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706 Lee Ave

Fredericksburg, VA 22401

3 bd 2 ba 1,920 sqft Built 1895 Lot 3,485 sqft single_family
Most recent sale
$550,000
Oct 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2023 Sold $450,000 BrightMLS
Oct 14, 2022 Listed $500,000 MLS #VAFB2002894
Oct 10, 2022 Sold $550,000 MLS #VAFB2002904
Oct 29, 1993 Sold $127,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $183,100 $200,000 $383,100 $3,180
2020 $135,300 $200,000 $335,300 $2,850
2019 $135,300 $200,000 $335,300 $2,682
2018 $135,300 $200,000 $335,300 $2,682
2017 $135,300 $200,000 $335,300 $2,682
2016 $135,300 $200,000 $335,300 $2,582
2015 $110,200 $155,000 $265,200 $2,095
2014 $110,200 $155,000 $265,200 $1,962
2013 $110,200 $155,000 $265,200 $981
2012 $110,200 $155,000 $265,200 $2,017
2011 $125,200 $155,000 $280,200 $2,017
2010 $125,200 $155,000 $280,200 $1,905
2009 $125,200 $155,000 $280,200 $2,216
2008 $195,800 $200,000 $395,800 $2,098

Property facts

Year built
1895
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,920 sqft
Lot size
3,485 sqft
ZIP code
22401
City
Fredericksburg
Street
Lee Ave
Coordinates
38.29748, -77.46447

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
$2,880
Gross rental yield
6.28%
Implied cap rate
4.08%
Trend-extrapolated value

Frequently asked questions

When did 706 Lee Ave last sell?
706 Lee Ave most recently sold on Oct 10, 2022 for $550,000.
What is the current tax assessment for 706 Lee Ave?
The most recent total assessment for 706 Lee Ave (year 2021) is $383,100 with $3,180 in property tax.
How does 706 Lee Ave's assessment compare to its last sale price?
The current assessment is 30.3% below the last sale price of $550,000.
When was 706 Lee Ave built?
706 Lee Ave was built in 1895.
How does 706 Lee Ave compare to others on Lee Ave?
We track 8 other properties on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 706 Lee Ave?
706 Lee Ave is a 3 bed, 2 bath, 1,920 sqft, 3,485 sqft lot single_family.
Is 706 Lee Ave a flip candidate?
No — 706 Lee Ave does not appear in our flips dataset.
Is 706 Lee Ave a tax-appeal candidate?
No — 706 Lee Ave 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$698.1K
2026 Q4
$697.8K
ZIP 22401 — Median Price History + Forecast

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