NOT LISTED FOR SALE

503 Monticello Cir Locust Grove, VA 22508

Estimated Value: $480,627 - $561,000

5 Beds
4 Baths
3,670 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 503 Monticello Cir, Locust Grove, VA 22508 and is currently estimated at $515,657, approximately $140 per square foot. 503 Monticello Cir is a home located in Orange County with nearby schools including Locust Grove Elementary School, Locust Grove Primary School, and Locust Grove Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Clements Lawrence D and Clements Robbin
Bought by
Schaepman Spencer D and Schaepman Katherine H
Current Estimated Value
$515,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$322,916
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$192,741

Purchase Details

Closed on
Oct 30, 2008
Sold by
Branch Banking And Trust Co
Bought by
Clements Lawrence D and Clements Robbin L

Purchase Details

Closed on
Apr 10, 2008
Sold by
Barton Marty K and Barton Kimberly D
Bought by
Branch Banking And Trust Co

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
Schaepman Spencer D $360,000 Stewart Title
Clements Lawrence D $250,000 Title Solutions Inc
Branch Banking And Trust Co $258,232 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaepman Spencer D $360,000
Previous Owner Clements Lawrence D $236,000
Previous Owner Clements Lawrence D $30,000
Previous Owner Barton Construction Company Inc $292,000
Previous Owner Barton Mary K $124,100
Previous Owner Barton Marty K $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
2024 $2,302 $300,400 $35,000 $265,400
2023 $2,302 $300,400 $35,000 $265,400
2022 $2,302 $300,400 $35,000 $265,400
2021 $2,210 $306,900 $35,000 $271,900
2020 $2,210 $306,900 $35,000 $271,900
2019 $2,354 $292,800 $35,000 $257,800
2018 $2,354 $292,800 $35,000 $257,800
2017 $2,354 $292,800 $35,000 $257,800
2016 $2,354 $292,800 $35,000 $257,800
2015 $1,937 $269,000 $35,000 $234,000
2014 $1,937 $269,000 $35,000 $234,000
Source: Public Records

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