503 Hanover Street

503 Hanover Street in Fredericksburg, VA was first built in 1889 and is 135 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 18 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 503 Hanover Street has 6,389 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. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 8,146 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. 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. For those who need parking, there is a built-in garage. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with oil. 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, 503 Hanover Street was last sold in Nov 30, 2021 for $1,015,000. According to our calculations, that's $158.87 per sqft. Prior to that sales transaction, the property was sold for $635,000 in Mar 22, 2013. Current property owners are expected to pay $6,975 in taxes per year. The property on 503 Hanover Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $783,700. To break that down further, the land itself was valued at $220,000. While improvements to the property were assessed at a total of $563,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.