This 4-bedroom, 2-bath investment property offers tremendous potential in an investor-friendly location, making it an ideal project for buyers looking to capitalize on a great opportunity. The home features a spacious layout with a convenient first-floor primary bedroom and a private bath, providing added functionality and appeal. The additional three bedrooms and full bath are located on the second floor, offering ample space for tenants or future homeowners. With its strong bones and excellent floor plan, this property is a perfect canvas for renovation and modernization. Located in a up and coming area, this house is just waiting for the right investor to unlock its full potential. Whether you're looking for a flip, rental, or long-term investment, this property offers the ideal mix of location, size, and value to ensure a solid return on investment.
Sold for $115,000
$115,000
1029 Farmer St, Petersburg, VA 23803
3beds
1,664sqft
Single Family Residence
Built in 1900
6,425 Square Feet Lot
$119,400 Zestimate®
$69/sqft
$1,909 Estimated rent
Home value
$119,400
Estimated sales range
Not available
$1,909/mo
Zestimate® history
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$574/mo
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Zillow last checked:
Listing updated:
Listed by:
Antwane Brooks 804-933-0391,
Praxis Realty Inc
Bought with:
NON MLS USER MLS
NON MLS OFFICE
Source: CVRMLS,MLS#: 2429747
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Second
Heating
- Electric
Cooling
- Central Air
Features
- Flooring: Vinyl, Wood
- Has basement: No
- Attic: None
Interior area
- Total interior livable area: 1,664 sqft
- Finished area above ground: 1,664
Property
Parking
- Parking features: Driveway, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Unpaved Driveway
- Pool features: None
Lot
- Size: 6,425 Square Feet
Details
- Parcel number: 029110005
- Zoning description: R-3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Concrete, Wood Siding
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $98,200
- Annual tax amount: $1,247
- Date on market: 12/11/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2025 | Sold | $115,000-11.5%$69/sqft |
Source:  CVRMLS #2429747 Report a problem | ||
| 1/13/2025 | Pending sale | $129,999$78/sqft |
Source: CVRMLS #2429747 Report a problem | ||
| 12/15/2024 | Listed for sale | $129,999$78/sqft |
Source: CVRMLS #2429747 Report a problem | ||
| 12/3/2024 | Pending sale | $129,999$78/sqft |
Source: CVRMLS #2429747 Report a problem | ||
| 11/29/2024 | Listed for sale | $129,999$78/sqft |
Source: CVRMLS #2429747 Report a problem | ||
| 11/22/2024 | Pending sale | $129,999$78/sqft |
Source: CVRMLS #2429747 Report a problem | ||
| 11/14/2024 | Listed for sale | $129,999$78/sqft |
Source: CVRMLS #2429747 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,311 | $103,200 |
| 2024 | $1,311 +5.1% | $103,200 +5.1% |
| 2023 | $1,247 -5.9% | $98,200 |
| 2022 | $1,326 | $98,200 +161.9% |
| 2021 | -- | $37,500 |
| 2020 | -- | $37,500 |
| 2018 | $506 | $37,500 |
| 2016 | $506 | -- |
| 2015 | $506 | -- |
| 2014 | $506 | -- |
| 2013 | $506 | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | $21,600 |
Find assessor info on the county website
Neighborhood: 23803
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Nearby schools
GreatSchools rating
- 1/10Cool Spring ElementaryGrades: K-5Distance: 1.2 mi
- 1/10Vernon Johns Middle SchoolGrades: 6-8Distance: 2.7 mi
- 2/10Petersburg High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Walnut Hill
- Middle: Vernon Johns
- High: Petersburg
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$119,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$119,400
- Virginia
- Petersburg City
- Petersburg
- 23803
- 1029 Farmer St
Nearby cities
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