5308 River Rd Fredericksburg, VA 22407
Chancellor Neighborhood
3
Beds
3
Baths
70,302
Sq Ft
5.59
Acres
About This Home
This home is located at 5308 River Rd, Fredericksburg, VA 22407. 5308 River Rd is a home located in Spotsylvania County with nearby schools including Salem Elementary School, Chancellor Middle School, and Riverbend High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 26, 2022
Sold by
Spring Arbor Of Fredericksburg Llc
Bought by
Spring Arbor Fredericksburg Va Landlord Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,552,557
Outstanding Balance
$10,046,874
Interest Rate
5.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2011
Sold by
Stacy Christopher W
Bought by
Spring Arbor Of Fredericksburg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 22, 2006
Sold by
Stacy Christopher
Bought by
Commonwealth Of Va
Purchase Details
Closed on
Aug 25, 2005
Sold by
Campbell Garnet B
Bought by
Stacy Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.68%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Spring Arbor Fredericksburg Va Landlord Llc | $11,200,000 | New Title Company Name | |
| Spring Arbor Of Fredericksburg | $2,900,000 | -- | |
| Commonwealth Of Va | $7,900 | -- | |
| Stacy Christopher | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spring Arbor Fredericksburg Va Landlord Llc | $10,552,557 | |
| Previous Owner | Spring Arbor Of Fredericksburg | $2,175,000 | |
| Previous Owner | Stacy Christopher | $500,000 |
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 | $108,712 | $14,804,900 | $2,812,500 | $11,992,400 |
| 2024 | $108,712 | $14,804,900 | $2,812,500 | $11,992,400 |
| 2023 | $89,959 | $11,657,200 | $2,475,000 | $9,182,200 |
| 2022 | $85,995 | $11,657,200 | $2,475,000 | $9,182,200 |
| 2021 | $82,428 | $10,183,900 | $1,485,000 | $8,698,900 |
| 2020 | $82,428 | $10,183,900 | $1,485,000 | $8,698,900 |
| 2019 | $74,744 | $8,820,400 | $1,350,000 | $7,470,400 |
| 2018 | $73,474 | $8,820,400 | $1,350,000 | $7,470,400 |
| 2017 | $72,141 | $8,487,200 | $991,500 | $7,495,700 |
| 2016 | $72,141 | $8,487,200 | $991,500 | $7,495,700 |
| 2015 | -- | $7,765,900 | $991,500 | $6,774,400 |
| 2014 | -- | $7,765,900 | $991,500 | $6,774,400 |
Source: Public Records
Map
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