NOT LISTED FOR SALE

2605 Drake Ln Fredericksburg, VA 22408

New Post Neighborhood

Estimated Value: $384,000 - $395,006

3 Beds
4 Baths
1,400 Sq Ft
$277/Sq Ft Est. Value

About This Home

This home is located at 2605 Drake Ln, Fredericksburg, VA 22408 and is currently estimated at $387,752, approximately $276 per square foot. 2605 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
Aug 24, 2021
Sold by
Tricord Incorporated
Bought by
Smith Tracy L and Smith Nicole H
Current Estimated Value
$387,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,654
Outstanding Balance
$259,357
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,395
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Tracy L $290,925 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tracy L $285,654
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 $2,657 $361,900 $100,000 $261,900
2024 $2,657 $361,900 $100,000 $261,900
2023 $2,223 $288,000 $70,000 $218,000
2022 $2,125 $288,000 $70,000 $218,000
2021 $405 $50,000 $50,000 $0
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22408 New Post

2605 Drake Ln, Fredericksburg, VA

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