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1005 Chestnut St

Petersburg, VA 23803

2 bd 1 ba 770 sqft Built 1927 Lot 2,460 sqft single_family
Most recent sale
$71,000
Aug 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2025 Listing removed $1,500 CVRMLS
Mar 13, 2025 Listing removed $1,500 CVRMLS
Jul 5, 2024 Listing removed $1,500 CVRMLS
Jun 14, 2024 Listed for rent $1,500 CVRMLS
May 3, 2024 Sold $100,000 CVRMLS
Apr 17, 2024 Listed $115,000 CVRMLS
Mar 20, 2024 Listed $128,000 CVRMLS
Aug 16, 2023 Sold $71,000 CVRMLS
May 6, 2009 Listing removed $19,999 CVRMLS
Apr 4, 2009 Price changed $23,000 CVRMLS
Mar 11, 2009 Relisted $29,900 CVRMLS
Feb 21, 2009 Listing removed $29,900 CVRMLS
Oct 1, 2008 Listed $29,900 CVRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $35,900 $3,500 $39,400 $500
2021 $35,900 $3,500 $39,400 $531
2020 $35,900 $3,500 $39,400 $531
2019 $35,900 $3,500 $39,400 $531
2018 $35,900 $3,500 $39,400 $531
2017 $35,900 $3,500 $39,400 $531
2016 $35,900 $3,500 $39,400 $531
2015 $35,900 $3,500 $39,400 $531
2014 $35,900 $3,500 $39,400 $531
2012 $39,900 $3,500 $43,400 $585
2011 $39,900 $3,500 $43,400 $585
2009 $37,200 $3,900 $41,100 $554

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
770 sqft
Lot size
2,460 sqft
ZIP code
23803
City
Petersburg
Street
Chestnut St
Coordinates
37.21335, -77.40548

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$426
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1005 Chestnut St last sell?
1005 Chestnut St most recently sold on Aug 16, 2023 for $71,000.
What is the current tax assessment for 1005 Chestnut St?
The most recent total assessment for 1005 Chestnut St (year 2022) is $39,400 with $500 in property tax.
How does 1005 Chestnut St's assessment compare to its last sale price?
The current assessment is 44.5% below the last sale price of $71,000.
When was 1005 Chestnut St built?
1005 Chestnut St was built in 1927.
How does 1005 Chestnut St compare to others on Chestnut St?
We track 4 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 1005 Chestnut St?
1005 Chestnut St is a 2 bed, 1 bath, 770 sqft, 2,460 sqft lot single_family.
Is 1005 Chestnut St a flip candidate?
Yes — 1005 Chestnut St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1005 Chestnut St a tax-appeal candidate?
No — 1005 Chestnut St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$223.4K
2026 Q4
$225.9K
ZIP 23803 — Median Price History + Forecast

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