NOT LISTED FOR SALE

525 Willis St Fredericksburg, VA 22401

Downtown Fredericksburg Neighborhood

Estimated Value: $403,000 - $566,000

3 Beds
2 Baths
1,577 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $250,000 $159 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,787/month

Highlights

  • Colonial Architecture
  • Porch
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • 3-minute walk to Fredericksburg and Spotsylvania National Military Park

About This Home

As of December 2017

Investor special. Rehab required. Sold "as is." Not suitable for government mortgage. Lot believed to include driveway to right--See Fredericksburg GIS. On quiet street just below the Sunken Road National Park and Fredericksburg National Cemetery.

Last Agent to Sell the Property

Catherine Bray

(540) 371-1380 cathy@twobrays.com 1st Choice Better Homes & Land, LC Listed on: 10/03/2017

Co-Listed By

Sonny Bray

Sonny@TwoBrays.com 1st Choice Better Homes & Land, LC

Last Buyer's Agent

Kenneth White

(865) 599-2074 kwc21adv@aol.com Century 21 Redwood Realty License #0225038798

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1949

Lot Details

  • 5,373 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R8

Home Design

  • Colonial Architecture
  • Asbestos

Interior Spaces

  • 1,577 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement
  • Rear Basement Entry
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 1892

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,013

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2017-10-03
  • Year Built: 1949
  • Remarks Public: Investor special. Rehab required. Sold "as is." Not suitable for government mortgage. Lot believed to include driveway to right--See Fredericksburg GIS. On quiet street just below the Sunken Road National Park and Fredericksburg National Cemetery.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Rear Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 1577
  • Living Area Sq Ft: 1577
  • Price Per Sq Ft: 179.45
  • Above Grade Finished Sq Ft: 1577
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • 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: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Improvement Assessed Value: 111400.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5373
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5373.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Year Assessed: 2013
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2012.78
  • Assessor Parcel Number: 1892
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 1577
  • Tax Year: 2016
  • Close Date: 12/18/2017

MLS Schools

  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 15, 2017
Sold by
Nash Barbara S
Bought by
Tighe Ventures Llc A Virginia Limited Li
Seller's Agent
Catherine Bray
1st Choice Better Homes & Land, LC
Buyer's Agent
Kenneth White
Century 21 Redwood Realty
List Price
$283,000
Sold Price
$250,000
Premium/Discount to List
-$33,000
-11.66%
Current Estimated Value
$480,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,591
Avg. Annual Appreciation
8.37%
Original Mortgage
$128,500
Outstanding Balance
$108,691
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$357,838

Purchase Details

Closed on
May 24, 1996
Sold by
Gv Coble
Bought by
Nash George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
8.01%
Mortgage Type
Commercial
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
Tighe Ventures Llc A Virginia Limited Li $250,000 Attorney
Nash George M $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tighe Ventures Llc A Virginia Limited Li $128,500
Previous Owner Nash George M $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $250,000 -11.7% $159 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $283,000 -- $179 / 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 $2,727 $354,100 $200,000 $154,100
2024 $2,485 $279,200 $150,000 $129,200
2023 $2,401 $279,200 $150,000 $129,200
2022 $2,317 $279,200 $150,000 $129,200
2021 $2,317 $279,200 $150,000 $129,200
2020 $2,222 $261,400 $150,000 $111,400
2019 $2,091 $261,400 $150,000 $111,400
2018 $2,091 $261,400 $150,000 $111,400
2017 $2,091 $261,400 $150,000 $111,400
2012 -- $218,200 $130,500 $87,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Catherine Bray

    1st Choice Better Homes & Land, LC

    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Sonny Bray

    1st Choice Better Homes & Land, LC

    Section Image

  • K

    Buyer's Agent in 2017

    Kenneth White

    Century 21 Redwood Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000985187

Bright MLS

APN: 7779-92-3267

Virginia Fredericksburg County Fredericksburg 22401 Downtown Fredericksburg

525 Willis St, Fredericksburg, VA

This home is located at 525 Willis St, Fredericksburg, VA 22401 since 03 October 2017 and is currently estimated at $480,591, approximately $304 per square foot. This property was built in 1949. 525 Willis 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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