12704 Spring Arbor Dr Fredericksburg, VA 22407
Chancellor NeighborhoodEstimated Value: $485,000 - $522,000
3
Beds
2
Baths
1,407
Sq Ft
$358/Sq Ft
Est. Value
About This Home
This home is located at 12704 Spring Arbor Dr, Fredericksburg, VA 22407 and is currently estimated at $503,735, approximately $358 per square foot. 12704 Spring Arbor Dr is a home located in Spotsylvania County with nearby schools including Salem Elementary School, Chancellor Middle School, and Riverbend High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2016
Sold by
Nvr Inc A Virginia Corporation
Bought by
Mcgraw Michael H and Mcgraw Brenda J
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
$100,000
Outstanding Balance
$79,876
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$423,859
Purchase Details
Closed on
May 31, 2016
Sold by
Nmdc Holdings Llc A Virginia Limited Lia
Bought by
Nvr Inc A Virginia Corporation
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgraw Michael H | $374,990 | Nvr Settlement Services Inc | |
| Nvr Inc A Virginia Corporation | $101,000 | Nvr Settlement Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgraw Michael H | $100,000 |
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 | $3,372 | $459,200 | $130,000 | $329,200 |
| 2024 | $3,372 | $459,200 | $130,000 | $329,200 |
| 2023 | $2,803 | $363,200 | $115,000 | $248,200 |
| 2022 | $2,679 | $363,200 | $115,000 | $248,200 |
| 2021 | $2,708 | $334,600 | $95,000 | $239,600 |
| 2020 | $2,708 | $334,600 | $95,000 | $239,600 |
| 2019 | $2,602 | $307,000 | $90,000 | $217,000 |
| 2018 | $2,557 | $307,000 | $90,000 | $217,000 |
| 2017 | $2,512 | $295,500 | $85,000 | $210,500 |
| 2016 | $723 | $85,000 | $85,000 | $0 |
| 2015 | -- | $85,000 | $85,000 | $0 |
Source: Public Records
Map
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