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Back 735 Federal St
Off Market

735 Federal St

Petersburg VA 23803

3
1
979 sq. ft.
0.14 ac.
Single-Family
Last sold for $205,000
Nicole ReedNicole Reed, last sold this property on 27 May 2025 after 46 days on market.

Overview

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!

Features

3 bedrooms
1 bathroom
979 sq. ft. floor area
0.14 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 735 Federal St is $255k.

Median value
$255k
Estimated value range
$70k - $2.27m
Median days on market
16
Estimated value trend
5%
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 735 Federal St

2025
Sold
$205,000
27 May 2025 by Nicole Reed, of Real Broker LLC
2022
Sold
$85,000
09 May 2022 by Jim Daniels, of Longest & Daniels REALTORS

Happy sellers in Petersburg

60%
60% 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 6 reviews in Petersburg over the last 12 months.

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

In the last 12 months, 313 three-bedroom single-family properties similar to 735 Federal St, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Petersburg

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Lindsey Mobley

Lindsey Mobley is a recommended agent for Petersburg.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   5   (69 reviews)
  •  3 Reviews in Petersburg
  •  5 Sales in Petersburg
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Christy J Bowman

Christy J Bowman is a recommended agent for Petersburg.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Petersburg
  •  6 Sales in Petersburg
View profile
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Imani Williams

Imani Williams is a recommended agent for Petersburg.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (18 reviews)
  •  1 Review in Petersburg
  •  3 Sales in Petersburg
View profile
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Jada Pointer

Jada Pointer is a recommended agent for Petersburg.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Petersburg
  •  3 Sales in Petersburg
View profile
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