NOT LISTED FOR SALE

515 Pitt St Unit 4 Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood

Estimated Value: $742,000 - $862,000

1 Bed
1 Bath
644 Sq Ft
5,663 Sq Ft Lot

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Bathtub with Shower
  • 5-minute walk to Fredericksburg Dog Park

About This Home

As of May 2020

Great 1 Bedroom/1 Bath apartment. Located in a well-cared for building in a residential area, but still close to all the downtown amenities. Hardwood floors. Apartment was recently painted. Bathroom has shower/tub. Kitchen has refrigerator and gas stove. Rent includes water/sewer, trash and yard care. Close to walking/biking path. No smoking or animals/pets. Tenant is responsible for gas, electric, cable/internet.

Last Agent to Rent the Property

Patsy Thompson

(540) 903-9828 patsylthompson@msn.com Rappahannock Properties, INC License #0225060347 Listed on: 04/22/2020

Last Renter's Agent

Darienne Shaffer

(540) 288-6221 dare@unruhteamrealestate.com Keller Williams Capital Properties

Keller Williams Capital Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1939

Lot Details

  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 644 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Wood Flooring
  • Partial Basement
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Residential Lease
  • Security Deposit $900
  • Tenant pays for electricity, gas, utilities - some, cable TV, heat
  • Rent includes sewer, trash removal, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 5/1/20
  • $45 Application Fee
  • Assessor Parcel Number 7779-96-3541

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Low-Rise Condominium
  • City Of Fredericksburg Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,509

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Date Available: 2020-05-01
  • Application Fee: 45.00
  • Pets Allowed: No
  • Rent Includes: Sewer, Trash Removal, Water
  • Security Deposit: 900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Utilities - Some, Cable Tv, Heat
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main
  • Year Built: 1939
  • Remarks Public: Great 1 Bedroom/1 Bath apartment. Located in a well-cared for building in a residential area, but still close to all the downtown amenities. Hardwood floors. Apartment was recently painted. Bathroom has shower/tub. Kitchen has refrigerator and gas stove. Rent includes water/sewer, trash and yard care. Close to walking/biking path. No smoking or animals/pets. Tenant is responsible for gas, electric, cable/internet.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas
  • Entry Floor: 2
  • Interior Amenities: Tub Shower, Wood Floors
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 644
  • Living Area Sq Ft: 644
  • Price Per Sq Ft: 1.40
  • Above Grade Finished Sq Ft: 644
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 012
  • Property Condition: Very Good
  • Zoning: R4

Tax Info

  • Assessor Parcel Number: 19866769
  • Assessor Parcel Number: 7779-96-3541
  • Tax Total Finished Sq Ft: 2574
  • Close Date: 05/23/2020

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2018
Sold by
Palmieri Nancy L
Bought by
Palmieri Matthew R and Palmieri Jessica E
Current Estimated Value
$789,803

Purchase Details

Closed on
Apr 9, 2018
Sold by
Palmieri Family Partnership A Virginia G
Bought by
Palmieri Nancy L

Purchase Details

Closed on
Jul 10, 1997
Sold by
Palmieri Richard P and Palmieri Nancy L
Bought by
Palmieri Family Partnership

Purchase Details

Closed on
Jun 28, 1994
Sold by
Pitt St Ptnrshp
Bought by
Palmieri Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Palmieri Matthew R -- None Available
Palmieri Nancy L -- None Available
Palmieri Family Partnership -- --
Palmieri Richard P $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmieri Richard P $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2020 05/23/20 Rented $900 0.0% --
05/19/2020 05/19/20 Under Contract -- -- --
04/22/2020 04/22/20 For Rent $900 -- --
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 $4,509 $585,600 $225,000 $360,600
2024 $3,865 $434,300 $175,000 $259,300
2023 $3,735 $434,300 $175,000 $259,300
2022 $3,605 $434,300 $175,000 $259,300
2021 $3,605 $434,300 $175,000 $259,300
2020 $3,494 $411,000 $175,000 $236,000
2019 $3,288 $411,000 $175,000 $236,000
2018 $3,288 $411,000 $175,000 $236,000
2017 $3,288 $411,000 $175,000 $236,000
2012 -- $353,800 $157,500 $196,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2020

    Patsy Thompson

    Rappahannock Properties, INC

    (540) 903-9828

    2 in this area

    22 Total Sales

    Patsy Thompson
    Section Image

  • D

    Tenant's Agent in 2020

    Darienne Shaffer

    Keller Williams Capital Properties

    Section Image
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Map

Source: Bright MLS

MLS Number: VAFB116972

Bright MLS

APN: 105-L5

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

515 Pitt St Unit 4, Fredericksburg, VA

This home is located at 515 Pitt St Unit 4, Fredericksburg, VA 22401 since 22 April 2020 and is currently priced at $789,803. This property was built in 1939. 515 Pitt St Unit 4 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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