$129,990

1047 Sussex St Petersburg, VA 23803

Estimated payment $731/month

Total Views 503
2 Beds
1 Bath
672 Sq Ft
$193 Price per Sq Ft

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

Stephanie booker

Real Broker LLC Brokerage Email: membership@therealbrokerage.com License #0225224670 Listed on: 12/10/2025

Real Broker LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$572

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Property Attached Yn: No
  • Attribution Contact: membership@therealbrokerage.com
  • Lot Size Acres: 0.0947
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 672.0
  • Architectural Style: Bungalow, Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 672.0
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Property Condition: Resale

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop, Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 013-050013
  • Zoning Description: R-2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 571.5
  • Tax Lot: 22

MLS Schools

  • Elementary School: Lakemont
  • High School: Petersburg

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Central Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $19,000 --
Source: Public Records

Source: Central Virginia Regional MLS

MLS Number: 2532840

Central Virginia Regional MLS

APN: 013-05-0013