209 Hanover Street, Fredericksburg, VA 22401

Downtown Fredericksburg, Fredericksburg
3 Stories
Built in 1939
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Welcome to 209 Hanover Street, a building located in Downtown Fredericksburg, Fredericksburg in Fredericksburg, VA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1939. There are a total of 3 floors. Finally, 209 Hanover Street was most recently sold on May 13, 2011 for $775,000. The market value for the land that the building sits on has been listed at $244,000. In addition, improvements upon the building have an added value of $695,300. In total, the total market value of the property as a whole is $939,300. According to local assessors, the total value of the building is currently valued at $939,300. Specifically, the value of the land that the property sits on has been assessed at $244,000. The building was last assessed in 2024.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1939
Effective Year Built
1939
Total Rooms
15
Bedroom Count
11
Bathroom Count
9
Full Bathrooms
8
Partial Bathrooms
9
Building Condition
Average
Building Quality
unknown
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
Brick
Interior Walls Type
Gypsum board (drywall, sheetrock, etc.)
Roof Shape Type
Gable
Roof Cover Type
Slate
Floor Count
3
Living Units
7
Business/Commerical Units Count
8
Floor Cover
Carpet
Basement Type
unknown
Basement Area
0
Garage Type
Built-in
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
0.07
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
Legal Description 1
LT 41 BL 40-209
Ownership
Current Owner
PALME USA LLC
Current Owner's Name
PALME USA LLC
Previous Owner
BAILEY BROS BUILDING LC
Previous Owner's Name
BAILEY BROS BUILDING LC
Owner Address - City
FREDERICKSBURG
Owner Address - State
VA
Owner Address - ZIP Code
22401
Owner Before Previous Owner
MAURY-HANOVER INC
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Fredericksburg City Public Schools
Census Tract
000100
Census Block Code
3021
Census Group
3
Census Year
2020
Census - Combined Statistical Area - Area Code
548
Census - Combined Statistical Area - Area Name
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Census - County FIPS
51630
Census - Full FIPS
516300001003021
Census - Metropolitan Division - Area Code
47894
Census - Metropolitan Division - Area Name
Washington-Arlington-Alexandria, DC-VA-MD-WV
Census - Metro Micro Statistical Area - Area Code
47900
Census - Metro Micro Statistical Area - Area Name
Washington-Arlington-Alexandria, DC-VA-MD-WV
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
5129744
Census Source
US Census Bureau
Census State FIPS
51
Census Tract Code
000100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
5101510
School District - Unified - Name
Fredericksburg City Public Schools
Zoning
Zoning
CD
Geography
Parcel
7789-14-6662
Lot
41
Lot Code
unknown
Municipality
FREDERICKSBURG CITY PS
Latitude
38.3017
Longitude
-77.4589
FIPS
51630
Mailing Carrier Code
C031
Mailing Full Street Address
1715 HIGHLAND RD
Mailing House Number
1715
Mailing Street Mode
RD
Mailing Street
HIGHLAND
Mailing 4-Digit Zip Code
5214
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-04-12 23:59:35
UCID Flag
C
More About The Building
In total, the building area is listed as 6,850 square feet. The building itself has 6,850 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 209 Hanover Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Fredericksburg area have a median price of $1,548. Those in the 25th percentile, have a price around $1,480. While those in the 75th percentile, have a price around $1,638. Typically, the buildings in this area have a median sqft of 750. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There is currently one advertised studio listing.
  • There are currently a total of 3 one bedroom listings. The median price for these types of listings is $1,475. That's $2.54 price per sqft.

  • There are currently a total of 2 two bedroom listings. The median price for these types of listings is $2,073. That's $2.56 price per sqft.

  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
209 Hanover Street is located in 22401. There are 27,853 people living here. There are 10,271 households. Most of these households have an average family size of 3.31 people. According to the census, 65% are currently renting while 35% own their homes. The median age of this population is around 29.5 years old. On average, most folks in the zipcode are unmarried. About 11% of folks speak a language other than English in this area. The area's employment rate is currently around 61.8%. Speaking of employment, the median income is $53,980. Most folks will commute by car for around 27.7 minutes. Finally, we know that 25% of residents in the area have graduated with their high school degree. Additionally, 25% and 17% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Fredericksburg city, Virginia has a population of 27,853 people. Based on census records, there are 10,271 registered households. Families in this area are on average made up of 3.31 people per household. Most folks are unmarried. They are also typically around 29.5 years old. Does diversity matter to you? Right now, 11% of folks speak a language other than English here. About 65% rent while 35% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 25% have a Bachelor's degree and 17% have a Master's degree. The employment rate is currently around 61.8%. Those employed, have a median income of $53,980.

Finally, let's take a look at the stats related to Fredericksburg, VA Urban Area. The urban area is home to 151,851 people. A total of 51,576 households are registered here. With average family sizes being listed at 3.4 people. About 28% of residents have graduated with a high school degree. Of the rest, 21% have their Bachelor's and 13% have their Master's degree. Folks speaking a language other than English, make up about 12% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 36.2 minutes. Speaking of your commute, 63.3% of people in this area are employed. The recorded median income is currently at $75,096 per year. The median population age has been listed at 34 years old. Interestingly enough, married people make up the majority of the population. Last but not least, renters make up about 35% of the population while homeowners are at about 65% of the population.
-
Studio Median Rent
$1,475
1BR Median Rent
$2,073
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
F4
F5
Princess Anne St. / Hanover St. (City Hall) (Under 500 ft - 3 min walk)
FREDericksburg Regional Transit
F4
F5
Princess Anne St. / George St. (Under 500 ft - 3 min walk)
FREDericksburg Regional Transit
F4
F5
Caroline St. / Charlotte St. (Visitors Center) (Under 500 ft - 3 min walk)
FREDericksburg Regional Transit
F4
F5
Caroline St. / William St. (670 ft - 3 min walk)
FREDericksburg Regional Transit
F4
F5
Caroline St. @ Executive Plaza / Parking Garage (840 ft - 3 min walk)
FREDericksburg Regional Transit

Nearby Schools

(within attendance boundary)
HUGH MERCER ELEM  •  1.51 mi
2100 Cowan Blvd, Fredericksburg, VA 22401
Public  •  Elementary  •  Grades KG to 2
Fredericksburg City Public Schools
WALKER-GRANT MIDDLE  •  2.4 mi
One Learning Lane, Fredericksburg, VA 22401
Public  •  Middle School  •  Grades 6 to 8
Fredericksburg City Public Schools
JAMES MONROE HIGH  •  1.1 mi
2300 Washington Ave, Fredericksburg, VA 22401
Public  •  High School  •  Grades 9 to 12
Fredericksburg City Public Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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