NOT LISTED FOR SALE

Estimated Value: $572,000 - $696,000

1 Bed
2 Baths
1,100 Sq Ft
$396/ mo HOA Fee

Last Sold June 09, 2021

Last sale price $509,900 $464 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,048/month

55 Days on Market

Highlights

  • New Construction
  • 2-minute walk to Fredericksburg
  • Party Room
  • Wood Flooring
  • Combination Kitchen and Living
  • Stainless Steel Appliances

About This Home

As of June 2021

Fantastic new construction in downtown Fredericksburg. 1 bedroom. 2 full bathroom. Wolf and SubZero gourmet appliances in kitchen. Quartz countertops in kitchen. Custom cabinetry throughout. 10 ft ceilings. Reclaimed hardwood floors. Full sized washer & dryer. Lavish master bath with heated floors. Gas fireplace. Private, secure, assigned, garage parking. Semi-private elevators. 1 Block to VRE/Amtrak station.

Last Agent to Sell the Property

Michael Adams

(540) 657-5404 info@jonproperties.com JON Properties Realty, LLC Listed on: 04/02/2021

Last Buyer's Agent

Bobby Washington

(540) 479-3226 rwwashington@outlook.com EXIT Elite Realty

EXIT Elite Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #302
  • Private Parking
  • Lighted Parking
  • Garage Door Opener
  • Secure Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Intercom
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Location

  • Flood Risk

Schools

  • Walker Grant Middle School
  • James Monroe High School

Utilities

  • Roof Mounted Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • 120/240V
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, security gate, snow removal, sewer, water, trash
  • 17 Units
  • 2 Elevators
  • Building Winterized
  • Low-Rise Condominium
  • Uoa Of The Lofts At Frederick Street Condos
  • Built by JON Properties
  • Darbytown Subdivision
  • Property Manager

Additional Features

  • Party Room
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2021 | New Construction

Lot Details

0.53 Acres

HOA Fees

$396 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft With Bedrooms
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2021
  • Assigned Parking Space Numbers: 302
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Island
  • Window Features: Energy Star Qualified, Low-E
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 463.55
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Masonry
  • Construction Completed: Yes
  • Roof: Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Private, Secure Parking
  • Garage Features: Covered Parking, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Roof Mounted, Programmable Thermostat
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Security Gate, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 396.38
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: UOA of the Lofts At Frederick Street
  • HOA Condo Co-Op Amenities: Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Security Gate, Snow Removal, Sewer, Water, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: JAMES MONROE
  • Middle Or Junior School: WALKER GRANT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Zoning: CD
  • Zoning Description: Residential
  • In City Limits: Yes

Building Info

  • Builder Name: JON Properties

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 5, 2021
Sold by
Agv Properties Llc
Bought by
Obasanjo Olugbenga
Seller's Agent
Michael Adams
JON Properties Realty, LLC
Buyer's Agent
Bobby Washington
EXIT Elite Realty
List Price
$509,900
Sold Price
$509,900
Current Estimated Value
$629,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,390
Avg. Annual Appreciation
4.49%
Original Mortgage
$382,425
Outstanding Balance
$341,681
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$287,609
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Obasanjo Olugbenga $509,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obasanjo Olugbenga $382,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $509,900 0.0% $464 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $509,900 -- $464 / Sq Ft
Source: Bright MLS

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
2026 $4,103 $506,500 $166,600 $339,900
2025 $3,900 $506,500 $166,600 $339,900
2024 $4,486 $504,100 $166,600 $337,500
2023 $4,335 $504,100 $166,600 $337,500
2022 $4,184 $504,100 $166,600 $337,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFB118812

Bright MLS

APN: 7789-22-1954-302

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