For SaleRisky Deal47 days on market
742 S Jones St
742 S Jones St, Petersburg, VA 23803, Petersburg, VA 23803
$124,988
Listing Price
742 S Jones St, Petersburg, VA 23803
Loc: Petersburg, VA
Days Listed
47
Tax Assessed
$118k
Lot Size
8,102 sqft
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
Cool Spring Elementary
K-5
0.8 mi away
1
Vernon Johns Middle School
6-8
2.1 mi away
2
Petersburg High School
9-12
2.1 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
brick exteriortwo-storytraditionalresidentialsuburbanfront yardbrick retaining wallboarded-up windowfixer-upperwalkwayovercast skyasphalt roadutility lines
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.66%
Total ROI
81.8%
Cash Flow
$-59/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-59/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • 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 |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $124,988 | $64 |
| 2026-08-17 | Pending sale | $124,988 | $64 |
| 2026-07-30 | Listed for sale | $124,988 | $64 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,499.87 | $118,100 |
| 2024 | $1,499.87 | $118,100 |
| 2023 | $871.22 | $68,600 |
| 2022 | $1,051.65 | $77,900 |
| 2021 | $0 | $76,400 |
| 2020 | $0 | $76,400 |
| 2018 | $1,031.4 | $76,400 |
| 2016 | $1,031.4 | $0 |
| 2015 | $1,031.4 | $0 |
| 2014 | $1,031.4 | $0 |
| 2013 | $1,031.4 | $0 |
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