349 Potomac Run Rd Fredericksburg, VA 22405
5
Beds
3.5
Baths
2,876
Sq Ft
3
Acres
Highlights
- View of Trees or Woods
- Colonial Architecture
- 2 Car Attached Garage
- 3 Acre Lot
- No HOA
- Central Air
About This Home
As of April 2025Investor Special! Cash only! This unique property presents an incredible investment opportunity for any savvy cash buyer seeking to capitalize on a truly remarkable real estate find situated on a 3 acre lot. Boasting a sprawling layout with two full floors plus a sizeable basement and 2 car garage, this home offers an abundance of space and versatility. The fully finished basement, in particular, is a standout feature, containing a private bedroom, a full bathroom, and a second kitchen - making it ideal for use as an in-law suite, a separate rental unit, or any number of other flexible living arrangements. The property's HVAC system is relatively new, at around 6 years old, and has been meticulously maintained through regular professional servicing, ensuring maximum efficiency and reliability. Additionally, the home features a brand-new hot water heater, further adding to its appeal and long-term viability. While the property may require some elbow grease and TLC to reach its full potential, this only serves to enhance its allure as a true diamond in the rough - a hidden gem waiting to be polished and transformed into a remarkable investment opportunity. With its ample square footage, diverse layout, and well-maintained mechanical systems, this cash-only listing represents an exceptional chance for the right investor to capitalize on a property with immense value and limitless possibilities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,365
Year Built
- Built in 1993
Lot Details
- 3 Acre Lot
- Property is zoned A1
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Permanent Foundation
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Views of Woods
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 47 1G
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2025
Closed on
Apr 14, 2025
Sold by
Simpson Scott Suzanne
Bought by
Kj Capital Group Llc and Ssbh Properties Llc
Seller's Agent
Heidi Homfeldt
United Real Estate Premier
Buyer's Agent
Laura Hartley
Fairfax Realty Premier
List Price
$460,000
Sold Price
$395,000
Premium/Discount to List
-$65,000
-14.13%
Views
276
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.14%
Similar Homes in Fredericksburg, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $395,000 | Fidelity National Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $595,000 | -3.3% | $172 / Sq Ft |
| 07/04/2025 07/04/25 | For Sale | $615,000 | +55.7% | $178 / Sq Ft |
| 04/14/2025 04/14/25 | Sold | $395,000 | -14.1% | $137 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $460,000 | -- | $160 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $4,365 | $481,400 | $115,000 | $366,400 |
| 2023 | $4,316 | $456,700 | $110,000 | $346,700 |
| 2022 | $3,882 | $456,700 | $110,000 | $346,700 |
| 2021 | $3,524 | $363,300 | $85,000 | $278,300 |
| 2020 | $3,524 | $363,300 | $85,000 | $278,300 |
| 2019 | $3,557 | $352,200 | $85,000 | $267,200 |
| 2018 | $3,487 | $352,200 | $85,000 | $267,200 |
| 2017 | $3,604 | $364,000 | $85,000 | $279,000 |
| 2016 | $3,604 | $364,000 | $85,000 | $279,000 |
| 2015 | -- | $340,500 | $85,000 | $255,500 |
| 2014 | -- | $340,500 | $85,000 | $255,500 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Hartley
Seller's Agent in 2025
Laura Hartley
Fairfax Realty Premier
(202) 489-2315
1 in this area
27 Total Sales
-
Heidi Homfeldt
Seller's Agent in 2025
Heidi Homfeldt
United Real Estate Premier
(540) 226-0472
5 in this area
106 Total Sales
-
Katie Geddes
Seller Co-Listing Agent in 2025
Katie Geddes
United Real Estate Premier
(410) 713-5467
1 in this area
47 Total Sales
Map
Source: Bright MLS
MLS Number: VAST2036388
APN: 47-1G
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