Back 1500 West Lane
Off Market

1500 West Lane

Petersburg VA 23803

3
2
1972 sq. ft.
0.25 ac.
Single-Family
Last sold for $145,000
Joie R BoykinsJoie R Boykins, last sold this property on 10 October 2025 after 23 days on market.

Overview

Opportunity knocks at 1500 West Ln, Petersburg, VA 23803! This property is ideal for savvy investors, home is being Sold as-is, flippers, or handy buyers eager to build equity. With solid potential, a versatile layout, and a full finished basement, this home is ready for someone to bring it back to life and unlock its true value. The finished basement offers endless possibilities — whether used as additional living space, an in-law suite, or potential rental income opportunity, it’s a major bonus that adds to the property’s value. Combined with the spacious main level and large lot, this home has all the right ingredients for a profitable renovation. Conveniently located near schools, shopping, restaurants, and major highways, the property sits in a growing area with strong rental demand and future resale potential. Whether you’re looking to renovate for your own use, fix and flip, or expand your rental portfolio, 1500 West Ln offers multiple exit strategies.

Features

3 bedrooms
2 bathrooms
1972 sq. ft. floor area
0.25 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Petersburg over the last 12 months, the estimated median property value of 1500 West Lane is $255k.

Median value
$255k
Estimated value range
$235 - $2.27m
Median days on market
17
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Petersburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1500 West Lane

2025
Sold
$145,000
10 Oct 2025 by Joie R Boykins

Happy sellers in Petersburg

66%
66% of sellers in Petersburg reported that their sale price either exceeded or met their price expectations.

Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Petersburg over the last 12 months.

Local market activity for 3 bedroom single-family properties in Petersburg

In the last 12 months, 324 three-bedroom single-family properties similar to 1500 West Lane, have been sold.

This represents a 9% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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