$242,000
SOLD AUG 12, 2016

6825 Lakeland Way Fredericksburg, VA 22407

4 Beds
3 Baths
2,390 Sq Ft
1993 Built

Recently Sold

$101 Per Sq Ft

21% Above List Price

17 Days on Market

Highlights

  • Colonial Architecture
  • Family Room Off Kitchen
  • Cooling Available
  • 1 Fireplace
  • 2 Car Attached Garage
  • Heat Pump System

About This Home

As of September 2017

Large home in great location. Home needs a lot work, but offers a tremendous amount of potential. Perfect for the rehab/rental investor or the homeowner looking to build a ton of sweat equity.

Last Agent to Sell the Property

William Paschall

Berkshire Hathaway HomeServices PenFed Realty License #0225078693 Listed on: 06/07/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jeanie Andrew-Brennan

Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1993

Lot Details

  • Property is zoned R1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room Off Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Smith Station Elementary School
  • Freedom Middle School
  • Chancellor High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Crystal Lake Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 22L2-68-

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1993

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Large home in great location. Home needs a lot work, but offers a tremendous amount of potential. Perfect for the rehab/rental investor or the homeowner looking to build a ton of sweat equity.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 6825

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • 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
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • 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: 150.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS
  • Elementary School: SMITH STATION
  • Middle School: FREEDOM
  • High School: CHANCELLOR
  • School District Key: 121139429416
  • Elementary School: SMITH STATION
  • High School: CHANCELLOR
  • Middle Or Junior School: FREEDOM

Lot Info

  • Improvement Assessed Value: 162400.00
  • Land Assessed Value: 70000.00
  • Lot Size Units: Square Feet
  • Property Attached Yn: No
  • Year Assessed: 2014
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16831143
  • Tax Annual Amount: 1998.64
  • Assessor Parcel Number: 22L2-68-
  • Tax Lot: 68
  • Tax Total Finished Sq Ft: 2576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 08/12/2016

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2017
Closed on
Aug 21, 2017
Sold by
Simpson Joshua
Bought by
Holden Carl W and Holden Pamela
Seller's Agent
Josh Simpson
KW United
Buyer's Agent
Shelly Goss
Plank Realty
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$569,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,106
Avg. Annual Appreciation
5.42%
Original Mortgage
$362,632
Outstanding Balance
$306,575
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$232,817

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 8, 2016
Sold by
Household Realty Corporation
Bought by
Simpson Joshua
Seller's Agent
William Paschall
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jeanie Andrew-Brennan
Samson Properties
List Price
$199,900
Sold Price
$242,000
Premium/Discount to List
$42,100
21.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.59%
Original Mortgage
$229,900
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
Surety Trustees Llc A Virginia Limited L
Bought by
Household Realty Corporation

Purchase Details

Closed on
Aug 25, 2000
Sold by
Brown Kenneth W
Bought by
Schwickert Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,950
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $355,000 Guaranty Title Agency Inc
Special Warranty Deed $242,000 Universal Title
Trustee Deed $250,750 None Available
Deed $184,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $362,632 VA
Previous Owner $229,900 New Conventional
Previous Owner $187,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold $355,000 +2.9% $112 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
07/07/2017 07/07/17 Price Changed $344,900 -1.4% $109 / Sq Ft
06/29/2017 06/29/17 Price Changed $349,900 -1.4% $110 / Sq Ft
05/21/2017 05/21/17 Price Changed $355,000 -2.7% $112 / Sq Ft
03/26/2017 03/26/17 For Sale $365,000 +50.8% $115 / Sq Ft
08/12/2016 08/12/16 Sold $242,000 +21.1% $101 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $199,900 -- $84 / 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 $3,270 $445,300 $125,000 $320,300
2024 $3,270 $445,300 $125,000 $320,300
2023 $2,830 $366,700 $100,000 $266,700
2022 $2,705 $366,700 $100,000 $266,700
2021 $2,843 $351,200 $90,000 $261,200
2020 $2,843 $351,200 $90,000 $261,200
2019 $2,924 $345,000 $90,000 $255,000
2018 $2,874 $345,000 $90,000 $255,000
2017 $2,062 $242,600 $70,000 $172,600
2016 $2,011 $236,600 $70,000 $166,600
2015 $1,689 $232,400 $70,000 $162,400
2014 $1,689 $232,400 $70,000 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000827605

Bright MLS

APN: 22L-2-68