new - 7 days on rocket

1016 S Crater Rd, Petersburg, VA, 23805

$224,900

Home List Price

$2,671*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,095 SqFt
$205/SqFt
House

Location

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1016 S Crater Rd, Petersburg$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1965
HeatingBaseboard, Electric
CoolingCentral Air
MLS #2429681
Lot Size0.28 Acres
StatusActive

About 1016 S Crater Rd

Move-In Ready Ranch with Stylish Renovations, Prime Location & Spacious Yard Step into this beautifully updated ranch-style home, offering the ease of one-level living with high-end renovations designed for comfort and convenience. As you enter, you’ll be greeted by freshly painted walls and luxurious LVT flooring that flows throughout the entire home, creating a cohesive, modern look. The heart of this home is the large eat-in kitchen, where granite countertops, a sleek tile backsplash, and brand-new vanities elevate the space. Perfect for hosting family and friends, this kitchen is as functional as it is beautiful, with ample room for dining and gathering. Every detail has been carefully updated to enhance this home’s appeal. New light fixtures throughout add brightness and character, while ceiling fans in all bedrooms ensure comfort year-round. Major systems have been updated as well, with a brand-new roof and HVAC system installed in 2024 for long-term peace of mind and energy efficiency. Step outside to discover a vast, cleared backyard—ideal for gardening, recreation, or future projects. A large gravel driveway accommodates multiple vehicles, making this home perfect for entertaining guests or for families with multiple drivers. Located just moments from I-95, this home combines the tranquility of a spacious lot with unbeatable access to major routes, perfect for those with a commute or an active lifestyle. Backup baseboard heaters are also in place and fully functional, adding reliability for those cold winter months. This move-in-ready gem offers all the benefits of modern renovations in a desirable location—don’t miss your chance to see it today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,095 SqFt

Listing Office:

  • Office Name: Oakstone Properties
  • Office Phone: (804) 740-1644
  • Listing Agent: Henry Garcia

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $1,095
  • 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

$239.3K

Med. Price/SqFt

$167

Avg. Days On Market

35

# of Sold Homes

53

1016 S Crater Rd vs Petersburg

7 DAYS ON ROCKET

-28 Days

$224,900

-$14.4K Less

$205/SqFt

+$37 More

KEY TAKEAWAY

This property is $14.4K less than the Median Sold Price and $37/SqFt more than other homes in Petersburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2429681

Listing Office:

  • Office Name: Oakstone Properties
  • Office Phone: (804) 740-1644
  • Listing Agent: Henry Garcia

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: 11/21/2024, 3:20:49 PM 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$1,095$89,200
2019$1,095$81,100
2018$1,095$81,100
2017$1,095$81,100

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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.

Nearby Schools

school-card-donut-339324
3
/10

  • Walnut Hill Elementary School

  • 300 W South Blvd

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-339325
2
/10

  • Lakemont Elementary School

  • 51 Gibbons Ave

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-339326
1
/10

  • Cool Spring Elementary School

  • 1450 Talley Ave

  • 1.79 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,683. The most common annual income of people living in Petersburg, VA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1016 S Crater Rd

What is the listing price of this property?

The listing price of 1016 S Crater Rd property is $224,900.

What type of property is this?

The property 1016 S Crater Rd is a house located in Petersburg, Virginia, 23805.

Is this property for sale now?

Active Listing: 1016 S Crater Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,095 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1016 S Crater Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1016 S Crater Rd is 1,095 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1016 S Crater Rd is 1965.

Rocket Homes›Virginia›Petersburg›23805›1016 S Crater Rd

This home is located at 1016 S Crater Rd in Petersburg, VA and zip code 23805. This 1,095 square foot home, which was built in 1965, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $224,900.

In October 2024, from all listings sold in Petersburg, VA there were more than 16 sold above asking price, over 20 sold below and more than 16 were sold right at the asked price. In October 2024 in Petersburg, VA there were 6.6% more homes for sale than in September 2024. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $239,300.

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

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