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$150,000
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Property Description
Fantastic opportunity to demolish and rebuild on a PREMIER CORNER LOT in the Town of Culpeper. The existing structure needs to be demolished and is NOT SAFE TO ENTER. However, favorable zoning on this oversized (.44 acre) corner lot offers plenty of opportunities to rebuild. Great spot for an income producing duplex or build your dream home just steps away from all that downtown Culpeper has to offer! The current home was last used as a duplex with separate entries to both a 3/1 unit and a 2/1 unit. The massive home once featured nearly 3200 sq/ft of living space - but significant damage/deterioration has made it uninhabitable. So, tear down and start fresh on this incredible lot!
Full Property Details
Full Property Details for 402 Spencer
General
- Sold For: $150,000
- Taxes: $2,002 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VACU2010842
- Added to Site: 213 day(s) ago
Interior
- Rooms/Areas: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, In-Law/auPair/Suite, Other, Storage Room, Utility Room
- Interior Features: Kitchen - Country, Floor Plan - Traditional
- Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 2
- Bedrooms Main & Up: 3
- Primary Bedroom: Primary Bedroom - Flooring - Carpet, 16 x 16, Main
- Bedroom 1: Bedroom 1 - Flooring - Carpet, 15 x 14, Upper 1
- Bedroom 2: Bedroom 2 - Flooring - Carpet, 15 x 14, Upper 1
- Bedroom 3: Bedroom 4 - Flooring - Carpet, 16 x 16, Main
- Bedroom 4: Bedroom 3 - Flooring - Carpet, 16 x 14, Main
Other Rooms
- Living Room: Living Room - Flooring - Carpet, 16 x 16, Main
- Kitchen: Kitchen - Flooring - Vinyl, 17 x 15, Main
- Other Room 1: Other - Flooring - Vinyl, 16 x 16, Upper 1
- Utility Room: Utility Room - Flooring - Vinyl, 15 x 7, Main
- Storage: Storage Room - Flooring - Vinyl, 15 x 5, Main
Exterior
- Porch/Patio/Deck: Porch(es)
Parking
- Carport Spaces: 1
- Total Spaces: 1
- Parking Type: Detached Carport
Location
- County: Culpeper
- Development Name: Town Of Culpeper
- Subdivision: Town Of Culpeper
- Driving Directions: From Rt 29 -> Take ramp toward Culpeper/US-15-BR S/US-29-BR S. - Follow to traffic circle. Take 3rd exit from circle to N. Main St. Follow to LEFT on E. SPENCER Street. Follow to 402 on left (corner lot).
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- School District: Culpeper County Public Schools
- Elementary School: Pearl Sample
- Middle School: Floyd T. Binns
- High School: Eastern View
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Asbestos
- Foundation: Block, Brick/Mortar
- Roof: Asphalt
- Stories/Levels: 0
- Stories Description: Lower 1, Lower 2, Main, Upper 1, Upper 2
- Square Feet: 3,190
- Sq. Ft. Source: Assessor
- Living Area: 3,190 Sq. Ft.
- Year Built: 1953
- Year Built Source: Assessor
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top
- Lot Features: Corner
- Zoning: R2
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $94.04
- Assessment Year: 2024
- City/TownTax: $247
- City/TownTax Freq: Annually
- County Tax: $1,756
- County Tax Freq: Annually
- Tax w/Assessment: $373,600
- Tax Amount: $2,002
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3190
Disclosures and Reports
- Ownership: Fee Simple
Listed by Network Realty Group, Shawn P Peacher
Sold by Montague, Miller & Company, Pamela Griffin Deslauriers
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Schools
Schools serving 402 Spencer
School District:Culpeper County Public Schools
| Name | Grades | Distance |
|---|---|---|
Pearl Sample Elementary School 18480 Simms Drive, Culpeper, VA 22701 | PK-5 | 2.3 mi |
Floyd T Binns Middle School 205 Grandview Avenue, Culpeper, VA 22701 | 6-8 | 0.9 mi |
Eastern View High School 16332 Cyclone Way, Culpeper, VA 22701 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 Spencer
Date
Details
Price
Change
Source
7/30/2025
Sold
$150,000
-50%
MLS
6/17/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 Spencer, Culpeper, VA 22701 (MLS# VACU2010842) is a Single Family property that was sold at $150,000 on July 30, 2025. Want to learn more about 402 Spencer? Do you have questions about finding other Single Family real estate for sale in Culpeper? You can browse all Culpeper real estate or contact a Coldwell Banker agent to request more information.

