NOT LISTED FOR SALE

1586 Montpelier St Petersburg, VA 23805

Estimated Value: $322,000 - $388,000

5 Beds
2 Baths
3,106 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $82,000 $26 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $2,098/month

About This Home

As of September 2015

REDUCED AGAIN. You can't find a 5+ bedroom in Petersburg for this much of a discount! It is huge and in decent shape! This house goes on and on! Massive home on quiet dead end street. Five bedrooms, 2 baths with upstairs and downstairs masters. Beautiful wood floors, hugh formal living room, formal dining room, family room, sun room and utility room. Private yard with patio. Great spot for entertaining inside and outside. Take a look inside! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Joy Harris-Cobb

Harris & Assoc, Inc License #0225048353 Listed on: 12/23/2014

Last Buyer's Agent

Leroy Chiles

United Real Estate Richmond License #0225210010

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,958

Year Built

  • 1961

Home Design

  • Composition Roof

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 043-04-0802

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,958

Year Built

1961

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 26.40
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Appliances Equipment: Dishwasher, Electric Cooking, Refrigerator, Stove
  • Flooring: Carpet-W-W, Vinyl, Wood
  • Interior: 1st Floor Bedroom, Built In Cabinet/Bookcases, Ceiling Fan, Formal Dining Room, Walk-In Closet
  • Number of Rooms: 12
  • Fireplace: Prefabricate
  • Total Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Shower
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Basement Type: Crawl Space
  • Attic: Pull Down
  • Number Of Levels: 2.00

Exterior Features

  • Porch: Patio, Rear
  • Exterior: Storage Shed Detached
  • Roof: Composition
  • Siding: Brick, Hardboard
  • Wall Type: Drywall, Plaster

Garage/Parking

  • Parking: Unpaved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating Description: Gas Boiler
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Lot Info

  • Zoning: R-1
  • Lot: 20
  • Parcel Number: 043-04-0802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Sep 22, 2015
Sold by
Fannie Mae
Bought by
Owodunni Kayode S
Seller's Agent
Joy Harris-Cobb
Harris & Assoc, Inc
Buyer's Agent
Leroy Chiles
United Real Estate Richmond
List Price
$142,900
Sold Price
$82,000
Premium/Discount to List
-$60,900
-42.62%
Current Estimated Value
$353,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,536
Avg. Annual Appreciation
15.57%
Original Mortgage
$65,600
Outstanding Balance
$53,150
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$300,386
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
Owodunni Kayode S $82,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owodunni Kayode S $65,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $82,000 -42.6% $26 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $142,900 -- $46 / 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 $2,958 $259,400 $63,700 $195,700
2024 $2,958 $259,400 $63,700 $195,700
2023 $2,958 $232,900 $80,000 $152,900
2022 $2,958 $232,900 $80,000 $152,900
2021 $2,745 $203,300 $30,100 $173,200
2020 $2,745 $203,300 $30,100 $173,200
2019 $2,628 $194,700 $29,800 $164,900
2018 $2,628 $194,700 $29,800 $164,900
2017 $2,628 $194,700 $29,800 $164,900
2016 $2,628 $194,700 $0 $0
2014 $2,628 $0 $0 $0
2013 $2,628 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joy Harris-Cobb

    Seller's Agent in 2015

    Joy Harris-Cobb

    Harris & Assoc, Inc

    (804) 526-0491

    20 in this area

    115 Total Sales

    Joy Harris-Cobb
    Section Image
  • Leroy Chiles

    Buyer's Agent in 2015

    Leroy Chiles

    United Real Estate Richmond

    (804) 931-5822

    5 Total Sales

    Leroy Chiles
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1433506

Central Virginia Regional MLS

APN: 043040802

Virginia Petersburg County Petersburg 23805

1586 Montpelier St, Petersburg, VA

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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