NOT LISTED FOR SALE

722 Marks Alley Petersburg, VA 23803

Estimated Value: $120,000 - $231,000

3 Beds
2 Baths
1,120 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $65,000 $58 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $959/month

66 Days on Market

Highlights

  • Cooling Available
  • Heat Pump System
  • 1-Story Property

About This Home

As of March 2021

Flip potential for investor or rental investment. Three bedroom, 2 bath ranch in Petersburg less than 5 minutes to Ft. Lee main gate, or downtown Petersburg, literally 2 minutes to I-95. Tenants are gone, but needs some cosmetic clean up/work. Owner in process of getting AC condenser replaced via insurance as they were stolen at time of tenant vacating. Lots of potential with what is now a very basic layout and yard. Wouldn't take much to landscape and make this shine like never before. Lot is 125 ft deep so room to fence rear yard. Sold as-is.

Last Agent to Sell the Property

Kenneth Storey

Hometown Realty License #0225078114 Listed on: 11/23/2020

Last Buyer's Agent

Kenneth Storey

Hometown Realty License #0225078114 Listed on: 11/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1963

Lot Details

  • 6,874 Sq Ft Lot
  • Zoning described as R-3

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Blandford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021-180010

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1963
  • Property Attached Yn: No
  • Lot Size Acres: 0.1578
  • Ownership: Individuals
  • Subdivision Name: Blandford
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1120.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 021-180010
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 833.0

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 23, 2021
Sold by
Mclean Mary R and Mclean Ulysses O
Bought by
Home 4 Life Llc
Seller's Agent
Kenneth Storey
Hometown Realty
Buyer's Agent
Kenneth Storey
Hometown Realty
List Price
$69,950
Sold Price
$65,000
Premium/Discount to List
-$4,950
-7.08%
Current Estimated Value
$167,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,475
Avg. Annual Appreciation
22.56%

Purchase Details

Closed on
Jan 1, 2014
Bought by
Mclean
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
Home 4 Life Llc $65,000 --
Mclean -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $65,000 -13.3% $58 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $74,950 +7.1% $67 / Sq Ft
11/23/2020 11/23/20 For Sale $69,950 -- $62 / 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 $841 $109,800 $11,100 $98,700
2023 $841 $66,200 $8,200 $58,000
2022 $841 $66,200 $8,200 $58,000
2021 $876 $64,900 $8,000 $56,900
2020 $876 $64,900 $8,000 $56,900
2019 $833 $61,700 $7,600 $54,100
2018 $833 $61,700 $7,600 $54,100
2017 $833 $61,700 $7,600 $54,100
2016 $833 $61,700 $0 $0
2014 $627 $0 $0 $0
2013 $833 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kenneth Storey

    Hometown Realty

    (804) 730-7195

    12 in this area

    70 Total Sales

    Kenneth Storey
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Map

Source: Central Virginia Regional MLS

MLS Number: 2035601

Central Virginia Regional MLS

APN: 021180010

Virginia Petersburg County Petersburg 23803

722 Marks Alley, Petersburg, VA

This home is located at 722 Marks Alley, Petersburg, VA 23803 since 23 November 2020 and is currently estimated at $167,475, approximately $149 per square foot. This property was built in 1963. 722 Marks Alley 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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