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$995,000

Beds
3
Baths
2.5
sq ft
2,963

1403 Washington Ave, Fredericksburg, VA 22401

1403 Washington Ave

FREDERICKSBURG, VA 22401

  • 26 days on market
Unforeseen circumstances have provided a unique opportunity to create a gorgeous home on one of the most prominent streets in downtown Fredericksburg. As one of the smaller homes on the Avenue at just under 3,000 finished square feet, a new owner can create their own piece of paradise amongst the larger Estate homes. Enjoy walking downtown to the area’s best restaurants, art galleries, and shops. The train station is only a mile away and the popular Heritage walking/biking trail is just steps from the front door, with tennis and pickleball courts, a playground, a dog park, and a trout-stocked fishing pond. Extensive renovations have been undertaken and partially completed by Habilis Construction. This includes the reconfiguring of a spacious owner’s suite on the second floor and a more open kitchen/living room area. Most of the original windows have already been repaired/restored, and architectural plans and kitchen designs to complete the project are available. The renovation was designed for 2 full bathrooms on the upper level and a 1/2 bath on the main level and the framing has been done for those spaces. There is an abundance of construction materials (including original doors, windows, siding, and trim) remaining in the house that will convey. The unfinished walk-up attic provides ample headroom and could be turned into a 4th bedroom, playroom, office, etc. There is alley access on Hawke Street that can allow for off-street parking and a garage. The property is being sold strictly as-is and will have to be a cash or construction loan sale. The photos are an accurate portrayal of the current condition.

Details

Property type

Single Family Residence

Est. home value

$874,496

Property condition

Fixer

Lot size

6,534 sq ft

Price per sq ft

$336

Year built

1902

Annual property taxes

$5,316

HOA

No

Price History

11/26/2024
Bright

Bright #VAFB2007234

Listed
$995,000
+20.61%
01/03/2024
Bright

Bright #VAFB2004736

Sold
$825,000

Schools & Community

Elementary school: 

HUGH MERCER

Middle school: 

WALKER GRANT

High school: 

JAMES MONROE

Community features: 

Sidewalks

School district: 

FREDERICKSBURG CITY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

M&T Bank

Loan start date

January 2024

Original loan amount

$577,500

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

New Conventional

Seller

Christopher Thomas Kucera and Zachary Cade Hatcher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:35 AM

Listing updated: 11/29/2024 at 1:40 PM

Listed by: Suzy Stone, Lando Massey Real Estate Phone #: (540) 368-1234

MLS: Bright #VAFB2007234

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