424 E Main ST, Fredericksburg TX 78624

Off Market

Exterior Front : 19th Century piece of history.....resident and studio for gharvey. Could qualify for historical status, is designated commercial which opens up some many possibilies. Restaurant, B&B, Retail, Artist Compound. located 1 block from the Nimitz Museum.

Additional photos available to registered users

Ed's Opinion of Value

$352,080 Ed's Estimate: $683,854 $952,000

Lowest Comp Recommended List: $882,000 to $952,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $683,854. If we were to list this property today, I'd recommend a list price in the $882,000 to $952,000 range. This pricing would rank the home as no active comparable homes on the market in 78624's current inventory. Being 5,893 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1882 (96 years older than comps) is factored into the value estimate. The 6 month price trend in 78624: fallen 9.8%. The best comp here is 1201 Crenwelge DR, Fredericksburg TX 78624 at an adjusted value of $952,000, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78624. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78624 Market Trends

$658,750 Median Sold Price ▼ 9.8% 6mo

$315/sqft Median $/SqFt ▼ 25.5% 6mo

91 days Avg Days on Market 17 days slower

60 homes Active Inventory 16.4 mo supply

95.8% Sale-to-List Ratio

22 Sales (6 months)

Recently Sold Comparables

$952,000 adjusted 1201 Crenwelge DR, Fredericksburg TX 78624 3bd / 3.0ba • 2,145 sqft • 0.8 mi Sold 5 months ago

$881,650 adjusted 210 E Travis ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,320 sqft • 0.4 mi Sold 5 months ago

$700,740 adjusted 406 E Centre ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,446 sqft • 0.5 mi Sold 11 months ago

$563,760 adjusted 711 Chinkapin DR, Fredericksburg TX 78624 3bd / 3.0ba • 1,902 sqft • 1.6 mi Sold 1 months ago

$352,080 adjusted 408 Summit CIR, Fredericksburg TX 78624 3bd / 3.0ba • 2,148 sqft • 1.3 mi Sold 5 months ago

3 Beds

3 Baths

7,547 Sq Ft

0.92 Acres

1882 Built

About This Property

New Price, under appraised value.Built in the mid 1800's, this original piece of Fredericksburg history has only been owned by 2 families when gharvey bought it in 1985. This amazing property became gharvey's home where has lived and created for the past 25 years. When gharvey moved into the property, he built a guest house, workshop and a light filled art studio where he has created several pieces of artwork. Historical dedication could be sought for the property....creating unlimited possibilities. FEMA - Unknown Restrictions: Yes Property Condition is As Is

Location

Map loading...

Property Details

Property Type Residential

Cooling Central Air

Heating Central, Natural Gas

Exterior None

County Gillespie

MLS # 8475518

Listing History

MLS# 8475518 272 days

Dec 17, 2012	Off Market
Sep 6, 2012	Price Change	$1,400,000
Feb 27, 2012	Listed	$1,500,000

Frequently Asked Questions About 424 E Main ST, Fredericksburg TX 78624

When was 424 E Main ST, Fredericksburg TX 78624 built?

424 E Main ST, Fredericksburg TX 78624 was built in 1882.

How much does 424 E Main ST, Fredericksburg TX 78624 cost?

424 E Main ST, Fredericksburg TX 78624 sold on December 17, 2012. Contact us for sale price details.

Similar Properties

$1,399,000 135 Scenic Vista DR, Fredericksburg TX 78624 3 bd | 3 ba

$1,300,000 362 Oak Haven RD, Fredericksburg TX 78624 4 bd | 3 ba

$1,375,000 502 N Orange ST, Fredericksburg TX 78624 4 bd | 3 ba

$1,645,000 Lot 30-31 Baurenhof CT, Fredericksburg TX 78624 3 bd | 4 ba

Browse More Properties

3-Bedroom Homes in Fredericksburg Homes over $1M in Fredericksburg All Homes for Sale in Fredericksburg Homes in 78624 Homes in Gillespie County All 3-Bedroom Homes Homes for Rent Land for Sale

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.