NOT LISTED FOR SALE

Estimated Value: $371,000 - $517,000

-- Bed
3 Baths
1,748 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $331,000 $189 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,506/month

4 Days on Market

About This Home

As of September 2023

Awesome opportunity to get a duplex in Highly sought after downtown City of Fredericksburg. Duplex's are far and few-in-between in the area. Heres your chance for what will become a great investment with a property that is walking distance to everything downtown and Marry Washington College. Rental & property values are rising every year because of a shortage of housing, values in the City do exceptionally well. This is a rare chance, dont miss out. Keep as a 2 unit property or transform to a single-family unit. 1 unit is a large 2-bedroom 1 bath featuring an enormous front porch. Rear porch a driveway parking, 2nd unit is a 1 bedroom (with den or expand to 1 large bedroom) with 1 1/2 bathrooms. Quaint front porch and rear porch. Basement with utilities and storage. Home needs large renovation and a motivated CASH buyer--Property is being sold STRICTLY AS IS.

Last Agent to Sell the Property

Ed Daminski

One Percent Lists Virginia License #0225026263 Listed on: 08/19/2023

Last Buyer's Agent

Steve Mitchell

Belcher Real Estate, LLC. License #0225245868

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1919

Lot Details

  • 4,611 Sq Ft Lot
  • Corner Lot

Parking

  • Driveway

Home Design

  • 1,748 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Fixer Upper
  • Permanent Foundation
  • Frame Construction

Unfinished Basement

  • Partial Basement
  • Rear Basement Entry

Community Details

  • 2 Units
  • Downtown Fredericksburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7779-62-3223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,836

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Any items at property at time of settlement
  • New Construction: No
  • Year Built: 1919
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Rear Entrance, Outside Entrance
  • Total Sq Ft: 1748
  • Living Area Sq Ft: 1748
  • Price Per Sq Ft: 194.45
  • Above Grade Finished Sq Ft: 1748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1424

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • School District Key: 121137587137
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4611.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1836.00
  • Assessor Parcel Number: 7779-62-3223
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/13/2023

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Jul 27, 2023
Sold by
Collins Charles A
Bought by
1424 William Street Llc
Seller's Agent
Ed Daminski
One Percent Lists Virginia
Buyer's Agent
Steve Mitchell
Belcher Real Estate, LLC.
List Price
$339,900
Sold Price
$331,000
Premium/Discount to List
-$8,900
-2.62%
Views
199
Current Estimated Value
$427,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,919
Avg. Annual Appreciation
18.28%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1424 William Street Llc $302,000 Ekko Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $331,000 -2.6% $189 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $339,900 -- $194 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $2,298 $298,500 $165,000 $133,500
2024 $1,969 $221,200 $125,000 $96,200
2023 $1,902 $221,200 $125,000 $96,200
2022 $1,836 $221,200 $125,000 $96,200
2021 $1,836 $221,200 $125,000 $96,200
2020 $1,630 $191,800 $125,000 $66,800
2019 $1,534 $191,800 $125,000 $66,800
2018 $1,534 $191,800 $125,000 $66,800
2017 $1,534 $191,800 $125,000 $66,800
2012 -- $197,100 $117,000 $80,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFB2004580

Bright MLS

APN: 206134-L3