Seller's Agent in 2020
Mari Kelly
Long & Foster
(703) 862-8532
4 in this area
138 Total Sales
1321 Payne St Fredericksburg, VA 22401
Marye's Heights NeighborhoodEstimated Value: $679,113 - $752,000
4
Beds
3
Baths
3,877
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Traditional Floor Plan
- Main Floor Bedroom
- Cathedral Ceiling
- Wood Flooring
- No HOA
About This Home
As of February 2020Picture perfect cape cod walking distance to the college and downtown. Looks can be deceiving as this beauty packs a total of 3877sq ft finished. Yes, you just read it correctly. 3877sq ft!Wow! Featuring 2 main level bedroom one of which has a queen-sized murphy bed which will convey with the property. There are 2 upper-level bedrooms both of which can easily fit a king-size bed. Hardwood flooring throughout. The kitchen has been fully remodeled, is spacious and has an additional sink or coffee center. The cabinetry is a warm maple color with interior lighting in glass panels and under counter lighting elsewhere. Full updated bathroom on every level. The side entrance opens to either a very large mudroom, office or playroom with a beautiful wood panel ceiling. Gorgeous light-filled family room addition with vaulted ceilings and a built-in wet bar. French doors leading to a lovely low maintenance yard with a fun addition of an outdoor shower. This yard is fully fenced and includes a one-car garage and a small workshop. And there's more... The lower level has its own private entrance so it can be a guest quarter, a teenage quarter, an inlaw suite or a private rental. It has a large modern kitchen and a full bath. Tons of storage available. This home hits all the checkmarks, updated 4 bedrooms, 3 baths, low maintenance fenced yard, garage and workshop plus tons of additional on-site parking spaces, great location and a picture-perfect cape cod with a beautiful front porch. Home sweet home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,473
Year Built
- Built in 1955
Lot Details
- 6,500 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
- Landscaped
- Extensive Hardscape
- Property is in very good condition
- Property is zoned R4
Parking
- 1 Car Detached Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Plaster Walls
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Wet Bar
- Crown Molding
- Wood Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Fireplace Mantel
- Gas Fireplace
- Insulated Windows
- Window Treatments
- French Doors
- Insulated Doors
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Game Room
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Up Access
- Connecting Stairway
- Rear Basement Entry
- Basement Windows
Home Security
- Storm Windows
- Storm Doors
- Flood Lights
Outdoor Features
- Outdoor Shower
- Patio
- Porch
Schools
- Hugh Mercer Elementary School
- Walker Grant Middle School
- James Monroe High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Downtown Fredericksburg Subdivision
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 7779-54-8067
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2020
Sold by
Carpenter Catherine
Bought by
Bruce Stephen Michael
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
VA
Purchase Details
Listed on
Nov 12, 2019
Closed on
Feb 20, 2020
Sold by
Acosta Daniel M and Acosta Amanda Williams
Bought by
Carpenter Catherine
Seller's Agent
Mari Kelly
Long & Foster Real Estate, Inc.
Buyer's Agent
Jesse Price
CENTURY 21 New Millennium
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
VA
Purchase Details
Listed on
Mar 2, 2017
Closed on
Sep 7, 2017
Sold by
Kreisman David J
Bought by
Acosta Daniel M and Williams Amanda D
Seller's Agent
Trey Grooms
EXP Realty, LLC
Buyer's Agent
Mari Kelly
Long & Foster Real Estate, Inc.
List Price
$499,000
Sold Price
$465,560
Premium/Discount to List
-$33,440
-6.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$442,282
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2010
Sold by
Johnson Kenneth W
Bought by
Kreisman David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,356
Interest Rate
4.51%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bruce Stephen Michael | $500,000 | Attorney | |
| Carpenter Catherine | $500,000 | Universal Title | |
| Acosta Daniel M | $465,560 | Ekko Title | |
| Kreisman David J | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bruce Stephen M | $497,600 | |
| Closed | Bruce Stephen Michael | $500,000 | |
| Previous Owner | Carpenter Catherine | $500,000 | |
| Previous Owner | Acosta Daniel M | $442,282 | |
| Previous Owner | Kreisman David J | $493,356 | |
| Previous Owner | Johnson Kenneth W | $343,000 | |
| Previous Owner | Johnson Kenneth W | $218,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2020 02/21/20 | Sold | $500,000 | -1.0% | $129 / Sq Ft |
| 01/17/2020 01/17/20 | Pending | -- | -- | -- |
| 12/05/2019 12/05/19 | Price Changed | $505,000 | -1.9% | $130 / Sq Ft |
| 11/12/2019 11/12/19 | For Sale | $515,000 | +10.6% | $133 / Sq Ft |
| 09/11/2017 09/11/17 | Sold | $465,560 | -2.0% | $120 / Sq Ft |
| 07/21/2017 07/21/17 | Pending | -- | -- | -- |
| 05/22/2017 05/22/17 | Price Changed | $475,000 | -2.1% | $123 / Sq Ft |
| 04/03/2017 04/03/17 | Price Changed | $485,000 | -2.8% | $125 / Sq Ft |
| 03/02/2017 03/02/17 | For Sale | $499,000 | -- | $129 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,858 | $501,000 | $180,000 | $321,000 |
| 2024 | $4,354 | $489,200 | $140,000 | $349,200 |
| 2023 | $4,207 | $489,200 | $140,000 | $349,200 |
| 2022 | $4,060 | $489,200 | $140,000 | $349,200 |
| 2021 | $4,060 | $489,200 | $140,000 | $349,200 |
| 2020 | $3,691 | $434,200 | $140,000 | $294,200 |
| 2019 | $3,474 | $434,200 | $140,000 | $294,200 |
| 2018 | $3,474 | $434,200 | $140,000 | $294,200 |
| 2017 | $3,474 | $434,200 | $140,000 | $294,200 |
| 2012 | -- | $320,900 | $150,000 | $170,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mari Kelly
-
Jesse Price
Buyer's Agent in 2020
Jesse Price
Century 21 New Millennium
(540) 538-5506
85 Total Sales
-
Trey Grooms
Seller's Agent in 2017
Trey Grooms
EXP Realty, LLC
(703) 915-3501
113 Total Sales
Map
Source: Bright MLS
MLS Number: VAFB115912
APN: 7779-54-8067
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