$1,225,000

701 Hanover St Fredericksburg, VA 22401

$10,000
Closing credit¹
4 beds
3 full, 1 partial
3,200 sqft
0.2 acres
$383 / sqft
House

Property details

About 701 Hanover St

Beautifully renovated and updated Colonial in down town Fredericksburg.  Construction in 1930 of the Brick portion of the home and an addition in 1994.  Both have been updated and renovated to current market standards  without sacrificing its original elegance and appeal. Renovations done in 2017-2019 have been complimented by an extensive $400k plus renovation in the last 6 years.  Main Level Highlights include: an open gourmet kitchen, formal dining area, library with fireplace,  living room with fireplace, half bath, closeted bar,  and screen porch that all flow beautifully. The Primary bedroom & bath on the second floor have been fully renovated. The porch addition includes: Ipe flooring, Western red Cedar rails, standing seam metal roof and a 3 panel sliding door leading to the kitchen and breakfast eating space. This home is inviting in every way.  The Primary Bedroom is expansive with Primary bath and huge walk-in closet with custom built in organizers. Wonderfully located this home is walking distance to the restaurants, shops, farmers market (every Sat.in summer) 2 blocks away. Walking to the Train to travel North or South is approximately 7 minutes.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump, Other, Forced Air, Zoned
StatusActive
(ACTIVE)
CoolingHeat Pump, Central Air, Zoned
Size3,200 sqft
BasementYes
Lot size0.17 Acres
Year built1930
ParkingGarage - Rear Entry, Detached Garage,Off Street
MLS #VAFB2007712
Garage1 space
FireplaceGas/Propane, Mantel(s)

Summary

  • MLS Number: VAFB2007712
  • MLS Name: BRIGHT
  • Office Name: CENTURY 21 New Millennium
  • Office Phone: (703) 922-4010
  • Office Email: kyle.crawford@c21nm.com
  • Listing Agent: Jesse W Price
  • Agent Phone: (703) 667-0039
  • Agent Email: jesse.price@c21nm.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade featuring fence, a chimney, and a front lawn

$1,225,000

701 Hanover St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 04, 2023
Home Sold
$1,050,000

Tax history

YearAssessmentProperty Tax
2024$690,000$6,141
2023$690,000$5,934
2022$616,100$5,113
2021$616,100$5,056

History based on county public records data.

Nearby schools

3

Hugh Mercer Elementary School

Public District KG-2

1.2 mi

2100 Cowan Blvd

5

Ferry Farm Elementary School

Public District KG-5

1.8 mi

20 Pendleton Rd

3

Lafayette Upper Elementary School

Public District 3-5

2.1 mi

3 Learning Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,212. Typical income of Fredericksburg, VA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

35%
<35k
39%
35k-100k
13%
100k-200k
13%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
3%
Single, with Kids
26%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • SonicSonic
  • Boston MarketBoston Market
  • QdobaQdoba

What do the neighbors drive?

  • InfinitiInfiniti
  • VolvoVolvo
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 701 Hanover St

This home is located at 701 Hanover St in Fredericksburg, VA and zip code 22401. This 3,200 square foot home, which was built in 1930, sits on a 0.17 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $1,225,000.

In March 2025, from all listings sold in Fredericksburg, VA there were more than 55 sold above asking price, over 48 sold below and more than 57 were sold right at the asked price. In March 2025 in Fredericksburg, VA there were 34.2% more homes for sale than in February. The median list price of listings available in March 2025 was $450,410, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

More resources