112 Summit St
Petersburg, VA 23803
2 bd 1 ba 1,096 sqft Built 1948 Lot 10,001 sqft single_family
Most recent sale
$87,000
Jan 23, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 22, 2024 | Price changed | $160,000 | CVRMLS |
| Mar 18, 2024 | Listed | $170,000 | CVRMLS |
| Jan 23, 2024 | Sold | $87,000 | CVRMLS |
| Jul 5, 2017 | Sold | $15,000 | CVRMLS |
| Dec 4, 2015 | Price changed | $15,000 | CVRMLS |
| Nov 16, 2015 | Relisted | $20,000 | CVRMLS |
| Nov 4, 2015 | Listing removed | $20,000 | CVRMLS |
| Oct 21, 2015 | Listed | $20,000 | CVRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $120,700 | $13,000 | $133,700 | $1,697 |
| 2023 | $120,700 | $13,000 | $133,700 | $824 |
| 2022 | $51,900 | $13,000 | $64,900 | $824 |
| 2021 | $15,000 | $14,200 | $29,200 | $394 |
| 2020 | $15,000 | $14,200 | $29,200 | $394 |
| 2019 | $15,000 | $14,200 | $29,200 | $394 |
| 2018 | $15,000 | $14,200 | $29,200 | $394 |
| 2017 | $15,000 | $14,200 | $29,200 | $394 |
| 2016 | $47,700 | $14,200 | $61,900 | $835 |
| 2015 | $47,700 | $14,200 | $61,900 | $835 |
| 2014 | $47,700 | $14,200 | $61,900 | $835 |
| 2012 | $47,700 | $14,200 | $61,900 | $835 |
| 2011 | $47,700 | $14,200 | $61,900 | $835 |
| 2009 | $51,800 | $15,500 | $67,300 | $908 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,096 sqft
Lot size
10,001 sqft
ZIP code
23803
City
Petersburg
Street
Summit St
Coordinates
37.21597, -77.43992
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$522
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 112 Summit St last sell?
112 Summit St most recently sold on Jan 23, 2024 for $87,000.
What is the current tax assessment for 112 Summit St?
The most recent total assessment for 112 Summit St (year 2025) is $133,700 with $1,697 in property tax.
How does 112 Summit St's assessment compare to its last sale price?
The current assessment is 53.7% above the last sale price of $87,000.
When was 112 Summit St built?
112 Summit St was built in 1948.
How does 112 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 112 Summit St?
112 Summit St is a 2 bed, 1 bath, 1,096 sqft, 10,001 sqft lot single_family.
Is 112 Summit St a flip candidate?
No — 112 Summit St does not appear in our flips dataset.
Is 112 Summit St a tax-appeal candidate?
Yes — 112 Summit 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 valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$223.4K
2026 Q4
$225.9K
ZIP 23803 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit St