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3001 Patriot Lane

3001 Patriot Lane, Fredericksburg, VA 22408
Property in Spotsylvania
Sold Nov 12, 2021
$415,000
$422,262 by Navy Federal Credit Union
Mortgage
Sold Sep 10, 2015
$345,000
$356,385 by Everbank.com
Mortgage
3001 Patriot Lane 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 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3001 Patriot Lane has 1,918 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 218,236 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 572 sqft. According to our sources, there are a total of 2 available parking spaces. 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 central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 3001 Patriot Lane was last sold in Nov 4, 2021 for $415,000. According to our calculations, that's $216.37 per sqft. Prior to that sales transaction, the property was sold for $345,000 in Sep 4, 2015. Current property owners are expected to pay $2,444 in taxes per year. The property on 3001 Patriot Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $331,300. To break that down further, the land itself was valued at $107,100. While improvements to the property were assessed at a total of $224,200. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,082
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 218,236
  • Total Building Area: 1,918
  • Building Area: 1,918
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MARSHALL GARDNER PROPERTY DIV SION
  • Land Acres: 5.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARSHALL-GARDNER TRACT PARCEL 14A

Ownership

  • Current Owner : ALLEN JAMES C
  • Current Owner 2: ALLEN APRIL D
  • Previous Owner : BOLTON WILLIAM
  • Previous Owner 2: BOLTON SUSAN LEIGH
  • Owner Before Previous Owner: THOMAS WAYNE R
  • Owner Before Previous Owner 2: THOMAS CAROL F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: LEE HILL
  • Census Tract: 020205

Zoning

  • Zoning: RU - RURAL

Geography

  • District: 5
  • Parcel: 37-5-14A
  • Municipality: LEE HILL
  • Latitude: 38.209
  • Longitude: -77.4349

    Address

  • Full Address: 3001 Patriot Ln
  • Address - House Number: 3001
  • Address - Street Name: Patriot
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: R082
  • 4-Digit Zip Code: 1729
  • Zip Code: 22408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,444

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 85
  • Final Value: 473,607
  • High Value: 534,859
  • Low Value: 412,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,262
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $422,262
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $331,300
  • Market Land Value: $107,100
  • Market Improvement Value: $224,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $331,300
  • Assessed Land Value: $107,100
  • Assessed Improvements Value: $224,200

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11869695538
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210033530
  • Previous Sale Recording Date: Sep 10, 2015
  • Previous Sale Contract Date: Sep 04, 2015
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $422,262
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EVERBANK.COM
  • Previous Mortgage Transaction Date: Sep 10, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $356,385
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Spotsylvania



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Frequently Asked Questions

What neighborhood is 3001 Patriot Lane located in?
The 3001 Patriot Lane is a located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 3001 Patriot Lane?
The average sales price for units in 3001 Patriot Lane is $0 currently.

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