NOT LISTED FOR SALE

5597 Paynes Point Gloucester, VA 23061

Gloucester South Neighborhood

Estimated Value: $985,105 - $1,087,000

4 Beds
4 Baths
3,170 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 5597 Paynes Point, Gloucester, VA 23061 and is currently estimated at $1,054,526, approximately $332 per square foot. 5597 Paynes Point is a home located in Gloucester County with nearby schools including Abingdon Elementary School, Page Middle School, and Gloucester High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Smith Family Trust
Bought by
Smith Evan and Smith Katharine
Current Estimated Value
$1,054,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,218
Outstanding Balance
$502,886
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$551,640

Purchase Details

Closed on
Jun 7, 2019
Sold by
George Edward H and George Lori Ann
Bought by
Smith Evan and Smith Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2016
Sold by
The Ludwell Lewis Pickett Trust Dated Ju
Bought by
George Edward H and George Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Smith Evan -- First American Title
Smith Evan $735,000 Attorney
George Edward H $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Evan $558,218
Previous Owner Smith Evan $588,000
Previous Owner George Edward H $480,000
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 $5,356 $858,390 $413,170 $445,220
2024 $5,356 $858,390 $413,170 $445,220
2023 $5,090 $858,390 $413,170 $445,220
2022 $4,669 $635,300 $283,910 $351,390
2021 $4,479 $635,300 $283,910 $351,390
2020 $4,251 $602,940 $283,910 $319,030
2019 $4,279 $607,020 $315,450 $291,570
2017 $4,279 $607,020 $315,450 $291,570
2016 $4,885 $692,920 $378,500 $314,420
2015 $4,781 $601,000 $243,000 $358,000
2014 $3,967 $601,000 $243,000 $358,000
Source: Public Records

Map

Virginia Gloucester County Gloucester 23061 Gloucester South

5597 Paynes Point, Gloucester, VA

Not Listed for Sale

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