NOT LISTED FOR SALE

2025 Ferndale Ave Unit 27 Petersburg, VA 23803

Estimated Value: $163,000 - $235,089

6 Beds
2 Baths
2,496 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $115,000 $46 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,134/month

34 Days on Market

About This Home

As of September 2022

Investor special!! One unit is already being rented out and the other unit has had recent upgrades to the kitchen that includes new cabinets, countertop and flooring. Each unit has two large bedrooms and a full bathroom. Both units have 9' ceilings, family room, living room and eat in kitchens. These units are metered separately. Priced to sell! Sale will be AS- IS

Last Agent to Sell the Property

Aaron Bryant

Prince George Realty License #0225214193 Listed on: 06/15/2022

Co-Listed By

Harim Bryant

Prince George Realty License #0225257674

Last Buyer's Agent

Raye Durham

Parr & Abernathy Realty, Inc. License #0225237667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1916

Lot Details

  • 0.35

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property

Schools

  • Walnut Hill Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Additional Features

  • Front Porch
  • 0.35 Acre Lot

Community Details

  • 2 Units
  • Walnut Hill Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 028-150014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,318

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1916
  • Lot Size Acres: 0.3484
  • Co List Office Mls Id: CHAP01
  • Co List Office Phone: (804) 862-1921
  • Ownership: Individuals
  • Subdivision Name: Walnut Hill
  • 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: 2496.0
  • Stories: 2

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 028-150014
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1318.0
  • Tax Lot: A

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 19, 2022
Sold by
Justice Charles P and Justice John T
Bought by
Wright Malika
Seller's Agent
Aaron Bryant
Prince George Realty
Buyer's Agent
Raye Durham
Parr & Abernathy Realty, Inc.
List Price
$118,000
Sold Price
$115,000
Premium/Discount to List
-$3,000
-2.54%
Views
2
Current Estimated Value
$189,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,522
Avg. Annual Appreciation
17.67%
Original Mortgage
$112,917
Outstanding Balance
$108,580
Interest Rate
6.11%
Mortgage Type
Construction
Estimated Equity
$80,942

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 1, 2021
Sold by
Palma Tricia R
Bought by
Justice C P
Seller's Agent
Ransom Pitt
PIC Properties Inc
Buyer's Agent
Regenia Carter
Exit Realty Digital
List Price
$69,995
Sold Price
$82,000
Premium/Discount to List
$12,005
17.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.98%

Purchase Details

Closed on
Jun 27, 2007
Bought by
Palma Tricia R and Witter Margaret
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
Wright Malika $115,000 --
Justice C P $82,000 --
Palma Tricia R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Malika $112,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $115,000 -2.5% $46 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $118,000 +43.9% $47 / Sq Ft
06/04/2021 06/04/21 Sold $82,000 +17.2% $33 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $69,995 -- $28 / 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 $1,565 $142,500 $15,000 $127,500
2024 $1,565 $142,500 $15,000 $127,500
2023 $1,565 $123,200 $15,000 $108,200
2022 $1,565 $123,200 $15,000 $108,200
2021 $1,318 $97,600 $15,000 $82,600
2020 $1,318 $97,600 $15,000 $82,600
2019 $1,318 $97,600 $15,000 $82,600
2018 $1,318 $97,600 $15,000 $82,600
2017 $1,318 $97,600 $15,000 $82,600
2016 $1,318 $97,600 $0 $0
2014 $1,318 $0 $0 $0
2013 $1,318 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2217025

Central Virginia Regional MLS

APN: 028-15-0014