$206,496 EMV

3 Beds   1 Bath   1,539 Sq. Ft.
Get the Preforeclosure Address

Winchester St
Richmond, VA 23231


This Preforeclosure is located at Winchester St, Richmond, VA 23231. It has 3 Beds, 1 Bath , 1,539 sqft of living space. This property is currently in auction with an estimated market value of $206,496.
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Status: Inactive
Listing ID: 58038433

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,539
  • Year Built: 1962
  • Source ID: 21542506
  • Day(s) On Site: 78
  • Subdivision: GILBERT GARDENS
  • Trustee Name: BWW LAW GROUP LLC
  • Trustee Address: 8100 THREE CHOPT ROAD SUITE 240
  • Trustee City: RICHMOND
  • Trustee State: VA
  • Trustee Zip: 23229
  • Trustee Phone: (804) 282-0463
  • Trustee Reference Number: VA-342403-1
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: BRICK
  • Foundation Type: CONCRETE BLOCK
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION
  • Land Area Sqft: 14,072
  • Effective Year Built: 1962
  • Year Built: 1947
  • APN: 810-716-3222
  • Property Type: Single Family Residence
  • Township: VARINA
  • Living Sqft: 1,539
  • Style: RANCH
  • Subdivision: GILBERT GARDENS


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 08-08-2022
  • Auction Time: 03:30 PM

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Rental Value

The estimated rental value for Winchester St located in Richmond, VA is $1,201/month. Comparable homes around Winchester St that are rentals have monthly ranges starting as low as $1,141 per month and as high as $1,261 per month. An owner looking to use this property as an investment could bring a return in the area of $1,141 - $1,261 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
11/19/19 12/03/19 Preforeclosure
11/13/19 12/02/19 Preforeclosure
11/04/19 12/02/19 Preforeclosure

Richmond, VA
Home Inspectors
Arthur Darin Strickland
Affordable Home Inspection, Inc.
Jeremy Rowan
Burgess Inspections, Inc.
Douglas M Burgess
Jeffrey Barnes
Scott Wharton
Homes On This Street
View more homes on Winchester St

Winchester St
Richmond, VA 23231

3 Beds   1 Bath   1,539 sq. ft.

$206,496 EMV

Status: Inactive Listing ID: 58038433

Property Information

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Public Records

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Property Description

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Listing URL


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