NOT LISTED FOR SALE

2 Otto Way Fredericksburg, VA 22406

England Run Neighborhood

Estimated Value: $555,390 - $590,000

5 Beds
4 Baths
3,048 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $495,000 $162 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,374/month

About This Home

This immaculate 5 bedroom, 3.5 bath home is move in ready, featuring a stunning kitchen remodel with granite countertops. The inviting layout on the main level is perfect for entertaining friends and family with an open plan, full dining room, outdoor deck and lower level patio. The finished basement features a wet bar, full bath and separate lower level suite. Mounted televisions in the back room and bar convey with the home as well as the custom fabricated island in the kitchen. Note the HVAC is three years old, an American standard 16 SEER Gold Series with new air handler. Other updates include a new two stage furnace with whole house humidifier, one year old 75 gallon hot water heater, and a roof with premium dimensional shingles that is is seven years old. *Consistent with the home's excellent condition, the owners have scheduled for the upper level carpeting to be replaced (throughout the entire top level) on 8/13/22.* This fine home also has a two-mile walking path around the community, community pool, community babbling creek, and upcoming splash pad for children, several parks, is close to Howell Library , and is less than four miles from Lake Mooney Reservoir for excellent fishing and kayaking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Sep 1, 2022
Sold by
Dean Burch and Dean Morgan
Bought by
Marin Rexcel F and Marin Joy
Seller's Agent
Jeremy Downs
Long & Foster Real Estate, Inc.
Buyer's Agent
Drew Fristoe
Coldwell Banker Elite
List Price
$599,900
Sold Price
$495,000
Premium/Discount to List
-$104,900
-17.49%
Current Estimated Value
$571,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,348
Avg. Annual Appreciation
4.10%
Original Mortgage
$495,000
Outstanding Balance
$473,992
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$97,356

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 28, 2012
Sold by
Funderburk William
Bought by
Burch Morgan D
Seller's Agent
Anna Jenkins
Keller Williams Realty
Buyer's Agent
Kimberly Inge
CENTURY 21 New Millennium
List Price
$263,777
Sold Price
$265,000
Premium/Discount to List
$1,223
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$270,697
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2001
Sold by
Washington Homes Inc
Bought by
Funderbark William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,200
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marin Rexcel F $495,000 --
Burch Morgan D $265,000 --
Funderbark William F $214,814 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Rexcel F $495,000
Previous Owner Burch Morgan D $270,697
Previous Owner Funderbark William F $218,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2022 09/01/22 Sold $495,000 -1.0% $162 / Sq Ft View Prior Sale
08/03/2022 08/03/22 Pending -- -- --
07/30/2022 07/30/22 Price Changed $499,900 -16.7% $164 / Sq Ft
07/30/2022 07/30/22 For Sale $599,900 +126.4% $197 / Sq Ft
03/28/2012 03/28/12 Sold $265,000 +0.5% $82 / Sq Ft View Prior Sale
02/08/2012 02/08/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $263,777 -- $82 / Sq Ft

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 $2,957 $477,300 $130,000 $347,300
2024 $2,957 $477,300 $130,000 $347,300
2023 $3,626 $383,700 $120,000 $263,700
2022 $3,261 $383,700 $120,000 $263,700
2021 $2,957 $304,800 $90,000 $214,800
2020 $2,957 $304,800 $90,000 $214,800
2019 $2,913 $288,400 $90,000 $198,400
2018 $2,855 $288,400 $90,000 $198,400
2017 $2,730 $275,800 $90,000 $185,800
2016 $2,730 $275,800 $90,000 $185,800
2015 -- $286,200 $90,000 $196,200
2014 -- $286,200 $90,000 $196,200
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Downs

    Seller's Agent in 2022

    Jeremy Downs

    Long & Foster

    (540) 878-3663

    1 in this area

    23 Total Sales

    Jeremy Downs
    Section Image
  • Drew Fristoe

    Buyer's Agent in 2022

    Drew Fristoe

    Coldwell Banker Elite

    (540) 847-1212

    2 in this area

    59 Total Sales

    Drew Fristoe
    Section Image

  • A

    Seller's Agent in 2012

    Anna Jenkins

    Keller Williams Realty

    Section Image

  • B

    Seller Co-Listing Agent in 2012

    Becki King

    KW United

  • Kimberly Inge

    Buyer's Agent in 2012

    Kimberly Inge

    Century 21 New Millennium

    (703) 328-1618

    77 Total Sales

    Kimberly Inge
    Section Image
See All Agents

Map

Virginia Stafford County Fredericksburg 22406 England Run

2 Otto Way, Fredericksburg, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.