NOT LISTED FOR SALE

Estimated Value: $94,000 - $106,000

0.19 Acre
$535,089 Price per Acre
8,276 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $100,000

Est. 1% increase in value since last sale

Current estimated payment $613/month

6 Days on Market

Highlights

  • Stream or River on Lot
  • No HOA
  • Historic Home
  • Wooded Lot

About This Lot

As of June 2024

This listing includes 2 side-by-side lots at 503 and 505 Powell Street. The total acreage for both lots is .47. The price reflects the sale of both lots. The lots are nicely wooded and a beautiful creek is running right from the river at the back of the lots!

Beautiful street with nicely maintained homes. Lots are at cul-de-sac on left.

These lots offer a premium location of less than 5 minutes to downtown Fredericksburg and the VRE! Bring your house plans and build your dream home!

Last Agent to Sell the Property

Cheryl Painter

Lake Homes Realty, LLC Listed on: 05/21/2024

Lake Homes Realty, LLC

Last Buyer's Agent

Oana Mills

Coldwell Banker Elite License #0225217665

Coldwell Banker Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $560

Lot Details

  • 8,276 Sq Ft Lot
  • Wooded Lot
  • 2 Lots in the community
  • 37B4A36- 505 POWELL STREET, FREDERICKSBURG, VA 22408
  • Historic Home
  • Property is zoned R2

Additional Features

  • Flood Risk
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 37B4A35-

Community Details

Overview

  • No Home Owners Association
  • Greenfield Village Subdivision

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$560

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: Yes
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: Yes
  • Remarks Public: This listing includes 2 side-by-side lots at 503 and 505 Powell Street. The total acreage for both lots is .47. The price reflects the sale of both lots. The lots are nicely wooded and a beautiful creek is running right from the river at the back of the lots! Beautiful street with nicely maintained homes. Lots are at cul-de-sac on left. These lots offer a premium location of less than 5 minutes to downtown Fredericksburg and the VRE! Bring your house plans and build your dream home!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 18.12
  • Street Number Modifier: 503

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS
  • School District Key: 121139429416
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 37B4A36- 505 POWELL STREET, FREDERICKSBURG, VA 22408
  • Land Use Code: Residential
  • Lot Count: 2
  • Lot Features: Stream/Creek, Trees/Wooded
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.40
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: R2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 560.00
  • Assessor Parcel Number: 37B4A35-
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/14/2024

Multi Family

  • Federal Flood Zone: 51177C0125D

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 14, 2024
Sold by
Meeks Jane H and Meeks Henry D
Bought by
Fab Homes Llc
Seller's Agent
Cheryl Painter
Lake Homes Realty, LLC
Buyer's Agent
Oana Mills
Coldwell Banker Elite
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%
Views
2
Current Estimated Value
$101,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333
Avg. Annual Appreciation
0.57%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fab Homes Llc $100,000 Ekko Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $100,000 -33.3% --
05/21/2024 05/21/24 For Sale $150,000 -- --
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 $734 $100,000 $100,000 $0
2024 $734 $100,000 $100,000 $0
2023 $586 $76,000 $76,000 $0
2022 $561 $76,000 $76,000 $0
2021 $500 $61,800 $61,800 $0
2020 $500 $61,800 $61,800 $0
2019 $322 $38,000 $38,000 $0
2018 $0 $38,000 $38,000 $0
2017 $283 $33,300 $33,300 $0
2016 $283 $33,300 $33,300 $0
2015 -- $33,300 $33,300 $0
2014 -- $33,300 $33,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VASP2025216

Bright MLS

APN: 37B-4-A-35