NOT LISTED FOR SALE

25047 Balsam Ln Petersburg, VA 23803

Estimated Value: $237,000 - $269,000

3 Beds
2 Baths
1,344 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $248,500 $185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,448/month

50 Days on Market

Highlights

  • 0.63 Acre Lot
  • Wood Siding
  • 1-Story Property
  • Central Air
  • Heat Pump System

About This Home

As of June 2022

Don't miss your opportunity to own this beautiful, renovated brick rancher! This home is centrally located to interstates, shopping, doctors' offices and restaurants. This home is on the border of Dinwiddie right next to Chesterfield and Petersburg. This home features 3 bedrooms and 2 full bathrooms. You will find an open living/dining area with a beautiful kitchen with custom cabinetry and hardwood flooring. The hardwood flooring continues into all 3 bedrooms as well! Off the living/dining area, you will find the great room with full bathroom. The opportunities for this room are endless! The primary suite features a beautiful primary bath with a large walk-in shower. This home sits on a corner lot and provides great opportunities for entertaining outside in the large backyard with shed that has electricity! Roof, HVAC, appliances, hot water heater, gutters, vinyl replacement windows, insulation and vapor barrier less than 2 years old! Don't miss this beautiful home!

Last Agent to Sell the Property

Andrew Weeks

Real Broker LLC License #0225249255 Listed on: 03/11/2022

Real Broker LLC

Co-Listed By

Lindsay Walker

Samson Properties License #0225234281

Last Buyer's Agent

Shelly Taylor Hedrick

Ingram & Associates-Hopewell License #0225081788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1958

Lot Details

  • 0.63 Acre Lot
  • Zoning described as R1

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Southside Elementary School
  • Dinwiddie Middle School
  • Dinwiddie High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 9F-1-B-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Property Attached Yn: No
  • Lot Size Acres: 0.63
  • Co List Office Mls Id: SAMP01
  • Co List Office Phone: (703) 378-8810
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • 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

  • Appliances: Dishwasher, Electric Cooking
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1344.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Middle Or Junior School: Dinwiddie

Lot Info

  • Parcel Number: 9F-1-B-1
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 856.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Southside
  • High School: Dinwiddie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 8, 2022
Sold by
Branch Shyeanne E
Bought by
Grogan Bobby Lee and Grogan Annie Elizabeth
Seller's Agent
Andrew Weeks
Real Broker LLC
Buyer's Agent
Shelly Taylor Hedrick
Ingram & Associates-Hopewell
List Price
$255,000
Sold Price
$248,500
Premium/Discount to List
-$6,500
-2.55%
Total Days on Market
50
Current Estimated Value
$258,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,836
Avg. Annual Appreciation
3.78%
Original Mortgage
$243,998
Outstanding Balance
$233,797
Interest Rate
5.27%
Mortgage Type
FHA
Estimated Equity
$43,581

Purchase Details

Listed on
Jan 7, 2021
Closed on
Apr 15, 2021
Sold by
Mcgee James H
Bought by
Branch Shyeanne E and Branch Jacob T
Seller's Agent
Pamela Adams
Real Broker LLC
Buyer's Agent
Jennifer Stevens
Long & Foster REALTORS
List Price
$243,000
Sold Price
$237,900
Premium/Discount to List
-$5,100
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$240,303
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2020
Sold by
Sizemore Sheppard Minnie
Bought by
Mcgee James H and Jr Contractor Llc
Source: Public Records

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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
Grogan Bobby Lee $248,500 New Title Company Name
Branch Shyeanne E $237,900 Old Republic National Title
Mcgee James H $108,400 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grogan Bobby Lee $243,998
Previous Owner Branch Shyeanne E $240,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $248,500 -0.2% $185 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/30/2022 04/30/22 Price Changed $248,950 -2.4% $185 / Sq Ft
03/11/2022 03/11/22 For Sale $255,000 +7.2% $190 / Sq Ft
04/30/2021 04/30/21 Sold $237,900 0.0% $163 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $237,900 -2.1% $163 / Sq Ft
01/07/2021 01/07/21 For Sale $243,000 -- $166 / 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 $927 $110,300 $25,000 $85,300
2023 $871 $110,300 $25,000 $85,300
2022 $871 $110,300 $25,000 $85,300
2021 $856 $110,300 $25,000 $85,300
2020 $856 $108,400 $25,000 $83,400
2019 $856 $108,400 $25,000 $83,400
2018 $721 $91,300 $25,000 $66,300
2017 $721 $91,300 $25,000 $66,300
2016 $721 $91,300 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2206296

Central Virginia Regional MLS

APN: 9F-1-B-1