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1402 Prince Edward Street

1402 Prince Edward Street, Fredericksburg, VA 22401
Property in Fredericksburg
Sold May 11, 2023
$575,000
$517,500 by Embrace Home Loans, Inc.
Mortgage Due Jun 01, 2053
Sold Sep 22, 2016
$345,100
$335,000 by Mortgage Research Center Llc
Mortgage
Local assessors in Fredericksburg, VA have categorized 1402 Prince Edward Street as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 6,882 square feet. The linear feet between the front and back of the lot was measured at 1,680 ft and the front of the lot was measured at 410 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1402 Prince Edward Street has a total of 1,685 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 672 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1402 Prince Edward Street sold most recently in Apr 22, 2023 for a total of $575,000. If you work out the math, that's approximately a cost of $341.25 per sqft. Before that, the property was also sold for $345,100 in Sep 20, 2016. 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 $3,876 in taxes each year. 1402 Prince Edward Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $435,500. If we break it down further, the land itself was valued at $190,000. Improvements to the property, however, were assessed at a total of $245,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Outdoor Space

Screened-In Porch

Building Style

Colonial

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 672
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,882
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,685
  • Building Area: 1,685
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,685
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 157 BL 104-1402 1402 PR EDWARD ST

Ownership

  • Current Owner : KIRCHGESSNER JOSEPH
  • Current Owner 2: ADAMS LINDSEY
  • Previous Owner : PURALEWSKI MICHAEL
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Fredericksburg City Public Schools
  • Census Tract: 000100

Zoning

  • Zoning: R4

Geography

  • Parcel: 7779-96-7238
  • Lot: 157
  • Municipality: FREDERICKSBURG CITY PS
  • Latitude: 38.3064
  • Longitude: -77.4654

    Address

  • Full Address: 1402 Prince Edward St
  • Address - House Number: 1402
  • Address - Street Name: Prince Edward
  • Address - Suffix Type: St
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C035
  • 4-Digit Zip Code: 3635
  • Zip Code: 22401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,876

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 581,692
  • High Value: 676,030
  • Low Value: 487,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,500
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS, INC.
  • First Open Lien Mortgage Recording Date: May 11, 2023
  • First Open Lien Mortgage Loan Amount: $517,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $435,500
  • Market Land Value: $190,000
  • Market Improvement Value: $245,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $435,500
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $245,500

    Sales

  • Current Sale Contract Date: Apr 22, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Transaction ID: 11906674770
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 816
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Sep 20, 2016
  • Previous Sale Amount: $345,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS, INC.
  • First Mortgage Transaction Date: May 11, 2023
  • First Mortgage Loan Amount: $517,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Sep 22, 2016
  • Previous Mortgage Loan Amount: $335,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 1402 Prince Edward Street located in?
The 1402 Prince Edward Street is a located in the neighborhood of Fredericksburg in Fredericksburg, Fredericksburg.
What is the average sales price for listings in 1402 Prince Edward Street?
The average sales price for units in 1402 Prince Edward Street is $0 currently.

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