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540 Connelly Drive

540 Connelly Drive, Fredericksburg, VA 22406
Property in Stafford
Sold Dec 10, 2021
$1,287,222
$1,200,000 by First Heritage Mortgage Llc
Mortgage
Sold Feb 25, 2021
$360,000
Local assessors in Fredericksburg, VA have categorized 540 Connelly Drive as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 130,898 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 7 full bathrooms. There are also 8 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 540 Connelly Drive has a total of 5,521 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 3,224 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 2,100 sqft. There are 7 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 8, 2021 for $1,287,222. That's $233.15 per sqft. Prior to that sales transaction, the property was also sold in Feb 25, 2021 for $360,000. 540 Connelly Drive was last assessed in 2023. The total value of the property was assessed at $1,074,900. Specifically, the land the property is located on was valued at $175,000. While improvements on the property were assessed at a total of $899,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,173. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Traditional
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 3,224
  • Garage Type: Mixed use
  • Garage Square Area: 2,100
  • Parking Space Count: 7
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 130,898
  • Total Building Area: 5,521
  • Building Area: 5,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 5,521
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EST MONROE PLACE
  • Land Acres: 3.005
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 13 3.0050 AC THE ESTATES AT MONROE PLACE PM190000109

Ownership

  • Current Owner : CAMPBELL HARRY
  • Current Owner 2: CAMPBELL JESSICA
  • Previous Owner : AUGUSTINE HOMES LLC
  • Owner Before Previous Owner: C & F INVESTMENTS OF VA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Stafford County Public Schools
  • Census Tract: 010305

Zoning

  • Zoning: A1- AG MIN

Geography

  • Account Number: 58880
  • District: 05
  • Parcel: 43W-13
  • Municipality: FALMOUTH HARTWOOD
  • Latitude: 38.3712
  • Longitude: -77.5716

    Address

  • Full Address: 540 Connelly Dr
  • Address - House Number: 540
  • Address - Street Name: Connelly
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: R058
  • 4-Digit Zip Code: 5377
  • Zip Code: 22406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,173

    Appraisal Valuation

  • Standard Deviation: 0.0789
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 94
  • Final Value: 1,219,502
  • High Value: 1,315,731
  • Low Value: 1,123,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $1,074,900
  • Market Land Value: $175,000
  • Market Improvement Value: $899,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,074,900
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $899,900

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11875851188
  • Current Sale Price: $1,287,222
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 210040795
  • Previous Sale Recording Date: Feb 25, 2021
  • Previous Sale Contract Date: Feb 25, 2021
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 540 Connelly Drive located in?
The 540 Connelly Drive is a located in the neighborhood of Stafford in Stafford, Fredericksburg.
What is the average sales price for listings in 540 Connelly Drive?
The average sales price for units in 540 Connelly Drive is $0 currently.

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