39 Walnut Ln Petersburg, VA 23803
Estimated payment $835/month
Total Views
35,082
2
Beds
1
Bath
912
Sq Ft
$154
Price per Sq Ft
Highlights
- Hot Property
- Cottage
- Heat Pump System
- Wood Flooring
- Central Air
- 1-Story Property
About This Home
Welcome to 39 Walnut Ln, a charming 2-bedroom, 1-bath home with a long-term tenant already in place, currently paying $1,200/month. This property is a perfect investment opportunity for seasoned investors or anyone looking to start their real estate portfolio.
Located in the heart of Petersburg, this home is situated in an area experiencing ongoing revitalization and growth. With new businesses, infrastructure projects, and development initiatives in progress, Petersburg is becoming a hot spot for investors seeking affordable options with high potential for appreciation.
Enjoy steady cash flow from day one while benefiting from the city’s promising future. Whether you're expanding your investment portfolio or taking the first step in building generational wealth, 39 Walnut Ln is a smart move in the right direction.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $748
Year Built
- Built in 1974
Lot Details
- 3,001 Sq Ft Lot
- Zoning described as R-3
Parking
- No Garage
Home Design
- Cottage
- Bungalow
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 912 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Walnut Hill Elementary School
- Vernon Johns Middle School
- Petersburg High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tax Lot 0.068
- Assessor Parcel Number 031-070006
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $748 | $91,200 | $6,600 | $84,600 |
| 2023 | $748 | $58,900 | $6,200 | $52,700 |
| 2022 | $748 | $58,900 | $6,200 | $52,700 |
| 2021 | $780 | $57,800 | $6,100 | $51,700 |
| 2020 | $780 | $57,800 | $6,100 | $51,700 |
| 2019 | $780 | $57,800 | $6,100 | $51,700 |
| 2018 | $780 | $57,800 | $6,100 | $51,700 |
| 2017 | $780 | $57,800 | $6,100 | $51,700 |
| 2016 | $780 | $57,800 | $0 | $0 |
| 2014 | $780 | $0 | $0 | $0 |
| 2013 | $780 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $140,000 | +27.3% | $154 / Sq Ft |
| 03/15/2024 03/15/24 | Sold | $110,000 | -10.6% | $121 / Sq Ft |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 12/04/2023 12/04/23 | For Sale | $123,000 | -- | $135 / Sq Ft |
Source: Central Virginia Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $66,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $88,000 | Construction |
Source: Public Records
About the Listing Agent
Danielle Bowers is the principal broker and owner of Century 21 Lifestyle, where she provides exceptional service to both buyers and sellers. After becoming a homeowner in Chesterfield, VA, in 2005, Danielle began her real estate career and quickly earned recognition as Rookie of the Year in 2006, along with the Accredited Buyer Representative designation. Her military background, combined with a strong foundation in education and leadership, allows Danielle to effectively guide clients through
Danielle's Other Listings
Source: Central Virginia Regional MLS
MLS Number: 2518149
APN: 031-07-0006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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