NOT LISTED FOR SALE

1502 Airport Ave Fredericksburg, VA 22401

Mayfield Neighborhood

Estimated Value: $215,000 - $280,823

3 Beds
1 Bath
1,034 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $160,000 $155 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,461/month

13 Days on Market

Highlights

  • Raised Ranch Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Plenty of potential here.. sold as is/where is

Last Agent to Sell the Property

Betty Westerlund

Town & Country Elite Realty, LLC. Listed on: 02/11/2021

Last Buyer's Agent

Kristofer Nance

Nance & Associates, Realtors License #0225047298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $793

Year Built

  • Built in 1955

Lot Details

  • 6,927 Sq Ft Lot
  • Property is zoned R4

Parking

  • On-Street Parking

Home Design

  • Raised Ranch Architecture

Interior Spaces

  • 1,034 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • James Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Airport Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 7788-28-5147

Home Details

Home Type

Single Family

Est. Annual Taxes

$793

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Plenty of potential here.. sold as is/where is
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1034
  • Living Area Sq Ft: 1034
  • Price Per Sq Ft: 173.98
  • Above Grade Finished Sq Ft: 1034
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1502

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 41300.00
  • Land Assessed Value: 52000.00
  • Land Use Code: 014
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6927.00
  • Year Assessed: 2020
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19869175
  • Tax Annual Amount: 793.00
  • Assessor Parcel Number: 7788-28-5147
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1034
  • Tax Year: 2020
  • Close Date: 12/30/2021

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Dec 30, 2021
Sold by
Monet Keeve
Bought by
Adl Investment Llc
Seller's Agent
Betty Westerlund
Town & Country Elite Realty, LLC.
Buyer's Agent
Kristofer Nance
Nance & Associates, Realtors
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Current Estimated Value
$244,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,272
Avg. Annual Appreciation
12.74%
Original Mortgage
$172,400
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 2021
Sold by
Keeve Iris L
Bought by
Vernon Keeve Jr Estate

Purchase Details

Closed on
Feb 27, 2001
Sold by
Atton Letitia L
Bought by
Keeve Vernon
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
Adl Investment Llc $160,000 Fidelity National Title
Vernon Keeve Jr Estate -- None Available
Keeve Vernon $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A D L Investment Llc $164,000
Closed Adl Investment Llc $172,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $160,000 -11.1% $155 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $179,900 -- $174 / 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 $1,488 $193,300 $78,000 $115,300
2024 $1,152 $129,400 $52,000 $77,400
2023 $1,113 $129,400 $52,000 $77,400
2022 $1,074 $129,400 $52,000 $77,400
2021 $1,074 $129,400 $52,000 $77,400
2020 $793 $93,300 $52,000 $41,300
2019 $746 $93,300 $52,000 $41,300
2018 $746 $93,300 $0 $93,300
2017 $746 $93,300 $52,000 $41,300
2012 -- $73,400 $45,000 $28,400
Source: Public Records

Agents Affiliated with this Home

  • Betty Westerlund

    Seller's Agent in 2021

    Betty Westerlund

    Town & Country Elite Realty, LLC.

    (540) 428-6856

    3 in this area

    165 Total Sales

    Section Image
  • Kristofer Nance

    Buyer's Agent in 2021

    Kristofer Nance

    Nance & Associates, Realtors

    (540) 373-7474

    19 in this area

    107 Total Sales

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Map

Source: Bright MLS

MLS Number: VAFB118552

Bright MLS

APN: 7788-28-5147

Virginia Fredericksburg County Fredericksburg 22401 Mayfield

1502 Airport Ave, Fredericksburg, VA

This home is located at 1502 Airport Ave, Fredericksburg, VA 22401 since 11 February 2021 and is currently estimated at $246,706, approximately $238 per square foot. This property was built in 1955. 1502 Airport Ave 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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