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15 Foster Rd, Cumberland, VA, 23040

6beds
5baths
3,484sqft
$350,000
$100price/sqft
$2,383/moest. monthly cost
$95,320/yrincome needed

About This Home

Commercial Property located behind Cumberland Courthouse on Foster Road. Brick property with lots of office space and plenty of bathrooms. Could possibly house multiple commercial businesses or multiple rentals. Equipped for wheelchair access. Great Investment opportunity. AS-IS where is.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

3/10
Cumberland Middle SchoolGrades 5-80.4 mi
7/10
Cumberland High SchoolGrades 9-120.5 mi
5/10

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Block,Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • 1/2 bathrooms: 5

Heating

  • Heating features: Heat Pump

Interior Area

  • Total structure area: 3,484
  • Total interior livable area: 3,484 sqft

Property

Details

  • Parcel number: 057A1A2

Features

  • Waterfront features: No Surface Water

Lot

  • Lot size: 0.50 Acres

Parking

  • Parking features: No Garage,Asphalt
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Hurricane
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$125$1,500
Property Taxes $154$1,848
Electricity $335$4,026
Total$2,383$28,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,702/yr
40% on housing$71,490/yr
45% on housing$63,546/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -5.6%
-5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 23040$217
Cumberland County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 23040
Cumberland County$204

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$350,000
2026-07-16Listed for sale$368,000

For Sale by Agent

AgentDana Phillips
BrokerageRMG Realty Inc.

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