40 Clear Spring Ln Fredericksburg, VA 22405
Estimated Value: $540,000 - $584,000
4
Beds
4
Baths
2,509
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Deck
- Corner Lot
- Colonial Architecture
- Backs to Trees or Woods
- Breakfast Area or Nook
About This Home
As of March 2024Welcome home to this like new two story home in the sought after community of Southgate!! Featuring the gorgeous Elkton Model by DR HORTON, a modern and desirable floor plan. Walk into the main floor featuring a large rec room, a full bathroom and two bedrooms, this level also provides access to the spacious two car garage that is beautifully finished with epoxy floors. Upstairs you will find an open kitchen and living design gleaming with natural light and luxury vinyl plank flooring throughout. The modern kitchen is a chefs dream boasting an oversized island, quartz countertops, white cabinets and ample cabinet space! Spacious master suite is on upper level with a large walk in closet, and private master bathroom. Upper level also provides an open flex space that could be used for an office, additional seating room and many more! Relax or entertain on your trex deck on the rear that backs to trees. Perfect location for commuters close to 95, downtown area, and all major shopping districts in Fredericksburg!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,090
Year Built
- Built in 2020
Lot Details
- 8,503 Sq Ft Lot
- Cul-De-Sac
- Corner Lot
- Backs to Trees or Woods
- Property is in excellent condition
- Property is zoned R1
HOA Fees
- $74 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,509 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Insulated Doors
- Formal Dining Room
- Views of Woods
- Crawl Space
- Home Security System
Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Microwave
- Ice Maker
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Deck
Schools
- Falmouth Elementary School
- Edward E. Drew Middle School
- Stafford High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- Association fees include common area maintenance, snow removal, trash
- Built by DR Horton
- Southgate Subdivision, Elkton Floorplan
Listing and Financial Details
- Tax Lot 130
- Assessor Parcel Number 45-U-1-C-130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2023
Closed on
Mar 8, 2024
Sold by
Naghibi Abraham M
Bought by
Davis-Spates Etta T
Seller's Agent
Trisha McFadden
Coldwell Banker Elite
Buyer's Agent
GG Smith
EXP Realty, LLC
List Price
$549,000
Sold Price
$537,500
Premium/Discount to List
-$11,500
-2.09%
Total Days on Market
94
Views
303
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
$22,102
Avg. Annual Appreciation
3.36%
Original Mortgage
$496,031
Outstanding Balance
$490,222
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$69,380
Purchase Details
Listed on
Jun 18, 2021
Closed on
Jul 12, 2021
Sold by
Macey Jeannele Marie and Macey Cynthia Elisa
Bought by
Naghibi Abraham M
Seller's Agent
Lisa Nelson
Century 21 Redwood Realty
Buyer's Agent
Nancy Martinez Valdez
Samson Properties
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Purchase Details
Listed on
Apr 25, 2020
Closed on
Jun 24, 2020
Sold by
D R Horton Inc
Bought by
Macey Jeannele Marie and Macey Cynthia Elisa
Seller's Agent
Scott MacDonald
RE/MAX Gateway
Buyer's Agent
Melissa Longton
Berkshire Hathaway HomeServices PenFed Realty
List Price
$399,500
Sold Price
$399,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Similar Homes in Fredericksburg, VA
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 |
|---|---|---|---|
| Davis-Spates Etta T | $537,500 | Stewart Title | |
| Naghibi Abraham M | $465,000 | Attorney | |
| Macey Jeannele Marie | $399,500 | Premier Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis-Spates Etta T | $496,031 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2024 03/12/24 | Sold | $537,500 | -0.3% | $214 / Sq Ft |
| 01/08/2024 01/08/24 | Price Changed | $539,000 | -1.8% | $215 / Sq Ft |
| 11/02/2023 11/02/23 | For Sale | $549,000 | +18.1% | $219 / Sq Ft |
| 07/14/2021 07/14/21 | Sold | $465,000 | -2.1% | $145 / Sq Ft |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- |
| 06/18/2021 06/18/21 | For Sale | $475,000 | +18.9% | $148 / Sq Ft |
| 06/29/2020 06/29/20 | Sold | $399,500 | 0.0% | $125 / Sq Ft |
| 05/10/2020 05/10/20 | Pending | -- | -- | -- |
| 04/25/2020 04/25/20 | For Sale | $399,500 | -- | $125 / 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 | $3,809 | $420,100 | $130,000 | $290,100 |
| 2023 | $3,467 | $366,900 | $125,000 | $241,900 |
| 2022 | $3,119 | $366,900 | $125,000 | $241,900 |
| 2021 | $3,090 | $318,600 | $120,000 | $198,600 |
| 2020 | $2,134 | $318,600 | $120,000 | $198,600 |
| 2019 | $1,212 | $120,000 | $120,000 | $0 |
| 2018 | $1,188 | $120,000 | $120,000 | $0 |
| 2017 | $1,188 | $120,000 | $120,000 | $0 |
| 2016 | $1,188 | $120,000 | $120,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha McFadden
Seller's Agent in 2024
Trisha McFadden
Coldwell Banker Elite
(540) 903-8525
12 in this area
292 Total Sales
-
GG Smith
G
Buyer's Agent in 2024
GG Smith
EXP Realty, LLC
(703) 870-1527
1 in this area
5 Total Sales
-
Lisa Nelson
Seller's Agent in 2021
Lisa Nelson
Century 21 Redwood Realty
(540) 226-9246
4 in this area
233 Total Sales
-
Angel perez
Seller Co-Listing Agent in 2021
Angel perez
BHHS PenFed (actual)
(267) 237-2171
1 in this area
60 Total Sales
-
Nancy Martinez Valdez
Buyer's Agent in 2021
Nancy Martinez Valdez
Samson Properties
(571) 278-3682
1 in this area
11 Total Sales
-
Scott MacDonald
Seller's Agent in 2020
Scott MacDonald
RE/MAX Gateway, LLC
(703) 727-6900
11 in this area
406 Total Sales
Map
Source: Bright MLS
MLS Number: VAST2025332
APN: 45U-1C-130
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