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423 Spring St

Petersburg, VA 23803

2 bd 1 ba 933 sqft Built 1947 Lot 10,001 sqft single_family
Most recent sale
$65,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2025 Sold $172,500 CVRMLS
Mar 13, 2025 Listing removed $750 CVRMLS
Jan 13, 2025 Price changed $159,900 CVRMLS
Oct 20, 2024 Price changed $164,900 CVRMLS
Sep 24, 2024 Price changed $169,900 CVRMLS
Sep 11, 2024 Price changed $176,900 CVRMLS
Sep 4, 2024 Listed $181,900 Farmville
Aug 23, 2024 Listed $181,900 CVRMLS
Jan 31, 2023 Sold $144,900 CVRMLS
Oct 12, 2022 Price changed $149,900 MLS #2225751
Sep 29, 2022 Relisted $154,900 MLS #2225751
Aug 25, 2022 Sold $65,000 Public Record
Aug 24, 2022 Sold $65,000 MLS #2219584
Jul 20, 2022 Price changed $74,950 MLS #2219584
Jul 12, 2022 Listed $80,000 MLS #2219584
Apr 8, 2019 Listed for rent $750 CVRMLS
May 6, 2014 Sold $22,500 Public Record
Jan 1, 2014 Sold $22,500 Public Record
Apr 28, 2004 Sold $33,000 Public Record
Jan 1, 2004 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $173,600 $14,200 $187,800 $2,385
2023 $173,600 $14,200 $187,800 $1,657
2022 $32,800 $14,200 $47,000 $596
2021 $44,700 $14,200 $58,900 $795
2020 $44,700 $14,200 $58,900 $795
2019 $44,700 $14,200 $58,900 $795
2018 $44,700 $14,200 $58,900 $795
2017 $44,700 $14,200 $58,900 $795
2016 $44,700 $14,200 $58,900 $795
2015 $44,700 $14,200 $58,900 $795
2014 $44,700 $14,200 $58,900 $795
2012 $44,700 $14,200 $58,900 $795
2011 $44,700 $14,200 $58,900 $795
2009 $48,500 $15,500 $64,000 $864

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
933 sqft
Lot size
10,001 sqft
ZIP code
23803
City
Petersburg
Street
Spring St
Coordinates
37.21052, -77.43829

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
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 423 Spring St last sell?
423 Spring St most recently sold on Aug 25, 2022 for $65,000.
What is the current tax assessment for 423 Spring St?
The most recent total assessment for 423 Spring St (year 2025) is $187,800 with $2,385 in property tax.
How does 423 Spring St's assessment compare to its last sale price?
The current assessment is 188.9% above the last sale price of $65,000.
When was 423 Spring St built?
423 Spring St was built in 1947.
How does 423 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 423 Spring St?
423 Spring St is a 2 bed, 1 bath, 933 sqft, 10,001 sqft lot single_family.
Is 423 Spring St a flip candidate?
Yes — 423 Spring St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 423 Spring St a tax-appeal candidate?
No — 423 Spring 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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