Renovated Townhome in the Heart of Fredericksburg – An Investor’s Dream! This beautifully renovated townhome offers a fantastic opportunity in the highly desirable City of Fredericksburg. Whether you're expanding your portfolio or looking for a move-in-ready home to enjoy yourself, this home checks all the boxes. Inside, enjoy a modern, updated interior featuring luxury vinyl plank flooring, plush new carpeting, recessed lighting, and fresh paint throughout. The kitchen is fully renovated with brand-new shaker-style cabinets and stainless steel appliances, making it a standout space for cooking and entertaining. Additional upgrades include new vanities and toilets in both bathrooms, a hot water heater and washer/dryer less than 1 year old, and a roof less than 5 years old. Cozy up to the wood-burning fireplace, or enjoy the fenced rear yard with a private patio. Located just minutes from shopping, dining, I-95, the Rappahannock River, and historic downtown Fredericksburg, this property is ideally situated for strong rental appeal or long-term value growth. Don’t miss out on this turnkey investment opportunity in a prime location!
Sold for $264,900
$264,900
231 Ivanhoe Ct, Fredericksburg, VA 22401
2beds
950sqft
Townhouse
Built in 1977
2,247 Square Feet Lot
$272,700 Zestimate®
$279/sqft
$1,759 Estimated rent
Home value
$272,700
Estimated sales range
Not available
$1,759/mo
Zestimate® history
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$1,797/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michelle Bolte 703-862-1232,
Golston Real Estate Inc.
Bought with:
Mercy Lugo-Struthers, 0225190414
Casals, Realtors
Margaret Falk
Casals, Realtors
Source: Bright MLS,MLS#: VAFB2008300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
- Finished area above ground: 950
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2,247 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 7870002220
- Zoning: R12
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick Veneer, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Central Park Townhomes
HOA
- Has HOA: Yes
- HOA fee: $240 quarterly
Location
- Region: Fredericksburg
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $211,500
- Annual tax amount: $1,629
- Date on market: 5/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $264,900$279/sqft |
Source:  Bright MLS #VAFB2008300 Report a problem | ||
| 6/23/2025 | Contingent | $264,900$279/sqft |
Source: Bright MLS #VAFB2008300 Report a problem | ||
| 5/24/2025 | Listed for sale | $264,900+187.9%$279/sqft |
Source: Bright MLS #VAFB2008300 Report a problem | ||
| 7/1/2016 | Sold | $92,000-7.1%$97/sqft |
Source: Public Record Report a problem | ||
| 6/7/2016 | Listed for sale | $99,000+57.1%$104/sqft |
Source: Partners Real Estate #FB9679289 Report a problem | ||
| 12/10/2012 | Sold | $63,000+16.7%$66/sqft |
Source: Public Record Report a problem | ||
| 12/16/2009 | Sold | $54,000-45.5%$57/sqft |
Source: Public Record Report a problem | ||
| 4/30/2004 | Sold | $99,000+253.6%$104/sqft |
Source: Public Record Report a problem | ||
| 10/16/2000 | Sold | $28,000-8.7%$29/sqft |
Source: Public Record Report a problem | ||
| 7/8/1997 | Sold | $30,670$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,713 +5.2% | $211,500 |
| 2024 | $1,629 +42.4% | $211,500 +64.6% |
| 2023 | $1,144 +3.5% | $128,500 |
| 2022 | $1,105 +3.6% | $128,500 |
| 2021 | $1,067 +63.2% | $128,500 +67.1% |
| 2020 | $654 +400% | $76,900 |
| 2019 | $131 -46.9% | $76,900 |
| 2018 | $246 -58.4% | $76,900 |
| 2017 | $592 | $76,900 +43.2% |
| 2012 | -- | $53,700 -30.3% |
| 2011 | -- | $77,000 |
| 2010 | -- | $77,000 |
| 2009 | -- | $77,000 -46.4% |
| 2008 | -- | $143,700 |
| 2007 | -- | $143,700 |
| 2006 | -- | $143,700 +332.8% |
| 2005 | -- | $33,200 |
| 2004 | -- | $33,200 |
| 2003 | -- | $33,200 +19.9% |
| 2002 | -- | $27,700 |
| 2001 | $313 | $27,700 |
| 2000 | $313 | $27,700 |
Find assessor info on the county website
Neighborhood: Bragg Hill
Nearby homes
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Nearby schools
GreatSchools rating
- 1/10Hugh Mercer Elementary SchoolGrades: K-5Distance: 1.2 mi
- 3/10Walker-Grant Middle SchoolGrades: 6-8Distance: 2.1 mi
- 2/10James Monroe High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Hugh Mercer
- Middle: Walker-grant
- High: James Monroe
- District: Fredericksburg City Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$272,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$272,700
- Virginia
- Fredericksburg City
- Fredericksburg
- 22401
- Bragg Hill
- 231 Ivanhoe Ct
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