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Petersburg 23803
29 Cherry Street
$108,000
↓ $7K (6.1%)
House - For Sale

29 Cherry Street

Petersburg, VA 23803
bedrooms
4 Beds
bathrooms
1 Bath
$585
Estimated Monthly
27.18%
Cap Rate

About This Property

4 bedroom one bath home! Open to investors and cash offers. Great fix and flip, and great rental to add to your portfolio! Includes a fenced yard and storage shed. The owner is licensed real estate broker in State of Virginia. Great fix and flip, great rental to add to portfolio.  Solid home great opportunity to acquire this one at the right price!
Unit Size
-
Days on Market
51 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$54
HOA Dues
-
Year Built
1952

Listed By

Last updated: 6 days ago (CVRMLS #2409483)

Price History

Date / Event Date Event Price
Jun 1, 2024 Price Decreased $108,000
↓ $7K (6.1%)
Price Decreased
Apr 16, 2024 Listed by Hobbs Realty LLC $115,000
Listed by Hobbs Realty LLC
Aug 29, 1962 Sold to John T Hobbs, Marva Hobbs $5,500
Sold to John T Hobbs, Marva Hobbs

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway, Off Street, Unpaved
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Ceiling Fans
Appliances: Oven, Refrigerator, Range Hood, Stove
Flooring Type: PartiallyCarpeted, Wood
Living Area Square Feet: 864
Living Area Square Feet Source: Assessor

Room Information

Rooms: 6

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1968
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,300
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 500
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Wood burning
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANN
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 44-45 MANN PLAT 50 X 86.5

Ownership

  • Current Owner : HOBBS JOHN T
  • Current Owner 2: HOBBS MARVA
  • Previous Owner : NOT AVAILABLE FROM COUNTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Petersburg City Public Schools
  • Census Tract: 810100

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MAP #: 012
  • District: 4
  • Parcel: 012170019
  • Lot: 44-45
  • Municipality: CUTHBERT
  • Latitude: 37.2317
  • Longitude: -77.3917

    Address

  • Full Address: 29 Cherry St
  • Address - House Number: 29
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: VA
  • City Name: Petersburg
  • Carrier Code: C014
  • 4-Digit Zip Code: 3411
  • Zip Code: 23803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $645
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 136,162
  • High Value: 173,625
  • Low Value: 98,699

    Market Valuation

  • Market Total Value: $50,800
  • Market Land Value: $9,200
  • Market Improvement Value: $41,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,800
  • Assessed Land Value: $9,200
  • Assessed Improvements Value: $41,600

    Sales

  • Current Sale Contract Date: Aug 29, 1962
  • Current Sale Recording Date: Aug 29, 1962
  • Current Sale Transaction ID: 11709547237
  • Current Sale Price: $5,500
  • Current Sale Document Type: Grant Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$145,000 Jun 4, 2021
$145,000 Nov 29, 2021
$89/mo
Multifamily
Stu
-
-
$144,000 Apr 7, 2022
$144,000 May 26, 2022
$74/mo
Multifamily
Stu
-
-
$125,000 Dec 15, 2023
$125,000 Jan 24, 2024
$43/mo
Multifamily
Stu
-
-
$94,900 Apr 15, 2021
$94,900 Jul 16, 2021
$46/mo
House
4 Beds
1 Bath
-
$100,000 Jan 19, 2023
-
$100/mo
House
2 Beds
1 Bath
-
$125,000 Mar 25, 2024
-
$65/mo
Commercial
Loft
-
-
$115,000 Sep 18, 2023
-
-

About Petersburg


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Frequently Asked Questions

When was property at 29 Cherry Street built and last sold?
The property at 29 Cherry Street was built in 1952 and last sold on Aug 29, 1962 for $5,500.
How much is this home worth?
The estimated value of the home located at 29 Cherry Street is $116,150.
What are some comparable homes to 29 Cherry Street?
Homes that are comparable to 29 Cherry Street include a house property at 540 Mingea Street, a commercial property at 218 Old Church Street North, a house property at 10 Old Church Street North.

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