12 Wheelhouse Court | Fully Renovated & Income-Ready in Petersburg, VA
This isn’t just a renovation — it’s a transformation.
Formerly a 2-bedroom, 1-bath home with an unfinished basement, 12 Wheelhouse Court is now a spacious 4-bedroom, 3-bath stunner with nearly 2,100 sq ft of fully finished living space, ideal for multi-generational living, growing families, or smart investors.
The fully finished basement now features:
• Two full bedrooms
• A full bath
• A massive recreational room
• A flexible all-purpose room or
• An additional space perfect for a home office, guest room, or potential fifth bedroom
Whether you’re looking to live upstairs and cash flow downstairs, rent out the entire home, or build equity over time, this property gives you multiple paths to wealth.
Appraised at $306K but offered under $300K, it’s a rare opportunity to step into equity in a city that’s on the rise.
Petersburg, VA is growing fast — with new development, investment, and energy pouring into the area. Now is the time to get in early.
This home is perfect for:
First-time buyers who want options
nvestors looking for strong cash flow
Anyone who wants to live in a growing city with equity potential baked in
Sold for $303,000
$303,000
12 Wheelhouse Ct, Petersburg, VA 23805
4beds
2,167sqft
Single Family Residence
Built in 1963
7,900 Square Feet Lot
$309,400 Zestimate®
$140/sqft
$2,341 Estimated rent
Home value
$309,400
Estimated sales range
Not available
$2,341/mo
Zestimate® history
Owner options
List your home for rent
$2,341/mo
Rent Zestimate®
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$2,341/mo
Rent Zestimate®
Refinance and save
$1,884/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,884/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tonji Cooke 804-821-3380,
Legacy Builders Real Estate Group LLC
Bought with:
Desiree Dixon, 0225257363
KW Metro Center
Source: CVRMLS,MLS#: 2515584
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Center Hall
Other
- Description: Tub & Shower
- Level: Basement
Other
- Description: Tub & Shower
- Level: First
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Range Hood, Smooth Cooktop, Stove
- Laundry: Washer Hookup, Dryer Hookup
Features
- Bedroom on Main Level, Dining Area, Granite Counters, Garden Tub/Roman Tub, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s)
- Flooring: Vinyl, Wood
- Doors: Storm Door(s)
- Windows: Thermal Windows
- Basement: Full,Interior Entry,Walk-Out Access
- Attic: Pull Down Stairs
Interior area
- Total interior livable area: 2,167 sqft
- Finished area above ground: 1,097
- Finished area below ground: 1,070
Property
Parking
- Parking features: Circular Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two,One
- Stories: 2
- Pool features: None
- Fencing: None
Lot
- Size: 7,900 Square Feet
- Dimensions: 7,900
- Features: Cul-De-Sac
Details
- Parcel number: 042060012
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Block, Drywall, Stucco, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Wheelhouse Court
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $109,600
- Annual tax amount: $1,237
- Date on market: 10/5/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $303,000+1.5%$140/sqft |
Source:  CVRMLS #2515584 Report a problem | ||
| 9/22/2025 | Pending sale | $298,500$138/sqft |
Source: CVRMLS #2515584 Report a problem | ||
| 8/5/2025 | Price change | $298,500-0.2%$138/sqft |
Source: CVRMLS #2515584 Report a problem | ||
| 7/15/2025 | Price change | $299,000-2.3%$138/sqft |
Source: CVRMLS #2515584 Report a problem | ||
| 6/5/2025 | Listed for sale | $306,000+6020%$141/sqft |
Source: CVRMLS #2515584 Report a problem | ||
| 1/17/2013 | Sold | $5,000-71.4%$2/sqft |
Source: Agent Provided Report a problem | ||
| 9/28/1972 | Sold | $17,500$8/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,392 | $109,600 |
| 2024 | $1,392 +12.5% | $109,600 +12.5% |
| 2023 | $1,237 -5.9% | $97,400 |
| 2022 | $1,315 | $97,400 +8.1% |
| 2021 | -- | $90,100 |
| 2020 | -- | $90,100 +10% |
| 2018 | $1,106 | $81,900 |
| 2016 | $1,106 | -- |
| 2015 | $1,106 | -- |
| 2014 | $1,106 +33.3% | -- |
| 2013 | $829 | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | $58,100 |
Find assessor info on the county website
Neighborhood: 23805
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Nearby schools
GreatSchools rating
- 1/10Walnut Hill Elementary SchoolGrades: K-5Distance: 0.7 mi
- 1/10Vernon Johns Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Petersburg High SchoolGrades: 9-12Distance: 2 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
$309,400
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
$309,400
- Virginia
- Petersburg City
- Petersburg
- 23805
- 12 Wheelhouse Ct
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