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5124 Orcutt Ln, Richmond, VA, 23224

$199,950

Home List Price

$2,374*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,008 SqFt
$198/SqFt
House

Location

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5124 Orcutt Ln, Richmond$199,950

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Oversized
Year Built1957
HeatingElectric, Heat Pump
CoolingHeat Pump
MLS #2500823
Lot Size0.28 Acres
StatusActive

About 5124 Orcutt Ln

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,008 SqFt

Listing Office:

  • Office Name: BHG Base Camp
  • Office Phone: (804) 639-9001
  • Listing Agent: Shannon Warren

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Cooktop, Washer
  • Basement: No
  • Flooring Type: Ceramic Tile, Partially Carpeted, Vinyl
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Main Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage, Shed

Parking Information:

  • Parking: Off Street, Oversized

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 360 E, Right on Orcutt Ln, House on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,950
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $1,416
  • 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

$363.3K

Med. Price/SqFt

$226

Avg. Days On Market

34

# of Sold Homes

351

5124 Orcutt Ln vs Richmond

3 DAYS ON ROCKET

-31 Days

$199,950

-$163.4K Less

$198/SqFt

-$29 Less

KEY TAKEAWAY

This property is $163.4K less than the Median Sold Price and $29/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2500823

Listing Office:

  • Office Name: BHG Base Camp
  • Office Phone: (804) 639-9001
  • Listing Agent: Shannon Warren

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 ©2025 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: 1/15/2025, 5:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2014Home Sold
$81,500
Jul 28, 2014Home Sold
$81,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,416$121,000
2020$1,416$118,000
2019$1,116$98,000
2018$1,116$93,000

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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.

Nearby Schools

school-card-donut-2563858
5
/10

  • J.L. Francis Elementary School

  • 5146 Snead Rd

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-2563859
5
/10

  • Broad Rock Elementary School

  • 4615 Ferguson Ln

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-2563860
3
/10

  • Cardinal Elementary School

  • 1745 Catalina Dr

  • 0.89 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5124 Orcutt Ln

What is the listing price of this property?

The listing price of 5124 Orcutt Ln property is $199,950.

What type of property is this?

The property 5124 Orcutt Ln is a house located in Richmond, Virginia, 23224.

Is this property for sale now?

Active Listing: 5124 Orcutt Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,416 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 14, 2014 for $81,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5124 Orcutt Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5124 Orcutt Ln is 1,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5124 Orcutt Ln is 1957.

Rocket Homes›Virginia›Richmond›23224›5124 Orcutt Ln

This home is located at 5124 Orcutt Ln in Richmond, VA and zip code 23224 in the South Side neighborhood. This 1,008 square foot home, which was built in 1957, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $199,950.

While more than 115 listings in Richmond, VA in December 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 160 were sold below. In December 2024 in Richmond, VA there were 7.1% less homes for sale than in November 2024. The median list price of listings available in December 2024 was $363,385, while the average time on the real estate market was 34 days.

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

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