701 Hanover St Fredericksburg, VA 22401
Downtown Fredericksburg NeighborhoodEstimated payment $7,004/month
Highlights
- Gourmet Kitchen
- Traditional Floor Plan
- 3 Fireplaces
- Colonial Architecture
- Wood Flooring
- 3-minute walk to Maury Park
About This Home
Beautifully renovated and updated Colonial in down town Fredericksburg. Construction in 1930 of the Brick portion of the home and an addition in 1994. Both have been updated and renovated to current market standards without sacrificing its original elegance and appeal. Renovations done in 2017-2019 have been complimented by an extensive $400k plus renovation in the last 6 years. Main Level Highlights include: an open gourmet kitchen, formal dining area, library with fireplace, living room with fireplace, half bath, closeted bar, and screen porch that all flow beautifully. The Primary bedroom & bath on the second floor have been fully renovated. The porch addition includes: Ipe flooring, Western red Cedar rails, standing seam metal roof and a 3 panel sliding door leading to the kitchen and breakfast eating space. This home is inviting in every way. The Primary Bedroom is expansive with Primary bath and huge walk-in closet with custom built in organizers.
Wonderfully located this home is walking distance to the restaurants, shops, farmers market (every Sat.in summer) 2 blocks away. Walking to the Train to travel North or South is approximately 7 minutes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,727
Year Built
- Built in 1930 | Remodeled in 2021
Lot Details
- 7,455 Sq Ft Lot
- Wood Fence
- Landscaped
- Extensive Hardscape
- Planted Vegetation
- Back Yard Fenced and Side Yard
- Historic Home
- Property is in excellent condition
- Property is zoned R4
Parking
- 1 Car Detached Garage
- Rear-Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Plaster Walls
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3.5 Levels
- Traditional Floor Plan
- Wet Bar
- Built-In Features
- Bar
- Crown Molding
- Ceiling height of 9 feet or more
- 3 Fireplaces
- Fireplace Mantel
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Wood Frame Window
- Casement Windows
- Sliding Doors
- Atrium Doors
- Living Room
- Breakfast Room
- Formal Dining Room
- Den
- Sun or Florida Room
- Screened Porch
- Storage Room
- Unfinished Basement
- Partial Basement
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Flood Lights
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
Outdoor Features
- Screened Patio
- Exterior Lighting
Schools
- Hugh Mercer Elementary School
- Walker-Grant Middle School
- James Monroe High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Programmable Thermostat
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
- Fredericksburg City Subdivision
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 7779-93-7690
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,410 | $962,300 | $230,000 | $732,300 |
| 2024 | $6,141 | $690,000 | $190,000 | $500,000 |
| 2023 | $5,934 | $690,000 | $190,000 | $500,000 |
| 2022 | $5,114 | $616,100 | $190,000 | $426,100 |
| 2021 | $5,114 | $616,100 | $190,000 | $426,100 |
| 2020 | $5,183 | $609,800 | $190,000 | $419,800 |
| 2019 | $4,878 | $609,800 | $190,000 | $419,800 |
| 2018 | $4,878 | $609,800 | $190,000 | $419,800 |
| 2017 | $4,878 | $609,800 | $190,000 | $419,800 |
| 2012 | -- | $445,600 | $190,000 | $255,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | For Sale | $1,225,000 | 0.0% | $383 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $1,225,000 | +16.7% | $383 / Sq Ft |
| 08/03/2023 08/03/23 | Sold | $1,050,000 | -4.5% | $328 / Sq Ft |
| 07/13/2023 07/13/23 | Pending | -- | -- | -- |
| 06/26/2023 06/26/23 | Price Changed | $1,100,000 | -8.3% | $344 / Sq Ft |
| 05/12/2023 05/12/23 | Price Changed | $1,200,000 | -7.3% | $375 / Sq Ft |
| 04/22/2023 04/22/23 | For Sale | $1,295,000 | +67.6% | $405 / Sq Ft |
| 10/13/2020 10/13/20 | Sold | $772,500 | -2.8% | $255 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 09/26/2020 09/26/20 | For Sale | $795,000 | +52.0% | $263 / Sq Ft |
| 10/27/2017 10/27/17 | Sold | $523,000 | -4.0% | $181 / Sq Ft |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- |
| 09/06/2017 09/06/17 | Price Changed | $545,000 | 0.0% | $189 / Sq Ft |
| 09/06/2017 09/06/17 | For Sale | $545,000 | -5.2% | $189 / Sq Ft |
| 07/31/2017 07/31/17 | Pending | -- | -- | -- |
| 06/16/2017 06/16/17 | Price Changed | $575,000 | -4.2% | $199 / Sq Ft |
| 04/09/2017 04/09/17 | For Sale | $599,900 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Universal Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $772,500 | Heritage Title & Settlement | |
| Warranty Deed | $523,000 | Bridge Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | VA | |
| Previous Owner | $418,400 | New Conventional | |
| Previous Owner | $772,500 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Bright MLS
MLS Number: VAFB2007712
APN: 7779-93-7690
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