Fully renovated cottage in the heart of Petersburg offering the perfect blend of modern updates and cozy charm. This move-in ready home features a brand new roof (2026) and new HVAC system (2025) for peace of mind.
Step inside to find new flooring throughout and a beautifully updated kitchen complete with stainless steel appliances, granite countertops, and a stylish tiled backsplash. The home is enhanced with updated modern light fixtures and an LED-lit bathroom, creating a bright and contemporary feel throughout.
Ideal for first-time buyers, downsizers, or investors—this home delivers low-maintenance living with high-quality upgrades already done for you.
Sold for $189,500
$189,500
240 Terrace Ave, Petersburg, VA 23803
3beds
912sqft
Single Family Residence
Built in 1978
5,401 Square Feet Lot
$190,400 Zestimate®
$208/sqft
$1,606 Estimated rent
Home value
$190,400
Estimated sales range
Not available
$1,606/mo
Zestimate® history
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$946/mo
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Zillow last checked:
Listing updated:
Listed by:
Henry Garcia 804-495-7097,
Oakstone Properties
Bought with:
Diane Seal, 0225218052
Neumann & Dunn Real Estate
Source: CVRMLS,MLS#: 2608951
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: Tub & Shower
- Level: First
Heating
- Electric
Cooling
- Central Air
Features
- Has basement: No
- Attic: Access Only
Interior area
- Total interior livable area: 912 sqft
- Finished area above ground: 912
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 5,401 Square Feet
Details
- Parcel number: 021210005
- Zoning description: R-3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Concrete, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $91,200
- Annual tax amount: $1,158
- Date on market: 5/10/2026
- Ownership: Partnership
- Ownership type: Partnership
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $189,500$208/sqft |
Source:  CVRMLS #2608951 Report a problem | ||
| 4/18/2026 | Pending sale | $189,500$208/sqft |
Source: CVRMLS #2608951 Report a problem | ||
| 4/9/2026 | Listed for sale | $189,500+689.6%$208/sqft |
Source: CVRMLS #2608951 Report a problem | ||
| 2/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/2/2021 | Listed for rent | $875$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/22/2018 | Sold | $24,001$26/sqft |
Source: CVRMLS #1810133 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,158 | $91,200 |
| 2024 | $1,158 +26.5% | $91,200 +26.5% |
| 2023 | $916 -5.9% | $72,100 |
| 2022 | $973 | $72,100 +9.9% |
| 2021 | -- | $65,600 |
| 2020 | -- | $65,600 |
| 2018 | $886 | $65,600 |
| 2016 | $886 | -- |
| 2015 | $886 | -- |
| 2014 | $886 | -- |
| 2013 | $886 | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 23803
Nearby homes
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Nearby schools
GreatSchools rating
- 1/10Lakemont ElementaryGrades: K-5Distance: 1.3 mi
- 1/10Vernon Johns Middle SchoolGrades: 6-8Distance: 2.6 mi
- 2/10Petersburg High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Cool Spring
- 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
$190,400
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
$190,400
- Virginia
- Petersburg City
- Petersburg
- 23803
- 240 Terrace Ave
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