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940 Farmer St

Petersburg, VA 23803

3 bd 2 ba 1,139 sqft Built 1930 Lot 4,783 sqft single_family
Most recent sale
$54,000
Jul 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2024 Sold $206,000 CVRMLS
Mar 18, 2024 Listed $217,999 CVRMLS
Mar 12, 2024 Listing removed CVRMLS
Feb 9, 2024 Listed $224,999 CVRMLS
Jul 11, 2023 Sold $54,000 Public Record
Jun 15, 2023 Sold $47,000 Public Record
Jan 1, 2008 Sold $22,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,200 $5,000 $139,200 $1,767
2023 $134,200 $5,000 $139,200 $356
2022 $23,100 $5,000 $28,100 $356
2021 $23,100 $5,000 $28,100 $379
2020 $23,100 $5,000 $28,100 $379
2019 $23,100 $5,000 $28,100 $379
2018 $23,100 $5,000 $28,100 $379
2017 $23,100 $5,000 $28,100 $379
2016 $23,100 $5,000 $28,100 $379
2015 $23,100 $5,000 $28,100 $379
2014 $23,100 $5,000 $28,100 $379
2012 $23,100 $5,000 $28,100 $379
2011 $23,100 $5,000 $28,100 $379
2009 $27,800 $5,500 $33,300 $449

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,139 sqft
Lot size
4,783 sqft
ZIP code
23803
City
Petersburg
Street
Farmer St
Coordinates
37.22098, -77.41754

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$324
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 940 Farmer St last sell?
940 Farmer St most recently sold on Jul 11, 2023 for $54,000.
What is the current tax assessment for 940 Farmer St?
The most recent total assessment for 940 Farmer St (year 2025) is $139,200 with $1,767 in property tax.
How does 940 Farmer St's assessment compare to its last sale price?
The current assessment is 157.8% above the last sale price of $54,000.
When was 940 Farmer St built?
940 Farmer St was built in 1930.
How does 940 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 940 Farmer St?
940 Farmer St is a 3 bed, 2 bath, 1,139 sqft, 4,783 sqft lot single_family.
Is 940 Farmer St a flip candidate?
Yes — 940 Farmer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 940 Farmer St a tax-appeal candidate?
No — 940 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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