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Sold for $198,000
  • $198,000

    465 Terrace Ave, Petersburg, VA 23803

    3beds
    1,936sqft
    Single Family Residence
    Built in 1925
    7,261 Square Feet Lot
    $198,100 Zestimate®
    $102/sqft
    $1,892 Estimated rent

    Home value

    $198,100

    Estimated sales range

    Not available

    $1,892/mo

    Zestimate® history
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    What's special

    Modern finishesGranite countertopsBeautifully updated bathroomsRemodeled kitchenAmple cabinet space
    Back to the market through no fault of the Seller. Perfect for a first-time homebuyer or an investor looking to add a great property to their portfolio! Seller is offering $5,000 credit for closing cost assistance. This well-maintained home features 3 spacious bedrooms and 1.5 bathrooms, with beautifully updated bathrooms and a remodeled kitchen showcasing granite countertops, modern finishes, and ample cabinet space. The home offers a generously sized living area, providing plenty of room for entertaining, relaxing, and everyday living. Nestled on a quiet cul-de-sac, you’ll enjoy added privacy and a peaceful setting. Major systems have been updated in recent years, including the roof, HVAC system, and water heater, giving buyers added confidence and helping reduce future maintenance concerns. Whether you’re searching for your first home or a turnkey investment property, this move-in-ready gem offers comfort, value, and long-term potential. Don’t miss your chance to make it yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Chiluiza 804-501-9891,

    United Real Estate Richmond

    Bought with:

    NON MLS USER MLS

    NON MLS OFFICE

    Source: CVRMLS,MLS#: 2614998MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Other
    • Description: Shower
    • Level: Second
    Half bath
    • Level: First
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove
    Features
    • Flooring: Laminate, Partially Carpeted, Vinyl
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total interior livable area: 1,936 sqft
    • Finished area above ground: 1,344
    • Finished area below ground: 592

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 7,261 Square Feet
    Details
    • Parcel number: 021140002
    • Zoning description: R-2
    • Special conditions: Corporate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Drywall, Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Petersburg

    Financial & listing details

    • Price per square foot: $102/sqft
    • Tax assessed value: $205,600
    • Annual tax amount: $2,611
    • Date on market: 6/22/2026
    • Ownership: Corporate
    • Ownership type: Corporation

    Price history

    DateEventPrice
    7/22/2026Sold$198,000-6.8%$102/sqft
    Source: CVRMLS #2614998 Report a problem
    7/20/2026Listing removed$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    7/17/2026Pending sale$212,500$110/sqft
    Source: CVRMLS #2614998 Report a problem
    7/2/2026Listed for rent$1,700+36%$1/sqft
    Source: Zillow Rentals Report a problem
    6/26/2026Price change$212,500-1.2%$110/sqft
    Source: CVRMLS #2614998 Report a problem
    6/16/2026Listed for sale$215,000$111/sqft
    Source: CVRMLS #2614998 Report a problem
    6/4/2026Pending sale$215,000$111/sqft
    Source: CVRMLS #2614998 Report a problem
    6/3/2026Listed for sale$215,000+8%$111/sqft
    Source: CVRMLS #2614998 Report a problem
    1/24/2024Listing removed--
    Source: CVRMLS #2327407 Report a problem
    1/3/2024Pending sale$199,000$103/sqft
    Source: CVRMLS #2327407 Report a problem
    12/13/2023Listed for sale$199,000$103/sqft
    Source: CVRMLS #2327407 Report a problem
    12/11/2023Pending sale$199,000$103/sqft
    Source: CVRMLS #2327407 Report a problem
    11/25/2023Price change$199,000-2.9%$103/sqft
    Source: CVRMLS #2327407 Report a problem
    11/9/2023Listed for sale$205,000$106/sqft
    Source: CVRMLS #2327407 Report a problem
    4/29/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    4/28/2022Listed for rent$1,250$1/sqft
    Source: Zillow Rental Network_1 Report a problem
    4/16/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    4/13/2022Listed for rent$1,250+13.6%$1/sqft
    Source: Zillow Rental Network_1 Report a problem
    11/21/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/28/2021Listed for rent$1,100$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,611 $205,600
    2024$2,611 +390.7%$205,600 +390.7%
    2023$532 -5.9%$41,900
    2022$566 $41,900 +1.9%
    2021-- $41,100
    2020-- $41,100
    2018$555 +300%$41,100
    2016$139 --
    2015$139 --
    2014$139 --
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- $28,500
    Find assessor info on the county website

    Neighborhood: 23803

    Nearby schools

    GreatSchools rating
    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
    $198,100
    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
    $198,100