22 days on rocket

1887 Arch St, Petersburg, VA, 23805

$175,000

Home List Price

$2,078*

Closing Credit

2 Bedrooms
1 Full Bath
1,443 SqFt
$121/SqFt
House
Schools Nearby

Location

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1887 Arch St, Petersburg$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Oversized, Two Spaces, Shared Driveway, On Street
Garage1 space
Year Built1947
HeatingElectric, Oil
CoolingCentral Air
FireplaceMasonry
MLS #2408676
Lot Size0.18 Acres
StatusActive

About 1887 Arch St

Welcome to this charming Cape Cod house in the heart of Walnut Hill Addition in Petersburg. A diamond in the rough for savvy investors and DIY enthusiasts alike! Located in a desirable neighborhood, this property offers immense potential for those with a vision for transformation. This home features 2 bedrooms, 1 bathroom, oversized garage, unfinished attic space ready for expansion: potential for 2 additional bedrooms and 1 bathroom. Priced as an investor's special, this property is being sold as-is, providing a blank canvas for customization and renovation. While the house requires some TLC and updates, its inherent charm shines through, offering a unique opportunity to create a personalized dream home. Imagine turning the expansive attic space into a master suite, additional bedrooms, or a versatile home office. With creativity and effort, the possibilities are endless. The oversized garage adds value and convenience, providing ample space for parking, storage, or even a workshop. Located in a sought-after area of Petersburg, this property offers proximity to schools, parks, shopping, and dining, enhancing its appeal for potential buyers or renters. Don't miss out on this rare chance to invest in a property with endless potential. Whether you're seeking a fixer-upper project or looking to expand your real estate portfolio, this Cape Cod house is ready to be transformed into a remarkable home. Schedule a showing today and unleash the possibilities! Home is being sold AS-IS where is.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1947
  • Stories: 2
  • Living Area: 1,443 SqFt

Listing Office:

  • Office Name: United Real Estate Richmond
  • Office Phone: (804) 359-9200
  • Listing Agent: Denise Jones

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Wood
  • Interior: Dining Area
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Out Building(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, Oversized, Two Spaces, Shared Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Electric, Oil
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Petersburg High School, Public District Grades 10-12
  • Peabody Middle School, Public District Grades 6-7
  • Walnut Hill Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $121/SqFt

Tax Information:

  • Annual Amount: $1,373
  • 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

$224.9K

Med. Price/SqFt

$159

Avg. Days On Market

37

# of Sold Homes

63

1887 Arch St vs Petersburg

22 DAYS ON ROCKET

-15 Days

$175,000

-$49.9K Less

$121/SqFt

-$38 Less

KEY TAKEAWAY

This property is $49.9K less than the Median Sold Price and $38/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: #2408676

Listing Office:

  • Office Name: United Real Estate Richmond
  • Office Phone: (804) 359-9200
  • Listing Agent: Denise Jones

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: 5/1/2024, 4:25:16 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$1,373$106,300
2019$1,373$101,700
2018$1,373$101,700
2017$1,373$101,700

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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NMLS#3030

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-4058385
2
/10

  • Walnut Hill Elementary School

  • 300 W South Blvd

  • 0.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4058386
2
/10

  • Peabody Middle School

  • 725 Wesley St

  • 1.59 miles

  • Public District Grades 6-7

High School

school-card-donut-4058387
1
/10

  • Petersburg High School

  • 3101 Johnson Rd

  • 1.27 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 $58,390. Residents of Petersburg, VA typically earn between $35k-100k each year. Typical family type is 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 1887 Arch St

What is the listing price of this property?

The listing price of 1887 Arch St property is $175,000.

What type of property is this?

The property 1887 Arch St is a house located in Petersburg, Virginia, 23805.

Is this property for sale now?

Active Listing: 1887 Arch 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 1887 Arch St are:
Walnut Hill Elementary School: GreatSchools Rating 2/10
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 $1,373 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1887 Arch St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1887 Arch St is 1,443 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1887 Arch St is 1947.

Rocket Homes›Virginia›Petersburg›23805›1887 Arch St

This home is located at 1887 Arch St in Petersburg, VA and zip code 23805. This 1,443 square foot home, which was built in 1947, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $175,000.

Over 27 listings were sold over their listed price in March 2024 in Petersburg, VA. In the same period over 26 listings were sold below the listed price and 10 listings were sold for the listed price. Between February 2024 and March 2024, Petersburg, VA real estate market has seen increase in the number of listings by 9.2%. In March 2024 median list price was $224,950 and the average listing age was 37 days.

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

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