1123 Summit St Fredericksburg, VA 22401
Braehead NeighborhoodEstimated Value: $605,066
--
Bed
--
Bath
9,054
Sq Ft
$67/Sq Ft
Est. Value
About This Home
This home is located at 1123 Summit St, Fredericksburg, VA 22401 and is currently estimated at $605,066, approximately $66 per square foot. 1123 Summit St is a home located in Fredericksburg City with nearby schools including Lafayette Upper Elementary School, Hugh Mercer Elementary School, and Walker-Grant Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2000
Sold by
Nimeth Edward J
Bought by
Summit Recycling L L C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$73,876
Interest Rate
8.1%
Mortgage Type
Commercial
Estimated Equity
$531,190
Purchase Details
Closed on
Sep 30, 1997
Sold by
Hicks Gus A
Bought by
Nimeth Edward J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.47%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Summit Recycling L L C | $200,000 | -- | |
Nimeth Edward J | $600,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Summit Recycling L L C | $200,000 | |
Previous Owner | Nimeth Edward J | $400,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $5,097 | $662,000 | $464,500 | $197,500 |
2024 | $4,929 | $553,800 | $387,100 | $166,700 |
2023 | $4,763 | $553,800 | $387,100 | $166,700 |
2022 | $4,597 | $553,800 | $387,100 | $166,700 |
2021 | $4,597 | $553,800 | $387,100 | $166,700 |
2020 | $4,507 | $530,200 | $387,100 | $143,100 |
2019 | $4,242 | $530,200 | $387,100 | $143,100 |
2018 | $4,242 | $530,200 | $387,100 | $143,100 |
2017 | $4,242 | $530,200 | $387,100 | $143,100 |
2012 | -- | $563,300 | $464,500 | $98,800 |
Source: Public Records
Map
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