NOT LISTED FOR SALE

506 Park Dr S Petersburg, VA 23805

Estimated Value: $205,000 - $241,851

3 Beds
1 Bath
1,264 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $47,850 $38 Per Sq Ft

Est. 365% increase in value since last sale

Current estimated payment $1,350/month

30 Days on Market

About This Home

As of August 2015

AUCTION*AUCTION*AUCTION*house sells on site to highest bid at or above $49K ! Price shown is opening bid. Auction ; early offers will be presented. First time on the market in 23 years. Quiet street, walk to Richard Bland College. This house has been a great rental since 1992; most recently leased at $875/mo BEFORE the renovation. All new kitchen, carpet and vinyl flooring, new molded tub/shower unit, fresh paint. Rubber membrane roof and thermal windows just 5 years young. Ready to occupy.

Last Agent to Sell the Property

Linda Terry

Tranzon Key Auctions License #0225037588 Listed on: 06/01/2015

Last Buyer's Agent

Linda Terry

Tranzon Key Auctions License #0225037588 Listed on: 06/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • 1954

Lot Details

  • 0.68

Home Design

  • Flat Roof Shape
  • Rubber Roof

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 080-12-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

1954

Lot Details

0

Listing Details

  • Structure: Block
  • Price Per Finished Sq Ft: 37.86
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Flooring: Carpet-W-W, Vinyl
  • Interior: 1st Floor Bedroom, Built In Cabinet/Bookcases, Cable TV, Dining Area, Eat-In-Kitchen
  • Number of Rooms: 6
  • Fireplace: Non-Working
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Patio, Rear
  • Exterior: Thermal Windows
  • Roof: Flat, Rubber
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached, Direct Entry
  • Number Of Cars: 1
  • Parking: Off Street

Utilities

  • Heating Fuel: Electric
  • Heating: Electric
  • Cooling: Individual Window Units
  • Heating Description: baseboard
  • Sewer: Public Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Zoning: R-1A - Single-Family Residence District Regulations
  • Parcel Number: 080-12-0004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2016
Sold by
Janson John M
Bought by
Whitley Lynda A
Current Estimated Value
$222,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,700
Outstanding Balance
$19,408
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$192,886
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
Whitley Lynda A $75,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitley Lynda A $40,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $47,850 -2.3% $38 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $49,000 -- $39 / 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 $1,634 $146,600 $29,700 $116,900
2023 $1,634 $128,700 $29,700 $99,000
2022 $1,634 $128,700 $29,700 $99,000
2021 $1,337 $99,000 $29,700 $69,300
2020 $1,337 $99,000 $29,700 $69,300
2019 $1,337 $99,000 $29,700 $69,300
2018 $137 $99,000 $29,700 $69,300
2017 $1,337 $99,000 $29,700 $69,300
2016 $1,337 $99,000 $0 $0
2014 $1,337 $0 $0 $0
2013 $1,337 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Terry

    Seller's Agent in 2015

    Linda Terry

    Tranzon Key Auctions

    (866) 872-6966

    4 in this area

    137 Total Sales

    Linda Terry
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Map

Source: Central Virginia Regional MLS

MLS Number: 1516056

Central Virginia Regional MLS

APN: 080-12-0004

Virginia Petersburg County Petersburg 23805

506 Park Dr S, Petersburg, VA

This home is located at 506 Park Dr S, Petersburg, VA 23805 since 01 June 2015 and is currently estimated at $222,713, approximately $176 per square foot. This property was built in 1954. 506 Park Dr S is a home located in Petersburg City with nearby schools including Petersburg High School and Saint Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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