16 days on rocket

323 W Washington St, Petersburg, VA, 23803

$850,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
6 Full Baths, 1 Partial
7,412 SqFt
$115/SqFt
House
Schools Nearby

Location

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323 W Washington St, Petersburg$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1763
HeatingForced Air, Natural Gas
CoolingCentral Air, Zoned
BasementYes
FireplaceMasonry
MLS #2411162
Lot Size0.60 Acres
StatusActive

About 323 W Washington St

FOLLY CASTLE C. 1763. Folly Castle was thought to be completed in 1763 and is arguably one of the most historically significant structures in Petersburg. It was built by Peter Jones, II, who was the grandson of the city’s founder and namesake. In the 1700's, large dwellings were often referred to as castles. Because Peter was a young bachelor and childless, it was considered a folly to build such a large house...hence the name Folly Castle. This showplace was meticulously constructed with fireplaces in each room, glorious floor to ceiling windows, heart pine floors, high ceilings, a slate roof, and exquisite woodwork. The property includes the main house with 4 bedrooms (3 have ensuite bathrooms), an English basement which has been transformed to a luxury 1-bedroom apartment, the original brick kitchen building, serving as another high-end income producing residence with 2 bedrooms, 2 renovated bathrooms, and renovated kitchen, and yet another outbuilding for storage. The courtyard exudes charm with its brick walks, white picket fencing, fishpond, and century old traditional Virginia plantings. This fenced .6-acre lot has additional space at the rear for parking, garage, gardens or pool.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Two Story
  • Year Built: 1763
  • Stories: 2
  • Living Area: 7,412 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (804) 729-5188
  • Listing Agent: Jeff Clark

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Disposal, Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Wet Bar, Separate/Formal Dining Room, Fireplace, Granite Counters, High Ceilings
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch, Storage, Shed

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Petersburg High School, Public District Grades 10-12
  • Peabody Middle School, Public District Grades 6-7
  • J.E.B. Stuart Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $1,143
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Petersburg, VA.

Med. Sold Price

$229.9K

Med. Price/SqFt

$160

Avg. Days On Market

24

# of Sold Homes

67

323 W Washington St vs Petersburg

16 DAYS ON ROCKET

-8 Days

$850,000

+$620K More

$115/SqFt

-$46 Less

KEY TAKEAWAY

This property is $620K more than the Median Sold Price and $46/SqFt less than other homes in Petersburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2411162

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (804) 729-5188
  • Listing Agent: Jeff Clark

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 3:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,143$84,700
2019$858$84,700
2018$1,143$84,700
2017$1,143$84,700

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7810186
1
/10
  • J.E.B. Stuart Elementary School

  • 100 Pleasants Ln

  • 1.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7810187
3
/10
  • Peabody Middle School

  • 725 Wesley St

  • 0.64 miles

  • Public District Grades 6-7

High School

school-card-donut-7810188
3
/10
  • Petersburg High School

  • 3101 Johnson Rd

  • 2.88 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,141. Most Petersburg, VA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 323 W Washington St

What is the listing price of this property?

The listing price of 323 W Washington St property is $850,000.

What type of property is this?

The property 323 W Washington St is a house located in Petersburg, Virginia, 23803.

Is this property for sale now?

Active Listing: 323 W Washington St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 323 W Washington St are:
J.E.B. Stuart Elementary School: GreatSchools Rating 1/10
Peabody Middle School: GreatSchools Rating 3/10
Petersburg High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,143 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 323 W Washington St has 7 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 323 W Washington St is 7,412 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 323 W Washington St is 1763.

Rocket HomesVirginiaPetersburg23803323 W Washington St

This home is located at 323 W Washington St in Petersburg, VA and zip code 23803. This 7,412 square foot home, which was built in 1763, sits on a 0.60 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $850,000.

Petersburg, VA housing market in May 2024 saw over 24 listings sold above listed price, more than 18 sold at listed price and over 25 sold below. The inventory of homes for sale in Petersburg, VA between April 2024 and May 2024 increased by 4.7%. The median list price of listings available in May 2024 was $229,962, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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