Estate Auction – Brick Tri-Level on Cul-de-Sac in Henrico | 3102 Aqua Ct, Richmond, VA 23230

Details

Henrico Brick Tri-Level — 3 Bed / 2.5 Bath

3102 Aqua Ct · Lakeview Manor · Richmond, VA 23230
ONLINE ESTATE AUCTION — Opening Bid $175,000

All-brick tri-level on a quiet cul-de-sac in established Lakeview Manor, minutes from Staples Mill Rd, I-64, and the W. Broad St corridor. This home is being sold on behalf of a family trust and needs updating and repairs, making it a great opportunity to build equity in central Henrico where listings are scarce. 

This property is being sold AS-IS and is subject to seller confirmation.

PROPERTY AT A GLANCE

THE HOME

• Solid brick construction. Classic tri-level layout with good bones in an established neighborhood.
• Two fireplaces. One on the main living level and one in the lower-level family room.
• Hardwood floors. Found in many rooms throughout the home.
• Bonus space. Enclosed porch with its own heat and A/C unit, plus a rear deck.
• Quiet location. Cul-de-sac street just minutes from Staples Mill Rd and I-64.

CONDITION

This home has significant deferred maintenance, including original windows, aging heating and cooling systems, interior water damage, and settlement cracking. The property is sold AS-IS, WHERE-IS with no repairs by the seller. Bidders are encouraged to inspect the property and complete their own due diligence before bidding. Lead-based paint and Virginia residential property disclosures are available upon request.

AUCTION TERMS

• Opening Bid: $175,000
• Bidding Opens: October 20th 
• Bidding Closes: October 28th at 3pm
• Buyer's Premium: 10% added to the high bid to establish the contract price
• Deposit: 2,500 charged to the registered card at the close of the auction
• Closing: Within 30 days
• Sale is subject to seller confirmation

CLICK HERE - View Location on Map

WHO THIS FITS

• The investor — a central Henrico home with strong upside after renovation.
• The rehabber / flipper — brick construction in a low-inventory market.
• The owner-occupant — buy below finished value and update it your way.
• The landlord — a 3-bedroom home near major roads and shopping.

Questions about the property or the auction process? Contact Josh Florian at (804) 887-9746 or jflorian@dudleyresources.com, or call the office at (804) 709-1954.

Terms

TERMS AND CONDITIONS FOR THIS AUCTION EVENT

Summary of Terms and Conditions

• Opening Bid: $175,000

• Bidding Closes: October 28, 2026 at 3pm

• Buyer's Premium: A 10% buyer's premium is added to the highest bid.

• Deposit: At the fall of the hammer, the credit card used to register your account will be charged an initial deposit of $2,500. An additional $2,500 is due within 3 days of the close of the auction, payable by cashier's check or bank wire.

• Closing: 30-day closing, as-is, no contingencies.

• Seller Confirmation: All bids are subject to seller confirmation.

• Agency Disclosure: Dudley Auctions is acting as auctioneer/agent and is the agent for the seller only.

• Disclaimer: Information contained herein is believed to be correct to the best of Dudley Auctions' knowledge, but it is the sole responsibility of each bidder to inspect and verify all information pertaining to the property. This property is subject to sale prior to the auction event and may be withdrawn, modified, or canceled at any time without notice.

FULL TERMS AND CONDITIONS

Bidder Approval: A $0.00 deposit, or a deposit in an amount displayed on the Dudley Auctions website or as communicated by Dudley Auctions, is required in order to become an approved bidder and be able to place a bid during the auction event. Any such deposit will be required in the form of cash, certified funds, or credit card. Dudley Auctions reserves the right to hold the deposit until the completion of the auction event and for a reasonable period of time afterward to allow for the release of any such deposit and/or the return of any such funds. The online bidding platform will place a minimal credit card hold at the time of online registration to confirm the validity of the credit card being used.

Bid Increments: Dudley Auctions shall solely determine the bid increments for this auction event. Bid increments may be changed or modified from time to time during the auction event.

Bid Responsibility: Bidders are responsible for entering their own bids, and each bidder shall be responsible for any and all bids placed under that approved bidder's number during the auction event. Bids placed by approved bidders shall be considered final and will be recorded. Recorded bids may not be modified, retracted, or rescinded.

