7 Palace Ln Stafford, VA 22554
North Stafford Courthouse NeighborhoodEstimated Value: $640,000 - $697,000
4
Beds
4
Baths
2,808
Sq Ft
$239/Sq Ft
Est. Value
About This Home
This home is located at 7 Palace Ln, Stafford, VA 22554 and is currently estimated at $670,081, approximately $238 per square foot. 7 Palace Ln is a home located in Stafford County with nearby schools including Hampton Oaks Elementary School, H.H. Poole Middle School, and North Stafford High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 15, 2006
Sold by
Corcoran Edward
Bought by
Lloyd Charles W
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
$376,500
Outstanding Balance
$221,970
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$448,111
Purchase Details
Closed on
Jan 13, 2004
Sold by
Hillis Glenn E
Bought by
Corcoran Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
5.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2002
Sold by
K Hovnanian At Hampton Oa
Bought by
Hillis Glenn E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,150
Interest Rate
6.2%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Lloyd Charles W | $600,000 | -- | |
| Corcoran Edward | $389,900 | -- | |
| Hillis Glenn E | $313,997 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lloyd Charles W | $376,500 | |
| Previous Owner | Corcoran Edward | $311,900 | |
| Previous Owner | Hillis Glenn E | $251,150 |
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 | $4,913 | $541,800 | $155,000 | $386,800 |
| 2024 | $4,913 | $541,800 | $155,000 | $386,800 |
| 2023 | $4,893 | $517,800 | $140,000 | $377,800 |
| 2022 | $4,401 | $517,800 | $140,000 | $377,800 |
| 2021 | $3,943 | $406,500 | $110,000 | $296,500 |
| 2020 | $3,943 | $406,500 | $110,000 | $296,500 |
| 2019 | $3,989 | $394,900 | $100,000 | $294,900 |
| 2018 | $3,910 | $394,900 | $100,000 | $294,900 |
| 2017 | $3,873 | $391,200 | $90,000 | $301,200 |
| 2016 | $3,873 | $391,200 | $90,000 | $301,200 |
| 2015 | -- | $384,400 | $90,000 | $294,400 |
| 2014 | -- | $384,400 | $90,000 | $294,400 |
Source: Public Records
Map
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