NOT LISTED FOR SALE

5108 Ridge Rd Spotsylvania, VA 22551

Margo Neighborhood

Estimated Value: $468,000 - $569,000

3 Beds
2 Baths
1,871 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $216,950 $116 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,085/month

About This Home

As of January 2014

3 BR, 2 Bath Ranch with fresh paint, new carpet and a huge 1,700 sq. ft. walk-out basement. Large fenced in backyarrd, spacious master with walk-in closet and upgraded master bath, 2 storage sheds. Sold as is. This home is eligible for Homesteps financing.

Last Agent to Sell the Property

Josh Simpson

Hometown Realty License #0225192603 Listed on: 10/04/2013

Hometown Realty

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,517

Year Built

  • 2005

Lot Details

  • 1

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 69-6-9B

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,517

Year Built

2005

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 115.95
  • Finished Sq Ft: 1871
  • Unfished Sq Ft: 1827
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Dishwasher, Gas Cooking, Refrigerator
  • Flooring: Carpet-Part, Vinyl, Wood-Part
  • Interior: 1st Floor Bedrm W/ Full Bath
  • Number of Rooms: 7
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Unfinished, Walk-Out
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Propane Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Conventional Septic
  • Water: Well

Schools

  • Elementary School: Livingston
  • Middle School: Post Oak
  • High School: Spotsylvania

Lot Info

  • Lot: 9
  • Parcel Number: 69-6-9B

Multi Family

  • Attachment Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Jan 27, 2014
Sold by
Federal Home Loan Mortgae
Bought by
Hichborn Michael D
Seller's Agent
Josh Simpson
Hometown Realty
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$229,900
Sold Price
$216,950
Premium/Discount to List
-$12,950
-5.63%
Current Estimated Value
$516,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,394
Avg. Annual Appreciation
8.19%
Original Mortgage
$206,102
Outstanding Balance
$160,130
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$381,989

Purchase Details

Closed on
Aug 8, 2013
Sold by
Alg Trustee Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 15, 2005
Sold by
Lake Anna Homes Iv L L C
Bought by
Sneeringer Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Hichborn Michael D $216,950 --
Federal Home Loan Mortgage Corporation $253,034 --
Sneeringer Stephen L $321,363 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hichborn Michael D $206,102
Previous Owner Sneeringer Stephen L $245,500
Previous Owner Sneeringer Stephen L $247,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $216,950 -5.6% $116 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $229,900 -- $123 / Sq Ft
Source: Central Virginia Regional MLS

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 $3,517 $479,000 $35,000 $444,000
2024 $3,316 $451,600 $35,000 $416,600
2023 $2,943 $381,400 $30,000 $351,400
2022 $2,814 $381,400 $30,000 $351,400
2021 $2,665 $329,200 $30,000 $299,200
2020 $2,665 $329,200 $30,000 $299,200
2019 $2,613 $308,300 $30,000 $278,300
2018 $2,568 $308,300 $30,000 $278,300
2017 $2,337 $274,900 $30,000 $244,900
2016 $2,337 $274,900 $30,000 $244,900
2015 -- $260,500 $30,000 $230,500
2014 -- $260,500 $30,000 $230,500
Source: Public Records

Agents Affiliated with this Home

  • Josh Simpson

    Seller's Agent in 2014

    Josh Simpson

    Hometown Realty

    (804) 387-8734

    127 Total Sales

    Josh Simpson
    Section Image

  • N

    Buyer's Agent in 2014

    NON MLS USER MLS

    NON MLS OFFICE

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Map

Source: Central Virginia Regional MLS

MLS Number: 1325914

Central Virginia Regional MLS

APN: 69-6-9B

Virginia Spotsylvania County Spotsylvania 22551 Margo

5108 Ridge Rd, Spotsylvania, VA

This home is located at 5108 Ridge Rd, Spotsylvania, VA 22551 since 04 October 2013 and is currently estimated at $516,344, approximately $275 per square foot. This property was built in 2005. 5108 Ridge Rd is a home located in Spotsylvania County with nearby schools including Livingston Elementary School, Post Oak Middle School, and Spotsylvania 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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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