Bidding Time: This auction is a timed auction event, which means that bidding is scheduled to begin and close at the times posted on the Dudley Auctions website. All time references on the Dudley Auctions bidding site are expressed in Eastern Time. It is the responsibility of the bidder to check the Dudley Auctions website for the scheduled opening and closing times of each timed auction event.

Buyer's Premium: A buyer's premium of ten percent (10%) will be added to the highest bid for the real property and included in the total selling price paid by the buyer.

Buyer's Premium Example:
Highest Bid: $200,000
10% Buyer's Premium: $20,000
Total Purchase Price: $220,000

Closing: The highest bidder must sign all documents and contracts within one (1) hour after the end of the auction event. All closings must occur within 30 days, unless otherwise specified in the Purchase Agreement. TIME IS OF THE ESSENCE WITH REGARD TO ALL CLOSINGS! The property is to be conveyed by marketable deed from all owners of record, free and clear of all liens. The terms of the purchase agreement are non-negotiable, and the highest bidder must sign the purchase agreement in the name of the highest bidder or the highest bidder's associated business entity. The purchase agreement and other documents will set forth the specific terms and conditions of the sale, including the time by which the successful bidder's purchase of the property must be completed. It is the sole responsibility of each registered bidder to review all documents provided by Dudley Auctions before bidding at the auction event.

Closing Costs: The deed shall be prepared and acknowledged by the seller at the seller's expense and recorded at the buyer's expense. The buyer shall pay all title searches, title insurance charges, survey expenses, usual conveyance expenses, and recordation taxes, including the Grantor's and Grantee's Tax. Real estate taxes, rents, and water and sewer charges, if any, will be prorated as of the date of closing. Successful purchasers must pay all wire transfer fees. The sale of the property is not contingent upon the buyer obtaining financing.

Controlling Law: The rights and obligations of all parties regarding this auction event shall be governed and interpreted by the laws of the Commonwealth of Virginia. All registered bidders shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia when making an offer at the auction event, whether present in person or by agent, written offer, telephone, online, or any other means.

Cooperating Broker/Agent Fee: Dudley Auctions offers a cooperating broker/agent fee of up to one and a half percent (1.5%) to the broker/agent representing the highest bidder for the real property. The fee is based on the highest bid and does not include the buyer's premium. Please contact Dudley Auctions for full terms.

Default: If the highest bidder defaults in making settlement, the deposit paid by that defaulting bidder shall be forfeited, and the property may either be resold at the risk and expense of that bidder or the seller may accept the next highest available offer at the sale. The defaulting bidder shall be personally liable for any deficiency resulting from the resale of the property at a lower price, as well as for all costs, expenses, and attorneys' fees in connection with the resale. The forfeiture of the deposit shall not limit any rights or remedies of the seller with respect to the default. Any successful bidder who fails to submit an executed purchase contract, fails to make any required earnest money deposit, or fails to close in a timely manner may also be prohibited from bidding on future auctions conducted by Dudley Auctions.

Deposit: At the fall of the hammer, the credit card used to register your account will be charged an initial deposit of $2,500. An additional $2,500 is due within 3 days of the close of the auction, payable by cashier's check or bank wire.

Due Diligence: It is the sole responsibility of each bidder to inspect the property; review the information and documents relating to the property; assess the accuracy and completeness of the information contained in the sale brochure and any other documents; and independently verify and confirm any estimates, projections, or assumptions relating thereto, none of which may be considered guarantees. Bidders are independently responsible for completing due diligence to their own satisfaction, and by agreeing to these terms and conditions, the bidder represents that they have done so. Registered bidders are aware of and agree that the sale pursuant to this auction event is being made on an "as-is, where-is" basis, with no representations or warranties of any kind, expressed or implied, by the seller and/or Dudley Auctions.

Dudley Auctions is not the owner of this property; it is contractually engaged to sell the property on behalf of the owner(s). This property is not advertised or being sold absolute. Dudley Auctions reserves the right to bid on behalf of the owner(s) up to the amount of the reserve.

All bidders have the sole and exclusive responsibility to select and consult with any professional advisors in determining whether to place a bid at this auction event. All bidders acknowledge that they have relied exclusively on their own investigation and determinations and the advice of their own professional advisors, and expressly represent that they have not relied upon any information provided by the seller or Dudley Auctions in any way.

