NOT LISTED FOR SALE

48 Locust Hill Ln Fredericksburg, VA 22405

Highland Home Neighborhood

Estimated Value: $406,000 - $427,000

4 Beds
3 Baths
1,400 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $279,000 $199 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,492/month

11 Days on Market

Highlights

  • 1.19 Acre Lot
  • No HOA
  • Heat Pump System

About This Home

As of October 2020

3 Bedrooms upstairs with room for another downstairs. 3 full baths. Home sits on over an acre on a beautiful pond. Needs work.

Last Agent to Sell the Property

Melissa Rose

Nest Realty Fredericksburg License #0225078227 Listed on: 08/21/2020

Nest Realty Fredericksburg

Last Buyer's Agent

Ligia Gonzalez

Spring Hill Real Estate, LLC. License #642823

Spring Hill Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1973

Lot Details

  • 1.19 Acre Lot
  • Property is zoned A2

Parking

  • Driveway

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Grafton Village Elementary School
  • Dixon-Smith Middle School
  • Stafford High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 55- - - -163G

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,713

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-08-21
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: 3 Bedrooms upstairs with room for another downstairs. 3 full baths. Home sits on over an acre on a beautiful pond. Needs work.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Level, Full, Fully Finished
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 196.43
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: STAFFORD COUNTY PUBLIC SCHOOLS
  • Elementary School: GRAFTON VILLAGE
  • Middle School: DIXON-SMITH
  • High School: STAFFORD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139497596
  • School District Source: 3rd Party
  • Elementary School: GRAFTON VILLAGE
  • High School: STAFFORD
  • Middle Or Junior School: DIXON-SMITH

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 106700.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 1.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51619.00
  • Year Assessed: 2020
  • Zoning: A2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16911788
  • Tax Annual Amount: 1713.00
  • Assessor Parcel Number: 55- - - -163G
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: STAFFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 16, 2020
Sold by
Hope Patricia D and Hope Graham Morgan
Bought by
Cruz Duglas and Vasquez Vilma
Seller's Agent
Melissa Rose
Nest Realty Fredericksburg
Buyer's Agent
Ligia Gonzalez
Spring Hill Real Estate, LLC.
List Price
$275,000
Sold Price
$279,000
Premium/Discount to List
$4,000
1.45%
Current Estimated Value
$413,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,028
Avg. Annual Appreciation
8.52%
Original Mortgage
$265,050
Outstanding Balance
$238,396
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$175,700

Purchase Details

Closed on
Oct 29, 2018
Sold by
Hope Patricia D
Bought by
Morgan Hope Patricia D and Morgan Hope Graham
Source: Public Records

Range of Values:

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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
Cruz Duglas $279,000 Attorney
Morgan Hope Patricia D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Duglas $265,050
Previous Owner Hope George M $100,000
Previous Owner Hope George M $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $279,000 +1.5% $199 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $275,000 -- $196 / 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
2024 $2,892 $319,000 $100,000 $219,000
2023 $2,857 $302,300 $95,000 $207,300
2022 $2,570 $302,300 $95,000 $207,300
2021 $1,714 $176,700 $70,000 $106,700
2020 $1,714 $176,700 $70,000 $106,700
2019 $1,652 $163,600 $70,000 $93,600
2018 $1,620 $163,600 $70,000 $93,600
2017 $1,578 $159,400 $70,000 $89,400
2016 $1,578 $159,400 $70,000 $89,400
2015 -- $152,300 $70,000 $82,300
2014 -- $152,300 $70,000 $82,300
Source: Public Records

Agents Affiliated with this Home

  • Melissa Rose

    Seller's Agent in 2020

    Melissa Rose

    Nest Realty Fredericksburg

    (540) 273-6788

    2 in this area

    31 Total Sales

    Section Image

  • L

    Buyer's Agent in 2020

    Ligia Gonzalez

    Spring Hill Real Estate, LLC.

    (703) 629-8059

    2 in this area

    142 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: VAST224852

Bright MLS

APN: 55-163G

Virginia Stafford County Fredericksburg 22405 Highland Home

48 Locust Hill Ln, Fredericksburg, VA

This home is located at 48 Locust Hill Ln, Fredericksburg, VA 22405 since 21 August 2020 and is currently estimated at $414,096, approximately $295 per square foot. This property was built in 1973. 48 Locust Hill Ln is a home located in Stafford County with nearby schools including Grafton Village Elementary School, Donald B. Dixon-Lyle R. Smith Middle School, and Stafford Senior High School.

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