For SaleRisky Deal45 days on market
1655 Varina Ave
1655 Varina Ave, Petersburg, VA 23805, Petersburg, VA 23805
$359,000
Estimate®:$356,700
Listing Price
1655 Varina Ave, Petersburg, VA 23805
Loc: Petersburg, VA
Days Listed
45
Tax Assessed
$200k
Estimate®
$357k
Market Rate
Lot Size
0.34 acres
Rent Estimate
$2,304/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
Walnut Hill Elementary School
K-5
0.9 mi away
1
Vernon Johns Middle School
6-8
1.2 mi away
2
Petersburg High School
9-12
1.2 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
ranch stylebrick exteriorsingle-storywooded lottraditional architecturelandscaped lawnmature treesgabled roofcozyresidentialsuburbanclassicshutters
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.12%
Total ROI
70.2%
Cash Flow
$-330/mo
DSCR
0.82
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-330/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Petersburg, VA
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-15 | Price change | $359,000 | $131 |
| 2026-08-13 | Listed for sale | $379,000 | $138 |
| 2024-08-09 | Sold | $250,000 | $91 |
| 2024-07-08 | Pending sale | $285,000 | $104 |
| 2024-06-19 | Listed for sale | $285,000 | $104 |
| 2005-03-21 | Sold | $90,000 | $33 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,533.65 | $199,500 |
| 2024 | $2,533.65 | $199,500 |
| 2023 | $2,376.17 | $187,100 |
| 2022 | $2,525.85 | $187,100 |
| 2021 | $0 | $202,300 |
| 2020 | $0 | $202,300 |
| 2018 | $2,614.95 | $193,700 |
| 2016 | $2,614.95 | $0 |
| 2015 | $2,614.95 | $0 |
| 2014 | $2,614.95 | $0 |
| 2013 | $1,307.48 | $0 |
| 2001 | $0 | $129,600 |
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