NOT LISTED FOR SALE

5507 Red Gum Ln Fredericksburg, VA 22407

Estimated Value: $681,000 - $704,000

4 Beds
3 Baths
3,972 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 5507 Red Gum Ln, Fredericksburg, VA 22407 and is currently estimated at $694,086, approximately $174 per square foot. 5507 Red Gum Ln is a home located in Spotsylvania County with nearby schools including Battlefield Elementary School, Chancellor Middle School, and Chancellor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2022
Sold by
Richmond American Homes Of Virginia Inc
Bought by
Perkins Charles Leslie
Current Estimated Value
$694,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$561,483
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$132,603
Source: Public Records

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
Perkins Charles Leslie $630,000 Champion Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Charles Leslie $580,000
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
2025 $4,304 $586,100 $140,000 $446,100
2024 $4,304 $586,100 $140,000 $446,100
2023 $4,004 $518,800 $120,000 $398,800
2022 $885 $120,000 $120,000 $0
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22407

5507 Red Gum Ln, Fredericksburg, VA

This home is located at 5507 Red Gum Ln, Fredericksburg, VA 22407 and is currently estimated at $694,086, approximately $174 per square foot. 5507 Red Gum Ln is a home located in Spotsylvania County with nearby schools including Battlefield Elementary School, Chancellor Middle School, and Chancellor High School.

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