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923 Farmer St

Petersburg, VA 23803

4 bd 3 ba 1,388 sqft Built 1927 Lot 5,702 sqft single_family
Most recent sale
$40,000
Aug 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2024 Price changed $229,999 CVRMLS
Mar 18, 2024 Listed $234,999 CVRMLS
Aug 16, 2023 Sold $40,000 Public Record
May 18, 2023 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $202,000 $7,600 $209,600 $2,661
2023 $202,000 $7,600 $209,600 $608
2022 $40,300 $7,600 $47,900 $608
2021 $17,600 $7,600 $25,200 $340
2020 $17,600 $7,600 $25,200 $340
2019 $17,600 $7,600 $25,200 $340
2018 $17,600 $7,600 $25,200 $340
2017 $17,600 $7,600 $25,200 $340
2016 $17,600 $7,600 $25,200 $340
2015 $17,600 $7,600 $25,200 $340
2014 $17,600 $7,600 $25,200 $340
2012 $17,600 $7,600 $25,200 $340
2011 $17,600 $7,600 $25,200 $340
2009 $20,100 $8,300 $28,400 $383

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,388 sqft
Lot size
5,702 sqft
ZIP code
23803
City
Petersburg
Street
Farmer St
Coordinates
37.22172, -77.41726

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 923 Farmer St last sell?
923 Farmer St most recently sold on Aug 16, 2023 for $40,000.
What is the current tax assessment for 923 Farmer St?
The most recent total assessment for 923 Farmer St (year 2025) is $209,600 with $2,661 in property tax.
How does 923 Farmer St's assessment compare to its last sale price?
The current assessment is 424.0% above the last sale price of $40,000.
When was 923 Farmer St built?
923 Farmer St was built in 1927.
How does 923 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 923 Farmer St?
923 Farmer St is a 4 bed, 3 bath, 1,388 sqft, 5,702 sqft lot single_family.
Is 923 Farmer St a flip candidate?
Yes — 923 Farmer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 923 Farmer St a tax-appeal candidate?
Yes — 923 Farmer St 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 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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