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701 Payton Dr

Fredericksburg, VA 22405

5 bd 2 ba 1,920 sqft Built 1970 Lot 23,087 sqft single_family
Most recent sale
$399,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 30, 2025 Price changed for rent $2,900 BrightMLS
Jan 30, 2025 Listed $516,000 BrightMLS
Nov 22, 2024 Listed for rent $3,100 BrightMLS
Jun 10, 2022 Sold $399,000 MLS #VAST2011208
May 5, 2022 Listed $389,900 MLS #VAST2011208
Nov 4, 2003 Sold $184,900 Public Record
Mar 12, 2003 Sold $99,398 Public Record
Aug 9, 2001 Sold $108,000 Public Record
Aug 1, 2001 Sold $108,000 Public Record
Jan 1, 1979 Sold $49,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $261,300 $105,000 $366,300 $3,595
2025 $236,400 $95,000 $331,400 $3,104
2024 $236,400 $95,000 $331,400 $3,004
2023 $154,300 $90,000 $244,300 $2,308
2022 $154,300 $90,000 $244,300 $2,076
2021 $111,300 $65,000 $176,300 $1,710
2020 $111,300 $65,000 $176,300 $1,710
2019 $112,500 $65,000 $177,500 $1,792
2018 $112,500 $65,000 $177,500 $1,757
2017 $103,600 $65,000 $168,600 $1,669
2016 $103,600 $65,000 $168,600 $1,669
2015 $91,200 $65,000 $156,200 $1,591
2014 $91,200 $65,000 $156,200 $1,591
2013 $85,200 $65,000 $150,200 $1,607
2012 $85,200 $65,000 $150,200 $1,607
2011 $81,400 $75,000 $156,400 $1,689
2010 $81,400 $75,000 $156,400 $1,720
2009 $127,800 $90,000 $217,800 $1,829
2008 $127,800 $90,000 $217,800 $1,829
2007 $162,900 $75,000 $237,900 $1,665

Property facts

Year built
1970
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,920 sqft
Lot size
23,087 sqft
ZIP code
22405
City
Fredericksburg
Street
Payton Dr
Coordinates
38.32271, -77.42997

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
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 701 Payton Dr last sell?
701 Payton Dr most recently sold on Jun 10, 2022 for $399,000.
What is the current tax assessment for 701 Payton Dr?
The most recent total assessment for 701 Payton Dr (year 2026) is $366,300 with $3,595 in property tax.
How does 701 Payton Dr's assessment compare to its last sale price?
The current assessment is 8.2% below the last sale price of $399,000.
When was 701 Payton Dr built?
701 Payton Dr was built in 1970.
How does 701 Payton Dr compare to others on Payton Dr?
We track 8 other properties on Payton Dr. Browse the list under "Other properties on Payton Dr" to compare beds, baths, and sale history.
What are the property facts for 701 Payton Dr?
701 Payton Dr is a 5 bed, 2 bath, 1,920 sqft, 23,087 sqft lot single_family.
Is 701 Payton Dr a flip candidate?
No — 701 Payton Dr does not appear in our flips dataset.
Is 701 Payton Dr a tax-appeal candidate?
No — 701 Payton Dr 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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