1047 Sussex St Petersburg, VA 23803
Estimated payment $731/month
Highlights
- Cottage
- Baseboard Heating
- 1-Story Property
- Window Unit Cooling System
- Wood Siding
About This Home
1047 Sussex St is the classic Petersburg investor opportunity everyone claims they want but rarely jump on. This two bedroom, one bath home needs some TLC, but the bones are solid enough to work with and the layout is simple which makes the renovation direct and cost effective. The lot gives you space to add value and the location sits in an area where renovated homes move quickly. This one works as a flip, rental, or affordable addition to a larger portfolio. It needs work and it’s priced for someone who knows how to turn potential into profit.
Listing Agent
Real Broker LLC Brokerage Email: membership@therealbrokerage.com License #0225224670 Listed on: 12/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $572
Year Built
- Built in 1954
Lot Details
- 4,125 Sq Ft Lot
- Zoning described as R-2
Home Design
- Cottage
- Bungalow
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 672 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Lakemont Elementary School
- Vernon Johns Middle School
- Petersburg High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Shared Well
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 013-050013
Map
Home Values in the Area
Average Home Value in this Area
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 | $572 | $67,200 | $8,000 | $59,200 |
| 2024 | $572 | $67,200 | $8,000 | $59,200 |
| 2023 | $572 | $45,000 | $7,500 | $37,500 |
| 2022 | $572 | $45,000 | $7,500 | $37,500 |
| 2021 | $597 | $44,200 | $7,400 | $36,800 |
| 2020 | $597 | $44,200 | $7,400 | $36,800 |
| 2019 | $597 | $44,200 | $7,400 | $36,800 |
| 2018 | $597 | $44,200 | $7,400 | $36,800 |
| 2017 | $597 | $44,200 | $7,400 | $36,800 |
| 2016 | $597 | $44,200 | $0 | $0 |
| 2014 | $597 | $0 | $0 | $0 |
| 2013 | $597 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | For Sale | $129,990 | -- | $193 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $19,000 | -- |
Source: Central Virginia Regional MLS
MLS Number: 2532840
APN: 013-05-0013
- 1111 Sussex St
- 104 Center St
- 108 Center St
- 1102 7th St
- 23 S Burch St
- 123 S Old Church St
- 23 N Old Church St
- 10 S Old Church St
- 6 S Old Church St
- 24 N Old Church St
- 724 E Wythe St Unit 26
- 21 Cherry St
- 25 Cherry St
- 722 Cameron St
- 801 E Bank St
- 309 N Crater Rd
- 101 Slagle Ave
- 45 Slagle Ave
- 64 Gibbons Ave
- 230 Terrace Ave
- 622 E Wythe St
- 445 Roundtop Ave
- 257 E Bank St
- 250-316 E Bank St
- 223-225 Henry St
- 219 E Bank St
- 223 Witten St
- 400 Mars St
- 133 N Sycamore St
- 132 N Sycamore St
- 36 N Union St
- 16 S Market St Unit 1403.1404991
- 201 Hinton St
- 529 S Azalea Rd
- 634 S Sycamore St
- 441 Charles H Dimmock Pkwy
- 16 S Market St
- 109 Perry St Unit 124.1407136
- 1025 S Crater Rd
- 205 Archer Ave