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4113 Lancaster Ring Rd, Fredericksburg, VA, 22408

3beds
2baths
1,068sqft
$325,000
$304price/sqft
$1,986/moest. monthly cost
$79,440/yrincome needed

About This Home

Welcome to a home that combines everyday comfort with a location designed for convenience. From the moment you arrive, the private driveway offers easy parking and a warm welcome home. The kitchen serves as the heart of the home, offering a functional layout with ample cabinet and counter space for meal preparation, casual dining, and entertaining. Whether you're preparing a quick weekday meal or hosting guests, this space is designed to support everyday living with ease. The bedrooms provide comfortable retreats at the end of the day, offering flexible space for rest, a home office, or hobbies. The thoughtful layout offers versatility to fit a variety of lifestyles. This property also presents an excellent opportunity for buyers looking to build equity or expand their real estate portfolio. Whether you're searching for a primary residence, an investment property, or a home with potential to personalize over time, this property offers flexibility and long-term value. Outside, the property provides room to relax, entertain, and enjoy the outdoors. Located with convenient access to Route 1 and Interstate 95, commuting to Fredericksburg, Quantico, Richmond, Northern Virginia, and Washington, D.C. is more accessible. Shopping, dining, parks, healthcare, and everyday essentials are all just a short drive away, while historic Downtown Fredericksburg offers local restaurants, boutiques, waterfront parks, and seasonal events throughout the year. Photos may be virtually staged

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
3/10
Thornburg Middle SchoolGrades 6-83.7 mi
3/10
Massaponax High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Other
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Dryer,Washer,Dishwasher,Disposal,Ice Maker,Refrigerator,Cooktop,Electric Water Heater,Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s)
  • Window features: Window Treatments
  • Finished area below ground: 0
  • Finished area above ground: 1,068

Heating & Cooling

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

Interior Area

  • Total structure area: 1,068
  • Total interior livable area: 1,068 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 50A3115
  • Zoning: RU
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 10,000 sqft

Parking

  • Parking features: 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

No climate risk data available.

How This Home’s Risks Compare

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 $1,643$19,716
Home Insurance *$93$1,116
Property Taxes $48$576
Electricity $202$2,433
Total$1,986$23,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,091/yr
40% on housing$59,580/yr
45% on housing$52,960/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

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 22408$196
Spotsylvania County$206

vs Homes Sold Last Month

Median $/sqft

ZIP 22408$199
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
1998-03-13Sold$93,000

Coming Soon

AgentSarah Reynolds
BrokerageKeller Williams Realty

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