NOT LISTED FOR SALE

1239 W Wythe St Unit 41 Petersburg, VA 23803

Estimated Value: $131,000 - $198,000

4 Beds
2 Baths
2,637 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $114,000 $43 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $928/month

75 Days on Market

About This Home

As of March 2024

Great opportunity for investment! This duplex is currently operating as a rooming house offering common areas such as shared kitchen and living room. There are 6 rooms currently being rented for $550.00 per month each, on a month to month lease. The whole property has 2,637 sqft, natural gas heat (furnace put in 6 years ago), window unit AC, a country front porch, very large rooms, and is all very convenient to old town Petersburg and trending restaurants and shopping, and is close to surrounding cities. Show this property some TLC, and you'll have plenty of options in this investment. Check it out!

Last Agent to Sell the Property

Jonathan Hock

Napier Realtors, ERA License #0225264360 Listed on: 11/21/2023

Napier Realtors, ERA

Last Buyer's Agent

Connie Lunsford

Swearingen Realty Co License #0225142978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1905

Lot Details

  • 4,700

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,637 Sq Ft Home
  • 2-Story Property

Schools

  • Lakemont Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Additional Features

  • Front Porch
  • 4,700 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 024-250010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Lot Size Acres: 0.1079
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Basement YN: No
  • Living Area: 2637.0
  • Stories: 2

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Front Porch

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 024-250010
  • Zoning Description: B-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 871.22
  • Tax Lot: 9

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lakemont
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Feb 5, 2016
Sold by
Whittle Rentals Llc
Bought by
Surreal Realty Llc
Seller's Agent
David Patsel
Napier Realtors, ERA
Buyer's Agent
Chaz Harrington
Ralph Samuels & Assoc, Inc
List Price
$30,000
Sold Price
$27,000
Premium/Discount to List
-$3,000
-10%
Current Estimated Value
$163,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,114
Avg. Annual Appreciation
20.54%
Original Mortgage
$24,000
Outstanding Balance
$19,045
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$144,069
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Surreal Realty Llc $27,100 Fidelity Nat L Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surreal Realty Llc $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $114,000 -11.6% $43 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $129,000 -4.4% $49 / Sq Ft
01/24/2024 01/24/24 Price Changed $135,000 -6.9% $51 / Sq Ft
12/07/2023 12/07/23 Price Changed $145,000 -9.4% $55 / Sq Ft
11/22/2023 11/22/23 For Sale $160,000 +492.6% $61 / Sq Ft
03/07/2016 03/07/16 Sold $27,000 -10.0% $10 / Sq Ft View Prior Sale
01/09/2016 01/09/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $30,000 -- $11 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

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 $871 $68,600 $8,200 $60,400
2024 $871 $68,600 $8,200 $60,400
2023 $871 $68,600 $8,200 $60,400
2022 $871 $68,600 $8,200 $60,400
2021 $763 $56,500 $8,200 $48,300
2020 $763 $56,500 $8,200 $48,300
2019 $763 $56,500 $8,200 $48,300
2018 $572 $56,500 $8,200 $48,300
2017 $763 $56,500 $8,200 $48,300
2016 $763 $56,500 $0 $0
2014 $763 $0 $0 $0
2013 $191 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2328393

Central Virginia Regional MLS

APN: 024-25-0010