NOT LISTED FOR SALE

1640 N Valor Dr Petersburg, VA 23803

Estimated Value: $176,000 - $277,000

3 Beds
1.5 Baths
1,380 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $225,000 $163 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,427/month

3 Days on Market

Highlights

  • Central Air
  • Partially Carpeted
  • 1-Story Property
  • Baseboard Heating

About This Home

As of May 2022

Welcome to this well maintained rancher on a spacious lot! Through the front door you are welcomed by a formal living room & dining room that leads to the open layout kitchen and family room. Additional rooms include a finished sunroom, large laundry room, 3 bedrooms, 1 full bathroom and 1 half bathroom. Features include a covered carport, matching stainless steel appliances, a full house generator, and much more! Don't miss out on this opportunity to own a beautiful home near major routes, shopping and dining!

Last Agent to Sell the Property

Carly Hancock

Motleys Real Estate License #0225238313 Listed on: 03/25/2022

Last Buyer's Agent

Alexa Orlando

Long & Foster REALTORS License #0225246754

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Pleasants Lane Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • Greenwood Farms Subdivision

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 047-170030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,385

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 0.2623
  • Ownership: Individuals
  • Subdivision Name: Greenwood Farms
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • 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

  • Flooring: Laminate, Partially Carpeted
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1380.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Block, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport, Driveway, Off Street, Paved

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 047-170030
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1385.0
  • Tax Lot: 85

MLS Schools

  • Elementary School: Pleasants Lane
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 25, 2022
Sold by
Wallace Michael A and Wallace Belinda D
Bought by
Kennedy Jakob
Seller's Agent
Carly Hancock
Motleys Real Estate
Buyer's Agent
Alexa Orlando
Long & Foster REALTORS
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$239,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,506
Avg. Annual Appreciation
1.81%
Original Mortgage
$218,250
Outstanding Balance
$206,997
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$32,509

Purchase Details

Listed on
Jul 10, 2017
Closed on
Aug 23, 2017
Sold by
Saunders Diane A
Bought by
Wallace Michael A
Seller's Agent
Barbara Chambers
Long & Foster REALTORS
Buyer's Agent
Julie Cook
Virginia Capital Realty
List Price
$106,946
Sold Price
$112,200
Premium/Discount to List
$5,254
4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%
Original Mortgage
$110,167
Interest Rate
3.75%
Mortgage Type
FHA
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
Kennedy Jakob $225,000 --
Wallace Michael A $111,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Jakob $218,250
Previous Owner Wallace Michael A $110,167
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2022 05/03/22 Sold $225,000 0.0% $163 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $224,900 +100.4% $163 / Sq Ft
08/31/2017 08/31/17 Sold $112,200 +4.9% $81 / Sq Ft View Prior Sale
07/15/2017 07/15/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $106,946 -- $77 / 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 $2,051 $158,700 $21,000 $137,700
2024 $2,051 $158,700 $21,000 $137,700
2023 $2,051 $161,500 $21,000 $140,500
2022 $2,051 $161,500 $21,000 $140,500
2021 $1,385 $102,600 $19,600 $83,000
2020 $1,385 $102,600 $19,600 $83,000
2019 $1,345 $99,600 $19,600 $80,000
2018 $1,345 $99,600 $19,600 $80,000
2017 $1,345 $99,600 $19,600 $80,000
2016 $1,345 $99,600 $0 $0
2014 $1,345 $0 $0 $0
2013 $1,008 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2207549

Central Virginia Regional MLS

APN: 047-17-0030