Seller's Agent in 2025
Drew Fristoe
Coldwell Banker Elite
(540) 847-1212
4 in this area
58 Total Sales
7032 Old Plank Rd Unit 3 Fredericksburg, VA 22407
Chancellor NeighborhoodEstimated Value: $361,000 - $385,000
3
Beds
1
Bath
1,384
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Barn
- Gourmet Kitchen
- Deck
- Riverbend High School Rated A-
- 2 Acre Lot
- Traditional Floor Plan
About This Home
As of March 2025Welcome to 7032 and 7034 Old Plank Road! This unique property features two separate 1-acre lots, combining to offer a spacious 2-acre retreat in the heart of Spotsylvania (22-2-2 and 22-2-3). Included are a charming 3-bedroom, 1-bath rambler and a versatile barn with electricity and a second floor.
The Home
Remodeled in 2001, this lovely rambler welcomes you with a foyer showcasing gleaming hardwood floors. To the right, you’ll find a bright dining area and a well-appointed kitchen, complete with a refrigerator with an ice maker, microwave, dishwasher, double-oven stove, and a breakfast bar perfect for additional seating. The living room, located to the left of the foyer, also boasts beautiful hardwood floors and provides a cozy gathering space.
All three bedrooms are conveniently situated near the full bath. A separate laundry room off the foyer leads to the back sunroom, where you’ll enjoy tranquil views of the backyard. A spacious deck is located off of the sunroom, complete with a hot tub (offered as-is)—a perfect spot for relaxing or entertaining.
The Barn
Adjacent to the home, the barn offers electricity, a spacious second floor, and endless possibilities. Whether you’re looking for a workshop, additional storage, or a creative space, this barn delivers.
The Location
Conveniently situated just minutes from I-95, shopping, and downtown Fredericksburg, this property offers the perfect blend of rural charm and accessibility.
Last Agent to Sell the Property
(540) 847-1212 dfristoe@coldwellbankerelite.com Coldwell Banker Elite Listed on: 01/09/2025
Co-Listed By
(540) 735-2606 gbrown@coldwellbankerelite.com Coldwell Banker Elite License #0225129505
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $123
Year Built
- Built in 1960 | Remodeled in 2006
Lot Details
- 2 Acre Lot
- Property is in very good condition
- Property is zoned R1
Home Design
- Rambler Architecture
- Vinyl Siding
Interior Spaces
- 1,384 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Crown Molding
- Combination Kitchen and Dining Room
- Wood Flooring
- Crawl Space
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Outbuilding
- Porch
Schools
- Harrison Road Elementary School
- Freedom Middle School
- Riverbend High School
Farming
- Barn
Utilities
- Central Air
- Heating System Uses Oil
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 22-2-3
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2025
Closed on
Mar 6, 2025
Sold by
Sibley Laura L
Bought by
Ervin Brandon Lee and Ervin Courtney Diane
Seller's Agent
Drew Fristoe
Coldwell Banker Elite
Buyer's Agent
Dawn Laughlin
RE/MAX Gateway
List Price
$379,000
Sold Price
$380,000
Premium/Discount to List
$1,000
0.26%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,667
Avg. Annual Appreciation
-2.79%
Original Mortgage
$388,170
Outstanding Balance
$386,218
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$13,885
Purchase Details
Closed on
May 2, 2022
Sold by
Sibley Kevin N and Sibley Laura L
Bought by
Sibley Kevin N and Sibley Laura L
Purchase Details
Closed on
Feb 2, 2018
Sold by
Sibley Kevin N and Sibley Heather H
Bought by
Sibley Kevin N
Purchase Details
Closed on
Jul 26, 2002
Sold by
Va Development Co
Bought by
Sibley Kevin N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,160
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2000
Sold by
Ward J Y
Bought by
Sibley Kevin N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ervin Brandon Lee | $380,000 | Stewart Title Guaranty Company | |
| Sibley Kevin N | -- | None Listed On Document | |
| Sibley Kevin N | -- | None Available | |
| Sibley Kevin N | $82,800 | -- | |
| Sibley Kevin N | $71,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ervin Brandon Lee | $388,170 | |
| Previous Owner | Sibley Kevin N | $30,160 | |
| Previous Owner | Sibley Kevin N | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $380,000 | +0.3% | $275 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $379,000 | -- | $274 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $123 | $16,700 | $11,000 | $5,700 |
| 2024 | $123 | $16,700 | $11,000 | $5,700 |
| 2023 | $117 | $15,200 | $9,500 | $5,700 |
| 2022 | $112 | $15,200 | $9,500 | $5,700 |
| 2021 | $94 | $11,600 | $5,900 | $5,700 |
| 2020 | $94 | $11,600 | $5,900 | $5,700 |
| 2019 | $98 | $11,600 | $5,900 | $5,700 |
| 2018 | $97 | $11,600 | $5,900 | $5,700 |
| 2017 | $99 | $11,600 | $5,900 | $5,700 |
| 2016 | $99 | $11,600 | $5,900 | $5,700 |
| 2015 | -- | $11,600 | $5,900 | $5,700 |
| 2014 | -- | $11,600 | $5,900 | $5,700 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Fristoe
-
Gerald Brown
Seller Co-Listing Agent in 2025
Gerald Brown
Coldwell Banker Elite
(540) 735-2606
6 in this area
51 Total Sales
-
Dawn Laughlin
Buyer's Agent in 2025
Dawn Laughlin
RE/MAX Gateway, LLC
(703) 967-6131
4 in this area
163 Total Sales
Map
Source: Bright MLS
MLS Number: VASP2029984
APN: 22-2-3
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