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713 Lee Avenue
Fredericksburg, VA 22401
Scott Cleveland with RE/MAX Supercenter, original listing - (540) 775-5661
$899,900
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3144 Square Feet
Property Description
JUST LISTED in Downtown Fredericksburg! Elegant, open, colonial charm... and all in the heart of downtown Fredericksburg? Prepare to swoon over all the magic that awaits at 713 Lee Avenue! Constructed in 1929 and tastefully updated throughout the years, this residence spans four bedrooms, 3.5 baths and approximately 3,800 square feet of living space. Let’s talk about this incredible location here, folks – Maury Stadium is a half block north with a playground; Hurkamp Park is a 5-minute stroll north for the weekly farmer’s market; and the William Street and Caroline Street main arteries are within a 10-minute walk. Within a 5-minute drive, you can be to the University of Mary Washington, the Fredericksburg VRE/Amtrak station and I-95 (Route 3 exit)! The lot itself includes a quaint green space, with a sidewalk leading up to its front door. The current owners updated the front porch with Trex decking to complement its stately white columns. Otherwise, note the blueberry bushes and low-maintenance landscaping. The home itself is a moss green with black shutters and a burnt orange door. Out back, the landscaping has been streamlined (note the black diamond crepe myrtles!) as an open green space abounds within the fenced-in yard. Highlights include the deck, an under-deck, rain-proof patio (you can sit under there in the rain or summer sun and be protected!) and hardscaped patio area. Inside and on the main level, it is colonial-meets-modern in the most beautiful way. You’re immediately greeted with the living room and fireplace with white mantle, as stunning crown molding, wainscoting, hearty hardwood floors and natural light gleam throughout much of the main level. Additional main level highlights include the dining room with chandelier, half bath, family room with access to the deck and the kitchen. The kitchen includes cream cabinetry, granite countertops, stainless steel appliances (a Viking range hood and a new $4,000 Thor range!) and an awesome pantry/storage area with shelving, cubbies, and benching. Note the cool chalkboard-esque area just off the kitchen, too. Upstairs are three bedrooms and two baths. The primary bedroom is huge, including a walk-in closet with built-ins and ensuite bath complete with a massive shower (two showerheads and super-sized – you have to see it!). The additional bedrooms are large, and the second full bath upstairs include a unique blue cabinet sink set up and tile-clad tub/shower combo. Rounding out the level are an open space (primed for a home office or sitting area), large hall closet, and we can’t forget the laundry room either here folks which, as of December, has brand-new machinery! The basement includes an open living room with laminate hardwood flooring and access to the lower-level patio, a bedroom and full bath (tub/shower combo). This space could easily be its own suite or income-producing area! Core component-wise, all systems have been regularly maintained and the hot water heater is new as of one month ago – note the instant hot water throughout the home! The residence is served by Fredericksburg City Public Schools with Hugh Mercer Elementary, Walker Grant Middle and James Monroe High School as its designated learning institutions. The pristinely-kept downtown good life awaits at 713 Lee Avenue. Book your showing starting May 18!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1929
MLS Number
--
Location
Address
713 LEE AVENUE
City
FREDERICKSBURG
State
VA
Zip Code
22401
County
SPOTSYLVANIA
Listing
Name
Phone
(540) 775-5661
Office Name
Office Phone
(540) 775-5661
Agent Name
Scott Cleveland
Agency Phone
(540) 775-5661

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.