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$1,179,950

Beds
4
Baths
4.0
sq ft
5,358

407 Hanover St, Fredericksburg, VA 22401

407 Hanover St

FREDERICKSBURG, VA 22401

  • 575 days on market
    • Price drop $20,050↓
Own a rare piece of history in Fredericksburg with one of four townhouses of this style built before the Civil War. This Historic Bruce-Coakley home was built in 1843 and has wonderful Traditional Greek Revival touches throughout. 407 Hanover St has four bedrooms, three full baths and two half baths. Home has original Heart Pine Plank Floors, Shutters, Woodwork around windows and doors, which have been maintained through the years. The moldings around the Windows, and Doors all have touches from the Greek Revival. The fireplaces mantels on the first and second levels are refined statements of the Greek Era. The fireplaces on the first level feature Ionic Pilasters, while the second level fireplaces retain the feel of the early Federal Era. There are Eight fireplaces throughout the home. Each Bedroom on the second level, Dining Room and all Drawing Rooms have a fireplace. Fireplaces have been rebuilt to their original appearance, lined and dampers have been installed. Home has new roof replaced in 2022. Home has been updated with plumbing and electrical through the years. Backyard is professionally landscaped and was featured in 1996 and 2002 for Historic Garden week in Virginia. Both home and garden has been toured by Resident Associates of The Smithsonian. For a complete history of 407 Hanover St please see MLS documents or email agent for a copy. Home is ready for new owner personal touches. 407 Hanover St is located in the heart of downtown Fredericksburg, which is close to restaurants, entertainment, grocery stores(Giant, and Wegmans), walking or biking trails, Riverview Park, VRE and minutes away from Central Park and I-95.

Details

Property type

Townhouse

Est. home value

$1,131,347

Lot size

3 sq ft

Price per sq ft

$221

Year built

1843

Annual property taxes

$5,053

HOA

No

Price History

03/10/2023
Bright

Bright #VAFB2003586

Listed
$1,179,950

Schools & Community

Elementary school: 

HUGH MERCER

Middle school: 

WALKER GRANT

High school: 

JAMES MONROE

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

Pnc Reverse Mortgage Llc

Loan start date

November 2010

Original loan amount

$938,250

Est. remaining balance

Not provided

Interest rate

4.32%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 82 year

Seller

Gary Lee Johnson and Tony P Wrenn

Lender

Pnc Mortgage Llc

Loan start date

May 2009

Original loan amount

$675,000

Est. remaining balance

Not provided

Interest rate

3.08%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 83 year

Seller

Gary L Johnson and Tony P Wrenn

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: 10/04/2024 at 8:10 PM

Listing updated: 08/14/2024 at 7:34 AM

Listed by: Jamaal B Carey, Weichert, REALTORS Phone #: (703) 527-3300

MLS: Bright #VAFB2003586

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