NOT LISTED FOR SALE

511 Spottswood St Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood
-- Bed
-- Bath
2,256 Sq Ft
7,623 Sq Ft Lot

Last Sold February 21, 2020

Last sale price $517,500 $229 Per Sq Ft

13 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Space Heater
  • Wood Flooring
  • Electric Baseboard Heater
  • Property is in very good condition

About This Home

As of February 2020

Remarkable Investment opportunity right in downtown fredericksburg. Immediate income producing property containing 4 apartment units in main house, with an additional 5th apartment above detached garage building behind. 4 out of 5 currently occupied. Meticulously maintained. New paint in all units. Each apartment contains a full kitchen and bath.Property sits on a large corner lot that is a 0.4 mile walk to the VRE station and equal or less distance to shops/restaurants. Additional detached garage shop zoned commercial provides further income potential for business.

Last Agent to Sell the Property

Kimberly Jewell

Reform Realty License #0225213232 Listed on: 12/14/2019

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1880

Lot Details

  • 7,623 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Wall Furnace
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 7789-02-5532

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,246

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Remarks Public: Remarkable Investment opportunity right in downtown fredericksburg. Immediate income producing property containing 4 apartment units in main house, with an additional 5th apartment above detached garage building behind. 4 out of 5 currently occupied. Meticulously maintained. New paint in all units. Each apartment contains a full kitchen and bath.Property sits on a large corner lot that is a 0.4 mile walk to the VRE station and equal or less distance to shops/restaurants. Additional detached garage shop zoned commercial provides further income potential for business.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl, Wood
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 228.24
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 511

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Spa: 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, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Wall Unit, Space Heater
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • School District Key: 121137587137
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 250800.00
  • Land Assessed Value: 155000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7623.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: CH
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19867998
  • Tax Annual Amount: 3246.00
  • Assessor Parcel Number: 7789-02-5532
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 2256
  • Tax Year: 2018
  • Close Date: 02/21/2020

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $517,500 +0.5% $229 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/21/2019 12/21/19 For Sale $514,900 0.0% $228 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
12/14/2019 12/14/19 For Sale $514,900 -- $228 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kimberly Jewell

    Seller's Agent in 2020

    Kimberly Jewell

    Reform Realty

    (540) 287-3841

    1 in this area

    50 Total Sales

    Kimberly Jewell
    Section Image
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Map

Source: Bright MLS

MLS Number: VAFB116258

Bright MLS

APN: 7789-02-5532

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

511 Spottswood St, Fredericksburg, VA

This home is located at 511 Spottswood St, Fredericksburg, VA 22401 since 14 December 2019. This property was built in 1880. 511 Spottswood 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.

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