$300,000

402 E Spencer St Culpeper, VA 22701

Estimated payment $1,838/month

Total Views 5,878
5 Beds
2 Baths
3,190 Sq Ft
$94 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Corner Lot
  • Country Kitchen
  • Traditional Floor Plan
  • No HOA
  • 3-minute walk to Yowell Meadow Park

About This Home

Fantastic opportunity to demolish and rebuild on a PREMIER CORNER LOT in the Town of Culpeper. The existing structure needs to be demolished and is NOT SAFE TO ENTER. However, favorable zoning on this oversized (.44 acre) corner lot offers plenty of opportunities to rebuild. Great spot for an income producing duplex or build your dream home just steps away from all that downtown Culpeper has to offer! The current home was last used as a duplex with separate entries to both a 3/1 unit and a 2/1 unit. The massive home once featured nearly 3200 sq/ft of living space - but significant damage/deterioration has made it uninhabitable. So, tear down and start fresh on this incredible lot!

Listing Agent

Shawn Peacher

Network Realty Group License #0225063299 Listed on: 06/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1953

Lot Details

  • 0.44 Acre Lot
  • Corner Lot
  • Property is zoned R2, Residential - Medium Density (Duplex Allowed)

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 3,190 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Living Room
  • Storage Room
  • Utility Room

Kitchen

  • Country Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space

Outdoor Features

  • Shed
  • Porch

Schools

  • Pearl Sample Elementary School
  • Floyd T. Binns Middle School
  • Eastern View High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Town Of Culpeper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41A2 1X1 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1953
  • Remarks Public: Fantastic opportunity to demolish and rebuild on a PREMIER CORNER LOT in the Town of Culpeper. The existing structure needs to be demolished and is NOT SAFE TO ENTER. However, favorable zoning on this oversized (.44 acre) corner lot offers plenty of opportunities to rebuild. Great spot for an income producing duplex or build your dream home just steps away from all that downtown Culpeper has to offer! The current home was last used as a duplex with separate entries to both a 3/1 unit and a 2/1 unit. The massive home once featured nearly 3200 sq/ft of living space - but significant damage/deterioration has made it uninhabitable. So, tear down and start fresh on this incredible lot!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Block, Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, In-Law/AuPair/Suite, Storage Room, Utility Room
  • Basement: No
  • Total Sq Ft: 3190
  • Living Area Sq Ft: 3190
  • Price Per Sq Ft: 94.04
  • Above Grade Finished Sq Ft: 3190
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Asbestos
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CULPEPER COUNTY PUBLIC SCHOOLS
  • Elementary School: PEARL SAMPLE
  • Middle School: FLOYD T. BINNS
  • High School: EASTERN VIEW
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140976308
  • School District Source: 3rd Party
  • Elementary School: PEARL SAMPLE
  • High School: EASTERN VIEW
  • Middle Or Junior School: FLOYD T. BINNS

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19166.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: R2
  • Zoning Description: Residential - Medium Density (Duplex Allowed)
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2002.00
  • Assessor Parcel Number: 41A2 1X1 1
  • Tax Total Finished Sq Ft: 3190
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CULPEPER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,521 $373,600 $63,000 $310,600
2023 $2,483 $373,600 $63,000 $310,600
2022 $1,574 $286,100 $62,100 $224,000
2021 $1,808 $286,100 $62,100 $224,000
2020 $1,570 $253,300 $49,500 $203,800
2019 $1,570 $253,300 $49,500 $203,800
2018 $1,612 $240,600 $49,500 $191,100
2017 $1,612 $240,600 $49,500 $191,100
2016 $1,557 $231,500 $49,500 $182,000
2015 $1,557 $213,300 $49,500 $163,800
2014 $1,634 $170,200 $50,000 $120,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $300,000 -- $94 / Sq Ft
Source: Bright MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $135,000 Credit Line Revolving
Closed $98,000 Credit Line Revolving
Source: Public Records

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Source: Bright MLS

MLS Number: VACU2010842

Bright MLS

APN: 41-A2-1-X1-1