NOT LISTED FOR SALE

59 Wellspring Dr Fredericksburg, VA 22405

Estimated Value: $485,000 - $527,485

3 Beds
3.5 Baths
2,228 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $415,000 $186 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,077/month

3 Days on Market

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Colonial Architecture
  • Family Room Off Kitchen
  • Patio

About This Home

As of June 2022

Beautiful K. Hovnanian semi-detached Carriage style condo/townhouse- feels like a single family! Located in desirable Villas at Wellspring Hills in Fredericksburg, turnkey and ready to move in. Upon entrance you are greeted by the bright and open floor plan with high ceilings and picturesque windows, allowing for an abundance of natural light. Freshly painted and brand new carpet throughout (May 2022). The spacious kitchen is a dream- featuring espresso painted cabinetry, upgraded lighting, large center island and adjacent sunlit morning room. Step out onto the spacious covered outdoor patio overlooking the large backyard with lovely treed privacy and greenery, and stunning sunrise views. Ideal for relaxing or outdoor entertaining-your own private oasis! Upper level features the huge Primary suite with walk-in closet and luxury en-suite bath boasting dual vanities with upgraded cabinets and separate soaking tub and shower. Spacious secondary bedrooms and additional full updated bath found on upper level, as well as the open loft with many uses- perfect as an office space, hangout room, library, etc. Desirable bedroom level laundry room completes the upper level. The fully finished lower level includes a huge rec room, full bath and additional finished space that can easily be converted into a 4th legal bedroom. Location is everything! Close proximity to I95 and major commuter Rtes 1, 3 & 17. Nearby to tons of shopping, dining and entertainment- just minutes to downtown Fredericksburg, Central Park, Quantico Marine Corps Base and more. Don't miss this gem!

Last Agent to Sell the Property

Rheema Ziadeh

(703) 665-6665 rheema.ziadeh@redfin.com Redfin Corporation Listed on: 05/06/2022

Redfin Corporation

Last Buyer's Agent

Akwasi Owusu

(703) 256-6247 aarostegui@nbirealtyllc.net NBI Realty, LLC

NBI Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 2018

Lot Details

  • 7,797

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Carpet
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 45Y 18 59B

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn care rear, trash
  • Wellspring Hills HOA

Amenities

  • Common Area

Recreation

  • Community Playground
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,126

Year Built

Built in 2018

Lot Details

7,797 Sq Ft Lot

HOA Fees

$152 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-06
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Carpet, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2374
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 179.49
  • Above Grade Finished Sq Ft: 2228
  • Below Grade Sq Ft: 146
  • Total Below Grade Sq Ft: 146
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 66.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 86.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Bike Trail, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Trash
  • HOA Name: WELLSPRING HILLS HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 247300.00
  • Land Assessed Value: 75000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 23375869
  • Tax Annual Amount: 3126.00
  • Assessor Parcel Number: 45Y 18 59B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: STAFFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 14, 2022
Sold by
Regina Shepard
Bought by
Appiah-Korang Lambert
Seller's Agent
Rheema Ziadeh
Redfin Corporation
Buyer's Agent
Akwasi Owusu
NBI Realty, LLC
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Current Estimated Value
$502,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,371
Avg. Annual Appreciation
5.34%
Original Mortgage
$394,250
Outstanding Balance
$375,130
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$127,241

Purchase Details

Closed on
May 29, 2018
Sold by
K Hovnanian At Wellsprings Llc
Bought by
Shepard Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,900
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Appiah-Korang Lambert $415,000 North American Title
Shepard Regina $333,950 Founders Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appiah-Korang Lambert $394,250
Previous Owner Shepard Regina $327,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $415,000 +3.8% $186 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $399,900 -- $179 / Sq Ft
Source: Bright MLS

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 $4,048 $446,400 $105,000 $341,400
2024 $4,048 $446,400 $105,000 $341,400
2023 $3,705 $392,100 $95,000 $297,100
2022 $3,333 $392,100 $95,000 $297,100
2021 $3,126 $322,300 $75,000 $247,300
2020 $3,126 $322,300 $75,000 $247,300
2019 $3,098 $306,700 $75,000 $231,700
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAST2011244

Bright MLS

APN: 45Y-18-59B

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