NOT LISTED FOR SALE

909 Forbes St Fredericksburg, VA 22405

Estimated Value: $609,395 - $640,000

1.25 Acres
$496,279 Price per Acre
54,450 Sq Ft Lot

Last Sold August 02, 2013

Last sale price $130,000 $153 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $3,792/month

96 Days on Market

About This Lot

As of August 2013

Large, flat corner lot!! Convenient location to downtown Fredericksburg. There is currently a trailer (and other smaller structures) on property that will have to be removed at buyer's expense. Possible opportunity for subdividing and rezoning commercial. Dog on premises. No sign on property.

Last Agent to Sell the Property

Carrie Danko

Pathway Realty, Inc. License #0225201007 Listed on: 02/25/2013

Co-Listed By

Denise Miller

Compass

Last Buyer's Agent

Sean Lando

Lando Massey Real Estate License #0225202632

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $857

Lot Details

  • 1.25 Acre Lot
  • No Building Permits
  • Property is zoned R1

Listing and Financial Details

  • Assessor Parcel Number 46- - - -42A

Property Details

Property Type

Land

Est. Annual Taxes

$857

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 3.68

Utilities

  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 10100.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 1.25
  • Lot Size Area: 54319
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54319.00
  • Possible Use: Commercial, Residential
  • Year Assessed: 2012
  • Zoning: R1

Tax Info

  • Assessor Parcel Number: 16908128
  • Tax Annual Amount: 857.07
  • Assessor Parcel Number: 46- - - -42A
  • Tax Total Finished Sq Ft: 2036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Perkins Kathleen A
Bought by
Sullivan Jessica Lynette and Perkins Christopher A
Current Estimated Value
$620,349

Purchase Details

Closed on
Nov 4, 2015
Sold by
Atlantic Builders Ltd A Virginia Corpora
Bought by
Perkins Carlos H and Perkins Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,280
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 2014
Sold by
Wesjack Development Inc
Bought by
Atlantic Builders Ltd

Purchase Details

Listed on
Feb 25, 2013
Closed on
Aug 1, 2013
Sold by
Thompson Preston B
Bought by
Wesjack Development Inc
Seller's Agent
Carrie Danko
Pathway Realty, Inc.
Buyer's Agent
Sean Lando
Lando Massey Real Estate
List Price
$200,000
Sold Price
$130,000
Premium/Discount to List
-$70,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Sullivan Jessica Lynette -- None Available
Perkins Carlos H $327,380 Homebuyers Title & Escrow
Atlantic Builders Ltd $160,000 --
Wesjack Development Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Kathleen A $162,006
Closed Perkins Carlos H $218,240
Closed Perkins Carlos H $224,280
Previous Owner Thompson Preston B $12,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold $130,000 -35.0% $153 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $200,000 -- $235 / 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
2024 $4,941 $544,900 $95,000 $449,900
2023 $4,561 $482,600 $90,000 $392,600
2022 $4,015 $472,400 $90,000 $382,400
2021 $3,634 $374,600 $65,000 $309,600
2020 $3,634 $374,600 $65,000 $309,600
2019 $3,837 $379,900 $65,000 $314,900
2018 $3,761 $379,900 $65,000 $314,900
2017 $3,620 $365,700 $65,000 $300,700
2016 $3,620 $365,700 $65,000 $300,700
2015 -- $65,000 $65,000 $0
2014 -- $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003364448

Bright MLS

APN: 46-42A