735 Federal Street
Petersburg, VA 23803
- 3 beds
- 1 bath
- 979 sqft
- $199 per sqft
- 1976 build
- – on site
Welcome to this beautifully updated 1976 ranch-style home, thoughtfully renovated in 2022 and ready for its next chapter! Located in a quiet, family-oriented neighborhood just minutes from downtown Petersburg and only 25 minutes from Richmond, this turn-key property is ideal for investors or homeowners seeking comfort, convenience, and value. Recent upgrades include new siding, freshly painted interior, energy-efficient windows, a fully renovated kitchen and bathroom, updated gutters, and a brand-new 6-foot wood privacy fence—perfect for enjoying the spacious yard. A 3-car driveway offers ample parking, and the newly installed HVAC system (2025) ensures year-round comfort. Set in a diverse community with a strong sense of neighborhood pride and ongoing revitalization, this home offers the perfect blend of peace, potential, and proximity. Whether you're looking to expand your rental portfolio or settle into a welcoming area on the rise, this gem checks all the boxes!
Last checked:
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Last updated Apr 16, 2025
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MLS# 2508554 —
The Building
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Year Built:1976
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Year Built Details:Actual
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New Construction:false
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Construction Materials:Block,Drywall,VinylSiding
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Architectural Style:Ranch
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Roof:Shingle
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Exterior Features:UnpavedDriveway
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Stories Total:1
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Stories:1
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Levels:One
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Basement:CrawlSpace
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Basement:false
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Patio And Porch Features:FrontPorch
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Building Area Source:Assessor
Interior
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Interior Features:BedroomOnMainLevel
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Flooring:Vinyl
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Rooms Total:5
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Fireplace:false
Room Dimensions
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Living Area:979.0
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Living Area Source:Assessor
Financial & Terms
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Possession:CloseOfEscrow
Location
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Directions:From I-95S, take exit 52 f/ Washington St., turn left onto S. Union St., turn right onto Wesley St., turn left onto Federal St.
The Property
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Parcel Number:030-170800
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:Resale
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Property Attached:false
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Lot Size Acres:0.1446
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Lot Size Area:0.1446
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Lot Size Units:Acres
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Zoning Description:R-3
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Fencing:Fenced,Privacy
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (804) 721-7630
- Office phone:
- (855) 450-0442
Taxes
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Tax Year:2023
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Tax Annual Amount:828.04
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Tax Assessed Value:96000
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Tax Legal Description:70 X 90
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Cooling:CentralAir
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Cooling:true
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Heating:Electric,HeatPump
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:ElectricCooking,ElectricWaterHeater,Microwave,Oven,Refrigerator,Stove
Schools
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Elementary School:Cool Spring
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Middle Or Junior School:Vernon Johns
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High School:Petersburg
The Community
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Subdivision Name:None
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Pool Features:None
Parking
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Garage:false
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Parking Features:Driveway,Unpaved
Monthly cost estimate
Asking price
$195,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,044
|
| Taxes | $69 |
| Insurance | $53 |
| Utilities | $153 See report |
| Total | $1,319/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/10/25
Apr 10, 2025
|
Listed / Active | CVRMLS | $195,000 | 129.4% (44.3% / YR) |
|
5/9/22
May 9, 2022
|
CVRMLS | $85,000 |
