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111 Forbes St, Fredericksburg, VA, 22405

2beds
1baths
672sqft
$305,000
$454price/sqft
$2,063/moest. monthly cost
$82,520/yrincome needed

About This Home

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.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

4/10
3/10
Stafford Sr. High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1924

Materials

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

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • 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 features: Has Laundry,Main Level,Washer In Unit,Dryer In Unit

Bathroom1

  • Features: Flooring - Ceramic Tile
  • Level: Main

Bedroom1

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

Bedroom2

  • Features: Flooring - Carpet
  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Features: Flooring - Luxury Vinyl Plank
  • Level: Main

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
  • Finished area below ground: 0
  • Finished area above ground: 672

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 672
  • Total interior livable area: 672 sqft

Kitchen

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

Living Room

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

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 53D 1 14
  • Zoning: R1
  • Special condition: Standard

Features

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

Lot

  • Lot size: 7,501 sqft

Parking

  • Parking features: Asphalt,Driveway
  • 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

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
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 $1,542$18,504
Home Insurance *$87$1,044
Property Taxes $232$2,784
Electricity $202$2,433
Total$2,063$24,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,731/yr
40% on housing$61,890/yr
45% on housing$55,013/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$454This listing

vs Other Active Listings

Avg $/sqft

ZIP 22405$243
Stafford County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 22405$204
Stafford County$215

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
2026-03-30Price change$315,000
2026-01-15Listed for sale$321,000
2023-08-11Sold$274,500
2023-07-19Pending sale$269,900
2023-06-16Listed for sale$269,900
1987-09-01Sold$53,500

For Sale by Agent

AgentCheri Post
BrokerageBelcher Real Estate, LLC.

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