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$520,000

Beds
4
Baths
3.5
sq ft
3,132

6705 Lakeland Way, Fredericksburg, VA 22407

6705 Lakeland Way

FREDERICKSBURG, VA 22407

  • 21 days on market
    • Price drop $12,500↓
This cul-de-sac colonial home is truly a gem, perfect for relaxation and enjoyment. The front porch offers a serene spot to take in the landscaped front yard. Inside, the pride of ownership shines through with updates throughout. You'll find a formal dining room and living room, along with a beautifully remodeled eat-in kitchen featuring quartz countertops and stainless steel appliances. The family room, complete with a gas fireplace, adds warmth and charm. Upstairs, there are three generously sized secondary bedrooms and a primary bedroom that serves as a retreat, complete with a walk-in closet and an en suite bathroom featuring upgraded LVP flooring, soaking tub, and a maintenance free shower. The lower level expands the living space with large rooms ideal for a game room, exercise room, or recreation area. An updated full bathroom with double sinks and a walk-in shower, as well as a separate laundry room with extra cabinet storage, add convenience. Outside, the backyard is an oasis with a new deck overlooking a private yard, perfect for evening gatherings. A shed provides additional storage, and the flat yard is ideal for children to play, bordered by trees for privacy. With upgraded lighting and flooring throughout, and the peace of mind that comes with recently updated major systems including the roof and hot water heater, this home offers both comfort and convenience. Plus, neighborhood amenities such as a swimming pool and proximity to shopping and schools make it an ideal choice for any family.

Details

Property type

Single Family Residence

Est. home value

$464,696

Lot size

Unknown

Price per sq ft

$167

Year built

2000

Annual property taxes

$2,220

Monthly HOA fee

$56.33

Price History

06/27/2024

Bright #VASP2025802

Price change
$520,000
-2.35%
06/20/2024

Bright #VASP2025802

Listed
$532,500
+15.76%
06/27/2022

Bright #VASP2010008

Sold
$460,000

Schools & Community

Elementary school: 

SMITH STATION

Middle school: 

FREEDOM

High school: 

CHANCELLOR

Community features: 

Pool

School district: 

SPOTSYLVANIA 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

$139,299
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$339,101
Cash to seller
$139,299

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

June 2022

Original loan amount

$451,668

Est. remaining balance

$339,101

Interest rate

5.27%

Loan type

FHA, 7 year

Seller

Myrna C Bridges

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: 07/05/2024 at 10:00 PM

Listing updated: 06/27/2024 at 4:44 PM

Listed by: Lisa Nelson, Century 21 Redwood Realty Phone #: (540) 659-2161

MLS: Bright #VASP2025802

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