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1414 Payne St, Fredericksburg, VA, 22401

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
3 Full Baths
2,269 SqFt
$242/SqFt
House

Location

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1414 Payne St, Fredericksburg$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1959
HeatingHot Water
CoolingCentral Air
BasementYes
MLS #VAFB2007166
StatusActive
(ACTIVE)

About 1414 Payne St

Welcome to this charming 3 bed, 2 bath downtown ranch with a one bedroom, 1 bath, basement apartment, with the potential for an estimated $1200 per month rental income. This College Heights home is steps away from downtown, a stroll from the train, a quick jaunt to 95, entertainment, churches, restaurants, and shopping. Living at 1414 Payne Street will make you part of a community with the walking paths and the amazing neighborhood next to MWU. Welcome to this charming single level living (for the most part) downtown rancher. This home is just the perfect distance enough to be downtown but not in the heart of the hustle and bustle so you get it all, the location that we all want and the quiet from the streets. Payne street offers the perfect balance of convenience and tranquility. As you walk in you are graced with hardwood floors on the main level and lots of natural light. The traditional floor plan allows for so many opportunities to create the space you’ve been looking for! With 3 large bedrooms accompanied by 2 bathrooms on the main level you can bring your family or all your guest here to stay. This home brings you a rec room basement that you can do anything with… playroom, second living space, craft room, office, yoga or music studio… the sky is the limit. The spacious living room, featuring cozy carpeted floors and a fireplace, creates a warm and inviting atmosphere. Imagine yourself sitting on an amazing front porch waiving as the people go by, or handing out candy on Halloween, or imagine yourself hosting a back yard BBQ on your large back deck will the kiddo’s or guest are running around on the back patio. The outdoor living at this home brings in just as much entertaining area’s then the inside offers. Sit and sip on the porch, scroll and slurp on the deck and enjoy a hot cup of co-co by the fire pit. If this wasn't enough for you there is a second apartment with its own meter and entrance. You can call this home and an investment. This home really is ready for YOU to come visit and make it yours. Its steps away from downtown, a stroll from the train, a quick jut to 95 and within fingers reach to entertainment, churches, restaurants, and shopping. Living at 1414 Payne street will make you part of a community with the walking paths and the amazing neighborhood next to the collage. Come visit today and make this house your home.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1959
  • Stories: 2
  • Living Area: 2,269 SqFt

Listing Office:

  • Office Name: Coldwell Banker Elite
  • Office Phone: (540) 735-2600
  • Listing Agent: Sarah Anne Hurst

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, On Street

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Route one or Williams street turn onto Stafford ave turn. From there turn onto Payne street and it will be 275 feet away on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $2,817
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fredericksburg, VA.

Med. Sold Price

$449.9K

Med. Price/SqFt

$206

Avg. Days On Market

26

# of Sold Homes

197

1414 Payne St vs Fredericksburg

39 DAYS ON ROCKET

+13 Days

$550,000

+$100K More

$242/SqFt

+$35 More

KEY TAKEAWAY

This property is $100K more than the Median Sold Price and $35/SqFt more than other homes in Fredericksburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAFB2007166

Listing Office:

  • Office Name: Coldwell Banker Elite
  • Office Phone: (540) 735-2600
  • Listing Agent: Sarah Anne Hurst

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2018Home Sold
$335,000
Aug 21, 2003Home Sold
$289,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,817$391,600
2019$2,651$331,400
2018$2,651$331,400
2017$2,651$331,400

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4381308
4
/10
  • Hugh Mercer Elementary School

  • 2100 Cowan Blvd

  • 0.43 miles

  • Public District Grades KG-2

school-card-donut-4381309
3
/10
  • Lafayette Upper Elementary School

  • 3 Learning Ln

  • 1.75 miles

  • Public District Grades 3-5

school-card-donut-4381310
5
/10
  • Ferry Farm Elementary School

  • 20 Pendleton Rd

  • 2.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,527. Residents of Fredericksburg, VA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1414 Payne St

What is the listing price of this property?

The listing price of 1414 Payne St property is $550,000.

What type of property is this?

The property 1414 Payne St is a house located in Fredericksburg, Virginia, 22401.

Is this property for sale now?

Active Listing: 1414 Payne St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,817 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2018 for $335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1414 Payne St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1414 Payne St is 2,269 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1414 Payne St is 1959.

Rocket HomesVirginiaFredericksburg224011414 Payne St

This home is located at 1414 Payne St in Fredericksburg, VA and zip code 22401. This 2,269 square foot home was built in 1959. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $550,000.

Over 68 listings were sold over their listed price in November 2024 in Fredericksburg, VA. In the same period over 62 listings were sold below the listed price and 67 listings were sold for the listed price. The inventory of homes for sale in Fredericksburg, VA between October 2024 and November 2024 decreased by 4%. The median list price of listings available in November 2024 was $449,987, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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