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12423 Josephine Ln, Fredericksburg, VA, 22407

4beds
3baths
2,768sqft
$694,990
$251price/sqft
$4,409/moest. monthly cost
$176,360/yrincome needed

About This Home

THE BUILDER HAS JUST MADE A HUGE PRICE REDUCTION!!!★ THIS HOME IS TO BE BUILT. THE PHOTOS ARE SHOWING A PREVIOUSLY BUILT HOME THAT HAS OPTIONS THAT ARE NOT INCLUDED IN THE BASE (ADVERTISED) PRICE—Discover Joseph's Landing: A premier new-home community ideally located near Riverbend High School. Enjoy exceptional convenience with shopping, dining, and medical facilities just moments away. Consult directly with the builder to customize a home from the selection of five distinct floor plans, available on premium lots. Visit Joseph's Landing today to start building your dream lifestyle.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

6/10
4/10
Chancellor Middle SchoolGrades 6-82.0 mi
6/10
Riverbend High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes

Materials

  • Foundation: Permanent
  • Roof: Shingle
  • Construction materials: Stone,Vinyl Siding

Other

  • Builder model: TO-BE-BUILT
  • Builder name: WESTBROOKE HOMES,LLC

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Cooktop,Dishwasher,Ice Maker,Oven,Range Hood,Refrigerator,Stainless Steel Appliance(s),Water Dispenser,Water Heater,Electric Water Heater
  • Laundry features: Hookup,Upper Level,Washer/Dryer Hookups Only,Laundry Room,Mud Room

Basement

  • Has basement: Yes
  • Basement: Connecting Stairway,Partial,Improved,Partially Finished,Heated,Interior Entry,Space For Rooms

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

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

Breakfast Room

  • Level: Main

Dining Room

  • Level: Main

Features

  • Attic,Breakfast Area,Built-in Features,Combination Kitchen/Dining,Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Open Floorplan,Formal/Separate Dining Room,Eat-in Kitchen,Kitchen Island,Pantry,Primary Bath(s),Recessed Lighting,Soaking Tub,Bathroom - Stall Shower,Bathroom - Tub Shower,Upgraded Countertops,Walk-In Closet(s),9'+ Ceilings,Dry Wall
  • Door features: Double Entry,French Doors,Sliding Glass
  • Window features: Double Hung,Casement,Low Emissivity Windows,Vinyl Clad
  • Flooring: Carpet
  • Finished area above ground: 2,768

Foyer

  • Level: Main

Great Room

  • Level: Main

Half Bath

  • Level: Main

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,768
  • Total interior livable area: 2,768 sqft

Kitchen

  • Level: Main
  • Dimensions: 15 X 0

Laundry

  • Level: Upper

Loft

  • Level: Upper

Mud Room

  • Level: Main

Other

  • Level: Upper

Primary Bathroom

  • Level: Upper

Primary Bedroom

  • Level: Upper

Study

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 122815
  • Zoning: R-1
  • Special condition: Standard
  • Exclusions: The Photos Are Showing A Previously Built Home That Has Options That Are Not Included In The Base (advertised) Price.

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Sidewalks

Lot

  • Lot size: 2.17 Acres

Parking

  • Total spaces: 6
  • Parking features: Built In,Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Heat Wave
Inland Flooding
Winter Weather

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 $3,514$42,168
Home Insurance *$204$2,448
Property Taxes $425$5,100
Electricity $266$3,199
Total$4,409$52,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,165/yr
40% on housing$132,270/yr
45% on housing$117,573/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: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 22407$200
Spotsylvania County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 22407$217
Spotsylvania County$205

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
2026-04-30Price change$694,990
2026-04-17Price change$769,990
2025-08-20Price change$886,400
2024-08-15Listed for sale$896,400

New Construction

AgentAlex Belcher
BrokerageBelcher Real Estate, LLC.

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