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$560,000

Beds
5
Baths
3.5
sq ft
2,733

5 Penningcroft Ln, Fredericksburg, VA 22406

5 Penningcroft Ln

FREDERICKSBURG, VA 22406

  • 10 days on market
Welcome to this stunning, updated 5 bedroom, 3.5 bathroom home where modern style meets incredible space located in Stafford Lakes Village! With three finished levels, there is room for everyone and everything. The open floorplan creates a perfect flow, weather you're hosting friends in the spacious living areas by the fireplace, or enjoying quiet time in the bright and airy kitchen. The main level features beautiful updates, including sleek finishes and ample light. Step outside and enjoy sipping coffee on your front porch, screened-in porch off of the kitchen, or grilling on the deck, even gathering around the stamped concrete patio and fire pit, you will love the backyard retreat. The fully fenced-in backyard ensures ample space to enjoy the outdoors, and the shed provides extra storage for all of your outdoor gear. Plus, the 2-car garage offers plenty of room for vehicles and more. With three levels of finished living space that have been meticulously maintained, this home has all the room you need for work, play, and relaxation. Don't miss out on this gem - schedule a tour today and make this beauty your own!

Details

Property type

Single Family Residence

Est. home value

$530,983

Lot size

9,509 sq ft

Price per sq ft

$205

Year built

2010

Annual property taxes

$3,215

Monthly HOA fee

$77.33

Price History

11/05/2024
Bright

Bright #VAST2033984

Listed
$560,000
+35.92%
09/04/2020
Bright

Bright #VAST223986

Sold
$412,000

Schools & Community

Elementary school: 

ROCKY RUN

Middle school: 

GAYLE

High school: 

COLONIAL FORGE

Community features: 

Pool

School district: 

STAFFORD COUNTY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$287,870
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$227,330
Cash to seller
$287,870

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Navy Federal Credit Union

Loan start date

February 2013

Original loan amount

$320,031

Est. remaining balance

$227,330

Interest rate

3%

Loan type

VA, 30 year

Seller

Kevin D Brown and Rebecca J Brown

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: 11/15/2024 at 4:55 AM

Listing updated: 11/14/2024 at 12:59 PM

Listed by: Stephanie A Hiner, Berkshire Hathaway HomeServices PenFed Realty Phone #: (540) 371-7653

MLS: Bright #VAST2033984

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