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2505 Melchris Court

2505 Melchris Court, Fredericksburg, VA 22408
Property in Spotsylvania
Sold Sep 02, 2021
$330,000
$304,000 by First Heritage Mortgage Llc
Mortgage Due Aug 20, 2061
Sold Feb 02, 2018
$200,700
2505 Melchris Court 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 2002 and is 22 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2505 Melchris Court has 1,196 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 13,523 square feet.

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 308 sqft. According to our sources, there is one available parking space. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 2505 Melchris Court sold most recently in Sep 1, 2021 for a total of $330,000. If you work out the math, that's approximately a cost of $275.92 per sqft. Before that, the property was also sold for $200,700 in Jan 12, 2018. 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 $1,880 in taxes each year. 2505 Melchris Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $254,800. 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 $154,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 13,523
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,196
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAMILTONS CROSSING
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAMILTON'S CROSSING LOT 120 SEC 2

Ownership

  • Current Owner : LARACH EDWARD R
  • Current Owner 2: LARACH JOSEPHINE
  • Previous Owner : WISEMAN GARY J
  • Owner Before Previous Owner: BANK RAYMOND JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: LEE HILL
  • Census Tract: 020201

Zoning

  • Zoning: R2 - RESID

Geography

  • District: 5
  • Section: 2
  • Parcel: 25E-4-120
  • Lot: 120
  • Municipality: LEE HILL
  • Latitude: 38.2549
  • Longitude: -77.4191

    Address

  • Full Address: 2505 Melchris Ct
  • Address - House Number: 2505
  • Address - Street Name: Melchris
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C043
  • 4-Digit Zip Code: 8035
  • Zip Code: 22408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,880

    Appraisal Valuation

  • Standard Deviation: 0.1284
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 85
  • Final Value: 356,229
  • High Value: 401,973
  • Low Value: 310,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 478
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 20, 2061

    Market Valuation

  • Market Total Value: $254,800
  • Market Land Value: $100,000
  • Market Improvement Value: $154,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $254,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $154,800

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11854679650
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210026647
  • Previous Sale Recording Date: Feb 02, 2018
  • Previous Sale Contract Date: Jan 12, 2018
  • Previous Sale Amount: $200,700
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 478
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 20, 2061

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Spotsylvania



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Frequently Asked Questions

What neighborhood is 2505 Melchris Court located in?
The 2505 Melchris Court is a located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 2505 Melchris Court?
The average sales price for units in 2505 Melchris Court is $0 currently.

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