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1023 Farmer St

Petersburg, VA 23803

3 bd 2 ba 1,112 sqft Built 1970 Lot 6,425 sqft single_family
Most recent sale
$77,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 6, 2023 Sold $175,000 CVRMLS
Apr 26, 2022 Sold $77,000 MLS #2203389
Mar 27, 2022 Relisted $59,900 MLS #2203389
Feb 28, 2022 Relisted $59,900 MLS #2203389
Feb 11, 2022 Listed $59,900 MLS #2203389
May 21, 2021 Sold $84,829 Public Record
Nov 1, 2001 Sold $59,900 Public Record
Jan 1, 2001 Sold $59,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,100 $8,300 $171,400 $2,176
2023 $163,100 $8,300 $171,400 $1,750
2022 $81,400 $8,300 $89,700 $1,139
2021 $81,400 $8,300 $89,700 $1,211
2020 $81,400 $8,300 $89,700 $1,211
2019 $81,400 $8,300 $89,700 $1,211
2018 $81,400 $8,300 $89,700 $1,211
2017 $81,400 $8,300 $89,700 $1,211
2016 $81,400 $8,300 $89,700 $1,211
2015 $81,400 $8,300 $89,700 $1,211
2014 $81,400 $8,300 $89,700 $1,211
2012 $81,400 $8,300 $89,700 $1,211
2011 $81,400 $8,300 $89,700 $1,211
2009 $93,100 $9,100 $102,200 $1,380

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,112 sqft
Lot size
6,425 sqft
ZIP code
23803
City
Petersburg
Street
Farmer St
Coordinates
37.22124, -77.41853

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$462
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1023 Farmer St last sell?
1023 Farmer St most recently sold on Apr 26, 2022 for $77,000.
What is the current tax assessment for 1023 Farmer St?
The most recent total assessment for 1023 Farmer St (year 2025) is $171,400 with $2,176 in property tax.
How does 1023 Farmer St's assessment compare to its last sale price?
The current assessment is 122.6% above the last sale price of $77,000.
When was 1023 Farmer St built?
1023 Farmer St was built in 1970.
How does 1023 Farmer St compare to others on Farmer St?
We track 8 other properties on Farmer St. Browse the list under "Other properties on Farmer St" to compare beds, baths, and sale history.
What are the property facts for 1023 Farmer St?
1023 Farmer St is a 3 bed, 2 bath, 1,112 sqft, 6,425 sqft lot single_family.
Is 1023 Farmer St a flip candidate?
Yes — 1023 Farmer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1023 Farmer St a tax-appeal candidate?
No — 1023 Farmer 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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