NOT LISTED FOR SALE

37 Guarantee St Petersburg, VA 23803

Estimated Value: $126,000 - $264,000

4 Beds
2 Baths
2,252 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $70,950 $32 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,162/month

53 Days on Market

Highlights

  • City View
  • Corner Lot
  • Storm Windows
  • Main Floor Bedroom
  • Front Porch
  • Built-In Features

About This Home

As of November 2023

Calling all investors! This historic, two-story duplex is the perfect income-producing property to add to your portfolio! Each of the units consists of two beds, one full bath & 1,141± square feet of living space. Features include a covered front porch, a 1st floor bedroom, and built-in cabinets/bookcases to name a few. Located on a quiet street right next to the Governor’s School in the city of Petersburg, VA. With a little TLC, this property is ideal for your next investment! This property is subject to Auction. The list price is not the selling price, but the opening bid. This property can be sold prior to the sale date with an offer that is acceptable to the Seller. This home is being sold completely "As-Is".

Last Agent to Sell the Property

Carly Hancock

Motleys Real Estate License #0225238313 Listed on: 08/18/2023

Last Buyer's Agent

Carly Hancock

Motleys Real Estate License #0225238313 Listed on: 08/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1895

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding
  • Clapboard

Interior Spaces

  • Main Floor Bedroom
  • 2,252 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • City Views
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Schools

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

Additional Features

  • Front Porch
  • Gas Water Heater

Community Details

  • 2 Units
  • Folly Castle Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 023-160015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,459

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1895
  • Lot Size Acres: 0.2659
  • Ownership: Individuals
  • Subdivision Name: Folly Castle
  • 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: Crawl Space
  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement YN: No
  • Door Features: Storm Door(s)
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level
  • Living Area: 2252.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Metal
  • Fencing: None
  • Lot Features: Corner Lot
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Historical, Owner Is Listing Agent
  • Construction Type: Brick, Clapboard, Wood Siding
  • Patio And Porch Features: Front Porch, Side Porch

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 023-160015
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1459.0
  • Tax Lot: 2

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
Aug 18, 2023
Closed on
Oct 23, 2023
Sold by
Wheatley Clifford
Bought by
Duarte Jose
Seller's Agent
Carly Hancock
Motleys Real Estate
Buyer's Agent
Carly Hancock
Motleys Real Estate
List Price
$30,000
Sold Price
$70,950
Premium/Discount to List
$40,950
136.5%
Views
336
Current Estimated Value
$196,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,217
Avg. Annual Appreciation
70.79%

Purchase Details

Closed on
Mar 1, 2010
Bought by
Lwm Llc
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
Duarte Jose $70,950 --
Lwm Llc $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $70,950 +136.5% $32 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $30,000 0.0% $13 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $30,000 -- $13 / 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 $1,459 $22,600 $22,600 $0
2024 $1,459 $132,900 $22,600 $110,300
2023 $1,459 $114,900 $22,600 $92,300
2022 $1,459 $114,900 $22,600 $92,300
2021 $1,274 $94,400 $22,600 $71,800
2020 $1,274 $94,400 $22,600 $71,800
2019 $1,274 $94,400 $22,600 $71,800
2018 $637 $94,400 $22,600 $71,800
2017 $1,274 $94,400 $22,600 $71,800
2016 $1,274 $94,400 $0 $0
2014 $1,274 $0 $0 $0
2013 $956 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2320127

Central Virginia Regional MLS

APN: 023-16-0015