Great investment property opportunity on a 1 acre lot. This house is completely ready for renovation. The entire interior has been stripped down to the studs and ready for your remodeling imagination. There is also a large carport and storage shed located on the property. Want a fresh start and easy renovation project. .. this is the house for you. House is being sold "As-Is", "Where-Is". Seller makes no representations to the condition of the property. Inspections are for informational purposes only.
Single-familyProperty Type
1971Year Built
1 acresLot Size
$189Est. Price/Sq.Ft.
1 spaceParking
Listed by Susan Magee• RE/MAX Allegiance
Listed by Mark States• RE/MAX Allegiance
Bought with David Wiggins• Weichert Brockwell & Associate
Source:CVRMLS #1128192
Redfin Estimate
$207,942
$112K since sold in April 2026$26K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 34% lower than the average sale price ($315K) of 5 comparable homes.
Great investment property opportunity on a 1 acre lot. This house is completely ready for renovation. The entire interior has been stripped down to the studs and ready for your remodeling imagination. There is also a large carport and storage shed located on the property. Want a fresh start and easy renovation project. .. this is the house for you. House is being sold "As-Is", "Where-Is". Seller makes no representations to the condition of the property. Inspections are for informational purposes only.
CVRMLS #2927122
Sep 3, 2009
Listing Removed
—
Aug 27, 2009
Listed
$74,900
$68/sq ft
CVRMLS #OLD2927122
Sep 3, 2009
Listing Removed
—
Aug 27, 2009
Listed
$74,900
$68/sq ft
CVRMLS #2914507
Aug 21, 2009
Listing Removed
—
May 5, 2009
Listed
$89,900
$82/sq ft
CVRMLS #OLD2914507
Aug 21, 2009
Listing Removed
—
May 5, 2009
Listed
$89,900
$82/sq ft
Public Records
Dec 30, 2004
Sold
$80,000
$73/sq ft
CVRMLS #2204232-20220224
Feb 20, 2002
Listing Removed
—
Feb 20, 2002
Listed
$55,000
$50/sq ft
CVRMLS #OLD2204232
Feb 20, 2002
Listed
$55,000
$50/sq ft
Feb 20, 2002
Listing Removed
—
CVRMLS #2125428
Oct 19, 2001
Listed
$55,000
$50/sq ft
Oct 19, 2001
Listing Removed
—
CVRMLS #OLD2125428
Oct 19, 2001
Listing Removed
—
Oct 19, 2001
Listed
$55,000
$50/sq ft
Public Records
Sep 25, 2001
Sold
$52,690
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,718 (+5.3%)
$69,000 + $124,000
$193,000
2025
$1,631 (+1.7%)
$69,000 + $124,000
$193,000
2024
$1,604 (+5.0%)
$66,000 + $117,300
$183,300
2023
$1,528 (+6.6%)
$64,000 + $114,200
$178,200
2022
$1,433 (+4.6%)
$60,000 + $107,900
$167,900
2021
$1,371 (+1.6%)
$57,000 + $98,800
$155,800
2020
$1,349 (+3.7%)
$55,000 + $89,300
$144,300
2019
$1,301 (+2.7%)
$55,000 + $87,000
$142,000
2018
$1,266 (+1.9%)
$53,000 + $83,900
$136,900
2017
$1,243 (+3.3%)
$51,000 + $82,300
$133,300
2016
$1,203 (+2.4%)
$49,000 + $76,400
$125,400
2014
$1,175 (+3.1%)
$49,000 + $70,800
$119,800
2013
$1,140
$49,000 + $70,800
$119,800
Tax history for 12040 River Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,718 (+5.3%)
$69,000 + $124,000
$193,000
2025
$1,631 (+1.7%)
$69,000 + $124,000
$193,000
2024
$1,604 (+5.0%)
$66,000 + $117,300
$183,300
2023
$1,528 (+6.6%)
$64,000 + $114,200
$178,200
2022
$1,433 (+4.6%)
$60,000 + $107,900
$167,900
2021
$1,371 (+1.6%)
$57,000 + $98,800
$155,800
2020
$1,349 (+3.7%)
$55,000 + $89,300
$144,300
2019
$1,301 (+2.7%)
$55,000 + $87,000
$142,000
2018
$1,266 (+1.9%)
$53,000 + $83,900
$136,900
2017
$1,243 (+3.3%)
$51,000 + $82,300
$133,300
2016
$1,203 (+2.4%)
$49,000 + $76,400
$125,400
2014
$1,175 (+3.1%)
$49,000 + $70,800
$119,800
2013
$1,140
$49,000 + $70,800
$119,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Mar 9, 2026 • Active
Residential electrical
Electrical
Electric meter
Mar 4, 2026 • Final
Residential plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Heat Pump Electric
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Brick Chimney
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Building Style Type: Traditional
Construction Type: Wood
Building Construction Quality: Fair
Exterior Wall: Wood Siding
Property Information
Living Sq. Ft: 1,100
Building Sq. Ft: 1,100
# of Stories: 1
Stories Type: 1
Legal Description: PETERSBURG ROAD
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Municipality Name: MATOACA
Acres: 1
Zoning Code: A
County Use Description: SINGLE DWELLING
State Use Description: 1 FAMILY RES SUBURB
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Septic
Water Service Type: Well
Financial
Assessor Information
Assessment Year: 2026
Tax District County: MATOACA
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,100
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1971
County: Chesterfield County
APN: 743635314600000
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Matoaca Elementary School
Public PreK-5 • Assigned • 8.1mi
7/10
Matoaca Middle School
Public 6-8 • Assigned • 8.0mi
4/10
Matoaca High School
Public 9-12 • Assigned • 7.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Chesterfield, VA • 23838
Average low and high temperatures (°F)
45
25
50
30
67
41
75
51
76
56
86
65
88
71
81
64
78
60
70
48
62
40
49
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$198,000 – $240,000
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