NOT LISTED FOR SALE

718 Jefferson Place Petersburg, VA 23803

Estimated Value: $269,000 - $336,000

4 Beds
2 Baths
3,353 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $270,000 $81 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,756/month

32 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Beamed Ceilings
  • Deck
  • Granite Countertops
  • 1 Car Direct Access Garage

About This Home

As of September 2024

Old World charm meets modern comfort in this Custom built Cape with a Walk-Out Basement. NEW ROOF and a new electrical panel were just installed, the house is all brick and solid as a rock! The family room, completed with a brick fireplace, transitions into the dining & kitchen area, now illuminated by the recently installed recessed lights. The kitchen features NEW cabinets with pull-out shelves, Stainless Steel appliances, NEW stove & microwave, NEW Granite counters & ceramic backsplash. Whether it's a cup of tea or coffee, or a glass of wine, you will have multiple choices for relaxation in this house: on the NEW generously sized Deck, accessible from the kitchen, or in the Morning room, which connects to the Dining area. Two bedrooms with accented walls, along with a full bath, are located on the 1st level and another two bedrooms accompanied by a second full bath - on the 2nd level. In the basement you'll find a kitchenette with Granite counters, the same nice kitchen cabinets with pull-out shelves and an abundance of built-in cabinets. A spacious room adjacent to the Kitchenette, with access to the side yard, as well as a garage, can be used as a 5th bedroom or an additional family room. The basement offers great potential, making it perfect for generating supplemental rental income, or creating a man cave or In-Law Suite. Attached one-car garage adds to the convenience of everyday living. The property is in close proximity to I-95 S and a 30 minute drive to Downtown Richmond. A major development project called Sycamore Grove, which is planned by the VA government, will span over 500 sq ft near South Sycamore Street and Graham Road, and will be just around the corner of Jefferson PL. An anchored-grocery store, a restaurant and many other new businesses are planned to be included in the Sycamore Grove development. Being one of the oldest American cities, Petersburg will soon see more food resources and businesses moving in!

Last Agent to Sell the Property

Zhanna Shuparska

Joyner Fine Properties License #0225203862 Listed on: 07/04/2024

Joyner Fine Properties

Last Buyer's Agent

Eli Rich

First Choice Realty License #0225049064

First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1951

Lot Details

  • 0.34 Acre Lot
  • Zoning described as R-3

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,353 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Induction Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Cool Spring Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 032-070017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,004

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Property Attached Yn: No
  • Lot Size Acres: 0.3421
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2381.0
  • Architectural Style: Custom, Two Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 952.0
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Garage Access, Interior Entry, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Instant Hot Water, Microwave, Oven, Range, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Stove, Washer
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 972.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Bedroom on Main Level, Eat-in Kitchen, Fireplace, Granite Counters, Main Level Primary, Recessed Lighting, Window Treatments
  • Living Area: 3353.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Deck, Out Building(s), Porch, Storage, Shed, Paved Driveway
  • Other Structures: Shed(s), Outbuilding
  • Patio And Porch Features: Front Porch, Side Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Paved, Garage Faces Rear

Utilities

  • Heating: Hot Water, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 032-070017
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2004.06
  • Tax Lot: 41

MLS Schools

  • Elementary School: Cool Spring
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Aug 30, 2024
Sold by
Ginsberg Victoria
Bought by
Bryan Hinbee
Seller's Agent
Zhanna Shuparska
Joyner Fine Properties
Buyer's Agent
Eli Rich
First Choice Realty
List Price
$270,000
Sold Price
$270,000
Views
166
Current Estimated Value
$302,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,056
Avg. Annual Appreciation
10.25%
Original Mortgage
$270,000
Outstanding Balance
$261,085
Interest Rate
0.61%
Mortgage Type
VA
Estimated Equity
$40,971

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 18, 2021
Sold by
Cizler Cheryl J and Cizler Matyas J
Bought by
Ginsberg Victoria
Seller's Agent
Patricia Ray Barton
Joyner Fine Properties
Buyer's Agent
Zhanna Shuparska
Joyner Fine Properties
List Price
$124,950
Sold Price
$130,000
Premium/Discount to List
$5,050
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.28%
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
Bryan Hinbee $270,000 --
Ginsberg Victoria $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryan Hinbee $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2024 09/04/24 Sold $270,000 0.0% $81 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $270,000 +107.7% $81 / Sq Ft
08/24/2021 08/24/21 Sold $130,000 +4.0% $66 / Sq Ft View Prior Sale
07/26/2021 07/26/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $124,950 -- $64 / 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 $2,004 $252,800 $21,400 $231,400
2024 $2,004 $252,800 $21,400 $231,400
2023 $2,004 $96,900 $21,400 $75,500
2022 $1,231 $96,900 $21,400 $75,500
2021 $1,200 $88,900 $21,400 $67,500
2020 $1,200 $88,900 $21,400 $67,500
2019 $1,200 $88,900 $21,400 $67,500
2018 $1,200 $88,900 $21,400 $67,500
2017 $1,200 $88,900 $21,400 $67,500
2016 $1,200 $88,900 $0 $0
2014 $1,200 $0 $0 $0
2013 $600 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2417029

Central Virginia Regional MLS

APN: 032-07-0017