NOT LISTED FOR SALE

1500 Princess Anne St Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood

Estimated Value: $510,418 - $582,000

-- Bed
3 Baths
1,680 Sq Ft
$320/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $364,500 $217 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,218/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Doors swing in
  • Wood Flooring
  • No HOA
  • Shed

About This Home

As of January 2019

GREAT DOWNTOWN FREDERICKSBURG LOCATION.. MULTIFAMILY 3-UNIT BUILDING FOR SALE: - 1500 Pr.. Anne St. Studio Apt., - 301A Pitt St. 1 BR/1BA/Washer/Dryer, - 301B Pitt St. 2BR/1BA/Washer/Dryer. CORNER LOT, MULTIPLE OFF-STREET PARKING, STORAGE SHED, ZONE CT, SEPARATELY METERED, RECENTLY RENOVATED, SOLD "AS IS" GREAT RETURN ON INVESTMENT... ALWAYS RENTED. !! 48 hrs required, Photos prior to tenant occupancy.

Last Agent to Sell the Property

Ann Nicholas

Samson Properties Listed on: 01/07/2019

Samson Properties

Last Buyer's Agent

Ed Tennstedt

Long & Foster Real Estate, Inc. License #0225056110

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1900

Lot Details

  • 3,960 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • Ceiling Fan
  • Electric Oven or Range
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking
  • Parking Space Conveys
  • Fenced Parking

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Hugh Mercer Elementary School
  • Walker-Grant Middle School
  • James Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for sewer, water, trash collection, real estate taxes, insurance, management, pest control
  • Tax Lot 171
  • Assessor Parcel Number 7789-06-1889

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,648
  • Net Operating Income $16,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Wood, Vinyl, Ceramic Tile
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 219.64
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1500

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Mixed
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Fenced, Parking Space Conveys, Private
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • Elementary School: HUGH MERCER
  • Middle School: WALKER-GRANT
  • High School: JAMES MONROE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121137587137
  • School District Source: 3rd Party
  • Elementary School: HUGH MERCER
  • High School: JAMES MONROE
  • Middle Or Junior School: WALKER-GRANT

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3960.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: CT
  • In City Limits: Yes

Rental Info

  • Owner Pays: Sewer, Water, Trash Collection, Taxes - Real Estate, Insurance, Management, Pest Control
  • Total Actual Rent: 27767.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2181.00
  • Assessor Parcel Number: 7789-06-1889
  • Tax Lot: 171
  • Tax Total Finished Sq Ft: 1680
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 01/30/2019

Multi Family

  • Operating Expense: 11648.36
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 29, 2019
Sold by
Light Rebecca C
Bought by
Kolbig Emil and Kolbig Agnes
Seller's Agent
Ann Nicholas
Samson Properties
Buyer's Agent
Ed Tennstedt
Long & Foster Real Estate, Inc.
List Price
$369,000
Sold Price
$364,500
Premium/Discount to List
-$4,500
-1.22%
Current Estimated Value
$539,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,590
Avg. Annual Appreciation
6.14%
Source: Public Records

Range of Values:

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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
Kolbig Emil $364,500 Ekko Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $364,500 -1.2% $217 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $369,000 0.0% $220 / Sq Ft
05/01/2018 05/01/18 Rented $700 -6.7% --
05/01/2018 05/01/18 Under Contract -- -- --
04/01/2018 04/01/18 For Rent $750 +7.1% --
12/31/2017 12/31/17 Rented $700 -6.7% --
12/15/2017 12/15/17 Under Contract -- -- --
11/30/2017 11/30/17 For Rent $750 -- --
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 $3,190 $414,300 $180,000 $234,300
2024 $3,117 $350,200 $178,200 $172,000
2023 $3,012 $350,200 $178,200 $172,000
2022 $2,907 $350,200 $178,200 $172,000
2021 $2,907 $350,200 $178,200 $172,000
2020 $2,318 $272,700 $138,600 $134,100
2019 $2,182 $272,700 $138,600 $134,100
2018 $2,182 $272,700 $138,600 $134,100
2017 $2,182 $272,700 $138,600 $134,100
2012 -- $276,900 $178,200 $98,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ann Nicholas

    Samson Properties

    Section Image

  • E

    Buyer's Agent in 2019

    Ed Tennstedt

    Long & Foster

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: VAFB108586

Bright MLS

APN: 71-1500

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

1500 Princess Anne St, Fredericksburg, VA

This home is located at 1500 Princess Anne St, Fredericksburg, VA 22401 since 07 January 2019 and is currently estimated at $537,855, approximately $320 per square foot. This property was built in 1900. 1500 Princess Anne 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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