NOT LISTED FOR SALE

2632 Salem Church Rd Fredericksburg, VA 22407

Estimated Value: $2,463,131

-- Bed
-- Bath
6,000 Sq Ft
$411/Sq Ft Est. Value

About This Home

This home is located at 2632 Salem Church Rd, Fredericksburg, VA 22407 and is currently estimated at $2,463,131, approximately $410 per square foot. 2632 Salem Church Rd is a home located in Spotsylvania County with nearby schools including Salem Elementary School, Chancellor Middle School, and Chancellor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2018
Sold by
Rappahannock Pediatrics Llc
Bought by
Binary Properties Llc
Current Estimated Value
$2,463,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,123,302
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$1,321,852

Purchase Details

Closed on
Jan 20, 2012
Sold by
Hazel Run Llc
Bought by
Rappahannock Pediatrics Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.92%
Mortgage Type
Construction
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
Binary Properties Llc $1,500,000 Attorney
Rappahannock Pediatrics Llc $392,040 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binary Properties Llc $1,275,000
Previous Owner Rappahannock Pediatrics Llc $1,100,000
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 $9,810 $1,335,900 $358,900 $977,000
2024 $9,810 $1,335,900 $358,900 $977,000
2023 $10,257 $1,329,100 $347,700 $981,400
2022 $9,805 $1,329,100 $347,700 $981,400
2021 $9,769 $1,207,000 $336,500 $870,500
2020 $9,769 $1,207,000 $336,500 $870,500
2019 $9,249 $1,091,500 $314,100 $777,400
2018 $9,092 $1,091,500 $314,100 $777,400
2017 $8,577 $1,009,000 $291,600 $717,400
2016 $8,577 $1,009,000 $291,600 $717,400
2015 -- $1,006,800 $280,400 $726,400
2014 -- $1,006,800 $280,400 $726,400
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22407

2632 Salem Church Rd, Fredericksburg, VA

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