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122 Summit St, Petersburg, VA, 23803

$124,499

Home List Price

$1,478*

Closing Credit

2 Bedrooms
1 Full Bath
993 SqFt
$125/SqFt
House

Location

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122 Summit St, Petersburg$124,499

Buyer Closing Credits

$1,478*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingBaseboard, Electric
CoolingWindow Unit(s)
MLS #2424860
Lot Size0.21 Acres
StatusActive

About 122 Summit St

Welcome to this move in ready 2 bedroom, 1 full bath rancher that offers approximately 995 square feet of living space. Freshly painted interior, high ceilings, large living room, dining room, kitchen w/ washer & dryer hookups, stove & Range hood. Large bedrooms; rear enclosed utility closet; full front porch; newer carpet & LVP flooring throughout, electric baseboard heat, window air unit; on and off-street parking.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cottage
  • Year Built: 1925
  • Stories: 1
  • Living Area: 993 SqFt

Listing Office:

  • Office Name: Real Broker LLC
  • Office Email: Membership@TheRealBrokerage.com
  • Listing Agent: Kelly Painschab

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Stove
  • Basement: No
  • Flooring Type: Partially Carpeted, Vinyl
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Dining Area

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)

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: $124,499
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $792
  • 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

122 Summit St vs Petersburg

42 DAYS ON ROCKET

+7 Days

$124,499

-$114.8K Less

$125/SqFt

-$43 Less

KEY TAKEAWAY

This property is $114.8K less than the Median Sold Price and $43/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: #2424860

Listing Office:

  • Office Name: Real Broker LLC
  • Office Email: Membership@TheRealBrokerage.com
  • Listing Agent: Kelly Painschab

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: 11/5/2024, 10:20:50 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$792$58,700
2019$792$58,700
2018$792$58,700
2017$792$58,700

History based on county public records data.

Payment Calculator

$689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$440

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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-1948149
1
/10

  • J.E.B. Stuart Elementary School

  • 100 Pleasants Ln

  • 0.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1948150
3
/10

  • Peabody Middle School

  • 725 Wesley St

  • 1.64 miles

  • Public District Grades 6-7

High School

school-card-donut-1948151
3
/10

  • Petersburg High School

  • 3101 Johnson Rd

  • 3.02 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 $21,691. Residents of Petersburg, VA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 Summit St

What is the listing price of this property?

The listing price of 122 Summit St property is $124,499.

What type of property is this?

The property 122 Summit St is a house located in Petersburg, Virginia, 23803.

Is this property for sale now?

Active Listing: 122 Summit 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 122 Summit 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 $792 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 122 Summit St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 122 Summit St is 993 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Summit St is 1925.

Rocket Homes›Virginia›Petersburg›23803›122 Summit St

This home is located at 122 Summit St in Petersburg, VA and zip code 23803. This 993 square foot home, which was built in 1925, sits on a 0.21 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $124,499.

While more than 16 listings in Petersburg, VA in October 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 20 were sold below. The inventory of homes for sale in Petersburg, VA between September 2024 and October 2024 increased by 6.6%. The median list price of listings available in October 2024 was $239,300, while the average time on the real estate market was 35 days.

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

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