511 Princess Anne Street

511 Princess Anne Street

Fredericksburg, VA 22401

$540,000
Last Sold Price
—
Beds
2,281 Sq. Ft.
$237 / Sq. Ft.
2,281
Sq. Ft.
$237
per Sq. Ft.

Closed 4/5/21

Closed 4/5/21

Description

This property offers so many possibilities! With two separate units, attached by one wall, you can live in one and rent the other. Or, rent them both. The current owner renovated the property in 2020 installing new kitchens, bathrooms, upgrading gas lines, and more. There are tenants in the front apartment until April 2021. The apartment currently rents for $2100 and could easily be rented for $2300. The rear apartment has not been rented as the owner uses it when he is in town. However, the rent...This property offers so many possibilities! With two separate units, attached by one wall, you can live in one and rent the other. Or, rent them both. The current owner renovated the property in 2020 installing new kitchens, bathrooms, upgrading gas lines, and more. There are tenants in the front apartment until April 2021. The apartment currently rents for $2100 and could easily be rented for $2300. The rear apartment has not been rented as the owner uses it when he is in town. However, the rent on that one would likely be $1200 or so. There is on-street parking available, as well as a parking lot next door where spaces can be leased. Close proximity to the train station, restaurants, farmers market, bike trail and so much more. The front unit has 1.5 bathrooms and three bedrooms (one is the attic room). The rear unit has one bedroom and one full bath.
  1. Listed by Heather Hagerman • Coldwell Banker Elite
    P: 5403694622 hhagerman@me.com

Property Details for 511 Princess Anne Street

Tax ID Number
7789-23-0690
Ownership
Fee Simple
HOA
No
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Central Air
Yes

Location

Listing Courtesy of Coldwell Banker Elite

Sold By EXIT Realty Group

Add your commute
LISTING UPDATED: 10/02/2021 09:03 AM

Property Details for 511 Princess Anne Street

StatusClosed
MLS #VAFB118528
Days on Market26
Taxes$4,159 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1850
Lot Size0.09 AC / 3,999 SF
CountyFredericksburg

Location

Listing Courtesy of Coldwell Banker Elite

Sold By EXIT Realty Group

Add your commute

Building Information for 511 Princess Anne Street

Stories-Residences2Year Built1850Building Size-Lot Size0.09 AC / 3,999 SF

Payment Calculator

$3,294 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,947

Property Taxes

$347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 Princess Anne Street

Location
Location
  • In City Limits: Yes
  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • School District County ID: 121137587137
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICKSBURG CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $489,400
  • Year Assessed: 2020
  • Improvement Assessed Value: $249,500
  • City Town Tax: $4,159
  • Land Assessed Value: $239,900
  • Clean Green Assessed: No
  • Land Use Code: 003
  • Zoning: CD
  • Tax Lot: 14
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Units Leased Count: 1
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $25,000
  • Existing Lease Type: Gross
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 19865545
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas, Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Natural Gas, Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 511 Princess Anne Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 Princess Anne Street

Taxable ValueLand$239,900Additions$187,600Total$427,500
Tax Record2024$3,805 ($317 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,283 SqFtAbove Grade Finished SqFt2,283 SqFtStories3Lot Size4,008 SqFtStyleSingle Family ResidenceYear Built1850ZoningCDCountyFREDERICKSBURG CITYAPN7789-23-0690

Schools near 511 Princess Anne Street

This home is within Fredericksburg City Public Schools.
Rating
School
Type
Grades
Distance
Hugh Mercer Elementary School
Public - K to 2
Lafayette Upper Elementary School
Public - 3 to 5
Walker-Grant Middle School
Public - 6 to 8
James Monroe High School
Public - 9 to 12
Rating
School
Distance
Hugh Mercer Elementary School
PublicK to 2

Lafayette Upper Elementary School
Public3 to 5

Walker-Grant Middle School
Public6 to 8

James Monroe High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Elite

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/02/2021 09:03 AM