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4038 Plank Road

4038 Plank Road, Fredericksburg, VA 22407
Property in Spotsylvania
This has been categorized as a commercial property type. 4038 Plank Road has 1,280 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,024 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of brick. 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, 4038 Plank Road sold most recently in Sep 22, 2015 for a total of $243,000. If you work out the math, that's approximately a cost of $189.84 per sqft. 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 $952 in taxes each year. 4038 Plank Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $129,000. If we break it down further, the land itself was valued at $18,400. Improvements to the property, however, were assessed at a total of $110,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,024
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: SALEM PROFESSIONAL CENTER
  • Land Acres: 0.024
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SALEM PROFESSIONAL CENTERPARCEL 1D SEC 1

Ownership

  • Current Owner : LAMBERT LOFTON H
  • Current Owner 2: JOHNSON-LAMBERT COURTNEY R
  • Previous Owner : RICHARDSON FAITH Y
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: CHANCELLOR
  • Census Tract: 020108

Zoning

  • Zoning: C2 - COMME

Geography

  • District: 7
  • Section: 1
  • Parcel: 23R-1-1D
  • Municipality: CHANCELLOR
  • Latitude: 38.2901
  • Longitude: -77.5285

    Address

  • Full Address: 4038 Plank Rd
  • Address - House Number: 4038
  • Address - Street Name: Plank
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C028
  • 4-Digit Zip Code: 4895
  • Zip Code: 22407

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: THE FAUQUIER BANK
  • First Open Lien Mortgage Recording Date: Sep 25, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $129,000
  • Market Land Value: $18,400
  • Market Improvement Value: $110,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,000
  • Assessed Land Value: $18,400
  • Assessed Improvements Value: $110,600

    Sales

  • Current Sale Contract Date: Sep 22, 2015
  • Current Sale Recording Date: Sep 25, 2015
  • Current Sale Transaction ID: 1323138765
  • Current Sale Price: $243,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 150016507

    Last Sale Mortgage

  • First Mortgage Lender: THE FAUQUIER BANK
  • First Mortgage Transaction Date: Sep 25, 2015
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4038 Plank Road located in?
The 4038 Plank Road is a located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 4038 Plank Road?
The average sales price for units in 4038 Plank Road is $0 currently.

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