NOT LISTED FOR SALE

402 Fair Oaks Ave Stafford, VA 22554

Estimated Value: $370,000 - $420,000

3 Beds
4 Baths
2,056 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $356,100 $173 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,470/month

4 Days on Market

Highlights

  • Traditional Floor Plan
  • 1 Car Attached Garage
  • Bay Window
  • Traditional Architecture
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of May 2024

The home needs a facelift, but the bones are good! Perfect for Investors and first-time buyers. A three-level town home with a garage. The entry level has a foyer, a recreation room, laundry room, a half bath and easy access to the garage. The main level has a large family room, dining area, eat in kitchen and a powder room The third level has a primary bedroom with an ensuite, walk in closet and two other bedrooms, and a bathroom. 9 ft ceilings throughout the home. This "as is" home has potential for building equity quickly. Association fees include trash pickup, snow removal and common area maintenance. I 95, VRE, Stafford Hospital, Shopping, Restaurants, Schools and County Government buildings are minutes away.

Last Agent to Sell the Property

Dennis Parsons

(540) 842-1409 dennis@exitrealtygroupva.com Coldwell Banker Elite License #0225210786 Listed on: 03/21/2024

Coldwell Banker Elite

Last Buyer's Agent

Sandra Hoover

(540) 273-4902 sandrahooverrealtor@gmail.com Coldwell Banker Elite License #0225220991

Coldwell Banker Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1994

Lot Details

  • 1,799 Sq Ft Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Bay Window
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Electric Dryer

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 157
  • Assessor Parcel Number 30P 2 157

Community Details

Overview

  • Association fees include snow removal, underlying mortgage, common area maintenance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,634

Year Built

Built in 1994

Lot Details

0

HOA Fees

$98 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Range Hood
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Island, Stall Shower, Walk-In Closet(s)
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2056
  • Living Area Sq Ft: 2056
  • Price Per Sq Ft: 193.99
  • Above Grade Finished Sq Ft: 1696
  • Below Grade Finished Sq Ft: 360
  • Total Below Grade Sq Ft: 360
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Shingle, Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 98.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Underlying Mortgage, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1799.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2634.00
  • Assessor Parcel Number: 30P 2 157
  • Tax Lot: 157
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: STAFFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 10, 2024
Sold by
Wancheck John J and Hofford Roger Allan
Bought by
Victory Homes Llc
Seller's Agent
Dennis Parsons
Coldwell Banker Elite
Buyer's Agent
Sandra Hoover
Coldwell Banker Elite
List Price
$329,000
Sold Price
$356,100
Premium/Discount to List
$27,100
8.24%
Views
95
Current Estimated Value
$403,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,413
Avg. Annual Appreciation
8.34%
Original Mortgage
$249,000
Outstanding Balance
$245,448
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$158,065
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Victory Homes Llc $356,100 Doma Title Insurance Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victory Homes Llc $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $356,100 +8.2% $173 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $329,000 -- $160 / 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 $2,977 $328,300 $115,000 $213,300
2024 $2,977 $328,300 $115,000 $213,300
2023 $2,929 $309,900 $95,000 $214,900
2022 $2,634 $309,900 $95,000 $214,900
2021 $2,374 $244,700 $70,000 $174,700
2020 $2,374 $244,700 $70,000 $174,700
2019 $2,334 $231,100 $70,000 $161,100
2018 $2,288 $231,100 $70,000 $161,100
2017 $2,128 $214,900 $60,000 $154,900
2016 $2,128 $214,900 $60,000 $154,900
2015 -- $202,100 $60,000 $142,100
2014 -- $202,100 $60,000 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAST2028010

Bright MLS

APN: 30P-2-157