616 Carolina Ave
Petersburg, VA 23803
3 bd 2 ba 1,105 sqft Built 1915 Lot 6,250 sqft single_family
Most recent sale
$175,000
Aug 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2022 | Listed for rent | $1,450 | CVRMLS |
| Sep 26, 2022 | Price changed for rent | $1,850 | CVRMLS |
| Sep 20, 2022 | Listed for rent | $1,950 | CVRMLS |
| Aug 25, 2022 | Sold | $175,000 | MLS #2207737 |
| Jul 23, 2022 | Price changed | $179,900 | MLS #2207737 |
| Jul 15, 2022 | Price changed | $184,900 | MLS #2207737 |
| Jun 16, 2022 | Relisted | $189,900 | MLS #2207737 |
| Feb 15, 2022 | Sold | $60,000 | MLS #2132761 |
| Oct 27, 2021 | Listed | $76,900 | MLS #2132761 |
| Aug 10, 2016 | Listing removed | $42,000 | CVRMLS |
| May 18, 2016 | Listed | $42,000 | MLS #1617084 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $191,600 | $10,100 | $201,700 | $2,561 |
| 2023 | $191,600 | $10,100 | $201,700 | $2,306 |
| 2022 | $175,400 | $6,200 | $181,600 | $2,306 |
| 2021 | $43,100 | $6,200 | $49,300 | $666 |
| 2020 | $43,100 | $6,200 | $49,300 | $666 |
| 2019 | $43,100 | $6,200 | $49,300 | $666 |
| 2018 | $43,100 | $6,200 | $49,300 | $666 |
| 2017 | $43,100 | $6,200 | $49,300 | $666 |
| 2016 | $43,100 | $6,200 | $49,300 | $666 |
| 2015 | $43,100 | $6,200 | $49,300 | $666 |
| 2014 | $43,100 | $6,200 | $49,300 | $666 |
| 2012 | $47,900 | $6,200 | $54,100 | $730 |
| 2011 | $47,900 | $6,200 | $54,100 | $730 |
| 2009 | $54,700 | $6,800 | $61,500 | $830 |
Property facts
Year built
1915
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,105 sqft
Lot size
6,250 sqft
ZIP code
23803
City
Petersburg
Street
Carolina Ave
Coordinates
37.21089, -77.40864
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,658
Gross rental yield
11.37%
Implied cap rate
7.39%
Trend-extrapolated value
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Frequently asked questions
When did 616 Carolina Ave last sell?
616 Carolina Ave most recently sold on Aug 25, 2022 for $175,000.
What is the current tax assessment for 616 Carolina Ave?
The most recent total assessment for 616 Carolina Ave (year 2025) is $201,700 with $2,561 in property tax.
How does 616 Carolina Ave's assessment compare to its last sale price?
The current assessment is 15.3% above the last sale price of $175,000.
When was 616 Carolina Ave built?
616 Carolina Ave was built in 1915.
How does 616 Carolina Ave compare to others on Carolina Ave?
We track 8 other properties on Carolina Ave. Browse the list under "Other properties on Carolina Ave" to compare beds, baths, and sale history.
What are the property facts for 616 Carolina Ave?
616 Carolina Ave is a 3 bed, 2 bath, 1,105 sqft, 6,250 sqft lot single_family.
Is 616 Carolina Ave a flip candidate?
Yes — 616 Carolina Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 616 Carolina Ave a tax-appeal candidate?
Yes — 616 Carolina Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$223.4K
2026 Q4
$225.9K
ZIP 23803 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Carolina Ave