NOT LISTED FOR SALE

16348 Gateway Ln King George, VA 22485

Estimated Value: $9,801,910

-- Bed
-- Bath
48,922 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 16348 Gateway Ln, King George, VA 22485 and is currently estimated at $9,801,910, approximately $200 per square foot. 16348 Gateway Ln is a home located in King George County with nearby schools including Potomac Elementary School, King George Middle School, and King George High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Gateway Hospitality Llc
Bought by
Mahant King George Llc
Current Estimated Value
$9,801,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,515,500
Outstanding Balance
$2,487,468
Interest Rate
6.95%
Estimated Equity
$7,314,442

Purchase Details

Closed on
Nov 21, 2014
Sold by
Monmouth West Limited Pa
Bought by
Gateway Hospility Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mahant King George Llc $9,550,000 Chicago Title
Gateway Hospility Llc $291,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahant King George Llc $2,515,500
Open Mahant King George Llc $5,031,000
Previous Owner Gateway Hospility Llc $145,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $40,028 $5,886,400 $1,348,700 $4,537,700
2024 $40,028 $5,886,400 $1,348,700 $4,537,700
2023 $40,028 $5,886,400 $1,348,700 $4,537,700
2022 $37,673 $5,886,400 $1,348,700 $4,537,700
2021 $40,944 $5,608,700 $638,900 $4,969,800
2020 $39,261 $5,608,700 $638,900 $4,969,800
2019 $39,261 $5,608,700 $638,900 $4,969,800
2018 $30,847 $5,608,700 $638,900 $4,969,800
2017 $16,833 $2,404,700 $52,800 $2,351,900
2016 $476 $2,404,700 $52,800 $2,351,900
2015 -- $70,000 $70,000 $0
2014 -- $70,000 $70,000 $0
Source: Public Records

Map

Virginia King George County King George 22485

16348 Gateway Ln, King George, VA

Not Listed for Sale

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