4 months on rocket

Sale Pending

1505 W Ln, Petersburg, VA, 23803

$319,000

Home List Price

$3,788*

Closing Credit

5 Bedrooms
3 Full Baths
2,179 SqFt
$146/SqFt
House
Schools Nearby

Location

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1505 W Ln, Petersburg$319,000

Buyer Closing Credits

$3,788*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, On Street, Unpaved
Year Built1962
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
BasementYes
MLS #2330190
Lot Size0.25 Acres
StatusSale Pending
(Pending)

About 1505 W Ln

Back on the market - no fault of the seller. This professionally renovated residence is a perfect blend of modern elegance and practical comfort in a desirable neighborhood and has great potential for multi-generational living. The main floor features a beautifully designed kitchen with new Frigidaire appliances, granite counters, and cabinets. The layout of the house is thoughtfully planned, with four generously sized bedrooms. The master suite features a luxurious ensuite bathroom and 3 large closets. One of the highlights of this home is the finished basement. Here, you'll find a spacious family room, perfect for entertaining or creating a cozy movie night. The basement also includes the 4th bedroom, 3rd bathroom, and a flex room that can be used as an office, guest room, etc. This property has undergone significant upgrades including new windows, exterior doors, roof, heat pump, water heater, and bathrooms. The exterior of the property is equally impressive, with mature landscaping and a spacious backyard, perfect for outdoor activities and gatherings. In summary, this 4-bedroom, 3-bath house is a gem, offering a perfect blend of style, comfort, and functionality. Don't miss the opportunity to make this house your home – schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Stories: 1
  • Living Area: 2,179 SqFt

Listing Office:

  • Office Name: Movement Realty Professionals
  • Office Phone: (804) 306-3112
  • Listing Agent: Barbara Thomas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Cooktop, Self Cleaning Oven, Stove
  • Basement: Yes
  • Flooring Type: Vinyl, Wood
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Double Vanity, Eat-in Kitchen, Granite Counters, Main Level Primary, Pantry, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Unpaved Driveway

Parking Information:

  • Parking: Driveway, Off Street, On Street, Unpaved

Lot Features

Lot Information:

  • Lot: Cleared, Landscaped
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump

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: $319,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $1,316
  • Tax Year: 2021
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Housing Market Comparison

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

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Petersburg, VA

City

Med. Sold Price

$226.2K

Med. Price/SqFt

$160

Avg. Days On Market

30

# of Sold Homes

61

1505 W Ln vs Petersburg

126 DAYS ON ROCKET

+96 Days

$319,000

+$92.7K More

$146/SqFt

-$14 Less

KEY TAKEAWAY

This property is $92.7K more than the Median Sold Price and $14/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: #2330190

Listing Office:

  • Office Name: Movement Realty Professionals
  • Office Phone: (804) 306-3112
  • Listing Agent: Barbara Thomas

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: 5/2/2024, 9:25:17 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$1,316$101,500
2019$1,316$97,500
2018$1,316$97,500
2017$1,316$97,500

History based on county public records data.

Payment Calculator

$1,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,023

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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-4656545
1
/10

  • J.E.B. Stuart Elementary School

  • 100 Pleasants Ln

  • 0.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4656546
2
/10

  • Peabody Middle School

  • 725 Wesley St

  • 1.51 miles

  • Public District Grades 6-7

High School

school-card-donut-4656547
1
/10

  • Petersburg High School

  • 3101 Johnson Rd

  • 2.23 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,500. Residents of Petersburg, VA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 W Ln

What is the listing price of this property?

The listing price of 1505 W Ln property is $319,000.

What type of property is this?

The property 1505 W Ln is a house located in Petersburg, Virginia, 23803.

Is this property for sale now?

Sale Pending: 1505 W Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1505 W Ln are:
J.E.B. Stuart Elementary School: GreatSchools Rating 1/10
Peabody Middle School: GreatSchools Rating 2/10
Petersburg High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,316 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1505 W Ln has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1505 W Ln is 2,179 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 W Ln is 1962.

Rocket Homes›Virginia›Petersburg›23803›1505 W Ln

This home is located at 1505 W Ln in Petersburg, VA and zip code 23803. This 2,179 square foot home, which was built in 1962, sits on a 0.25 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $319,000.

Petersburg, VA housing market in April 2024 saw over 15 listings sold above listed price, more than 21 sold at listed price and over 24 sold below. Between March 2024 and April 2024, Petersburg, VA real estate market has seen increase in the number of listings by 4.3%. The median list price of listings available in April 2024 was $226,273, while the average time on the real estate market was 30 days.

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

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