3 months on rocket

413 Terrace Ave, Petersburg, VA, 23803

$199,999

Home List Price

$2,375*

Closing Credit

3 Bedrooms
2 Full Baths
1,152 SqFt
$174/SqFt
House

Location

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413 Terrace Ave, Petersburg$199,999

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Paved
Year Built2007
HeatingElectric, Heat Pump
CoolingCentral Air
MLS #2418477
Lot Size0.17 Acres
StatusActive

About 413 Terrace Ave

**Calling all INVESTORS & FIRST-TIME HOME BUYERS!** Seize this incredible opportunity to be part of Petersburg, VA's exciting future growth! With significant investment and revitalization efforts driven by a focus on infrastructure and community development, this area is on the rise, making now the perfect time to get in early. This charming 3-bedroom, 2-bathroom home offers not only a fantastic living space but also a prime investment opportunity. Currently a reliable rental property, it's perfect for investors looking to capitalize on Petersburg’s expanding potential. Conveniently located near the interstate, it's ideal for those seeking easy commutes and proximity to emerging amenities. Whether you're an investor aiming to grow your portfolio or a first-time homebuyer looking to settle in a booming market, don’t miss out! Secure your stake in Petersburg’s bright future—schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Two Story
  • Year Built: 2007
  • Stories: 2
  • Living Area: 1,152 SqFt

Listing Office:

  • Office Name: Century 21 Realty @ Home
  • Office Phone: (804) 924-7225
  • Listing Agent: Mark Brumfield

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Refrigerator
  • Basement: No
  • Flooring Type: Partially Carpeted, Vinyl
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch, Paved Driveway

Parking Information:

  • Parking: Driveway, Paved

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • 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: $199,999
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $1,631
  • 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

413 Terrace Ave vs Petersburg

99 DAYS ON ROCKET

+64 Days

$199,999

-$39.3K Less

$174/SqFt

+$6 More

KEY TAKEAWAY

This property is $39.3K less than the Median Sold Price and $6/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: #2418477

Listing Office:

  • Office Name: Century 21 Realty @ Home
  • Office Phone: (804) 924-7225
  • Listing Agent: Mark Brumfield

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, 2:20:49 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$1,631$120,800
2019$1,631$120,800
2018$1,631$120,800
2017$1,631$120,800

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-1987756
3
/10

  • Walnut Hill Elementary School

  • 300 W South Blvd

  • 1.44 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1987757
3
/10

  • Peabody Middle School

  • 725 Wesley St

  • 1.15 miles

  • Public District Grades 6-7

High School

school-card-donut-1987758
3
/10

  • Petersburg High School

  • 3101 Johnson Rd

  • 2.61 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 $45,918. The most common annual income of people living in Petersburg, VA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 413 Terrace Ave

What is the listing price of this property?

The listing price of 413 Terrace Ave property is $199,999.

What type of property is this?

The property 413 Terrace Ave is a house located in Petersburg, Virginia, 23803.

Is this property for sale now?

Active Listing: 413 Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 413 Terrace Ave are:
Walnut Hill Elementary School: GreatSchools Rating 3/10
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 $1,631 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 413 Terrace Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 413 Terrace Ave is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 413 Terrace Ave is 2007.

Rocket Homes›Virginia›Petersburg›23803›413 Terrace Ave

This home is located at 413 Terrace Ave in Petersburg, VA and zip code 23803. This 1,152 square foot home, which was built in 2007, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $199,999.

In October 2024 more than 16 listings in Petersburg, VA were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 20 were sold below. The number of listings in Petersburg, VA increased by 6.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 35 days, the median list price was $239,300.

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

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