NOT LISTED FOR SALE

Estimated Value: $1,543,895

7 Beds
3.5 Baths
4,335 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,500,000 $346 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,937/month

441 Days on Market

Highlights

  • Second Kitchen
  • City View
  • Deck
  • Gourmet Kitchen
  • Carriage House
  • 2-minute walk to Hurkamp Park

About This Home

As of September 2024

Unique Beautifully Renovated Mixed-Use Historic Building in Downtown Fredericksburg . 3 income producing units totaling 4435 sq ft.
OWNER Financing available ! With 30% down, owner financing @ 5% for 5 years with a balloon.
One of a kind, beautiful turnkey mixed use Historic Building in Downtown Fredericksburg. Stunning brick exterior featuring Spanish Cedar shutters. Located on Restaurant Row and close to all local shops. One commercial space and two separate living spaces, including an independent cottage totaling 4,435 sq. ft. Like new building renovated by an award winning, local Contractor. Off street compact parking with six spots (2 for each unit). All paving, both parking and courtyard are permeable. Introducing the ultimate mixed-use property located in the heart of downtown - a place where city living and income potential are perfectly intertwined! This property offers endless possibilities for both residential and commercial use. Featuring a modern storefront on the ground floor, entrepreneurs have the opportunity to set up shop and tap into the bustling downtown market. Meanwhile, residents can look forward to luxurious living spaces upstairs with breathtaking views of the city. If you're searching for a mixed-use property with great income potential and luxury living, then this is your perfect investment opportunity! This stunning mixed-use property combines convenience, versatility, and modern design to create an exceptional lifestyle for you.
415 William Street (Commercial Use)
Beautiful, 1332 sq. ft open floor plan commercial space with oversized retail windows, 10 ft ceilings, and new rear addition. Accents of exposed brick, new hardwood flooring, new Geothermal HVAC, new electrical and plumbing, and separately metered electric service. One handicap accessible bathroom. Access to the basement with the hinged floor door. Plenty of storage with an interior closet in addition to two exterior closets protected by an enclosed gate. Shared use of the back patio. Off street compact parking with two spots.
415-A William Street
Two stories, 2,306 sq. ft space with endless possibilities. Entering the foyer, the gorgeous hardwood steps guide you to the spacious 2nd floor with 10 ft. ceilings and hardwood flooring throughout. The half bathroom features a pedestal. Moving in the first room you will find a gorgeous brick fireplace (rebuilt) and oversized windows. Flowing into the second room, with a matching brick fireplace (rebuilt) you will find a useful closet. An additional third room is perfect for a private workspace. Completing the 2nd floor is the large eat-in kitchen and family room(new rear addition)featuring white cabinetry, stainless steel appliances (2020), gas range, walk in pantry, and a large additional closet that could be converted for an elevator to the rear patio. Large skylights allow natural light to gleam throughout the family room. Enjoy access to the back deck (2022), along with access to the shared patio. Moving to the third-floor landing, you will be greeted by the full bathroom with tile flooring, tile shower and washer/dryer. Built-in closet storage throughout the hall. Transom windows in each doorway allow natural sunlight to flow. 3 rooms and an additional bathroom complete the third floor. New plumbing, electrical, insulation, baths throughout. Separately metered electric service and Propane gas service. Geothermal HVAC. Off-street compact parking with two spots.

415-B
New, gorgeous cottage with 797 sq. ft. built with ICF’s, producing a very energy efficient and quiet building. The open floor plan includes a full kitchen with white cabinetry, white appliances and pantry. 1 full bathroom with walk-in shower, oversized vanity and stacked washer and dryer. 2nd floor loft with closet featuring commercial grade carpet flooring. HVAC by wall mounted “split” systems. Separately metered electric service. Shared use of private patio. Off-street compact parking with two spots.

