12220 Five Mile Rd Fredericksburg, VA 22407
Estimated Value: $4,832,485
--
Bed
--
Bath
46,704
Sq Ft
$103/Sq Ft
Est. Value
About This Home
This home is located at 12220 Five Mile Rd, Fredericksburg, VA 22407 and is currently priced at $4,832,485, approximately $103 per square foot. 12220 Five Mile Rd is a home located in Spotsylvania County with nearby schools including Harrison Road Elementary School, Chancellor Middle School, and Riverbend High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 23, 2021
Sold by
Five Mile Storage Llc
Bought by
Prime Storage Fredericksburg Llc
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
$250,000,000
Outstanding Balance
$226,940,194
Interest Rate
2.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2016
Sold by
Mid-Atlantic Sports Complex Llc A Virgin
Bought by
Five Mile Storage Lp A South Carolina Li
Purchase Details
Closed on
Jun 29, 2001
Sold by
Bcs Llc
Bought by
Mid-Atlantic Sports Complex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
7.21%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prime Storage Fredericksburg Llc | $4,042,720 | None Listed On Document | |
| Five Mile Storage Lp A South Carolina Li | $2,425,000 | Attorney | |
| Mid-Atlantic Sports Complex | $1,950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prime Storage Fredericksburg Llc | $250,000,000 | |
| Previous Owner | Mid-Atlantic Sports Complex | $1,650,000 |
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 | $36,197 | $4,929,400 | $748,500 | $4,180,900 |
| 2024 | $36,197 | $4,929,400 | $748,500 | $4,180,900 |
| 2023 | $34,963 | $4,530,700 | $725,100 | $3,805,600 |
| 2022 | $33,423 | $4,530,700 | $725,100 | $3,805,600 |
| 2021 | $29,747 | $3,675,200 | $701,700 | $2,973,500 |
| 2020 | $29,747 | $3,675,200 | $701,700 | $2,973,500 |
| 2019 | $29,695 | $3,504,200 | $655,000 | $2,849,200 |
| 2018 | $18,334 | $2,200,900 | $655,000 | $1,545,900 |
| 2017 | $18,613 | $2,189,800 | $608,200 | $1,581,600 |
| 2016 | $18,613 | $2,189,800 | $608,200 | $1,581,600 |
| 2015 | -- | $2,103,800 | $584,800 | $1,519,000 |
| 2014 | -- | $2,103,800 | $584,800 | $1,519,000 |
Source: Public Records
Map
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