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121 Forbes St, Fredericksburg, VA, 22405

5beds
4baths
3,000sqft
$575,000
$192price/sqft
$3,795/moest. monthly cost
$151,800/yrincome needed

About This Home

Welcome to this 5-Bedroom, 3.5-Bath Home Built in 2020, Minutes from Downtown Fredericksburg This 2020-built home offers 5 bedrooms, 3.5 bathrooms, and three fully finished levels in Stafford County with a Fredericksburg address. The backyard backs to trees with a full privacy fence, a new full-size deck, a poured concrete patio, and a dedicated firepit area — private outdoor living minutes from town. The kitchen features granite countertops and stainless steel appliances. The primary bathroom includes a soaking tub and separate shower. Laundry sits on the upper bedroom level, where it belongs. A 2-car garage handles parking and storage. Location does the heavy lifting: minutes to downtown Fredericksburg's restaurants and shops, I-95, the Leeland Road VRE for DC commuters, Mary Washington Hospital, and Central Park shopping — with Stafford County taxes and schools. Ideal for buyers searching for newer 5-bedroom homes near Fredericksburg, commuter-friendly homes near I-95, or move-in-ready three-level homes in Stafford County.. Don't miss the chance to make it yours!

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

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

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Permanent
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 800

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 800
  • Finished area above ground: 2,200

Heating & Cooling

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

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 53 107A
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $2,907$34,884
Home Insurance *$164$1,968
Property Taxes $436$5,232
Electricity $288$3,467
Total$3,795$45,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,114/yr
40% on housing$113,850/yr
45% on housing$101,200/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

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 22405$242
Stafford County$226

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
2026-07-27Price change$575,000
2026-07-03Listed for sale$600,000
2020-06-22Sold$370,000

For Sale by Agent

AgentRon Chronister
BrokerageReal Broker, LLC

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