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5116 Commonwealth Dr, Fredericksburg, VA, 22407

$195,000

0.33 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #VASP2027098
Lot Size0.33 Acres
StatusActive

About 5116 Commonwealth Dr

Many uses for this C3 piece of ground - perfect investment- buy now and build or buy and hold - please see attached list of uses. Location to commuter rail and I-95 is less than a mile away. This is one of three lots available for sale. All three properties have signs on them. Several established business' in the Commonwealth Industrial Park.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Listing Agent: Victoria Clark-Jennings

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

School Info

Assigned Schools Information:

  • Massaponax High School, Public District Grades 9-12
  • Spotsylvania Middle School, Public District Grades 6-8
  • Parkside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Google Directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000

Tax Information:

  • Annual Amount: $604
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$445.5K

Med. Price/SqFt

$202

Avg. Days On Market

25

# of Sold Homes

251

5116 Commonwealth Dr vs Fredericksburg

36 DAYS ON ROCKET

+11 Days

$195,000

-$250.5K Less

KEY TAKEAWAY

This property is $250.5K less than the Median Sold Price in Fredericksburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VASP2027098

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Listing Agent: Victoria Clark-Jennings

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. 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: 9/19/2024, 7:20:48 PM 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$604$74,600
2020$603$74,600
2019$589$69,600
2018$580$69,600
2017$549$64,600

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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NMLS#3030

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-3623517
4
/10
  • Parkside Elementary School

  • 5620 Smith Station Rd

  • 1.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3623518
4
/10
  • Spotsylvania Middle School

  • 8801 Courthouse Rd

  • 4.20 miles

  • Public District Grades 6-8

High School

school-card-donut-3623519
3
/10
  • Massaponax High School

  • 8201 Jefferson Davis Hwy

  • 2.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,250. Typical income of Fredericksburg, VA residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5116 Commonwealth Dr

What is the listing price of this property?

The listing price of 5116 Commonwealth Dr property is $195,000.

What type of property is this?

The property 5116 Commonwealth Dr is land located in Fredericksburg, Virginia, 22407.

Is this property for sale now?

Active Listing: 5116 Commonwealth Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5116 Commonwealth Dr are:
Parkside Elementary School: GreatSchools Rating 4/10
Spotsylvania Middle School: GreatSchools Rating 4/10
Massaponax High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $604 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5116 Commonwealth Dr is 0.33 acres.
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Rocket HomesVirginiaSpotsylvania CountyFredericksburg224075116 Commonwealth Dr

This home is located at 5116 Commonwealth Dr in Fredericksburg, VA and zip code 22407. This home sits on a 0.33 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $195,000.

In August 2024, from all listings sold in Fredericksburg, VA there were more than 111 sold above asking price, over 64 sold below and more than 76 were sold right at the asked price. Between July 2024 and August 2024, Fredericksburg, VA real estate market has seen decrease in the number of listings by 2.2%. In August 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $445,562.

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

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