3 Wallace Farms Ln
Fredericksburg, VA 22406
5 bd 4 ba 3,654 sqft Built 1999 Lot 132,662 sqft single_family
Most recent sale
$624,900
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $624,900 | MLS #VAST2011486 |
| May 6, 2022 | Listed | $624,900 | MLS #VAST2011486 |
| Jul 14, 2013 | Listing removed | $2,450 | MRIS |
| Apr 9, 2013 | Listed for rent | $2,450 | MRIS |
| Jun 30, 2010 | Sold | $385,000 | Public Record |
| May 8, 2010 | Listing removed | $399,900 | MRIS |
| Apr 18, 2010 | Listed | $399,900 | MLS #ST7314525 |
| Feb 29, 2000 | Sold | $219,464 | Public Record |
| Jun 1, 1990 | Sold | $79,000 | Public Record |
| Jan 1, 1989 | Sold | $600,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $417,500 | $160,100 | $577,600 | $5,410 |
| 2024 | $417,500 | $160,100 | $577,600 | $5,237 |
| 2023 | $327,800 | $145,100 | $472,900 | $4,468 |
| 2022 | $327,800 | $145,100 | $472,900 | $4,019 |
| 2021 | $295,300 | $130,100 | $425,400 | $4,126 |
| 2020 | $295,300 | $130,100 | $425,400 | $4,126 |
| 2019 | $257,400 | $130,100 | $387,500 | $3,914 |
| 2018 | $257,400 | $130,100 | $387,500 | $3,836 |
| 2017 | $251,900 | $130,100 | $382,000 | $3,782 |
| 2016 | $251,900 | $130,100 | $382,000 | $3,782 |
| 2015 | $229,100 | $130,100 | $359,200 | $3,660 |
| 2014 | $229,100 | $130,100 | $359,200 | $3,660 |
| 2013 | $236,900 | $120,100 | $357,000 | $3,820 |
| 2012 | $236,900 | $120,100 | $357,000 | $3,820 |
| 2011 | $216,800 | $120,100 | $336,900 | $3,639 |
| 2010 | $216,800 | $120,100 | $336,900 | $3,706 |
| 2009 | $262,100 | $215,100 | $477,200 | $4,008 |
| 2008 | $262,100 | $215,100 | $477,200 | $4,008 |
| 2007 | $371,000 | $148,300 | $519,300 | $3,635 |
Property facts
Year built
1999
Property type
single_family
Stories
3
Beds
5
Baths
4
Living area
3,654 sqft
Lot size
132,662 sqft
ZIP code
22406
City
Fredericksburg
Street
Wallace Farms Ln
Coordinates
38.37253, -77.49753
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,481
Gross rental yield
10.53%
Implied cap rate
6.84%
Trend-extrapolated value
—
Frequently asked questions
When did 3 Wallace Farms Ln last sell?
3 Wallace Farms Ln most recently sold on Jun 10, 2022 for $624,900.
What is the current tax assessment for 3 Wallace Farms Ln?
The most recent total assessment for 3 Wallace Farms Ln (year 2025) is $577,600 with $5,410 in property tax.
How does 3 Wallace Farms Ln's assessment compare to its last sale price?
The current assessment is 7.6% below the last sale price of $624,900.
When was 3 Wallace Farms Ln built?
3 Wallace Farms Ln was built in 1999.
How does 3 Wallace Farms Ln compare to others on Wallace Farms Ln?
We track 4 other properties on Wallace Farms Ln. Browse the list under "Other properties on Wallace Farms Ln" to compare beds, baths, and sale history.
What are the property facts for 3 Wallace Farms Ln?
3 Wallace Farms Ln is a 5 bed, 4 bath, 3,654 sqft, 132,662 sqft lot single_family.
Is 3 Wallace Farms Ln a flip candidate?
No — 3 Wallace Farms Ln does not appear in our flips dataset.
Is 3 Wallace Farms Ln a tax-appeal candidate?
No — 3 Wallace Farms Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$782.7K
2026 Q4
$810.8K
ZIP 22406 — Median Price History + Forecast
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Geography
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