NOT LISTED FOR SALE

125 Summit St Petersburg, VA 23803

Estimated Value: $88,000 - $162,188

2 Beds
1 Bath
830 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 18, 2021

Last sale price $35,000 $42 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $787/month

27 Days on Market

Highlights

  • Cottage
  • No Heating
  • 1-Story Property

About This Home

As of January 2021

Ready for Renovation. Property is gutted create your own floor plan.

Last Agent to Sell the Property

Everett Finn

United Real Estate Richmond License #0225036498 Listed on: 11/19/2020

United Real Estate Richmond

Last Buyer's Agent

Betsy Briones

EXIT Realty Success License #0225215334

EXIT Realty Success

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $616

Year Built

  • Built in 1948

Lot Details

  • 7,401 Sq Ft Lot
  • Zoning described as R-2

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Stoop

Schools

  • Walnut Hill Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Utilities

  • No Cooling
  • No Heating
  • Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 027-140009

Home Details

Home Type

Single Family

Est. Annual Taxes

$616

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Property Attached Yn: No
  • Lot Size Acres: 0.1699
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 830.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: None, Other
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 027-140009
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 616.0
  • Tax Lot: 22

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 1984
Bought by
Heemer Walter O and Heemer Connie L
Current Estimated Value
$134,297
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Heemer Walter O $19,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold $35,000 0.0% $42 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/07/2020 12/07/20 Price Changed $35,000 -12.5% $42 / Sq Ft
11/19/2020 11/19/20 For Sale $40,000 -- $48 / 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
2024 $660 $65,400 $12,000 $53,400
2023 $660 $52,000 $12,000 $40,000
2022 $660 $52,000 $12,000 $40,000
2021 $616 $45,600 $12,000 $33,600
2020 $616 $45,600 $12,000 $33,600
2019 $616 $45,600 $12,000 $33,600
2018 $616 $45,600 $12,000 $33,600
2017 $616 $45,600 $12,000 $33,600
2016 $616 $45,600 $0 $0
2014 $616 $0 $0 $0
2013 $616 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Everett Finn

    Seller's Agent in 2021

    Everett Finn

    United Real Estate Richmond

    (804) 387-7232

    11 in this area

    48 Total Sales

    Everett Finn
    Section Image
  • Betsy Briones

    Buyer's Agent in 2021

    Betsy Briones

    EXIT Realty Success

    (804) 263-2725

    11 in this area

    55 Total Sales

    Betsy Briones
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2035138

Central Virginia Regional MLS

APN: 027140009

Virginia Petersburg County Petersburg 23803

125 Summit St, Petersburg, VA

This home is located at 125 Summit St, Petersburg, VA 23803 since 19 November 2020 and is currently estimated at $134,297, approximately $161 per square foot. This property was built in 1948. 125 Summit St is a home located in Petersburg City with nearby schools including Petersburg High School and Saint Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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