524 Hanover Street

Fredericksburg, VA
$ 469,900 Beds 3 Baths 2.5 Sq 2,334 Virtual Tour
Monthly Estimate* How much can I afford?

Rare opportunity to own this precious one of a kind home in Mill Race Commons, perfectly located close to Historic Downtown and the Rappahannock River, a quick walk to the fabulous farmers market, and blocks from the finest dining and shopping options Fredericksburg has to offer! Only 2 blocks from the VRE station, 1 mile to I95 and short walk to Mary Washington University. This 3 level unique custom-designed townhome originates from redevelopment in the early 90's from the Morganstern Pants Factory, which operated through 1987. Original brick walls, gorgeous original vaulted pine ceilings with beams, wide open areas throughout! Hardwood flooring in most areas. Spacious main level includes kitchen & dining area and powder room. Two impressive primary bedrooms, one on the upper loft level and one on the lower level. Upper level primary bedroom has new deck-mounted skylights with solar powered shades which provide bright shades of light by day and moonlight by night. Both bedroom and bathroom are freshly painted, wallpapered, and updated sinks with sparkling quartz. Lower level boasts a cozy sitting area at the foot of the stairs prior to entry into either the primary bedroom or third bedroom. The lower level laundry features a newer contemporary italian tile floor. Freshly painted deck. Lovely brick terrace and entryway into this spectacular home! Two parking spaces in a privately maintained lot attached to the home. This home truly has it all - rich history, enivable location and incredible features and upgrades that make it so special. Only a select few homes in this community have come available for purchase - Schedule your showing today!


  • Price
  • $ 469,900
  • Lot Size
  • Bedrooms
  • 3
  • Sqr Footage
  • 2,334
  • Full Bathrooms
  • 2
  • Year Built
  • 1989
  • Half Bathrooms
  • 1
  • City, Zip
  • Fredericksburg
  • Taxes
  • 3411
  • County
  • Style
  • Contemporary
  • Area
  • MLS#
  • VAFB117822
  • Zip
  • 22401
Listing Provided by: Berkshire Hathaway HomeServices Select Realty



Accessibility Other
Appliances Central Vacuum, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Architectural Style Contemporary
Association Fee Includes Common Area Maintenance, Other, Water
Association Y/N Yes
Condo/Coop Association Y/N No
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C, Heat Pump(s)
Exterior Features Sidewalks
Garage Y/N No
HOA Fee 1417.92
HOA Fee Frequency Quarterly
Heating Heat Pump(s)
Interior Features Central Vacuum, Combination Dining/Living, Exposed Beams, Floor Plan - Open, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Window Treatments, Wood Floors, Other
Levels 3
Location Type Downtown
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Parking Features Parking Space Conveys, Paved Parking, Private
Patio/Porch Features Balcony, Terrace
Possession Settlement
Price Per Sq Ft 201.33
Property Type Residential
PropertyCondition Excellent
Real Estate Owned Y/N No
Security Features Main Entrance Lock
Senior Community Y/N No
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Subdivision Name MILL RACE COMMON
Tax Year 2019
Vacation Rental Y/N No
View Courtyard
Water Access Y/N No
Zoning CD

Interior Features

Above Grade Finished Area 2334
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Full
Basement Y/N Yes
Bathrooms Count All Lower Levels 1
Bathrooms Count All Upper Levels 1
Bathrooms Count Lower Level 1 1.00
Bathrooms Count Main Level 1.00
Bathrooms Count Upper Level 1 1.00
Bathrooms Full All Lower Levels 1
Bathrooms Full All Upper Levels 1
Bathrooms Full Lower Level 1 1
Bathrooms Full Upper Level 1 1
Bathrooms Half Main Level 1
Bedrooms Count All Lower Levels 2
Bedrooms Count All Upper Levels 1
Bedrooms Count Lower Level 1 2
Bedrooms Count Upper Level 1 1
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Fireplace Features Gas/Propane, Fireplace - Glass Doors
Fireplace Y/N Yes
Full Baths 2
Half Baths 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Laundry Type Lower Floor, Has Laundry
Living Area 2334
Room Type Living Room, Primary Bedroom, Sitting Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Primary Bathroom, Full Bath, Half Bath
Total Baths 3
Total Bedrooms 3
Total Fireplaces 1
Window Features Casement, Skylights

Exterior Features

Door Features Atrium
Horse Y/N No
Lot Features Landscaping
Lot Size Acres 0.00
Lot Size Source Estimated
Lot Size Square Feet 0.00
Navigable Water Y/N No
Pool Y/N No Pool
Spa No
Type of Parking Off Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator


Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.


Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School James Monroe High School

Price History

10/3/2020 Listed $469,900

Property vs Zip Code Average in 22401

AVG $380K
AVG $2,862
AVG 59
Year Built
AVG 1982


524 Hanover Street Fredericksburg, VA is a Single Family Home for sale at $469900 with 2334 sqft and a lot size of Acre(s). 524 Hanover Street Fredericksburg has 3 bedrooms, 2 baths and was built in 1989. The property's zip code is 22401 which is in Fredericksburg, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.