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111 Bancroft Drive

111 Bancroft Drive, Fredericksburg, VA 22405
Sold Dec 07, 2020
$288,000
$282,783 by George Mason Mortgage Llc
Mortgage
Sold Dec 14, 2011
$212,500
Seller
$212,500 by Nvr Mortgage Finance Inc
Mortgage
111 Bancroft Drive in Fredericksburg, VA was first built in 2011 and is 13 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 111 Bancroft Drive has 1,452 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 720 sqft and has been categorized as a full basement. In total, the area measurement of the land is 12,374 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 Bancroft Drive sold most recently in Dec 1, 2020 for a total of $288,000. If you work out the math, that's approximately a cost of $198.35 per sqft. Before that, the property was also sold for $212,500 in Dec 12, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,578 in taxes each year. 111 Bancroft Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $272,800. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $182,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,374
  • Total Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,452
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RAPPAHANNOCK LANDING
  • Land Acres: 0.284
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: UNIT 98 PH 6 RAPPAHANNOCK LANDING CONDOMINIUM

Ownership

  • Current Owner : GOMEZ HELIO A
  • Current Owner 2: GOMEZ-SANCHEZ MARISSA G
  • Previous Owner : TORRES GEORGE
  • Owner Before Previous Owner: NVR INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Stafford County Public Schools
  • Census Tract: 010306

Zoning

  • Zoning: R2- URBAN

Geography

  • Account Number: 51026
  • District: 05
  • Parcel: 53K-6-98
  • Municipality: FALMOUTH HARTWOOD
  • Latitude: 38.3342
  • Longitude: -77.4931

    Address

  • Full Address: 111 Bancroft Dr
  • Address - House Number: 111
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C039
  • 4-Digit Zip Code: 1206
  • Zip Code: 22405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,578

    Appraisal Valuation

  • Standard Deviation: 0.1133
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 88
  • Final Value: 360,862
  • High Value: 401,778
  • Low Value: 319,946

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $292,863
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $282,783
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Dec 07, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $10,080
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $272,800
  • Market Land Value: $90,000
  • Market Improvement Value: $182,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,800
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $182,800

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Transaction ID: 11809452344
  • Current Sale Price: $288,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200033216
  • Previous Sale Recording Date: Dec 14, 2011
  • Previous Sale Contract Date: Dec 12, 2011
  • Previous Sale Amount: $212,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 07, 2020
  • First Mortgage Loan Amount: $282,783
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NVR MORTGAGE FINANCE INC
  • Previous Mortgage Transaction Date: Dec 14, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $212,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 111 Bancroft Drive located in?
The 111 Bancroft Drive is a located in the neighborhood of Belmont Hills - Ingleside in Belmont Hills - Ingleside, Fredericksburg.
What is the average sales price for listings in 111 Bancroft Drive?
The average sales price for units in 111 Bancroft Drive is $0 currently.

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