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123 Courthouse Rd

Petersburg, VA 23803

3 bd 1 ba 909 sqft Built 1960 Lot 7,442 sqft single_family
Most recent sale
$115,000
Jun 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 21, 2024 Sold $205,000 Public Record
Jul 15, 2024 Listed $199,000 CVRMLS
Jul 13, 2024 Price changed $199,000 BrightMLS
Apr 26, 2024 Listed $230,000 BrightMLS
Mar 2, 2024 Listing removed CVRMLS
Feb 1, 2024 Listed $199,990 CVRMLS
Jan 31, 2024 Listing removed CVRMLS
Dec 28, 2023 Price changed $210,000 CVRMLS
Nov 16, 2023 Price changed $220,000 CVRMLS
Oct 28, 2023 Listed $225,000 CVRMLS
Jun 16, 2023 Sold $115,000 CVRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,700 $13,000 $168,700 $2,142
2023 $155,700 $13,000 $168,700 $688
2022 $41,200 $13,000 $54,200 $688
2021 $39,200 $12,400 $51,600 $696
2020 $39,200 $12,400 $51,600 $696
2019 $39,200 $12,400 $51,600 $696
2018 $39,200 $12,400 $51,600 $696
2017 $39,200 $12,400 $51,600 $696
2016 $39,200 $12,400 $51,600 $696
2015 $39,200 $12,400 $51,600 $696
2014 $39,200 $12,400 $51,600 $696
2012 $43,500 $12,400 $55,900 $754
2011 $45,100 $12,400 $57,500 $776
2009 $49,000 $13,600 $62,600 $845

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
909 sqft
Lot size
7,442 sqft
ZIP code
23803
City
Petersburg
Street
Courthouse Rd
Coordinates
37.23776, -77.37238

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,364
Gross rental yield
14.23%
Implied cap rate
9.25%
Trend-extrapolated value

Frequently asked questions

When did 123 Courthouse Rd last sell?
123 Courthouse Rd most recently sold on Jun 16, 2023 for $115,000.
What is the current tax assessment for 123 Courthouse Rd?
The most recent total assessment for 123 Courthouse Rd (year 2025) is $168,700 with $2,142 in property tax.
How does 123 Courthouse Rd's assessment compare to its last sale price?
The current assessment is 46.7% above the last sale price of $115,000.
When was 123 Courthouse Rd built?
123 Courthouse Rd was built in 1960.
How does 123 Courthouse Rd compare to others on Courthouse Rd?
We track 5 other properties on Courthouse Rd. Browse the list under "Other properties on Courthouse Rd" to compare beds, baths, and sale history.
What are the property facts for 123 Courthouse Rd?
123 Courthouse Rd is a 3 bed, 1 bath, 909 sqft, 7,442 sqft lot single_family.
Is 123 Courthouse Rd a flip candidate?
Yes — 123 Courthouse Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 123 Courthouse Rd a tax-appeal candidate?
No — 123 Courthouse Rd 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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