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349 Potomac Run Rd, Fredericksburg, VA, 22405

$480,000

Home List Price

$5,700*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,876 SqFt
$167/SqFt
House

Location

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349 Potomac Run Rd, Fredericksburg$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Attached Garage, Driveway
Garage2 spaces
Year Built1993
HeatingHeat Pump
CoolingCentral Air
BasementYes
ViewTrees/Woods
MLS #VAST2032450
Lot Size3.00 Acres
StatusActive
(ACTIVE)

About 349 Potomac Run Rd

Investor Special! Cash only! This unique property presents an incredible investment opportunity for any savvy cash buyer seeking to capitalize on a truly remarkable real estate find situated on a 3 acre lot. Boasting a sprawling layout with two full floors plus a sizeable basement and 2 car garage, this home offers an abundance of space and versatility. The fully finished basement, in particular, is a standout feature, containing a private bedroom, a full bathroom, and a second kitchen - making it ideal for use as an in-law suite, a separate rental unit, or any number of other flexible living arrangements. The property's HVAC system is relatively new, at around 6 years old, and has been meticulously maintained through regular professional servicing, ensuring maximum efficiency and reliability. Additionally, the home features a brand-new hot water heater, further adding to its appeal and long-term viability. While the property may require some elbow grease and TLC to reach its full potential, this only serves to enhance its allure as a true diamond in the rough - a hidden gem waiting to be polished and transformed into a remarkable investment opportunity. With its ample square footage, diverse layout, and well-maintained mechanical systems, this cash-only listing represents an exceptional chance for the right investor to capitalize on a property with immense value and limitless possibilities.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1993
  • Stories: 2
  • Living Area: 2,876 SqFt

Listing Office:

  • Office Name: United Real Estate Premier
  • Office Phone: (540) 374-1111
  • Listing Agent: Heidi C HomFeldt

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Brook Point High School, Public District Grades 9-12
  • Edward E. Drew, Jr. Middle School, Public District Grades 6-8
  • Conway Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Layhill Rd to L on Morton Rd. L on Leeland Rd. Left on Potomac Run Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $3,524
  • Tax Year: 2021
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Housing Market Comparison

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

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Fredericksburg, VA

City

Med. Sold Price

$445K

Med. Price/SqFt

$202

Avg. Days On Market

25

# of Sold Homes

251

349 Potomac Run Rd vs Fredericksburg

9 DAYS ON ROCKET

-16 Days

$480,000

+$35K More

$167/SqFt

-$36 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $36/SqFt less than other homes in Fredericksburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAST2032450

Listing Office:

  • Office Name: United Real Estate Premier
  • Office Phone: (540) 374-1111
  • Listing Agent: Heidi C HomFeldt

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: 9/16/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,524$363,300

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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.

Elementary School

school-card-donut-2129085
4
/10

  • Conway Elementary School

  • 105 Primmer House Rd

  • 2.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2129086
4
/10

  • Edward E. Drew, Jr. Middle School

  • 501 Cambridge St

  • 3.18 miles

  • Public District Grades 6-8

High School

school-card-donut-2129087
4
/10

  • Brook Point High School

  • 1700 Courthouse Rd

  • 2.45 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,949. The most common annual income of people living in Fredericksburg, VA is between $100k-200k. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Fredericksburg, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Fredericksburg, VA?

Fredericksburg's housing market showcases a blend of historic charm and modern convenience, with a significant portion of homes reflecting colonial and Victorian styles that echo the city's rich history. The housing landscape is diverse, offering single-family homes, apartments, and townhouses to accommodate various preferences. The area has a homeownership rate of approximately 55%, with the remaining 45% of residents opting to rent, reflecting a community that values both stability and flexibility.

Is Fredericksburg, VA a good place to live?

Fredericksburg prides itself on its historical significance and vibrant community spirit. The city is celebrated for its well-preserved 18th and 19th-century architecture, which stands alongside contemporary amenities. Annual events like the Fredericksburg Christmas Parade and the Historic Garden Week tour embody the city's blend of tradition and community engagement, fostering a sense of pride among residents.

Are things conveniently located in Fredericksburg, VA?

The community is served by a robust educational system, including several public schools at the elementary, middle, and high school levels, as well as private institutions that offer alternative educational opportunities. Healthcare is readily accessible, with a local hospital providing a range of services from emergency care to specialized treatments. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to enhance services, particularly in education and healthcare, are ongoing to meet the needs of a growing population.

What does the transportation in Fredericksburg, VA look like?

Fredericksburg's transport infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The city's public transportation includes a bus system with routes connecting key areas, though schedules may vary. Ride-sharing services are available, complementing the public options. The city is also characterized by its walkable downtown area, which is a draw for both residents and visitors. Major roads and highways, such as Interstate 95, facilitate travel and commuting to nearby cities like Richmond and Washington, D.C.

Frequently Asked Questions About 349 Potomac Run Rd

What is the listing price of this property?

The listing price of 349 Potomac Run Rd property is $480,000.

What type of property is this?

The property 349 Potomac Run Rd is a house located in Fredericksburg, Virginia, 22405.

Is this property for sale now?

Active Listing: 349 Potomac Run Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 349 Potomac Run Rd are:
Conway Elementary School: GreatSchools Rating 4/10
Edward E. Drew, Jr. Middle School: GreatSchools Rating 4/10
Brook Point High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,524 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 349 Potomac Run Rd has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 349 Potomac Run Rd is 2,876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 349 Potomac Run Rd is 1993.

Rocket Homes›Virginia›Stafford County›Fredericksburg›22405›349 Potomac Run Rd

This home is located at 349 Potomac Run Rd in Fredericksburg, VA and zip code 22405. This 2,876 square foot home, which was built in 1993, sits on a 3.00 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $480,000.

In August 2024 more than 110 listings in Fredericksburg, VA were sold above the asking price. During the same period more than 77 listings were sold at asking price, while more than 64 were sold below. The number of listings in Fredericksburg, VA decreased by 2.9% between July 2024 and August 2024. While the average time on the market in August 2024 was 25 days, the median list price was $445,000.

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

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