503 Cornwallis Ave Locust Grove, VA 22508
Estimated Value: $457,880 - $507,000
4
Beds
2
Baths
2,314
Sq Ft
$206/Sq Ft
Est. Value
About This Home
This home is located at 503 Cornwallis Ave, Locust Grove, VA 22508 and is currently estimated at $476,970, approximately $206 per square foot. 503 Cornwallis Ave is a home located in Orange County with nearby schools including Locust Grove Primary School, Locust Grove Elementary School, and Locust Grove Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2021
Sold by
Farrell Frank J and Farrell Marjorie C
Bought by
Koch Jonathan D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Outstanding Balance
$261,279
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$215,691
Purchase Details
Closed on
Mar 11, 2021
Sold by
Farrell Franks J and Farrell Majorie C
Bought by
Koch Jonathan D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Outstanding Balance
$261,279
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$215,691
Purchase Details
Closed on
Jul 17, 2012
Sold by
Seilheimer Charles H and Seilheimer Mary Louise
Bought by
Seilheimer Charles H and Charles H Seilheimer Jr Revocable Trust
Purchase Details
Closed on
Jul 16, 2012
Sold by
Shackelford V R
Bought by
Seilheimer Charles H and Seiiheimer Mary Louise
Purchase Details
Closed on
Apr 13, 2005
Sold by
Carter Judith
Bought by
Spriggs Barbara K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koch Jonathan D | $366,000 | Locust Grove Title | |
| Koch Jonathan D | $366,000 | Stewart Title | |
| Seilheimer Charles H | -- | None Available | |
| Seilheimer Mary Louise | -- | None Available | |
| Seilheimer Charles H | -- | None Available | |
| Spriggs Barbara K | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koch Jonathan D | $292,800 | |
| Closed | Koch Jonathan D | $292,800 |
Source: Public Records
Tax History Compared to Growth
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 | $2,207 | $294,300 | $30,000 | $264,300 |
| 2024 | $2,207 | $294,300 | $30,000 | $264,300 |
| 2023 | $2,207 | $294,300 | $30,000 | $264,300 |
| 2022 | $2,207 | $294,300 | $30,000 | $264,300 |
| 2021 | $2,119 | $294,300 | $30,000 | $264,300 |
| 2020 | $2,119 | $294,300 | $30,000 | $264,300 |
| 2019 | $1,798 | $223,600 | $30,000 | $193,600 |
| 2018 | $1,798 | $223,600 | $30,000 | $193,600 |
| 2017 | $1,798 | $223,600 | $30,000 | $193,600 |
| 2016 | $1,798 | $223,600 | $30,000 | $193,600 |
| 2015 | $1,508 | $209,400 | $30,000 | $179,400 |
| 2014 | $1,508 | $209,400 | $30,000 | $179,400 |
Source: Public Records
Map
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