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Pending
  • Price cut: $2.5K (6/26)
    $212,500

    465 Terrace Ave, Petersburg, VA 23803

    3beds
    1,936sqft
    : 
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    Single Family Residence
    Built in 1925
    7,261 Square Feet Lot
    $211,100 Zestimate®
    $110/sqft
    $-- HOA

    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!
    33 days
    |
    1,243
    |
    59
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Chiluiza 804-501-9891,

    United Real Estate Richmond 804-359-9200

    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: $110/sqft
      • Tax assessed value: $205,600
      • Annual tax amount: $2,611
      • Date on market: 6/17/2026
      • Ownership: Corporate
      • Ownership type: Corporation

        Estimated market value

        $211,100

        $201,000 - $222,000

        $2,167/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 23803

        Getting around

        13 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        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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