NOT LISTED FOR SALE

505 Caroline St Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood

Estimated Value: $448,000 - $701,000

3 Beds
3.5 Baths
2,064 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $374,000 $181 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,296/month

40 Days on Market

Highlights

  • Open Floorplan
  • 1-minute walk to Fredericksburg
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • Eat-In Country Kitchen

About This Home

As of June 2017

Meticulously renovated and extremely unique property for use as single family residential, work/live, investment w/positive cash flow or a mixture of all 3 uses! Currently rented with two efficiencies on 2 upper floors. 2 room office/retail & 1/2 bath on main level with full kitchen as well. Nice master bedroom/full bath on 2nd floor. Huge, level back yard.

Last Agent to Sell the Property

Suzy Stone

Lando Massey Real Estate License #0225054407 Listed on: 03/16/2017

Last Buyer's Agent

Ernest Hoch

American All Star Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1839

Lot Details

  • 2,288 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • HardiePlank Type

Interior Spaces

  • 2,064 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Fireplace Mantel
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Country Kitchen
  • Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Hugh Mercer Elementary School
  • Walker Grant Middle School
  • James Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Tax Lot 258
  • Assessor Parcel Number 457

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,642

Year Built

Built in 1839

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1839
  • Remarks Public: Meticulously renovated and extremely unique property for use as single family residential, work/live, investment w/positive cash flow or a mixture of all 3 uses! Currently rented with two efficiencies on 2 upper floors. 2 room office/retail & 1/2 bath on main level with full kitchen as well. Nice master bedroom/full bath on 2nd floor. Huge, level back yard.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Icemaker, Extra Refrigerator/Freezer, Microwave, Stove, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Kitchen - Table Space, Dining Area, Wood Floors, Window Treatments, Primary Bath(s), Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Price Per Sq Ft: 192.64
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • Elementary School: HUGH MERCER
  • Middle School: WALKER GRANT
  • High School: JAMES MONROE
  • School District Key: 121137587137
  • Elementary School: HUGH MERCER
  • High School: JAMES MONROE
  • Middle Or Junior School: WALKER GRANT

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 160100.00
  • Land Assessed Value: 183000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2288
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2288.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Year Assessed: 2013
  • Zoning: CD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2641.87
  • Assessor Parcel Number: 457
  • Tax Lot: 258
  • Tax Total Finished Sq Ft: 1376
  • Tax Year: 2016
  • Close Date: 06/12/2017

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 12, 2017
Sold by
Koenig Martin P and Koenig Claudia C
Bought by
Jarrell Julianne E
Seller's Agent
Suzy Stone
Lando Massey Real Estate
Buyer's Agent
Ernest Hoch
American All Star Realty, LLC
List Price
$397,600
Sold Price
$374,000
Premium/Discount to List
-$23,600
-5.94%
Current Estimated Value
$557,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,324
Avg. Annual Appreciation
4.95%
Original Mortgage
$308,000
Interest Rate
4.03%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2013
Sold by
A P L Llc
Bought by
Koenig Martin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,840
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2010
Sold by
Sheffield Spec Commissioner Walter Jervis and George Matthew L
Bought by
Apl Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jarrell Julianne E $374,000 Sta Title & Escrow
Koenig Martin P $357,300 --
Apl Llc $238,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leigan Llc $294,404
Previous Owner Jarrell Julianne E $308,000
Previous Owner Koenig Martin P $35,000
Previous Owner Koenig Martin P $285,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $374,000 -5.9% $181 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $397,600 -- $193 / 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 $3,399 $441,400 $183,000 $258,400
2024 $3,407 $382,800 $183,000 $199,800
2023 $3,292 $382,800 $183,000 $199,800
2022 $3,177 $382,800 $183,000 $199,800
2021 $3,177 $382,800 $183,000 $199,800
2020 $2,916 $343,100 $183,000 $160,100
2019 $2,745 $343,100 $183,000 $160,100
2018 $2,745 $343,100 $183,000 $160,100
2017 $2,745 $343,100 $183,000 $160,100
2012 -- $317,300 $205,900 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Suzy Stone

    Seller's Agent in 2017

    Suzy Stone

    Lando Massey Real Estate

    (540) 847-0630

    40 in this area

    113 Total Sales

    Suzy Stone
    Section Image
  • Ernest Hoch

    Buyer's Agent in 2017

    Ernest Hoch

    American All Star Realty, LLC

    (540) 537-0404

    1 in this area

    1 Total Sale

    Ernest Hoch
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000398081

Bright MLS

APN: 7789-23-4615

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

505 Caroline St, Fredericksburg, VA

This home is located at 505 Caroline St, Fredericksburg, VA 22401 since 16 March 2017 and is currently estimated at $557,324, approximately $270 per square foot. This property was built in 1839. 505 Caroline St is a home located in Fredericksburg City with nearby schools including Lafayette Upper Elementary School, Hugh Mercer Elementary School, and Walker-Grant Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes