NOT LISTED FOR SALE

542 Hannon St Petersburg, VA 23803

Estimated Value: $108,000 - $145,000

2 Beds
1 Bath
672 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $26,000 $39 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $760/month

31 Days on Market

About This Home

As of December 2013

2 bedroom 1 bath. Great investment opportunity. Tons of potential. Motivated seller. Large fenced in back yard with deck.

Last Agent to Sell the Property

Michael Latimer

Commonwealth Real Estate Co License #0225206950 Listed on: 06/24/2013

Last Buyer's Agent

Michael Latimer

Commonwealth Real Estate Co License #0225206950 Listed on: 06/24/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $385

Year Built

  • 1955

Lot Details

  • 4,356

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 021-22-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$385

Year Built

1955

Lot Details

0

Listing Details

  • Structure: Block
  • Price Per Finished Sq Ft: 38.69
  • Finished Sq Ft: 672
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number of Rooms: 4
  • Total Bedrooms: 2
  • 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

  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Parking: Unpaved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Robert E. Lee
  • Middle School: Peabody
  • High School: Petersburg

Lot Info

  • Zoning: R-3 - Two-family Residence District Regulations
  • Lot: 28
  • Parcel Number: 021-22-0030

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Dec 11, 2013
Sold by
Not Available From County
Bought by
Mount Sinai Christian Ctr
Seller's Agent
Michael Latimer
Commonwealth Real Estate Co
Buyer's Agent
Michael Latimer
Commonwealth Real Estate Co
List Price
$30,000
Sold Price
$26,000
Premium/Discount to List
-$4,000
-13.33%
Current Estimated Value
$132,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,894
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mount Sinai Christian Ctr $26,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $26,000 -13.3% $39 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $30,000 -- $45 / 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 $385 $67,200 $9,200 $58,000
2023 $385 $30,300 $9,100 $21,200
2022 $385 $30,300 $9,100 $21,200
2021 $373 $27,600 $8,300 $19,300
2020 $373 $27,600 $8,300 $19,300
2019 $373 $27,600 $8,300 $19,300
2018 $373 $27,600 $8,300 $19,300
2017 $373 $27,600 $8,300 $19,300
2016 $373 $27,600 $0 $0
2014 $373 $0 $0 $0
2013 $279 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Latimer

    Seller's Agent in 2013

    Michael Latimer

    Commonwealth Real Estate Co

    (804) 516-2588

    3 in this area

    37 Total Sales

    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1316511

Central Virginia Regional MLS

APN: 021220030

Virginia Petersburg County Petersburg 23803

542 Hannon St, Petersburg, VA

This home is located at 542 Hannon St, Petersburg, VA 23803 since 24 June 2013 and is currently estimated at $129,901, approximately $193 per square foot. This property was built in 1955. 542 Hannon 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.

Nearby Homes