NOT LISTED FOR SALE

6040 Hot Spring Ln Fredericksburg, VA 22407

Chancellor Neighborhood

Estimated Value: $474,000 - $498,000

4 Beds
3 Baths
2,236 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 6040 Hot Spring Ln, Fredericksburg, VA 22407 and is currently estimated at $486,569, approximately $217 per square foot. 6040 Hot Spring Ln is a home located in Spotsylvania County with nearby schools including Smith Station Elementary School, Freedom Middle School, and Chancellor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2017
Sold by
Jordan Rodney E and Meeker Tammy F
Bought by
Jordan Rodney E
Current Estimated Value
$486,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$176,848
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$309,721

Purchase Details

Closed on
Jul 27, 2005
Sold by
Gholston Nathan E
Bought by
Jordan Rodney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Lees Hill Construction
Bought by
Gholston Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,580
Interest Rate
5.75%
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

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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
Jordan Rodney E -- None Available
Jordan Rodney E $400,000 --
Gholston Nathan $249,525 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Rodney E $264,000
Closed Jordan Rodney E $320,000
Previous Owner Gholston Nathan $252,580
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 $3,144 $428,100 $130,000 $298,100
2024 $3,144 $428,100 $130,000 $298,100
2023 $2,750 $356,400 $105,000 $251,400
2022 $2,629 $356,400 $105,000 $251,400
2021 $2,406 $297,200 $85,000 $212,200
2020 $2,406 $297,200 $85,000 $212,200
2019 $2,338 $275,900 $80,000 $195,900
2018 $2,298 $275,900 $80,000 $195,900
2017 $2,172 $255,500 $80,000 $175,500
2016 $2,172 $255,500 $80,000 $175,500
2015 -- $263,200 $70,000 $193,200
2014 -- $263,200 $70,000 $193,200
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22407 Chancellor

6040 Hot Spring Ln, Fredericksburg, VA

Not Listed for Sale

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