NOT LISTED FOR SALE

1848 Arch St Petersburg, VA 23805

Estimated Value: $224,000 - $274,000

4 Beds
2 Baths
1,784 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $45,000 $25 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $1,465/month

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Privacy Fence

About This Home

As of July 2016

This home is located at 1848 Arch St, Petersburg, VA 23805 since 17 December 2015 and is currently estimated at $244,518, approximately $137 per square foot. This property was built in 1941. 1848 Arch St is a home located in Petersburg City with nearby schools including Petersburg High School and Saint Joseph School.

Last Agent to Sell the Property

Daniel Nieding

New Market Realty License #0225093722 Listed on: 12/17/2015

Last Buyer's Agent

Joyce Navary

Weichert Brockwell & Associate License #0225178982

Weichert Brockwell & Associate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1941

Lot Details

  • 9,640 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Stoop

Schools

  • Walnut Hill Elementary School
  • Peabody Middle School
  • Petersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Walnut Hill Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 054-23-0006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Property Attached Yn: No
  • Lot Size Acres: 0.2213
  • Water Body Name: 0
  • Exclusions: NONE
  • Ownership: REO
  • Subdivision Name: Walnut Hill
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Gas Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen
  • Living Area: 1784.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Aluminum Siding, Frame
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peabody

Lot Info

  • Parcel Number: 054-23-0006
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2015
Closed on
Jul 20, 2016
Sold by
Hud & Housing Of Urban Dev
Bought by
Brown Ernest
Seller's Agent
Daniel Nieding
New Market Realty
Buyer's Agent
Joyce Navary
Weichert Brockwell & Associate
List Price
$30,900
Sold Price
$45,000
Premium/Discount to List
$14,100
45.63%
Current Estimated Value
$244,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,518
Avg. Annual Appreciation
19.86%
Source: Public Records

Range of Values:

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Average Value
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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
Brown Ernest $45,000 Old Republic Nat L Title Ins
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $45,000 +45.6% $25 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $30,900 -- $17 / 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 $1,712 $158,800 $21,200 $137,600
2023 $1,712 $134,800 $40,000 $94,800
2022 $1,712 $134,800 $40,000 $94,800
2021 $1,457 $107,900 $22,800 $85,100
2020 $1,457 $107,900 $22,800 $85,100
2019 $1,399 $103,600 $22,600 $81,000
2018 $1,399 $103,600 $22,600 $81,000
2017 $1,399 $103,600 $22,600 $81,000
2016 $1,399 $103,600 $0 $0
2014 $1,399 $0 $0 $0
2013 $1,399 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1532037

Central Virginia Regional MLS

APN: 054-23-0006