*Petersburg BEST BUY* Don't look any further, here is your next rental property. This 2-bed, 1-bath cottage or bungalow was recently vacated and needs a needs very little to get it ready to rent. The Home is on a dead-end street, close to the highway and downtown Petersburg. There are decent comps in the area, and the rental rate on $1075 to $1200 per month, this will be a positive cash flow rental in No Time. Drive by and take a look today.
Sold for $60,000
$60,000
509 Hannon St, Petersburg, VA 23803
2beds
625sqft
Single Family Residence
Built in 1952
2,461 Square Feet Lot
$91,200 Zestimate®
$96/sqft
$1,501 Estimated rent
Home value
$91,200
$73,000 - $111,000
$1,501/mo
Zestimate® history
Owner options
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$1,501/mo
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$1,501/mo
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$300/mo
Est. payment
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$300/mo
Est. payment
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List your homeWhat's special
Downtown petersburgDead-end streetClose to the highway
Zillow last checked:
Listing updated:
Listed by:
Matt Smith 804-366-0200,
Weichert Brockwell & Associate
Bought with:
Linda Noronha, 0225239807
River Hill Realtors LLC
Source: CVRMLS,MLS#: 2327874
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: Tub & Shower
- Level: First
Heating
- Electric, Other
Cooling
- Other
Appliances
- Included: Electric Water Heater
Features
- Flooring: Linoleum, Partially Carpeted
- Basement: Crawl Space
- Attic: Access Only
Interior area
- Total interior livable area: 625 sqft
- Finished area above ground: 625
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
Lot
- Size: 2,461 Square Feet
Details
- Parcel number: 021240008
- Zoning description: R-3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $43,500
- Annual tax amount: $552
- Date on market: 1/19/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2023 | Sold | $60,000-14%$96/sqft |
Source:  CVRMLS #2327874 Report a problem | ||
| 11/17/2023 | Pending sale | $69,795$112/sqft |
Source: CVRMLS #2327874 Report a problem | ||
| 11/15/2023 | Listed for sale | $69,7950%$112/sqft |
Source: CVRMLS #2327874 Report a problem | ||
| 11/14/2023 | Listing removed | $69,800$112/sqft |
Source: CVRMLS #2325054 Report a problem | ||
| 11/10/2023 | Price change | $69,800-0.1%$112/sqft |
Source: CVRMLS #2325054 Report a problem | ||
| 11/8/2023 | Price change | $69,850-0.1%$112/sqft |
Source: CVRMLS #2325054 Report a problem | ||
| 11/1/2023 | Price change | $69,900-0.1%$112/sqft |
Source: CVRMLS #2325054 Report a problem | ||
| 10/26/2023 | Price change | $69,950-0.1%$112/sqft |
Source: CVRMLS #2325054 Report a problem | ||
| 10/13/2023 | Listed for sale | $69,999$112/sqft |
Source: CVRMLS #2325054 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $386 | $30,400 |
| 2024 | $386 -30.1% | $30,400 -30.1% |
| 2023 | $552 -5.9% | $43,500 |
| 2022 | $587 | $43,500 +10.1% |
| 2021 | -- | $39,500 |
| 2020 | -- | $39,500 |
| 2018 | $533 | $39,500 |
| 2016 | $533 | -- |
| 2015 | $533 | -- |
| 2014 | $533 | -- |
| 2013 | $533 | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 23803
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Nearby schools
GreatSchools rating
- 1/10Lakemont ElementaryGrades: K-5Distance: 1.3 mi
- 1/10Vernon Johns Middle SchoolGrades: 6-8Distance: 2.7 mi
- 2/10Petersburg High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Pleasants Lane
- 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
$91,200
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
$91,200
- Virginia
- Petersburg City
- Petersburg
- 23803
- 509 Hannon St
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