NOT LISTED FOR SALE

Estimated Value: $136,000 - $262,000

8 Beds
3 Baths
4,519 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $130,000 $29 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,086/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Front Porch

About This Home

As of October 2024

It's Never Too Late To Own Real Estate...Excellent Investment Opportunity for owning a Duplex in Petersburg's Historic District. Duplex was being renovated and is at "Drywall-Stage". Unit 322 has 4 Bedrooms ( with a potential 5th ) and 4 Full Bathrooms. Unit 324 has 4 Bedrooms and 4 Full Bathrooms. Renovations are occurring in this area. Consider it's potential. Property is selling strictly AS IS. Purchasers are responsible to perform their own due diligence with city prior to making offers. Listing broker & seller assume no responsibility and make no guarantees, warranties, or representations as to the availability or accuracy of information herein. All info must be verified by the purchaser. Purchaser is responsible for all inspections at purchaser's expense. Utilities will not be turned on. Purchaser to check schools. ***NOTE: Seller will not accept Letters of Intent - MUST be a formal offer with POF or Lender Letter. Offers are submitted online by purchaser's agent.

Last Agent to Sell the Property

David Liggan

EXP Realty LLC License #0225170987 Listed on: 06/25/2024

EXP Realty LLC

Last Buyer's Agent

LaQuetta Goode

EXP Realty LLC License #0225260371

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1890

Lot Details

  • 7,100 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Shingle Siding
  • Plaster

Interior Spaces

  • Main Floor Bedroom
  • 4,519 Sq Ft Home
  • 2-Story Property
  • Insulated Doors
  • Crawl Space

Parking

  • No Garage
  • On-Street Parking

Schools

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

Additional Features

  • Front Porch
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 023-120008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,258

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Lot Size Acres: 0.163
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Approximate
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Door Features: Insulated Doors
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 4519.0
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Mixed
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Drywall, Frame, Other, Plaster, Shingle Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 023-120008
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2258.06
  • Tax Lot: 10

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
Dec 2, 2021
Closed on
May 5, 2022
Sold by
Petersburg Rnvtns Pro Llc
Bought by
Dreams & Opportunities Llc
Seller's Agent
Amanda Hardesty
Hardesty Homes
Buyer's Agent
Tamara Taylor
BHHS PenFed Realty
List Price
$116,600
Sold Price
$116,600
Current Estimated Value
$169,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,772
Avg. Annual Appreciation
11.50%
Original Mortgage
$214,730
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Bought by
Petersburg Renovation Properties
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
Dreams & Opportunities Llc $116,600 --
Petersburg Renovation Properties $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dreams & Opportunities Llc $214,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $130,000 -5.1% $29 / Sq Ft
08/15/2024 08/15/24 Price Changed $137,000 +14.3% $30 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $119,900 +2.8% $27 / Sq Ft
05/13/2022 05/13/22 Sold $116,600 0.0% $26 / Sq Ft View Prior Sale
04/06/2022 04/06/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $116,600 0.0% $26 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $116,600 -- $26 / 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 $2,258 $177,800 $18,100 $159,700
2024 $2,258 $177,800 $18,100 $159,700
2023 $2,258 $177,800 $18,100 $159,700
2022 $2,258 $177,800 $18,100 $159,700
2021 $1,056 $78,200 $18,100 $60,100
2020 $1,056 $78,200 $18,100 $60,100
2019 $1,056 $78,200 $18,100 $60,100
2018 $1,056 $78,200 $18,100 $60,100
2017 $1,056 $78,200 $18,100 $60,100
2016 $1,056 $78,200 $0 $0
2014 $1,056 $0 $0 $0
2013 $1,056 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2416761

Central Virginia Regional MLS

APN: 023-12-0008