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640 Lancaster St

Fredericksburg, VA 22405

5 bd 4 ba 4,131 sqft Built 1998 Lot 37,113 sqft single_family
Most recent sale
$650,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $650,000 MLS #VAST2009614
Mar 24, 2022 Listed $622,000 MLS #VAST2009614
Apr 8, 2020 Sold $499,000 MLS #VAST219180
Mar 6, 2020 Listed $499,000 MLS #VAST219180
Apr 8, 2004 Sold $450,000 Public Record
Feb 23, 1998 Sold $229,826 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $452,700 $140,000 $592,700 $5,551
2024 $452,700 $140,000 $592,700 $5,374
2023 $364,400 $125,000 $489,400 $4,624
2022 $364,400 $125,000 $489,400 $4,159
2021 $315,400 $90,000 $405,400 $3,932
2020 $315,400 $90,000 $405,400 $3,932
2019 $314,900 $90,000 $404,900 $4,090
2018 $314,900 $90,000 $404,900 $4,009
2017 $314,900 $90,000 $404,900 $4,009
2016 $314,900 $90,000 $404,900 $4,009
2015 $285,400 $100,000 $385,400 $3,927
2014 $285,400 $100,000 $385,400 $3,927
2013 $248,800 $100,000 $348,800 $3,732
2012 $248,800 $100,000 $348,800 $3,732
2011 $280,500 $110,000 $390,500 $4,217
2010 $280,500 $110,000 $390,500 $4,296
2009 $299,800 $120,000 $419,800 $3,526
2008 $299,800 $120,000 $419,800 $3,526
2007 $401,700 $110,000 $511,700 $3,581

Property facts

Year built
1998
Property type
single_family
Stories
3
Beds
5
Baths
4
Living area
4,131 sqft
Lot size
37,113 sqft
ZIP code
22405
City
Fredericksburg
Street
Lancaster St
Coordinates
38.32279, -77.45666

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,197
Gross rental yield
11.44%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 640 Lancaster St last sell?
640 Lancaster St most recently sold on Apr 25, 2022 for $650,000.
What is the current tax assessment for 640 Lancaster St?
The most recent total assessment for 640 Lancaster St (year 2025) is $592,700 with $5,551 in property tax.
How does 640 Lancaster St's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $650,000.
When was 640 Lancaster St built?
640 Lancaster St was built in 1998.
How does 640 Lancaster St compare to others on Lancaster St?
We track 8 other properties on Lancaster St. Browse the list under "Other properties on Lancaster St" to compare beds, baths, and sale history.
What are the property facts for 640 Lancaster St?
640 Lancaster St is a 5 bed, 4 bath, 4,131 sqft, 37,113 sqft lot single_family.
Is 640 Lancaster St a flip candidate?
No — 640 Lancaster St does not appear in our flips dataset.
Is 640 Lancaster St a tax-appeal candidate?
No — 640 Lancaster St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$541.2K
2026 Q4
$546K
ZIP 22405 — Median Price History + Forecast

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