127 Summit St
Petersburg, VA 23803
2 bd 1 ba 770 sqft Built 1946 single_family
Most recent sale
$70,000
Jan 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 4, 2024 | Listing removed | — | CVRMLS |
| Mar 6, 2024 | Listed | $147,900 | CVRMLS |
| Mar 4, 2024 | Listing removed | — | CVRMLS |
| Nov 16, 2023 | Price changed | $150,000 | CVRMLS |
| Nov 2, 2023 | Price changed | $139,999 | CVRMLS |
| Oct 25, 2023 | Price changed | $160,000 | CVRMLS |
| Aug 25, 2023 | Relisted | $150,000 | CVRMLS |
| Aug 22, 2023 | Listing removed | — | CVRMLS |
| Jan 24, 2022 | Sold | $70,000 | CVRMLS |
| Jan 4, 2022 | Listing removed | — | CVRMLS |
| Dec 5, 2021 | Listed | $69,000 | CVRMLS |
| Mar 20, 2010 | Listing removed | $29,900 | CVRMLS |
| Feb 23, 2010 | Listed | $29,900 | CVRMLS |
| Jan 1, 2010 | Sold | $60,000 | Public Record |
| Nov 29, 2009 | Listing removed | $60,000 | CVRMLS |
| May 28, 2009 | Listed | $60,000 | CVRMLS |
| Jan 1, 2007 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $139,800 | $14,200 | $154,000 | $1,955 |
| 2023 | $139,800 | $14,200 | $154,000 | $697 |
| 2022 | $40,700 | $14,200 | $54,900 | $697 |
| 2021 | $40,700 | $14,200 | $54,900 | $741 |
| 2020 | $40,700 | $14,200 | $54,900 | $741 |
| 2019 | $40,700 | $14,200 | $54,900 | $741 |
| 2018 | $40,700 | $14,200 | $54,900 | $741 |
| 2017 | $40,700 | $14,200 | $54,900 | $741 |
| 2016 | $40,700 | $14,200 | $54,900 | $741 |
| 2015 | $40,700 | $14,200 | $54,900 | $741 |
| 2014 | $40,700 | $14,200 | $54,900 | $741 |
| 2012 | $40,700 | $14,200 | $54,900 | $741 |
| 2011 | $40,700 | $14,200 | $54,900 | $741 |
| 2009 | $44,100 | $15,500 | $59,600 | $804 |
Property facts
Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
770 sqft
Lot size
—
ZIP code
23803
City
Petersburg
Street
Summit St
Coordinates
37.21564, -77.43887
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 127 Summit St last sell?
127 Summit St most recently sold on Jan 24, 2022 for $70,000.
What is the current tax assessment for 127 Summit St?
The most recent total assessment for 127 Summit St (year 2025) is $154,000 with $1,955 in property tax.
How does 127 Summit St's assessment compare to its last sale price?
The current assessment is 120.0% above the last sale price of $70,000.
When was 127 Summit St built?
127 Summit St was built in 1946.
How does 127 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 127 Summit St?
127 Summit St is a 2 bed, 1 bath, 770 sqft single_family.
Is 127 Summit St a flip candidate?
No — 127 Summit St does not appear in our flips dataset.
Is 127 Summit St a tax-appeal candidate?
Yes — 127 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