$237,900
SOLD APR 30, 2021

25047 Balsam Ln Petersburg, VA 23803

3 Beds
2 Baths
1,463 Sq Ft
0.63 Acres

Recently Sold

$163 Per Sq Ft

2% Below List Price

75 Days on Market

Highlights

  • 0.63 Acre Lot
  • Oversized Parking
  • Central Air
  • Wood Flooring
  • Shed
  • Wood Siding

About This Home

As of June 2022

MOVE IN READY and it can be YOURS!! Let's start off the NEW YEAR RIGHT. Renovated brick rancher located minutes from I85, shopping, doctors, restaurants and so much more! 3 bedrooms possibly a 4th. 2 full baths. Kitchen totally renovated with custom cabinets, laminate counter tops, NEW appliances and hardware. Bathroom 1: is accessible from primary bedroom features walk in oversized shower, new vanity, and lavatory. Bathroom 2: large tub, new vanity and lavatory this is located in the great room or possibly a owner suite. Living room lots of natural lighting, open to dining area, refinished hardwood floors. Bedrooms refinished hardwood flooring. Great room luxury vinyl plank flooring this room has so many possibilities! NEW HOT WATER HEATERAPPLIANCES>VINYL GUTTERSPLUMBINGVAPOR BARRIERDetached storage shed with electric sold as-is.

Last Agent to Sell the Property

Pamela Adams

Real Broker LLC License #0225182742 Listed on: 01/07/2021

Real Broker LLC

Last Buyer's Agent

Jennifer Stevens

Long & Foster REALTORS License #0225235298

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.63 Acre Lot
  • Zoning described as R1

Home Design

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

Interior Spaces

  • 1,463 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Stoop

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

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 | Remodeled

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
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1463.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Storage, Shed
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Oversized

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: 2020
  • 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%
Current Estimated Value
$283,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,689
Avg. Annual Appreciation
4.14%
Original Mortgage
$243,998
Outstanding Balance
$232,822
Interest Rate
5.27%
Mortgage Type
FHA
Estimated Equity
$50,367

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 Type Sale Price Title Company
Bargain Sale Deed $248,500 New Title Company Name
Bargain Sale Deed $237,900 Old Republic National Title
Deed $108,400 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,998 FHA
Previous Owner $240,303 New Conventional
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: 2100552

Central Virginia Regional MLS

APN: 9F-1-B-1