Last Agent to Sell the Property

Charlotte Rouse

(540) 735-2600 kbreen@coldwellbanker.com Coldwell Banker Elite License #0225193277 Listed on: 06/16/2023

Coldwell Banker Elite

Last Buyer's Agent

Charlotte Rouse

(540) 735-2600 kbreen@coldwellbanker.com Coldwell Banker Elite License #0225193277 Listed on: 06/16/2023

Coldwell Banker Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,291

Year Built

  • Built in 1826 | Remodeled in 2013

Lot Details

  • Downtown Location
  • Picket Fence
  • Masonry wall
  • Extensive Hardscape
  • Historic Home
  • Property is in excellent condition

Home Design

  • Carriage House
  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Slate Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 4,335 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • 3 Fireplaces
  • Fireplace Mantel
  • Brick Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Solid Hardwood Flooring
  • City Views
  • Basement
  • Dirt Floor

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Exterior Lighting
  • Office or Studio
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Historic Downtown Fredericksburg Subdivision

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 7789-05-6046

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,291

Year Built

Built in 1826 | Remodeled in 2013

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1826
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Solid Hardwood
  • Interior Amenities: 2nd Kitchen, Built-Ins, Breakfast Area, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Upgraded Countertops, Wood Floors
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Commercial/Retail Space
  • Basement: Yes
  • Basement Type: Dirt Floor
  • Basement Footprint Percent: 5.00
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4335
  • Living Area Sq Ft: 4335
  • Price Per Sq Ft: 437.14
  • Above Grade Finished Sq Ft: 4335
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House, Office/Studio
  • Construction Materials: Stucco, Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Secure Storage, Street Lights
  • Road Surface Type: Black Top
  • Roof: Slate, Rubber
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Phone Connected
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Picket, Masonry/Stone
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3.00
  • Outdoor Living Structures: Deck(s), Patio(s), Brick
  • Property Condition: Excellent
  • Zoning: CD
  • Zoning Description: Commercial down town, mixed use
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 7291.00
  • Assessor Parcel Number: 7789-05-6046
  • Tax Lot: 130
  • 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
Jun 16, 2023
Closed on
Sep 27, 2024
Sold by
415 Llc and 415 William Llc
Bought by
William Fxbg Llc
Seller's Agent
Charlotte Rouse
Coldwell Banker Elite
Buyer's Agent
Charlotte Rouse
Coldwell Banker Elite
List Price
$1,895,000
Sold Price
$1,500,000
Premium/Discount to List
-$395,000
-20.84%
Views
545
Current Estimated Value
$1,543,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,895
Avg. Annual Appreciation
2.78%
Original Mortgage
$1,200,000
Outstanding Balance
$898,440
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Estimated Equity
$663,176

Purchase Details

Closed on
Apr 21, 2010
Sold by
Limbrick Gary R
Bought by
Wafle Benjamin N

Purchase Details

Closed on
Jun 4, 1996
Sold by
Rb Holt
Bought by
Limbrick Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
William Fxbg Llc $1,500,000 Fidelity National Title
Wafle Benjamin N $603,000 --
Limbrick Gary R $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Fxbg Llc $1,200,000
Previous Owner Limbrick Gary R $250,000
Closed Limbrick Gary R $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $1,500,000 -20.8% $346 / Sq Ft
06/16/2023 06/16/23 For Sale $1,895,000 0.0% $437 / Sq Ft
03/01/2016 03/01/16 Rented $2,100 0.0% --
02/29/2016 02/29/16 Under Contract -- -- --
12/21/2015 12/21/15 For Rent $2,100 +55.6% --
01/31/2014 01/31/14 Rented $1,350 -3.6% --
01/27/2014 01/27/14 Under Contract -- -- --
12/17/2013 12/17/13 For Rent $1,400 -- --
Source: Bright MLS

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
2026 $9,796 $1,209,400 $440,300 $769,100
2025 $9,312 $1,209,400 $440,300 $769,100
2024 $7,818 $878,400 $308,200 $570,200
2023 $7,554 $878,400 $308,200 $570,200
2022 $7,291 $878,400 $308,200 $570,200
2021 $7,291 $878,400 $308,200 $570,200
2020 $6,964 $819,300 $264,200 $555,100
2019 $6,343 $819,300 $264,200 $555,100
2018 $6,131 $819,300 $264,200 $555,100
2017 $6,131 $819,300 $264,200 $555,100
2012 -- $772,000 $198,100 $573,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFB2004182

Bright MLS

APN: 81-415

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