For SaleGood Deal26 days on market
1457 Ferndale Ave
1457 Ferndale Ave, Petersburg, VA 23803, Petersburg, VA 23803
$299,500
Estimate®:$299,700$200 Under Market
Listing Price
1457 Ferndale Ave, Petersburg, VA 23803
Loc: Petersburg, VA
Days Listed
26
Tax Assessed
$207k
Estimate®
$300k
0% Under Valued
Lot Size
8,411 sqft
Rent Estimate
$2,507/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
1
Pleasants Lane elementary
K-5
0.5 mi away
1
Vernon Johns Middle School
6-8
2.8 mi away
2
Petersburg High School
9-12
2.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern farmhousetwo-storycovered porchvertical sidinggable roofblack trimfront stairsrailingfreshly renovatedlandscapedresidentialcontemporary
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.31%
Total ROI
117.9%
Cash Flow
$272/mo
DSCR
1.17
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $272/mo net cash flow with a 7.3% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.3%)
- • Strong rental demand in Petersburg
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Price change | $299,500 | $150 |
| 2026-09-10 | Price change | $315,000 | $158 |
| 2026-09-02 | Listed for sale | $325,000 | $163 |
| 2026-09-01 | Listing removed | $325,000 | $163 |
| 2026-08-06 | Listed for sale | $325,000 | $163 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $87.63 | $6,900 |
| 2024 | $87.63 | $6,900 |
| 2023 | $87.63 | $6,900 |
| 2022 | $93.15 | $6,900 |
| 2021 | $0 | $13,900 |
| 2020 | $0 | $13,900 |
| 2018 | $187.65 | $13,900 |
| 2016 | $188.17 | $0 |
| 2015 | $188.17 | $0 |
| 2014 | $188.17 | $0 |
| 2013 | $101.25 | $0 |
| 2001 | $0 | $22,000 |
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