NOT LISTED FOR SALE

734 S Sycamore St Petersburg, VA 23803

Estimated Value: $386,453

2 Beds
3 Baths
4,500 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $200,000 $44 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,300/month

93 Days on Market

About This Home

As of April 2019

Multi-family income producing opportunity with cap rate of 10 or so. Current rent roll total $2,555 and owner pays water utility. Property consists of approx 4,500 SF with 4 separate apartments including: 4 bedroom, 1.5 bath apartment, 2 bedroom, 1 bath apartment and two additional one bedroom, one bath apartment in carriage house. Tax records do not include carriage house that has 2 of the apartments. Tons of original charm and character throughout this property including original wood floors, fireplaces, arches and original moldings. Strong rental history w/ very low vacancy. Adjacent lot at 726 S Sycamore is also available..

Last Agent to Sell the Property

Julie Karvelis

Ridge Point Realty LLC License #0225185463 Listed on: 11/27/2018

Last Buyer's Agent

Angie Brown

Samson Properties License #0225066668

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 0.25

Home Design

  • Quadruplex
  • Spanish Architecture
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Walnut Hill Elementary School
  • Peabody Middle School
  • Petersburg High School

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 031-28-0009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1915
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Spanish/Mediterranean
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Renovated
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Basement YN: No
  • Living Area: 4500.0
  • Stories: 2

Exterior Features

  • Roof: Tile
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Frame, Stucco

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Peabody

Lot Info

  • Parcel Number: 031-28-0009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 25, 2019
Sold by
Carmel Hldg Co Llc
Bought by
Black Nathaniel
Seller's Agent
Julie Karvelis
Ridge Point Realty LLC
Buyer's Agent
Angie Brown
Samson Properties
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$386,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,453
Avg. Annual Appreciation
7.20%
Original Mortgage
$150,000
Outstanding Balance
$133,475
Interest Rate
4.3%
Mortgage Type
Construction
Estimated Equity
$176,221

Purchase Details

Closed on
Apr 8, 2008
Bought by
Carmel Holdings Llc
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
Black Nathaniel $205,000 --
Carmel Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Nathaniel $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $200,000 -2.4% $44 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $204,900 -2.4% $46 / Sq Ft
11/27/2018 11/27/18 For Sale $209,900 -- $47 / 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 $1,988 $156,500 $36,500 $120,000
2023 $1,988 $156,500 $36,500 $120,000
2022 $1,988 $156,500 $36,500 $120,000
2021 $2,113 $156,500 $36,500 $120,000
2020 $2,113 $156,500 $36,500 $120,000
2019 $2,113 $156,500 $36,500 $120,000
2018 $2,113 $156,500 $36,500 $120,000
2017 $2,113 $156,500 $36,500 $120,000
2016 $2,113 $156,500 $0 $0
2014 $2,113 $0 $0 $0
2013 $488 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julie Karvelis

    Ridge Point Realty LLC

    (804) 908-2020

    69 Total Sales

    Section Image
  • Angie Brown

    Buyer's Agent in 2019

    Angie Brown

    Samson Properties

    (804) 922-1555

    3 in this area

    21 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1839937

Central Virginia Regional MLS

APN: 031-28-0009

Virginia Petersburg County Petersburg 23803

734 S Sycamore St, Petersburg, VA

This home is located at 734 S Sycamore St, Petersburg, VA 23803 since 27 November 2018 and is currently estimated at $386,453, approximately $85 per square foot. This property was built in 1915. 734 S Sycamore 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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