NOT LISTED FOR SALE

1427 Franklin St Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood

Estimated Value: $435,000 - $483,700

3 Beds
1 Bath
1,268 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $425,000 $335 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,739/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • Formal Dining Room
  • 4-minute walk to Cossey Botanical Park

About This Home

As of June 2024

Step into the epitome of charm and convenience with this delightful home, mere minutes from downtown Fredericksburg. Nestled in a serene neighborhood within walking distance of shops, restaurants, and parks, this residence offers the perfect blend of urban accessibility and suburban tranquility. Flooded with natural light, you walk into the living room where you can cozy up next to the fireplace. Then, head over to the dining room right off the kitchen for convenience & plenty of space. Heading into the kitchen, with recent updates providing the perfect mix of modern & farmhouse. Step out to the back patio where you can enjoy your morning coffee & into your backyard oasis. The freshly painted interiors create an inviting atmosphere that welcomes you home. As you head downstairs, you'll see the newly added bar seating off the kitchen along with the new sliding barn door. The basement nook is everything you've been looking for a quiet escape. Rest easy knowing that the electrical work has been brought up to code, the electric box has been replaced, all junction boxes have been repaired, & the fence is recently painted, Look no more! Don't let this opportunity pass you by—schedule your viewing today and discover your new haven in Fredericksburg!

Last Agent to Sell the Property

Ella McCorkle

Casals, Realtors License #0225250147 Listed on: 05/09/2024

Co-Listed By

Mercy Lugo-Struthers

Casals, Realtors

Last Buyer's Agent

Dawna Lambrecht

Century 21 Redwood Realty

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1932

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R4

Home Design

  • Cape Cod Architecture
  • Plaster Walls
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lafayette Upper Elementary School
  • Walker-Grant Middle School
  • James Monroe High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Downtown Fredericksburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7779-76-5095

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Upper 1
  • Expected On Market: 2024-05-09
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: Step into the epitome of charm and convenience with this delightful home, mere minutes from downtown Fredericksburg. Nestled in a serene neighborhood within walking distance of shops, restaurants, and parks, this residence offers the perfect blend of urban accessibility and suburban tranquility. Flooded with natural light, you walk into the living room where you can cozy up next to the fireplace. Then, head over to the dining room right off the kitchen for convenience & plenty of space. Heading into the kitchen, with recent updates providing the perfect mix of modern & farmhouse. Step out to the back patio where you can enjoy your morning coffee & into your backyard oasis. The freshly painted interiors create an inviting atmosphere that welcomes you home. As you head downstairs, you'll see the newly added bar seating off the kitchen along with the new sliding barn door. The basement nook is everything you've been looking for a quiet escape. Rest easy knowing that the electrical work has been brought up to code, the electric box has been replaced, all junction boxes have been repaired, & the fence is recently painted, Look no more! Don't let this opportunity pass you by—schedule your viewing today and discover your new haven in Fredericksburg!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Refrigerator, Stove
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors, Ceiling Fan(s), Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Interior Access, Partially Finished
  • Total Sq Ft: 1268
  • Living Area Sq Ft: 1268
  • Price Per Sq Ft: 370.21
  • Above Grade Finished Sq Ft: 1148
  • Below Grade Finished Sq Ft: 120
  • Total Below Grade Sq Ft: 120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1427

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • Elementary School: LAFAYETTE UPPER
  • Middle School: WALKER-GRANT
  • High School: JAMES MONROE
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137587137
  • School District Source: Listing Agent
  • Elementary School: LAFAYETTE UPPER
  • High School: JAMES MONROE
  • Middle Or Junior School: WALKER-GRANT

Lot Info

  • Land Use Code: 014
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.80
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2354.00
  • Assessor Parcel Number: 7779-76-5095
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 28, 2024
Sold by
Hankins Olivia Michelle
Bought by
Morgan Max Olin and Garscadden Alison Jamie
Seller's Agent
Ella McCorkle
Casals, Realtors
Buyer's Agent
Dawna Lambrecht
Century 21 Redwood Realty
List Price
$425,000
Sold Price
$425,000
Views
68
Current Estimated Value
$451,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,206
Avg. Annual Appreciation
7.62%
Original Mortgage
$348,800
Outstanding Balance
$346,176
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$115,249

