5040 Tara Dr Fredericksburg, VA 22407
Estimated Value: $387,000 - $431,000
4
Beds
3
Baths
2,114
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 5040 Tara Dr, Fredericksburg, VA 22407 and is currently estimated at $412,348, approximately $195 per square foot. 5040 Tara Dr is a home located in Spotsylvania County with nearby schools including Harrison Road Elementary School, Chancellor Middle School, and Chancellor High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2019
Sold by
Akerley Martha L and Akerley Paul
Bought by
Morris Randi B and Morris Kevin W
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
$273,556
Outstanding Balance
$240,990
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$171,358
Purchase Details
Closed on
May 30, 2008
Sold by
Davies Michael
Bought by
Schroeder Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,523
Interest Rate
5.91%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Morris Randi B | $265,000 | Martin Title & Stlmnt Svcs | |
| Schroeder Martha | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morris Randi B | $273,556 | |
| Previous Owner | Schroeder Martha | $221,523 |
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 | $2,574 | $350,500 | $125,000 | $225,500 |
| 2024 | $2,574 | $350,500 | $125,000 | $225,500 |
| 2023 | $2,095 | $271,500 | $95,000 | $176,500 |
| 2022 | $2,003 | $271,500 | $95,000 | $176,500 |
| 2021 | $2,091 | $258,400 | $80,000 | $178,400 |
| 2020 | $2,091 | $258,400 | $80,000 | $178,400 |
| 2019 | $1,811 | $213,700 | $75,000 | $138,700 |
| 2018 | $1,780 | $213,700 | $75,000 | $138,700 |
| 2017 | $1,643 | $193,300 | $65,000 | $128,300 |
| 2016 | $1,643 | $193,300 | $65,000 | $128,300 |
| 2015 | -- | $171,700 | $50,000 | $121,700 |
| 2014 | -- | $171,700 | $50,000 | $121,700 |
Source: Public Records
Map
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