and fenced rear yard. Recent comps in the area suggest $175K to $185K+ after rehab. This home needs repairs, TLC, and being sold “as-is”. For investors, this home will make a great investment property and should cash flow very well while building wealth!

Last Agent to Sell the Property

Mike Hogan

The Hogan Group Real Estate License #0225093823 Listed on: 06/03/2022

The Hogan Group Real Estate

Last Buyer's Agent

Karen Chiluiza

United Real Estate Richmond License #0225211132

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1925

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Zoning described as R-4

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Reid Elementary School
  • River City Middle School
  • Huguenot High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number C008-0451-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,056

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Property Attached Yn: No
  • Lot Size Acres: 0.2755
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Microwave, Oven, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 864.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Plaster, Wood Siding
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: River City

Lot Info

  • Parcel Number: C008-0451-054
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1056.0

MLS Schools

  • Elementary School: Reid
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 5, 2022
Sold by
Rva Vision Outreach Business Trust
Bought by
Jimenez Alberto Estrada
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Karen Chiluiza
United Real Estate Richmond
List Price
$95,900
Sold Price
$125,000
Premium/Discount to List
$29,100
30.34%
Current Estimated Value
$170,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,474
Avg. Annual Appreciation
14.42%
Original Mortgage
$100,000
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2022
Closed on
May 31, 2022
Sold by
Selwyn Henry
Bought by
Rva Vision Outreach Business Trust
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Karen Chiluiza
United Real Estate Richmond
List Price
$95,900
Sold Price
$125,000
Premium/Discount to List
$29,100
30.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2002
Sold by
Torres Victor M
Bought by
Henry Selwyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,086
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2001
Bought by
Torres Victor M and Torres Carmen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jimenez Alberto Estrada $125,000 Wfg National Title
Rva Vision Outreach Business Trust $70,500 None Listed On Document
Henry Selwyn $43,000 --
Torres Victor M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Jimenez Alberto $96,850
Closed Jimenez Alberto Estrada $100,000
Previous Owner Henry Selwyn $16,887
Previous Owner Henry Selwyn $43,086
Previous Owner Torres Victor M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $125,000 +30.3% $145 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $95,900 -- $111 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,536 $128,000 $45,000 $83,000
2024 $1,452 $121,000 $45,000 $76,000
2023 $1,380 $115,000 $45,000 $70,000
2022 $1,248 $104,000 $35,000 $69,000
2021 $1,044 $88,000 $30,000 $58,000
2020 $1,043 $87,000 $30,000 $57,000
2019 $840 $70,000 $20,000 $50,000
2018 $804 $67,000 $20,000 $47,000
2017 $828 $69,000 $20,000 $49,000
2016 $828 $69,000 $26,000 $43,000
2015 $1,292 $69,000 $26,000 $43,000
2014 $1,292 $69,000 $26,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Hogan

    Seller's Agent in 2022

    Mike Hogan

    The Hogan Group Real Estate

    (804) 655-0751

    4 in this area

    953 Total Sales

    Mike Hogan
    Section Image
  • Karen Chiluiza

    Buyer's Agent in 2022

    Karen Chiluiza

    United Real Estate Richmond

    (804) 501-9891

    3 in this area

    80 Total Sales

    Karen Chiluiza
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2215252

Central Virginia Regional MLS

APN: C008-0451-054

Virginia Richmond City County Richmond 23224 South Garden

5740 Orcutt Ln, Richmond, VA

This home is located at 5740 Orcutt Ln, Richmond, VA 23224 since 03 June 2022 and is currently estimated at $170,474, approximately $197 per square foot. This property was built in 1925. 5740 Orcutt Ln is a home located in Richmond City with nearby schools including G.H. Reid Elementary School, Open High School, and Huguenot High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes