Seller's Agent in 2023
Elaine Arnold
Keller Williams Capital Properties
(540) 847-6974
43 Total Sales
316 Burman Ln Fredericksburg, VA 22407
Estimated Value: $278,000 - $348,517
3
Beds
1.5
Baths
1,300
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Shed
- Rambler Architecture
- Living Room
- Heat Pump System
About This Home
As of March 2023Ready to invest in income-producing property? This cute rambler has voucher tenants who have occupied the home for five years and would like to stay. Enjoy rental income from Uncle Sam reliably deposited in your bank account each month. The tenants are on a three-month lease and ready to sign a new long-term agreement. *** Please do not disturb the tenants without a confirmed appointment with your Realtor. *** The home has an awesome location, under five minutes to commuter parking, under ten to major shopping at the Spotsylvania Town Center and Central Park, ten minutes to I-95, and fifteen to downtown Fredericksburg and the AMRTAK/VRE Commuter Rail station. Schools are also under five minutes from the home. The interior has low-maintenance laminate flooring, and the exterior has a rear, elevated deck. A walk-out partially finished basement adds substantially to the interior space available. The large lot is over 1/3 of an acre and backs to trees. The home is sold "as is" and is bargain-priced accordingly.
Last Agent to Sell the Property
Keller Williams Capital Properties Listed on: 02/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,436
Year Built
- Built in 1985
Lot Details
- 0.36 Acre Lot
- Property is zoned R1
Home Design
- Rambler Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Living Room
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
- Connecting Stairway
- Interior and Exterior Basement Entry
- Basement Windows
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- On-Street Parking
Outdoor Features
- Deck
- Shed
Schools
- Harrison Road Elementary School
- Chancellor Middle School
- Chancellor High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- The Timbers Subdivision
Listing and Financial Details
- Tax Lot 96
- Assessor Parcel Number 22A16-96-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Mar 15, 2023
Sold by
Brasley Jeffery D
Bought by
A D L Investment Llc
Seller's Agent
Elaine Arnold
Keller Williams Capital Properties
Buyer's Agent
Kristofer Nance
Nance & Associates, Realtors
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,129
Avg. Annual Appreciation
10.78%
Original Mortgage
$187,500
Outstanding Balance
$182,220
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$139,687
Purchase Details
Closed on
Apr 9, 2008
Sold by
Nationstar Mtg Llc
Bought by
Brasley Jeffrey and Minnick,Stary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,450
Interest Rate
6.3%
Mortgage Type
VA
Purchase Details
Closed on
Dec 11, 2007
Sold by
Nectar Projects Inc
Bought by
Nationstar Mtg Llc
Purchase Details
Closed on
Dec 8, 1998
Sold by
Secty Of H U D
Bought by
Sanders Charles E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| A D L Investment Llc | $250,000 | Fidelity National Title | |
| Brasley Jeffrey | $207,000 | -- | |
| Nationstar Mtg Llc | $211,143 | -- | |
| Sanders Charles E | $78,750 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | A D L Investment Llc | $187,500 | |
| Previous Owner | Brasley Jeffery D | $216,631 | |
| Previous Owner | Brasley Jeffrey | $211,450 | |
| Previous Owner | Sanders Charles E | $78,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $250,000 | -7.1% | $192 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | For Sale | $269,000 | 0.0% | $207 / Sq Ft |
| 03/02/2018 03/02/18 | Rented | $1,375 | 0.0% | -- |
| 02/07/2018 02/07/18 | Under Contract | -- | -- | -- |
| 02/01/2018 02/01/18 | Price Changed | $1,375 | +1.9% | $1 / Sq Ft |
| 01/30/2018 01/30/18 | For Rent | $1,350 | +5.9% | -- |
| 05/24/2013 05/24/13 | Rented | $1,275 | 0.0% | -- |
| 05/21/2013 05/21/13 | Under Contract | -- | -- | -- |
| 04/16/2013 04/16/13 | For Rent | $1,275 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,740 | $237,000 | $125,000 | $112,000 |
| 2024 | $1,740 | $237,000 | $125,000 | $112,000 |
| 2023 | $1,503 | $194,700 | $95,000 | $99,700 |
| 2022 | $1,436 | $194,700 | $95,000 | $99,700 |
| 2021 | $1,503 | $185,700 | $85,000 | $100,700 |
| 2020 | $1,503 | $185,700 | $85,000 | $100,700 |
| 2019 | $1,511 | $178,300 | $80,000 | $98,300 |
| 2018 | $1,485 | $178,300 | $80,000 | $98,300 |
| 2017 | $1,349 | $158,700 | $60,000 | $98,700 |
| 2016 | $1,349 | $158,700 | $60,000 | $98,700 |
| 2015 | -- | $154,000 | $50,000 | $104,000 |
| 2014 | -- | $154,000 | $50,000 | $104,000 |
Source: Public Records
Agents Affiliated with this Home
-
Elaine Arnold
-
Kristofer Nance
Buyer's Agent in 2023
Kristofer Nance
Nance & Associates, Realtors
(540) 373-7474
109 Total Sales
-
J
Buyer's Agent in 2018
Joseph Bury
EXIT Elite Realty
-
C
Seller's Agent in 2013
Chelsea Hagerty
Century 21 New Millennium
-
Jessica Cooper
Buyer's Agent in 2013
Jessica Cooper
EXP Realty, LLC
(540) 369-6056
7 Total Sales
Map
Source: Bright MLS
MLS Number: VASP2015328
APN: 22A-16-96
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