For SaleNeutral Deal2 days on market
43 Summit St
43 Summit St, Petersburg, VA 23803, Petersburg, VA 23803
$310,000
Estimate®:$311,000$1,000 Under Market
Listing Price
43 Summit St, Petersburg, VA 23803
Loc: Petersburg, VA
Days Listed
2
Tax Assessed
$120k
Estimate®
$311k
0% Under Valued
Lot Size
10,001 sqft
Rent Estimate
$2,390/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
3.2 mi away
2
Petersburg High School
9-12
3.1 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
single-storyranch-stylecottagegable roofcovered front porchwood sidingshuttersmature treestraditionalresidentialsuburbanfront yardcozymodesthistoric charm
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.42%
Total ROI
98.4%
Cash Flow
$50/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $50/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $310,000 | $153 |
| 2026-09-14 | Listing removed | $310,000 | $153 |
| 2026-09-12 | Listed for sale | $310,000 | $153 |
| 2021-01-13 | Listing removed | $0 | – |
| 2020-12-05 | Price change | $78,000 | $38 |
| 2020-11-14 | Listed for sale | $80,000 | $39 |
| 2014-09-26 | Sold | $12,000 | $6 |
| 2014-08-25 | Price change | $13,500 | $7 |
| 2014-07-22 | Price change | $17,500 | $9 |
| 2014-04-26 | Price change | $24,900 | $12 |
| 2014-03-22 | Price change | $29,900 | $15 |
| 2014-03-04 | Price change | $37,900 | $19 |
| 2014-01-21 | Listed for sale | $41,999 | $21 |
| 1980-02-28 | Sold | $35,500 | $17 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,521.46 | $119,800 |
| 2024 | $1,521.46 | $119,800 |
| 2023 | $1,314.45 | $103,500 |
| 2022 | $1,397.25 | $103,500 |
| 2021 | $0 | $68,400 |
| 2020 | $0 | $68,400 |
| 2018 | $923.4 | $68,400 |
| 2016 | $923.4 | $0 |
| 2015 | $923.4 | $0 |
| 2014 | $923.4 | $0 |
| 2013 | $461.7 | $0 |
| 2001 | $0 | $47,000 |
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