4715 Harrison Road

Local assessors in Fredericksburg, VA have categorized 4715 Harrison Road as a commercial type of property. The property's lot size has been calculated to be 5,299 square feet. If we look only at the heated or air conditioned part of the building, then 4715 Harrison Road has a total of 2,012 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. 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 concrete block control joints. Lots of concrete were used in the construction of the exterior walls of the home. 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, 4715 Harrison Road sold most recently in Jan 20, 2023 for a total of $625,000. If you work out the math, that's approximately a cost of $310.64 per sqft. Before that, the property was also sold for $185,000 in Feb 24, 2000. 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 $2,618 in taxes each year. 4715 Harrison Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $339,200. If we break it down further, the land itself was valued at $51,300. Improvements to the property, however, were assessed at a total of $287,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.