NOT LISTED FOR SALE

Estimated Value: $373,000 - $442,620

2 Beds
2 Baths
-- Sq Ft
2,091 Sq Ft Lot

Last Sold November 30, 2018

Last sale price $295,000

Est. 39% increase in value since last sale

Current estimated payment $2,443/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • 2 Fireplaces
  • Porch
  • Property is in very good condition

About This Home

As of November 2018

HISTORIC OLD TOWN DUPLEX 1-1/2 BLOCK FROM RIVER..LIVE UPSTAIRS 1BR, 1BA WITH OPEN-BEAM CEILING, RENTAL INCOME DOWNSTAIRS 1BR. 1BA, SEPARATE ENTRANCES, COVERED PORCHES. HARDWOOD FLOORS, FRANKLIN-STOVE, OFF-STREET PARKING, WALKING DISTANCE TO ALL DOWNTOWN HAS TO OFFER. MOVE-IN READY. BOTH UNITS ARE ALWAYS RENTED.

Last Agent to Sell the Property

Ann Nicholas

Samson Properties Listed on: 08/31/2018

Samson Properties

Last Buyer's Agent

Heather O'Neill

Coldwell Banker Elite License #0225091923

Coldwell Banker Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1939

Lot Details

  • 2,091 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Cedar

Interior Spaces

  • 2 Fireplaces
  • Window Treatments
  • Wood Flooring
  • Electric Oven or Range
  • Stacked Washer and Dryer

Outdoor Features

  • Porch

Schools

  • Hugh Mercer Elementary School
  • James Monroe High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 132

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fredericksburg City Subdivision

Building Details

  • Operating Expense $7,601
  • Net Operating Income $13,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1939
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Oven/Range - Electric, Washer/Dryer Stacked, Refrigerator
  • Interior Amenities: Wood Floors, Window Treatments
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • 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

Schools

  • School District: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • Elementary School: HUGH MERCER
  • High School: JAMES MONROE
  • School District Key: 121137587137
  • Elementary School: HUGH MERCER
  • High School: JAMES MONROE

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 2091
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2091.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1534.40
  • Assessor Parcel Number: 132
  • Tax Lot: 91
  • Tax Total Finished Sq Ft: 1040
  • Tax Year: 2017
  • Close Date: 11/30/2018

Multi Family

  • Gross Income: 21600.00
  • Operating Expense: 7601.00

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 27, 2018
Sold by
Light Rebecca Campbel
Bought by
Chapman Richard W and Raddatz Megan E
Seller's Agent
Ann Nicholas
Samson Properties
Buyer's Agent
Heather O'Neill
Coldwell Banker Elite
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$409,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,405
Avg. Annual Appreciation
4.96%
Original Mortgage
$284,453
Interest Rate
4.8%
Mortgage Type
VA
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
Chapman Richard W $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Richard W $290,900
Closed Chapman Richard W $288,919
Closed Chapman Richard W $284,453
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $295,000 0.0% --
09/05/2018 09/05/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $295,000 0.0% --
08/31/2018 08/31/18 For Sale $295,000 0.0% --
06/06/2016 06/06/16 Rented $900 0.0% --
06/01/2016 06/01/16 Under Contract -- -- --
05/01/2016 05/01/16 For Rent $900 +5.9% --
08/25/2014 08/25/14 Rented $850 0.0% --
07/25/2014 07/25/14 Under Contract -- -- --
07/05/2014 07/05/14 For Rent $850 -- --
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 $2,764 $358,900 $150,000 $208,900
2024 $2,302 $258,700 $100,000 $158,700
2023 $2,225 $258,700 $100,000 $158,700
2022 $2,147 $258,700 $100,000 $158,700
2021 $2,147 $258,700 $100,000 $158,700
2020 $1,630 $191,800 $100,000 $91,800
2019 $1,534 $191,800 $100,000 $91,800
2018 $1,534 $191,800 $100,000 $91,800
2017 $1,534 $191,800 $100,000 $91,800
2012 -- $147,300 $58,500 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002350952

Bright MLS

APN: 28-205