For sale

$315,000

111 Forbes St, Fredericksburg, VA 22405

2beds

672sqft

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Single Family Residence

Built in 1924

7,501 Square Feet Lot

$312,500 Zestimate^®

$469/sqft

$-- HOA

What's special

Fenced backyardUpdated bathroomLarge lotRenovated bungalowNew flooringGenerously sized bedroomsSpacious kitchen

SELLER MOTIVATED TO SELL!! GREAT INVESTIMATE PROPERTY! Adorable renovated bungalow just minutes from downtown Fredericksburg. This cozy 2‑bedroom, 1‑bath home has been thoughtfully updated throughout and is truly move‑in ready. Enjoy a spacious kitchen featuring quartz countertops, new cabinetry, stainless steel appliances, and a modern tile backsplash. Generously sized bedrooms, fresh custom paint, an updated bathroom, new flooring, and upgraded lighting add to the home’s charm and comfort. The property sits on a large lot plus an additional adjoining lot directly behind the home, offering extra space and future potential. A fenced backyard provides privacy and room to relax or entertain. Surrounded by an abundance of nearby amenities, this location is ideal for homeowners and investors alike. With an attractive price point, it’s a fantastic opportunity for first‑time buyers. Homes like this don’t stay on the market long—schedule your showing today before it’s gone.

107 days

724

33

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Rooms

Room types: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1

Bedroom 1

Features: Flooring - Carpet, Ceiling Fan(s)
Level: Main

Bedroom 2

Features: Flooring - Carpet
Level: Main

Bathroom 1

Features: Flooring - Ceramic Tile
Level: Main

Dining room

Features: Flooring - Luxury Vinyl Plank
Level: Main

Kitchen

Features: Countertop(s) - Quartz, Flooring - Luxury Vinyl Plank
Level: Main

Living room

Features: Fireplace - Other, Flooring - Luxury Vinyl Plank
Level: Main

Heating

Forced Air, Oil

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Oven/Range - Electric, Dryer, Ice Maker, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Tankless Water Heater, Electric Water Heater
Laundry: Has Laundry, Main Level, Washer In Unit, Dryer In Unit

Features

Kitchen - Table Space, Primary Bath(s), Entry Level Bedroom, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Galley, Upgraded Countertops, 9'+ Ceilings, Plaster Walls
Flooring: Luxury Vinyl, Carpet, Wood
Has basement: No
Has fireplace: No

Interior area

Total structure area: 672
Total interior livable area: 672 sqft
Finished area above ground: 672
Finished area below ground: 0

Property

Parking

Parking features: Asphalt, Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Deck, Enclosed, Porch
Pool features: None
Fencing: Full,Wood

Lot

Size: 7,501 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 53D 1 14
Zoning: R1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Combination, Vinyl Siding, Stick Built
Foundation: Crawl Space
Roof: Architectural Shingle

Condition

Very Good
New construction: No
Year built: 1924
Major remodel year: 2023

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Falmouth

HOA

Has HOA: No

Location

Region: Fredericksburg

Financial & listing details

Price per square foot: $469/sqft
Tax assessed value: $275,700
Annual tax amount: $2,179
Date on market: 3/29/2026
Listing agreement: Exclusive Right To Sell
Inclusions: Addition Lot Tax Id # 53d-1-14a . Directly Behind Home Lot. Lot Size 0.1682 / 7325 Sq Feet Per Tax Assessor.
Ownership: Fee Simple
Road surface type: Black Top

Estimated market value

$312,500

$297,000 - $328,000

$1,797/mo

Price history

Date	Event	Price
3/30/2026	Price change	$315,000-1.9%$469/sqft
Source: Bright MLS #VAST2047428 Report a problem
1/15/2026	Listed for sale	$321,000+16.9%$478/sqft
Source: Bright MLS #VAST2044672 Report a problem
8/11/2023	Sold	$274,500+1.7%$408/sqft
Source: Bright MLS #VAST2022130 Report a problem
7/19/2023	Pending sale	$269,900$402/sqft
Source: Bright MLS #VAST2022130 Report a problem
6/16/2023	Listed for sale	$269,900+404.5%$402/sqft
Source: Bright MLS #VAST2022130 Report a problem
9/1/1987	Sold	$53,500$80/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,148 +3.4%	$232,600
2024	$2,079 +36.1%	$232,600 +36.7%
2023	$1,528 +5.6%	$170,200
2022	$1,447 +11.6%	$170,200 +27.4%
2021	$1,296	$133,600
2020	$1,296 +4.1%	$133,600 +8.4%
2019	$1,245 +2%	$123,300
2018	$1,221	$123,300
2017	--	$123,300
2016	--	$123,300 +8.3%
2015	--	$113,900
2014	--	$113,900 +10.9%
2013	--	$102,700
2012	--	$102,700 -4.6%
2011	--	$107,600
2010	--	$107,600 -21.2%
2009	--	$136,500
2008	--	$136,500 -11.4%
2006	--	$154,000
2005	--	$154,000 +151.2%
2004	--	$61,300 +23.8%
2003	--	$49,500
2002	--	$49,500

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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