NOT LISTED FOR SALE

487 Rivers Edge Dr Fredericksburg, VA 22405

Estimated Value: $639,000 - $730,000

5 Beds
4 Baths
2,757 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 487 Rivers Edge Dr, Fredericksburg, VA 22405 and is currently estimated at $687,899, approximately $249 per square foot. 487 Rivers Edge Dr is a home with nearby schools including Conway Elementary School, Edward E. Drew Jr. Middle School, and Stafford Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Nvr Inc
Bought by
Appiah Bismark and Deen Hanifa Nasiru
Current Estimated Value
$687,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,301
Outstanding Balance
$587,729
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$100,170

Purchase Details

Closed on
Oct 4, 2022
Sold by
Rl5 Development Inc
Bought by
Nvr Inc
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
Appiah Bismark $625,580 Stewart Title Guaranty Company
Nvr Inc $7,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appiah Bismark $594,301
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 $1,224 $627,000 $135,000 $492,000
2024 $1,224 $602,000 $110,000 $492,000
2023 $1,276 $135,000 $135,000 $0
2022 $1,276 $0 $0 $0
Source: Public Records

Map

Virginia Stafford County Fredericksburg 22405

487 Rivers Edge Dr, Fredericksburg, VA

This home is located at 487 Rivers Edge Dr, Fredericksburg, VA 22405 and is currently estimated at $687,899, approximately $249 per square foot. 487 Rivers Edge Dr is a home with nearby schools including Conway Elementary School, Edward E. Drew Jr. Middle School, and Stafford Senior 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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