465 Terrace Avenue, Petersburg, VA 23803

$198,000
3
BD
2
BA
1,936
SqFt

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Sold Price
$198,000
List Price
$212,500
Days on Market
41
Closing Date
Jul 22, 2026
MLS#
CVR-2614998
Status
CLOSED
Type
Single Family Residential
Style
Two Story
Year Built
1925
Bedrooms
3
Full-baths
1
Half-baths
1
County
Petersburg
Region
57 - Petersburg

Property Description

Back to the market through no fault of the Seller. Perfect for a first-time homebuyer or an investor looking to add a great property to their portfolio! Seller is offering $5,000 credit for closing cost assistance. This well-maintained home features 3 spacious bedrooms and 1.5 bathrooms, with beautifully updated bathrooms and a remodeled kitchen showcasing granite countertops, modern finishes, and ample cabinet space. The home offers a generously sized living area, providing plenty of room for entertaining, relaxing, and everyday living. Nestled on a quiet cul-de-sac, you’ll enjoy added privacy and a peaceful setting. Major systems have been updated in recent years, including the roof, HVAC system, and water heater, giving buyers added confidence and helping reduce future maintenance concerns. Whether you’re searching for your first home or a turnkey investment property, this move-in-ready gem offers comfort, value, and long-term potential. Don’t miss your chance to make it yours!

Additional Information

Acres
0.17
Living Area
1,936
Elementary School
Walnut Hill
Middle School
Vernon Johns
High School
Petersburg
Roof
Shingle
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove
Cooling
Central Air
Heating
Electric, Heat Pump
Taxes
$2,611

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of United Real Estate Richmond. Selling Office: NON MLS OFFICE.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .