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103 Patterson Avenue

103 Patterson Avenue, Fredericksburg, VA 22407
Property in Spotsylvania
Sold Sep 20, 2021
$340,000
$330,000 by Fairway Independent Mortgage C
Mortgage
103 Patterson Avenue has been categorized by the local assessors in Fredericksburg, VA as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 103 Patterson Avenue has 864 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,677 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 780 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 17, 2021 for $340,000. That's $393.52 per sqft. 103 Patterson Avenue was last assessed in 2022. The total value of the property was assessed at $294,000. Specifically, the land the property is located on was valued at $105,000. While improvements on the property were assessed at a total of $189,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,169. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Garage Type: Attached
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 11,677
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MILL GARDEN SOUTH
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MILL GARDEN SOUTH LOT 63 SEC 1

Ownership

  • Current Owner : HARE WILLIAM
  • Previous Owner : FAIRFIELD RANDY
  • Previous Owner 2: FAIRFIELD DAWN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: COURTLAND
  • Census Tract: 020306

Zoning

  • Zoning: RU - RURAL

Geography

  • District: 4
  • Section: 1
  • Parcel: 35F-1-63
  • Lot: 63
  • Municipality: COURTLAND
  • Latitude: 38.2295
  • Longitude: -77.5274

    Address

  • Full Address: 103 Patterson Ave
  • Address - House Number: 103
  • Address - Street Name: Patterson
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: R023
  • 4-Digit Zip Code: 1405
  • Zip Code: 22407

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,169

    Appraisal Valuation

  • Standard Deviation: 0.1371
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 84
  • Final Value: 333,457
  • High Value: 379,195
  • Low Value: 287,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $330,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $294,000
  • Market Land Value: $105,000
  • Market Improvement Value: $189,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $294,000
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $189,000

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11858750108
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210028224

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 103 Patterson Avenue located in?
The 103 Patterson Avenue is a located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 103 Patterson Avenue?
The average sales price for units in 103 Patterson Avenue is $0 currently.

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