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1615 Charles Street

1615 Charles Street, Fredericksburg, VA 22401
Property in Fredericksburg
Sold Apr 24, 2017
$395,000
$355,500 by Branch Banking & Trust Company
Mortgage Due Apr 24, 2047
Sold Jul 20, 2016
$55,000
Local assessors in Fredericksburg, VA have categorized 1615 Charles Street as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 3,136 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 1615 Charles Street has a total of 2,194 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is 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, 1615 Charles Street sold most recently in Apr 21, 2017 for a total of $395,000. If you work out the math, that's approximately a cost of $180.04 per sqft. Before that, the property was also sold for $55,000 in Jul 19, 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 $3,904 in taxes each year. 1615 Charles Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $438,700. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $338,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2016
  • Effective Year Built: 2016
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,136
  • Total Building Area: 2,194
  • Building Area: 2,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,194
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 9 3,150 SF BL 72-1615

Ownership

  • Current Owner : KENNEDY STANLEY RAY
  • Current Owner 2: MCDONALD JESSICA
  • Previous Owner : ABDELATELY FAHMEY M
  • Owner Before Previous Owner: THE POWELL STREET TRUST
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Parcel: 7779-97-7441
  • Lot: 9
  • Municipality: FREDERICKSBURG CITY PS
  • Latitude: 38.3095
  • Longitude: -77.4656

    Address

  • Full Address: 1615 Charles St
  • Address - House Number: 1615
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C035
  • 4-Digit Zip Code: 3505
  • Zip Code: 22401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,904

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 583,147
  • High Value: 677,721
  • Low Value: 488,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,500
  • First Open Lien Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Apr 24, 2017
  • First Open Lien Mortgage Loan Amount: $355,500
  • 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: Apr 24, 2047

    Market Valuation

  • Market Total Value: $438,700
  • Market Land Value: $100,000
  • Market Improvement Value: $338,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,700
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $338,700

    Sales

  • Current Sale Contract Date: Apr 21, 2017
  • Current Sale Recording Date: Apr 24, 2017
  • Current Sale Transaction ID: 1811588797
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170000972
  • Previous Sale Recording Date: Jul 20, 2016
  • Previous Sale Contract Date: Jul 19, 2016
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Mortgage Transaction Date: Apr 24, 2017
  • First Mortgage Loan Amount: $355,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Fredericksburg



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Frequently Asked Questions

What neighborhood is 1615 Charles Street located in?
The 1615 Charles Street is a located in the neighborhood of Fredericksburg in Fredericksburg, Fredericksburg.
What is the average sales price for listings in 1615 Charles Street?
The average sales price for units in 1615 Charles Street is $0 currently.

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