26 days on rocket

511 Spottswood St, Fredericksburg, VA, 22401

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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511 Spottswood St, Fredericksburg$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street, Driveway
Year Built1880
HeatingBaseboard, Other, Space Heater(s)
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #VAFB2007100
Lot Size0.18 Acres
StatusActive
(ACTIVE)

About 511 Spottswood St

Remarkable Investment opportunity right in Downtown Fredericksburg. Immediate income producing property containing 4 apartment units in main house, with an additional 5th apartment above the detached garage building behind. All currently occupied. Each apartment contains a full kitchen and bath. Property sits on a large corner lot that is a 0.4 mile walk to the VRE station and equal or less distance to shops/restaurants. Additional detached garage shop zoned commercial.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1880

Listing Office:

  • Office Name: Reform Realty
  • Office Phone: (540) 479-9345
  • Listing Agent: Kimberly Jewell

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Carpet, Vinyl

Exterior Features

Parking Information:

  • Parking: On Street, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other, Space Heater(s)
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: *Use GPS for tailored directions

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000

Tax Information:

  • Annual Amount: $3,770
  • 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

$449.9K

Med. Price/SqFt

$206

Avg. Days On Market

25

# of Sold Homes

213

511 Spottswood St vs Fredericksburg

26 DAYS ON ROCKET

+1 Day

$899,000

+$449K More

KEY TAKEAWAY

This property is $449K more than the Median Sold Price in Fredericksburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAFB2007100

Listing Office:

  • Office Name: Reform Realty
  • Office Phone: (540) 479-9345
  • Listing Agent: Kimberly Jewell

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: 11/21/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2020Home Sold
$517,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,770$511,400
2019$3,246$405,800
2018$3,246$405,800
2017$3,246$405,800

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-325471
4
/10

  • Hugh Mercer Elementary School

  • 2100 Cowan Blvd

  • 1.37 miles

  • Public District Grades KG-2

school-card-donut-325472
5
/10

  • Ferry Farm Elementary School

  • 20 Pendleton Rd

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-325473
3
/10

  • Lafayette Upper Elementary School

  • 3 Learning Ln

  • 2.06 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,630. Typical income of Fredericksburg, VA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Spottswood St

What is the listing price of this property?

The listing price of 511 Spottswood St property is $899,000.

What type of property is this?

The property 511 Spottswood St is a house located in Fredericksburg, Virginia, 22401.

Is this property for sale now?

Active Listing: 511 Spottswood 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 $3,770 (source: MLS/based on county public records data).

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

The last sale was on February 25, 2020 for $517,500. (source: MLS/tax record).

What is the square footage of this property?

The sq. ft. of 511 Spottswood St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Spottswood St is 1880.

Rocket Homes›Virginia›Fredericksburg›22401›511 Spottswood St

This home is located at 511 Spottswood St in Fredericksburg, VA and zip code 22401. This home, which was built in 1880, sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $899,000.

In October 2024 more than 54 listings in Fredericksburg, VA were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 76 were sold below. The number of homes for sale in Fredericksburg, VA increased by 8.1% between September 2024 and October 2024. Listings spent 25 days on the market in October 2024, and had a median list price of $449,951 during the same period.

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

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