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 18, 2019
Sold by
Lee Robert C
Bought by
Lawrence Joshua D and Lawrence Taylor P
Seller's Agent
Anna Lee
Long & Foster Real Estate, Inc.
Buyer's Agent
Juli Hawkins
Redfin Corporation
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$315,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2001
Sold by
Congilaro Peter M
Bought by
Lee Robert C

Purchase Details

Closed on
Jan 31, 1995
Sold by
Graves Est Sm
Bought by
Lee Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
9.24%
Source: Public Records

Range of Values:

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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
Morgan Max Olin $436,000 Stewart Title
Lawrence Joshua D $325,000 Attorney
Lee Robert C $257,344 --
Lee Robert C $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Max Olin $348,800
Previous Owner Lawrence Joshua D $311,000
Previous Owner Lawrence Joshua D $315,250
Previous Owner Lee Robert C $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $425,000 0.0% $335 / Sq Ft
05/09/2024 05/09/24 For Sale $425,000 +1.2% $335 / Sq Ft
06/29/2023 06/29/23 Sold $420,000 +2.5% $331 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $409,900 +26.1% $323 / Sq Ft
07/24/2019 07/24/19 Sold $325,000 0.0% $283 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $325,000 -3.0% $283 / Sq Ft
05/29/2019 05/29/19 Price Changed $335,000 -4.3% $292 / Sq Ft
05/24/2019 05/24/19 For Sale $350,000 0.0% $305 / Sq Ft
04/29/2016 04/29/16 Rented $1,550 0.0% --
04/15/2016 04/15/16 Under Contract -- -- --
02/24/2016 02/24/16 For Rent $1,550 -- --
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 $3,228 $419,200 $150,000 $269,200
2024 $2,524 $283,600 $150,000 $133,600
2023 $2,439 $283,600 $150,000 $133,600
2022 $2,354 $283,600 $150,000 $133,600
2021 $2,354 $283,600 $150,000 $133,600
2020 $2,140 $251,800 $150,000 $101,800
2019 $2,014 $251,800 $150,000 $101,800
2018 $2,014 $251,800 $150,000 $101,800
2017 $2,014 $251,800 $150,000 $101,800
2012 -- $252,200 $175,000 $77,200
Source: Public Records

Agents Affiliated with this Home

  • Ella McCorkle

    Seller's Agent in 2024

    Ella McCorkle

    Casals, Realtors

    (703) 304-8644

    2 in this area

    94 Total Sales

    Section Image
  • Mercy Lugo-Struthers

    Seller Co-Listing Agent in 2024

    Mercy Lugo-Struthers

    Casals, Realtors

    (703) 861-6510

    3 in this area

    706 Total Sales

    Section Image
  • Dawna Lambrecht

    Buyer's Agent in 2024

    Dawna Lambrecht

    Century 21 Redwood Realty

    (540) 604-8212

    1 in this area

    21 Total Sales

    Section Image

  • J

    Seller's Agent in 2023

    Juli Hawkins

    Redfin Corporation

    Section Image
  • Anna Lee

    Seller's Agent in 2019

    Anna Lee

    Long & Foster

    (540) 847-8679

    5 in this area

    100 Total Sales

    Section Image
  • Elise Suich

    Seller's Agent in 2016

    Elise Suich

    NOVA to COVA Realty, Inc.

    (540) 604-1022

    1 in this area

    32 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: VAFB2005924

Bright MLS

APN: 149-B1427

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

1427 Franklin St, Fredericksburg, VA

This home is located at 1427 Franklin St, Fredericksburg, VA 22401 since 09 May 2024 and is currently estimated at $461,425, approximately $363 per square foot. This property was built in 1932. 1427 Franklin St is a home located in Fredericksburg City with nearby schools including Lafayette Upper Elementary School, Hugh Mercer Elementary School, and Walker-Grant Middle School.

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