NOT LISTED FOR SALE

18 S Chappell St Unit 20 Petersburg, VA 23803

Estimated Value: $129,000 - $175,110

4 Beds
2 Baths
1,472 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $90,000 $61 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $885/month

43 Days on Market

About This Home

As of March 2023

Great investment opportunity! Both units are 1 Bedroom and 1 Full Bathroom. Current rent evaluations provide substantial rent increase potential. Don't miss your chance to invest in a duplex with room to increase income and value quickly!

Last Agent to Sell the Property

Adam Bennett

Real Broker LLC License #0225229984 Listed on: 12/12/2022

Real Broker LLC

Co-Listed By

Clayton Gits

Real Broker LLC License #0225086086

Last Buyer's Agent

Taylor Robertson

Long & Foster REALTORS License #0225228992

Long & Foster REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1900

Lot Details

  • 3,145 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property

Schools

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 024-240010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Lot Size Acres: 0.0722
  • Co List Office Mls Id: EXXP01
  • Co List Office Phone: 804-729-5188
  • Ownership: Corporate
  • 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: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Living Area: 1472.0
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 024-240010
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1262.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Pleasants Lane
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 16, 2023
Sold by
Merten Invs Llc
Bought by
Legacy Home Services Llc
Seller's Agent
Adam Bennett
Real Broker LLC
Buyer's Agent
Taylor Robertson
Long & Foster REALTORS
List Price
$115,000
Sold Price
$90,000
Premium/Discount to List
-$25,000
-21.74%
Views
62
Current Estimated Value
$144,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,278
Avg. Annual Appreciation
20.96%
Original Mortgage
$102,420
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Bought by
Moreira Miguel and Moreira Laura
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
Legacy Home Services Llc $90,000 --
Moreira Miguel $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Legacy Home Services Llc $102,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $90,000 -21.7% $61 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $115,000 +117.0% $78 / Sq Ft
06/29/2018 06/29/18 Sold $53,000 -11.7% $36 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
06/02/2018 06/02/18 Price Changed $60,000 -20.0% $41 / Sq Ft
05/28/2018 05/28/18 For Sale $75,000 0.0% $51 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
04/17/2018 04/17/18 Price Changed $75,000 0.0% $51 / Sq Ft
04/17/2018 04/17/18 For Sale $75,000 -18.9% $51 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $92,500 -- $63 / 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 $1,262 $108,900 $5,700 $103,200
2023 $1,262 $99,400 $5,700 $93,700
2022 $1,262 $99,400 $5,700 $93,700
2021 $549 $40,700 $5,700 $35,000
2020 $549 $40,700 $5,700 $35,000
2019 $549 $40,700 $5,700 $35,000
2018 $549 $40,700 $5,700 $35,000
2017 $549 $40,700 $5,700 $35,000
2016 $549 $40,700 $0 $0
2014 $549 $0 $0 $0
2013 $549 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2232293

Central Virginia Regional MLS

APN: 024-24-0010