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1737 Fairfax Street

1737 Fairfax Street, Petersburg, VA 23805
House in Petersburg
Sold Apr 01, 2021
$182,000
$178,703 by American Fin'l Network
Mortgage Due Apr 01, 2051
Sold Aug 24, 2017
$135,000
$137,902 by Navy Fcu Navy Fcu
Mortgage Due Aug 23, 2047
Local assessors in Petersburg, VA have categorized 1737 Fairfax Street as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 8,250 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1737 Fairfax Street has a total of 1,844 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1737 Fairfax Street sold most recently in Mar 31, 2021 for a total of $182,000. If you work out the math, that's approximately a cost of $98.70 per sqft. Before that, the property was also sold for $135,000 in Aug 9, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,769 in taxes each year. 1737 Fairfax Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $139,300. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $99,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1962
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,118
  • Garage Type: Detached
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,844
  • Gross Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT HILL ADDITION
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 45-46 PT 47 BK 8F1 WALNUT HILL ADD 55X150

Ownership

  • Current Owner : NICHOLAS MICHELLE LEASA
  • Current Owner 2: LEWIS NICHOLAS JOHN
  • Previous Owner : KENT JUSTIN A
  • Previous Owner 2: KENT MEGAN E
  • Owner Before Previous Owner: WILSON BRIAN S
  • Owner Before Previous Owner 2: WILSON MARY L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Petersburg City Public Schools
  • Census Tract: 811000

Zoning

  • Zoning: R-1

Geography

  • District: 3
  • Parcel: 054060018
  • Block: 8
  • Lot: 45-46
  • Municipality: PARHAM
  • Latitude: 37.2063
  • Longitude: -77.3911

    Address

  • Full Address: 1737 Fairfax St
  • Address - House Number: 1737
  • Address - Street Name: Fairfax
  • Address - Suffix Type: St
  • State: VA
  • City Name: Petersburg
  • Carrier Code: C062
  • 4-Digit Zip Code: 1647
  • Zip Code: 23805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,769

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 248,063
  • High Value: 316,439
  • Low Value: 179,687

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,703
  • First Open Lien Mortgage Lender: AMERICAN FIN'L NETWORK
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $178,703
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $139,300
  • Market Land Value: $40,000
  • Market Improvement Value: $99,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,300
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $99,300

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11877822595
  • Current Sale Price: $182,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 24, 2017
  • Previous Sale Contract Date: Aug 09, 2017
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FIN'L NETWORK
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $178,703
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU NAVY FCU
  • Previous Mortgage Transaction Date: Aug 24, 2017
  • Previous Mortgage Loan Amount: $137,902
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 23, 2047

About Petersburg



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Frequently Asked Questions

What neighborhood is 1737 Fairfax Street located in?
The 1737 Fairfax Street is a house located in the neighborhood of Petersburg in Petersburg, Petersburg.
What is the average sales price for listings in 1737 Fairfax Street?
The average sales price for units in 1737 Fairfax Street is $0 currently.

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