NOT LISTED FOR SALE

2524 Drake Ln Fredericksburg, VA 22408

New Post Neighborhood

Estimated Value: $402,000 - $430,979

4 Beds
4 Baths
1,540 Sq Ft
$269/Sq Ft Est. Value

About This Home

This home is located at 2524 Drake Ln, Fredericksburg, VA 22408 and is currently estimated at $414,745, approximately $269 per square foot. 2524 Drake Ln is a home with nearby schools including Cedar Forest Elementary School, Thornburg Middle School, and Massaponax High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Tricord Incorporated
Bought by
Marshall Monique P
Current Estimated Value
$414,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,283
Outstanding Balance
$278,812
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$128,881

Purchase Details

Closed on
May 19, 2021
Sold by
Tricord Inc
Bought by
Richmond American Homes Of Virginia Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,283
Outstanding Balance
$278,812
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$128,881
Source: Public Records

Range of Values:

Collateral Analytics

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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
Marshall Monique P $304,211 Fidelity National Title
Richmond American Homes Of Virginia Inc $630,606 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Monique P $307,283
Closed Marshall Monique P $307,283
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 $2,850 $388,100 $105,000 $283,100
2024 $2,850 $388,100 $105,000 $283,100
2023 $2,395 $310,400 $75,000 $235,400
2022 $2,290 $310,400 $75,000 $235,400
2021 $737 $91,000 $55,000 $36,000
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22408 New Post

2524 Drake Ln, Fredericksburg, VA

This home is located at 2524 Drake Ln, Fredericksburg, VA 22408 and is currently estimated at $414,745, approximately $269 per square foot. 2524 Drake Ln is a home with nearby schools including Cedar Forest Elementary School, Thornburg Middle School, and Massaponax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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