$279,990 · KING GEORGE, VA 22485
Works for flippers

Available

$279,990Asking price

3 bd · 2 ba · 1,365 sq ft · built 1946

KING GEORGE, VA 22485

No contract on file

via InvestorLift Classic

2 views · listed 16 hours ago

Works for flippers

The Numbers

Sells for (ARV)From the listing: $480,000
Asking price: −$279,990
RepairsMiddle of the seller’s $50,000 – $70,000. Ours: $62,000 – $103,500: −$60,000
Loan, holding, closing20% down, 12% interest, 2 points, 84 days: −$33,465
Profit22.2% of ARV · flippers want 10%+: $106,545
Works

Works for a flipper up to $334,000.

AMERICA HOME SOLUTIONS

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Comps

ARV $480,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $415,000.

The sales behind this value are shown to members.

ARV $480,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

AMERICA HOME SOLUTIONS

24 Hour Dispo

No reviews yet

Seller Description

10 acre flip opportunity16251 Ridge Rd, King George, VA 224853bd 2ba - 1,784sqft - 1946yr build - 10.25 AcresAsking price: $319,990ARV: $500,000Emd: $7,500 non refundableAdditional info: Roof over 12yrs old minor leak in laundry room from roof - Hvac 20yrs old - water heater age unknown in working condition - no major issues known - plumbing and electrical updated - barn has electricity - unfinished basement -Occupancy: Occupied - Will be VACANT at closeAccess: By appointment ONLY - Call for accessCOE: on or before 12/04/2026