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Petersburg 23803
531 Hannon Street
$185,000
House - In Contract

531 Hannon Street

Petersburg, VA 23803
bedrooms
3 Beds
bathrooms
2 Baths
$954
Estimated Monthly
11.35%
Cap Rate

About This Property

This delightful property offers the convenience of one-level living in the heart of Petersburg. Recently renovated with a new roof, windows, laminate flooring, and sleek kitchen cabinets with granite countertops, this home epitomizes modern comfort. Enjoy spacious bedrooms and a large rear private deck, perfect for outdoor relaxation and entertaining. With its prime location and contemporary amenities, 531 Hannon Street presents an ideal opportunity for those seeking the perfect blend of style and convenience in Petersburg, VA.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$45
HOA Dues
-
Year Built
1956

Listed By

Phillip Hughes
River City Elite Properties
Last updated: 24 days ago (CVRMLS #2409685)

Price History

Date / Event Date Event Price
May 24, 2024 In contract -
In contract
May 10, 2024 Listed by River City Elite Properties $185,000
Listed by River City Elite Properties
Dec 7, 2017 Sold to Phillip Hughes $38,700
Sold to Phillip Hughes
Jul 2, 2017 Listed by River City Elite Properties $25,000
Listed by River City Elite Properties
Apr 18, 2008 Sold to Alexander Cain $35,000
Sold to Alexander Cain

Property Highlights

Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 2

Interior Information

Living Area Square Feet: 880
Living Area Square Feet Source: Appraiser

Room Information

Rooms: 5
Exterior Details

Property Information

Property Condition: Resale
Year Built: 1956

Building Information

Roof: Composition
Construction Materials: Frame, Wood Siding

Pool Information

Pool Features: None

Lot Information

Lot Size Acres: 0.1085

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1974
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,725
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 450
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND TERRACE
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 HIGHLAND TER PL45 X 105

Ownership

  • Current Owner : HUGHES PHILLIP
  • Previous Owner : ALEXANDER CAIN
  • Owner Before Previous Owner: NOT AVAILABLE FROM COUNTY
  • Owner Generation Identifier: JR

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MAP #: 021
  • District: 4
  • Parcel: 021240012
  • Lot: 21
  • Municipality: CUTHBERT
  • Latitude: 37.2266
  • Longitude: -77.3917

    Address

  • Full Address: 531 Hannon St
  • Address - House Number: 531
  • Address - Street Name: Hannon
  • Address - Suffix Type: St
  • State: VA
  • City Name: Petersburg
  • Carrier Code: C017
  • 4-Digit Zip Code: 4465
  • Zip Code: 23803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $540
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2737
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 103,459
  • High Value: 131,777
  • Low Value: 75,142

    Market Valuation

  • Market Total Value: $42,500
  • Market Land Value: $9,100
  • Market Improvement Value: $33,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,500
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $33,400

    Sales

  • Current Sale Contract Date: Nov 20, 2017
  • Current Sale Recording Date: Dec 07, 2017
  • Current Sale Transaction ID: 11831998879
  • Current Sale Price: $38,700
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Apr 18, 2008
  • Previous Sale Contract Date: Apr 18, 2008
  • Previous Sale Amount: $35,000
  • Previous 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
2 Baths
-
$189,900 Mar 12, 2023
$189,900 Apr 29, 2023
$77/mo
House
3 Beds
1 Bath
-
$190,000 May 16, 2023
$190,000 Jun 29, 2023
$39/mo
House
3 Beds
2 Baths
-
$183,600 Jul 24, 2023
$183,600 Sep 18, 2023
$130/mo
House
3 Beds
1 Bath
-
$165,000 Mar 11, 2024
$165,000 Apr 22, 2024
$129/mo
House
3 Beds
3 Baths
-
$199,000 Jul 1, 2021
$199,000 Sep 17, 2021
$83/mo
House
3 Beds
2 Baths
-
$230,000 Feb 15, 2023
$230,000 Mar 24, 2023
$26/mo
House
3 Beds
1 Bath
-
$189,900 May 24, 2024
-
$78/mo
House
3 Beds
1 Bath
-
$185,000 May 7, 2024
-
$46/mo
House
3 Beds
2 Baths
-
$194,900 May 3, 2024
-
$31/mo
In Contract
House
3 Beds
1 Bath
-
$159,000 Apr 3, 2024
-
$32/mo
House
2 Beds
2 Baths
-
$159,900 Nov 23, 2023
-
$24/mo
Commercial
Loft
-
-
$200,000 Mar 1, 2024
-
-

About Petersburg


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Frequently Asked Questions

When was property at 531 Hannon Street built and last sold?
The property at 531 Hannon Street was built in 1956 and last sold on Nov 20, 2017 for $38,700.
How much is this home worth?
The estimated value of the home located at 531 Hannon Street is $186,850.
What are some comparable homes to 531 Hannon Street?
Homes that are comparable to 531 Hannon Street include a house property at 427 Adams Street South, 309 Old Church Street North, 719 Wythe Street East.

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