5950 Lake Willow Way Mechanicsville, VA 23111
Estimated Value: $507,000 - $516,000
4
Beds
3
Baths
2,522
Sq Ft
$202/Sq Ft
Est. Value
About This Home
This home is located at 5950 Lake Willow Way, Mechanicsville, VA 23111 and is currently estimated at $509,853, approximately $202 per square foot. 5950 Lake Willow Way is a home located in Hanover County with nearby schools including Battlefield Park Elementary School, Bell Creek Middle School, and Mechanicsville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2005
Sold by
Benadon Michael R
Bought by
Troxel Richard M
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
$175,000
Outstanding Balance
$92,048
Interest Rate
5.68%
Mortgage Type
New Conventional
Estimated Equity
$417,805
Purchase Details
Closed on
Sep 25, 1999
Sold by
Gray & Gray Bldrs Inc
Bought by
Benadon Michael R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,143
Interest Rate
8.1%
Purchase Details
Closed on
Sep 22, 1999
Sold by
Vind Gerald H
Bought by
Winser Capri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,143
Interest Rate
8.1%
Purchase Details
Closed on
Nov 30, 1998
Sold by
Pmg-One L L C
Bought by
Gray And Gray Bldrs Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.8%
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 |
|---|---|---|---|
| Troxel Richard M | $323,000 | -- | |
| Benadon Michael R | $189,625 | -- | |
| Winser Capri | $147,000 | -- | |
| Gray And Gray Bldrs Inc | $33,450 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Troxel Richard M | $175,000 | |
| Previous Owner | Benadon Michael R | $180,143 | |
| Previous Owner | Winser Capri | $117,600 | |
| Previous Owner | Gray And Gray Bldrs Inc | $2,000,000 |
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 | $3,608 | $445,400 | $95,000 | $350,400 |
| 2024 | $3,391 | $418,600 | $95,000 | $323,600 |
| 2023 | $3,035 | $394,200 | $85,000 | $309,200 |
| 2022 | $2,831 | $349,500 | $75,000 | $274,500 |
| 2021 | $2,631 | $324,800 | $70,000 | $254,800 |
| 2020 | $2,469 | $304,800 | $65,000 | $239,800 |
| 2019 | $2,322 | $304,800 | $65,000 | $239,800 |
| 2018 | $2,322 | $286,700 | $65,000 | $221,700 |
| 2017 | $2,322 | $286,700 | $65,000 | $221,700 |
| 2016 | $2,091 | $258,100 | $63,000 | $195,100 |
| 2015 | $2,091 | $258,100 | $63,000 | $195,100 |
| 2014 | $2,091 | $258,100 | $63,000 | $195,100 |
Source: Public Records
Map
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