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215 Lorraine Ave

Fredericksburg, VA 22408

3 bd 1 ba 1,452 sqft Built 1950 Lot 4,500 sqft single_family
Most recent sale
$319,900
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $319,900 MLS #VASP2012038
Sep 1, 2022 Price changed $319,900 MLS #VASP2012038
Aug 24, 2022 Price changed $325,000 MLS #VASP2012038
Aug 19, 2022 Price changed $329,900 MLS #VASP2012038
Aug 14, 2022 Listed $339,900 MLS #VASP2012038
Apr 6, 2022 Sold $217,000 MLS #VASP2007404
Mar 2, 2022 Listed $250,000 MLS #VASP2007404

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,000 $50,000 $367
2023 $38,000 $38,000 $293
2022 $38,000 $38,000 $280
2021 $30,000 $30,000 $243
2020 $30,000 $30,000 $243
2019 $24,000 $24,000 $203
2018 $24,000 $24,000 $200
2017 $22,000 $22,000 $187
2016 $22,000 $22,000 $187
2015 $18,000 $18,000 $155
2014 $18,000 $18,000 $155

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,452 sqft
Lot size
4,500 sqft
ZIP code
22408
City
Fredericksburg
Street
Lorraine Ave
Coordinates
38.25838, -77.48939

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
$2,178
Gross rental yield
8.17%
Implied cap rate
5.31%
Trend-extrapolated value

Frequently asked questions

When did 215 Lorraine Ave last sell?
215 Lorraine Ave most recently sold on Sep 30, 2022 for $319,900.
What is the current tax assessment for 215 Lorraine Ave?
The most recent total assessment for 215 Lorraine Ave (year 2025) is $50,000 with $367 in property tax.
How does 215 Lorraine Ave's assessment compare to its last sale price?
The current assessment is 84.4% below the last sale price of $319,900.
When was 215 Lorraine Ave built?
215 Lorraine Ave was built in 1950.
How does 215 Lorraine Ave compare to others on Lorraine Ave?
We track 8 other properties on Lorraine Ave. Browse the list under "Other properties on Lorraine Ave" to compare beds, baths, and sale history.
What are the property facts for 215 Lorraine Ave?
215 Lorraine Ave is a 3 bed, 1 bath, 1,452 sqft, 4,500 sqft lot single_family.
Is 215 Lorraine Ave a flip candidate?
Yes — 215 Lorraine Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 215 Lorraine Ave a tax-appeal candidate?
No — 215 Lorraine 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
-1.8%
Implied 1-yr
-7.1%
2026 Q3
$452.3K
2026 Q4
$443.3K
ZIP 22408 — Median Price History + Forecast

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