NOT LISTED FOR SALE

324 Wolfe St Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood

Estimated Value: $335,000 - $439,244

3 Beds
1.5 Baths
1,758 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $310,000 $176 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,241/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Backs to Trees or Woods
  • High Ceiling
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

Multiple Offers received - Seller has chosen one Offer to accept. GREAT opportunity for Investors! This 2-level 1909 single-family detached home is located in the heart of historic Fredericksburg. Walk to the VRE/AMTRAK Train Station, charming shops, and restaurants in Old Town. Walk 3 blocks to the Rappahannock and Riverfront Park. 3 miles to I-95 and Central Park.
The home is zoned as Commercial-Downtown (CD) to allow for residential use or commercial use of the property.

Last Agent to Sell the Property

Elizabeth Ide

(703) 217-0192 Beth@BethandSusie.com Coldwell Banker Realty License #0225090308 Listed on: 08/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Patrick Baden

(540) 538-9240 pbaden@htrsi.com Hometown Realty Services, Inc.

Hometown Realty Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1909

Lot Details

  • 4,356 Sq Ft Lot
  • Backs to Trees or Woods
  • Historic Home
  • Property is zoned CD, Single Family Residential

Parking

  • On-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,758 Sq Ft Home
  • Property has 2 Levels
  • High Ceiling
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Dining Room
  • Crawl Space

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Outdoor Features

  • Porch

Schools

  • Hugh Mercer Elementary School
  • Walker-Grant Middle School
  • James Monroe High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Fredericksburg City Subdivision

Listing and Financial Details

  • Tax Lot 300
  • Assessor Parcel Number 7789-13-5532

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,781

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-08-01
  • Year Built: 1909
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: High
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Full Bath
  • Basement: No
  • Total Sq Ft: 1758
  • Living Area Sq Ft: 1758
  • Price Per Sq Ft: 176.34
  • Above Grade Finished Sq Ft: 1758
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed, Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Composite
  • View: Garden/Lawn, Trees/Woods
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: HUGH MERCER
  • High School: JAMES MONROE
  • Middle Or Junior School: WALKER-GRANT

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Major Rehab Needed
  • Zoning: CD
  • Zoning Description: Single Family Residential
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2781.00
  • Assessor Parcel Number: 7789-13-5532
  • Tax Lot: 300
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 3, 2024
Sold by
Burnett W Peters Iii Legacy Trust and Peters Burnett W
Bought by
Out East Ventures Llc
Seller's Agent
Elizabeth Ide
Coldwell Banker Realty
Buyer's Agent
Patrick Baden
Hometown Realty Services, Inc.
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
102
Current Estimated Value
$375,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,061
Avg. Annual Appreciation
20.99%

Purchase Details

Closed on
Oct 6, 2023
Sold by
Ridley Doris H
Bought by
Doris H Ridley Living Trust and Peters

Purchase Details

Closed on
Sep 23, 2022
Sold by
Ridley Doris H
Bought by
Doris H Ridley Living Trust
Source: Public Records

Range of Values:

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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
Out East Ventures Llc $310,000 The Title Professionals
Doris H Ridley Living Trust -- None Listed On Document
Doris H Ridley Living Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $310,000 -4.6% $176 / Sq Ft
08/01/2024 08/01/24 For Sale $325,000 -- $185 / 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 $3,104 $403,100 $235,000 $168,100
2024 $2,982 $335,100 $197,000 $138,100
2023 $2,882 $335,100 $197,000 $138,100
2022 $2,781 $335,100 $197,000 $138,100
2021 $2,781 $335,100 $197,000 $138,100
2020 $2,845 $334,700 $196,800 $137,900
2019 $2,678 $334,700 $196,800 $137,900
2018 $2,678 $334,700 $196,800 $137,900
2017 $2,678 $334,700 $196,800 $137,900
2012 -- $320,100 $240,500 $79,600
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Ide

    Seller's Agent in 2024

    Elizabeth Ide

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (703) 217-0192

    1 in this area

    88 Total Sales

    Elizabeth Ide
    Section Image
  • Patrick Baden

    Buyer's Agent in 2024

    Patrick Baden

    Hometown Realty Services, Inc.

    (540) 538-9240

    1 in this area

    31 Total Sales

    Patrick Baden
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFB2006510

Bright MLS

APN: 86-324

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

324 Wolfe St, Fredericksburg, VA

This home is located at 324 Wolfe St, Fredericksburg, VA 22401 since 01 August 2024 and is currently estimated at $375,061, approximately $213 per square foot. This property was built in 1909. 324 Wolfe St 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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