NOT LISTED FOR SALE

525 W Washington St Petersburg, VA 23803

Old Towne Petersburg Neighborhood

Estimated Value: $116,000 - $302,000

5 Beds
2.5 Baths
2,901 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $127,000 $44 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,442/month

47 Days on Market

Highlights

  • City View
  • High Ceiling
  • Heating System Uses Natural Gas
  • Separate Formal Living Room
  • Central Air

About This Home

As of September 2020

Come see this Historic Home with possible In law suite. This 3 bedroom home boasts original hardwood floors with large rooms. The over-sized Living room and dining room are great for entertaining. This home also has a suite in the basement which could be used as an In Law suite with its own private bedroom and 2 bathrooms. Lots of Potential, private park like yard and porch of the kitchen. Close to Historic Petersburg. Over 3000 square feet of History sitting right here. Good Rental or make it Home Sweet Home ...

Last Agent to Sell the Property

Nicole Lee

Samson Properties License #0225212174 Listed on: 06/10/2020

Samson Properties

Last Buyer's Agent

Dixie Hawkins

Parr & Abernathy Realty, Inc. License #0225040176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1850

Lot Details

  • 4,513 Sq Ft Lot
  • Zoning described as R-3

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Plaster

Interior Spaces

  • 2,901 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Separate Formal Living Room
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 023-110020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1850
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.1036
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1015.0
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Interior Amenities: Separate/Formal Dining Room, High Ceilings
  • Living Area: 2901.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: None
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Plaster
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

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

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 023-110020
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2109.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 10, 2020
Sold by
Baim Realty 3 Llc
Bought by
French John
Seller's Agent
Nicole Lee
Samson Properties
Buyer's Agent
Dixie Hawkins
Parr & Abernathy Realty, Inc.
List Price
$130,000
Sold Price
$127,000
Premium/Discount to List
-$3,000
-2.31%
Current Estimated Value
$241,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,311
Avg. Annual Appreciation
13.92%
Original Mortgage
$107,950
Outstanding Balance
$96,715
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$143,763

Purchase Details

Listed on
Mar 20, 2017
Closed on
Aug 1, 2017
Sold by
Dick Martha M
Bought by
Mirzakandov Aleksandr
Seller's Agent
Romilda Smith
Keller Williams Realty
Buyer's Agent
Nicole Lee
Samson Properties
List Price
$60,000
Sold Price
$62,151
Premium/Discount to List
$2,151
3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.56%
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
French John $127,000 --
Mirzakandov Aleksandr $62,251 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French John $107,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $127,000 -5.9% $44 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $134,999 -1.5% $47 / Sq Ft
07/21/2020 07/21/20 Price Changed $137,000 -0.7% $47 / Sq Ft
07/09/2020 07/09/20 Price Changed $137,995 -0.4% $48 / Sq Ft
06/30/2020 06/30/20 Price Changed $138,500 +6.5% $48 / Sq Ft
06/10/2020 06/10/20 For Sale $130,000 +109.2% $45 / Sq Ft
08/02/2017 08/02/17 Sold $62,151 +3.6% $21 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $60,000 0.0% $21 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/24/2017 04/24/17 Price Changed $60,000 -40.0% $21 / Sq Ft
04/17/2017 04/17/17 Price Changed $100,000 -16.7% $34 / Sq Ft
03/20/2017 03/20/17 For Sale $120,000 -- $41 / 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 $1,448 $202,500 $19,600 $182,900
2023 $1,448 $114,000 $19,600 $94,400
2022 $1,448 $114,000 $19,600 $94,400
2021 $2,109 $156,200 $19,600 $136,600
2020 $2,109 $156,200 $19,600 $136,600
2019 $2,109 $156,200 $19,600 $136,600
2018 $2,109 $156,200 $19,600 $136,600
2017 $2,109 $156,200 $19,600 $136,600
2016 $2,109 $156,200 $0 $0
2014 $2,109 $0 $0 $0
2013 $2,099 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicole Lee

    Seller's Agent in 2020

    Nicole Lee

    Samson Properties

    (804) 833-9962

    1 in this area

    35 Total Sales

    Section Image
  • Dixie Hawkins

    Buyer's Agent in 2020

    Dixie Hawkins

    Parr & Abernathy Realty, Inc.

    (804) 731-3038

    1 in this area

    18 Total Sales

    Section Image
  • Romilda Smith

    Seller's Agent in 2017

    Romilda Smith

    Keller Williams Realty

    (804) 592-1489

    20 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2017144

Central Virginia Regional MLS

APN: 023110020

Virginia Petersburg County Petersburg 23803 Old Towne Petersburg

525 W Washington St, Petersburg, VA

This home is located at 525 W Washington St, Petersburg, VA 23803 since 10 June 2020 and is currently estimated at $241,311, approximately $83 per square foot. This property was built in 1850. 525 W Washington St 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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