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602 Spottswood Street

602 Spottswood Street, Fredericksburg, VA 22401
Sold Jun 15, 2022
$410,000
$397,700 by Federal Savings Bank
Mortgage Due Jul 01, 2052
Sold Sep 01, 2017
$310,000
$294,500 by C & F Mortgage Corporation
Mortgage
Local assessors in Fredericksburg, VA have categorized 602 Spottswood Street as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 3,877 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 602 Spottswood Street has a total of 1,555 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. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gambrel style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. 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, 602 Spottswood Street was last sold in Jun 15, 2022 for $410,000. According to our calculations, that's $263.67 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Aug 19, 2017. Current property owners are expected to pay $2,596 in taxes per year. The property on 602 Spottswood Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $291,700. To break that down further, the land itself was valued at $115,000. While improvements to the property were assessed at a total of $176,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,877
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,555
  • Building Area: 1,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,555
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 80 BL 120-602

Ownership

  • Current Owner : LUNGSTROM BRADLEY
  • Current Owner 2: LUNGSTROM FAITH
  • Previous Owner : LAWSON JONATHAN E
  • Previous Owner 2: LAWSON DORI E
  • Owner Before Previous Owner: LOWTHER KAYLA
  • Owner Before Previous Owner 2: GREENWAY MATTHEW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fredericksburg City Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: R8

Geography

  • Parcel: 7789-02-3512
  • Lot: 80
  • Municipality: FREDERICKSBURG CITY PS
  • Latitude: 38.296
  • Longitude: -77.4637

    Address

  • Full Address: 602 Spottswood St
  • Address - House Number: 602
  • Address - Street Name: Spottswood
  • Address - Suffix Type: St
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C032
  • 4-Digit Zip Code: 5734
  • Zip Code: 22401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,596

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 450,509
  • High Value: 529,622
  • Low Value: 371,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,700
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2022
  • First Open Lien Mortgage Loan Amount: $397,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $291,700
  • Market Land Value: $115,000
  • Market Improvement Value: $176,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $291,700
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $176,700

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Transaction ID: 11890371640
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1772
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 19, 2017
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jun 15, 2022
  • First Mortgage Loan Amount: $397,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: C & F MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Sep 01, 2017
  • Previous Mortgage Loan Amount: $294,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fredericksburg



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Nearby Rentals

Unit for rent at

$3,200 /mo

  • 3 Beds
  • 2 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 602 Spottswood Street located in?
The 602 Spottswood Street is a house located in the neighborhood of Fredericksburg in Fredericksburg, Fredericksburg.
What is the average sales price for listings in 602 Spottswood Street?
The average sales price for units in 602 Spottswood Street is $310,000 , or $192/sqft. currently.

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