131 Franklin St Petersburg, VA 23803
Old Towne Petersburg NeighborhoodEstimated payment $2,330/month
Highlights
- Hot Property
- Deck
- Victorian Architecture
- City View
- Wood Flooring
- 6 Fireplaces
About This Home
HISTORIC CHARM, MODERN LUXURY, PRIME LOCATION! Welcome to this beautifully restored 3-bedroom, 4.5-bath home in the heart of Petersburg’s Centre Hill Historic District. Built in 1899 as the parsonage for Third Baptist Church, this property combines century-old craftsmanship with modern updates for today’s lifestyle. You’ll love the original oak staircase, heart-pine and parquet floors, working pocket door, and six decorative fireplaces with ornate marble and wood mantels. Bathed in natural light, the home offers original stained-glass features and soaring 8-foot windows in the front parlor. Enjoy morning coffee on the wrap-around front porch or unwind on one of the two rear verandas overlooking the fenced backyard and peaceful patio with water fountain. The chef’s kitchen is a showstopper—featuring granite countertops, custom cabinetry, travertine floors, a marble backsplash with mosaic tile insets, stainless-steel appliances, and a six-burner gas cooktop. Perfect for entertaining or running a Bed & Breakfast, the second floor offers three bedrooms with ensuite bathrooms. The finished attic provides bonus living space ideal for an owner’s retreat, studio, or office. Extensive upgrades include modern HVAC, all new plumbing and electrical systems (dual 200-amp panels), new sewer and water lines, and fresh exterior paint. Located just steps from restaurants, cafes, museums, and antique shops, and only a few blocks from I-95, this home is less than a 25-minute drive to Downtown Richmond, Fort Gregg-Adams, and the new Virginia LIVE! Casino. Don’t miss this rare opportunity to own a fully restored piece of Petersburg history—offering timeless elegance, walkable charm, and unbeatable value. Historic preservation and R-3 zoning guidelines apply.
Listing Agent
Real Broker LLC Brokerage Email: membership@therealbrokerage.com License #0225089358 Listed on: 10/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $886
Year Built
- Built in 1899
Lot Details
- 5,750 Sq Ft Lot
- Back Yard Fenced
- Level Lot
- Zoning described as R-3
Parking
- Off-Street Parking
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Frame Construction
- Metal Roof
- Wood Siding
- Clapboard
Interior Spaces
- 2,360 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bookcases
- High Ceiling
- Ceiling Fan
- 6 Fireplaces
- Decorative Fireplace
- City Views
- Unfinished Basement
- Partial Basement
- Fire and Smoke Detector
Kitchen
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
Schools
- Cool Spring Elementary School
- Vernon Johns Middle School
- Petersburg High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 011-300025
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 | $886 | $144,300 | $24,900 | $119,400 |
| 2024 | $886 | $144,300 | $24,900 | $119,400 |
| 2023 | $886 | $69,800 | $24,900 | $44,900 |
| 2022 | $886 | $69,800 | $24,900 | $44,900 |
| 2021 | $2,434 | $180,300 | $24,900 | $155,400 |
| 2020 | $2,434 | $180,300 | $24,900 | $155,400 |
| 2019 | $2,434 | $180,300 | $24,900 | $155,400 |
| 2018 | $2,434 | $180,300 | $24,900 | $155,400 |
| 2017 | $2,434 | $180,300 | $24,900 | $155,400 |
| 2016 | $2,434 | $180,300 | $0 | $0 |
| 2014 | $2,434 | $0 | $0 | $0 |
| 2013 | $2,434 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $425,000 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $140,000 | -- |
Source: Central Virginia Regional MLS
MLS Number: 2528390
APN: 011-30-0025
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.
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.
- 205 N Jefferson St
- V/L Harris Hill Lot 2 Rd
- V/L Harris Hill Lot 1 Rd
- Route 1 Box 84a3
- 87 Rt 1
- 22 N Sycamore St
- 207 Marshall St
- 203 S Jefferson St
- 205 S Jefferson St
- 224 S Jefferson St
- 172 Mckeever St
- 241 S Sycamore St
- 518 E Wythe St Unit 20
- 135 Terrace Ave
- 303 Webster St
- 134 Clayton St
- 230 Terrace Ave
- 235 Grove Ave Unit 37
- 323 W Washington St
- 235 Terrace Ave
- 223-225 Henry St
- 133 N Sycamore St
- 250-316 E Bank St
- 219 E Bank St
- 36 N Union St
- 16 S Market St Unit 1403.1404991
- 201 Hinton St
- 16 S Market St
- 204 S Market St
- 109 Perry St Unit 323.1407137
- 109 Perry St Unit 314.1407138
- 109 Perry St Unit 131.1407135
- 622 E Wythe St
- 109 Perry St
- 120 Perry St
- 420 High St
- 400 Mars St
- 205 Archer Ave
- 854 Apperson St
- 862 Apperson St