Earnest Money Deposit: If you are the successful bidder, you may be required to provide an additional deposit in the form of a cashier's check, wire transfer, or credit card, within 24 hours or as specified by Dudley Auctions at the conclusion of the auction event. The deposit is to be held by Dudley Auctions or a designated escrow agent.

Extended Bidding Time: This auction event is scheduled to begin on the "Starting Date and Time" and tentatively end on the "Scheduled Ending Date and Time" listed on the Dudley Auctions website. If a bid is received during the last two (2) minutes before the scheduled ending time, the online bidding platform will automatically extend the auction for an additional two (2) minutes beyond the time the last bid was received. This process repeats every time a new bid is received until the extension period expires with no additional bids.

For example: If the scheduled ending time is 4:00 PM and a bid is placed at 3:59 PM, the auction will automatically extend by 2 minutes and close at 4:01 PM if no additional bids are placed during the extension.

Highest Bid Acceptance: All offers are subject to review and approval by the seller. Dudley Auctions will inform the highest bidder once the highest bid has been considered. Dudley Auctions reserves the right to accept the highest or best offer in the event they are not the same offer.

Inspection: The property is being sold "where is," "as is," and "with all faults," with no representations or warranties except for the general warranty included in the deed to the real property. All property descriptions and due diligence documents are provided by Dudley Auctions as a service to customers and do not constitute a warranty, either expressed or implied. All bidders are responsible for inspecting the property and, by bidding, are deemed to have inspected the property to their satisfaction. Placing a bid, whether in person, by agent, through the online bidding platform, or by any other means, constitutes an agreement by the participant to these conditions of sale. Dudley Auctions assumes no liability for errors or omissions in this or any other property listing, advertising, or promotional/publicity statements and materials.

Maximum Bid: Registered bidders may submit a maximum bid amount ("Max Bid") through the online bidding platform and direct the website to bid on their behalf in scheduled increments until their maximum amount is reached. If a Max Bid is entered in the same amount as another bidder's previously entered Max Bid, the earlier Max Bid will be deemed the prevailing bid at that amount. In the event of any dispute among bidders regarding the identity or amount of the high bid, Dudley Auctions reserves the right to reopen bidding and may, in conjunction with reopening, designate one of the bidders as the "High Bidder" at its sole discretion. All decisions by Dudley Auctions shall be final.

Megan's Law Disclosure: All interested bidders are solely responsible for conducting any investigation regarding registered sex offenders prior to bidding and should exercise whatever due diligence they deem necessary regarding registered sex offenders who might live near a property being offered for sale. This information may be obtained by contacting your local police department or the Virginia Department of State Police.

Registration: To register and place bids for this auction event, all interested bidders must register on the Dudley Auctions website, www.dudleyauctions.com. All bidders must be at least eighteen (18) years of age and must be eligible to bid at the sole discretion of Dudley Auctions, based on any past experience with the registered bidder or otherwise. Registered bidders may also be subject to verification through credit card information during registration, through a third-party service that verifies the card has the funds necessary to register for this auction event.

Approved bidders will receive an email notification that they have been approved to bid. Bidding rights are not absolute, and all registrations, even if successfully verified by credit card, are subject to manual verification at any time by Dudley Auctions. Dudley Auctions also reserves the right to suspend or terminate any bidder's registration for this auction at any time.

Technical Problems: Dudley Auctions has made reasonable efforts to provide online bidding for this auction event. All registered bidders recognize and acknowledge, however, that technical problems with hardware, software, or internet connectivity, as well as human errors, may arise. These may affect, without limitation, the Dudley Auctions website, the online bidding program and process, internet service and access, and the registered bidder's connection to the auction. All registered bidders further acknowledge that such problems may develop at any time, with or without notice, and agree that neither Dudley Auctions nor the seller is responsible for them. Registered bidders have no absolute or other right to bid on this auction in the event of any such technical problems.

Notwithstanding the foregoing, all registered bidders acknowledge and agree that, in the event of any technical problems, Dudley Auctions reserves the right to postpone or cancel the auction event, extend the bidding time, and/or schedule another auction event for the property, in its sole discretion, and that any such decision will be final.

Terms Specific to This Auction Event: Dudley Auctions may provide additional terms and conditions specific to this auction event or the property being sold. These may relate to, among other things, extended bidding time and bid increments.