NOT LISTED FOR SALE

6042 Hot Spring Ln Fredericksburg, VA 22407

Chancellor Neighborhood

Estimated Value: $429,000 - $458,677

3 Beds
2.5 Baths
1,680 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $305,000 $182 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,615/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 2 Car Attached Garage
  • 1-minute walk to Salem Field Playground

About This Home

As of September 2020

Located in sought after Salem Fields, family room off kitchen with gas fireplace. Backs to trees, enjoy the privacy from your deck. Formal living room and dining room. Enjoy all Salem Fields has to offer pool, tennis courts, basketball, clubhouse, walking trails, and tot lots.

Last Agent to Sell the Property

Christy Margoupis

(571) 247-1974 team@cdsells.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/04/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Steven Moore

(540) 842-6143 cmoore@aquiarealty.net Aquia Realty, Inc. License #0225021911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 2004

Lot Details

  • 7,260 Sq Ft Lot
  • Historic Home
  • Property is in good condition
  • Property is zoned P3

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Smith Station Elementary School
  • Freedom Middle School
  • Chancellor High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 363
  • Assessor Parcel Number 22T32-363-

Community Details

Overview

  • Salem Fields Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 2004

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-08-05
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Stove, Refrigerator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 178.51
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 68.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SMITH STATION
  • High School: CHANCELLOR
  • Middle Or Junior School: FREEDOM

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175000.00
  • Land Assessed Value: 85000.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7260.00
  • Property Condition: Good
  • Zoning: P3
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 16872704
  • Tax Annual Amount: 2104.00
  • Assessor Parcel Number: 22T32-363-
  • Tax Lot: 363
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Menezes Patrick
Bought by
Nawaz Ali
Current Estimated Value
$438,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$421,496
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$17,173

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 3, 2020
Sold by
Olabode Olusegun A and Olabode Olaide O
Bought by
Menezes Patrick
Seller's Agent
Christy Margoupis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Steven Moore
Aquia Realty, Inc.
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$315,980
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 11, 2004
Sold by
Lees Hill Construction
Bought by
Olabode Olusegun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,912
Interest Rate
5.99%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nawaz Ali $430,000 First American Title Insurance
Menezes Patrick $305,000 The Title Professionals Llc
Olabode Olusegun $214,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nawaz Ali $422,211
Previous Owner Menezes Patrick $315,980
Previous Owner Olabode Olusegun $218,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $305,000 +1.7% $182 / Sq Ft
08/04/2020 08/04/20 For Sale $299,900 0.0% $179 / Sq Ft
09/12/2017 09/12/17 Rented $1,700 0.0% --
09/12/2017 09/12/17 Under Contract -- -- --
08/18/2017 08/18/17 For Rent $1,700 +6.3% --
08/19/2013 08/19/13 Rented $1,600 0.0% --
08/01/2013 08/01/13 Under Contract -- -- --
07/08/2013 07/08/13 For Rent $1,600 -- --
Source: Bright MLS

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 $2,762 $376,200 $130,000 $246,200
2024 $2,762 $376,200 $130,000 $246,200
2023 $2,412 $312,500 $105,000 $207,500
2022 $2,305 $312,500 $105,000 $207,500
2021 $2,104 $260,000 $85,000 $175,000
2020 $2,104 $260,000 $85,000 $175,000
2019 $2,051 $242,000 $80,000 $162,000
2018 $2,016 $242,000 $80,000 $162,000
2017 $1,916 $225,400 $80,000 $145,400
2016 $1,916 $225,400 $80,000 $145,400
2015 -- $229,900 $70,000 $159,900
2014 -- $229,900 $70,000 $159,900
Source: Public Records

Agents Affiliated with this Home

  • Christy Margoupis

    Seller's Agent in 2020

    Christy Margoupis

    BHHS PenFed (actual)

    (571) 247-1974

    28 in this area

    115 Total Sales

    Christy Margoupis
    Section Image
  • Steven Moore

    Buyer's Agent in 2020

    Steven Moore

    Aquia Realty, Inc.

    (540) 842-6143

    6 in this area

    51 Total Sales

    Steven Moore
    Section Image

  • V

    Buyer's Agent in 2017

    Vicki Northridge

    Weichert Corporate

    Section Image

  • M

    Buyer's Agent in 2013

    Michelle Malocu

    BHHS PenFed (actual)

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VASP224018

Bright MLS

APN: 22T-32-363

Virginia Spotsylvania County Fredericksburg 22407 Chancellor

6042 Hot Spring Ln, Fredericksburg, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes