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1618 Franklin Street

1618 Franklin Street, Fredericksburg, VA 22401
Sold Jun 22, 2021
$885,000
$769,500 by King Lending
Mortgage Due Jun 22, 2051
Local assessors in Fredericksburg, VA have categorized 1618 Franklin Street as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 15,812 square feet. The linear feet between the front and back of the lot was measured at 1,640 ft and the front of the lot was measured at 980 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 3 full bathrooms. There are also 4 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 1618 Franklin Street has a total of 3,503 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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a hip style roof that was made of slate. 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 hot water heating system 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1618 Franklin Street was last sold in Jun 17, 2021 for $885,000. According to our calculations, that's $252.64 per sqft. Current property owners are expected to pay $7,290 in taxes per year. The property on 1618 Franklin Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $819,100. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $579,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,756
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 528
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 15,812
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 980
  • Total Building Area: 3,503
  • Building Area: 3,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,503
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENMORE SD
  • Land Acres: 0.363
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 20 BL 150-A-L20

Ownership

  • Current Owner : BERTOLET ANDREW G
  • Current Owner 2: BERTOLET KATHARINE MARVILL
  • Previous Owner : LEWIS RICHARD A
  • Previous Owner 2: LEWIS VIRGINIA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Parcel: 7779-76-0656
  • Lot: 20
  • Municipality: FREDERICKSBURG CITY PS
  • Latitude: 38.3075
  • Longitude: -77.4748

    Address

  • Full Address: 1618 Franklin St
  • Address - House Number: 1618
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C047
  • 4-Digit Zip Code: 4506
  • Zip Code: 22401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,290

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 1,035,655
  • High Value: 1,191,904
  • Low Value: 879,406

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $769,500
  • First Open Lien Mortgage Lender: KING LENDING
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $769,500
  • 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 22, 2051

    Market Valuation

  • Market Total Value: $819,100
  • Market Land Value: $240,000
  • Market Improvement Value: $579,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $819,100
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $579,100

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11844789147
  • Current Sale Price: $885,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102462

    Last Sale Mortgage

  • First Mortgage Lender: KING LENDING
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $769,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Fredericksburg



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,747 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1618 Franklin Street located in?
The 1618 Franklin Street is a house located in the neighborhood of Fredericksburg in Fredericksburg, Fredericksburg.
What is the average sales price for listings in 1618 Franklin Street?
The average sales price for units in 1618 Franklin Street is $0 currently.

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