NOT LISTED FOR SALE

7000 Summit Ln Fredericksburg, VA 22407

Chancellor Neighborhood

Estimated Value: $382,000 - $396,000

2 Beds
2 Baths
1,857 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 7000 Summit Ln, Fredericksburg, VA 22407 and is currently estimated at $389,197, approximately $209 per square foot. 7000 Summit 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
Aug 12, 2009
Sold by
Foundos Spero J
Bought by
Petruzzo Joseph J
Current Estimated Value
$389,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$105,116
Interest Rate
5.36%
Mortgage Type
New Conventional
Estimated Equity
$284,081

Purchase Details

Closed on
Dec 17, 2004
Sold by
Barker Phillip
Bought by
Foundos Spero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2000
Sold by
Lee'S Hill Const L L C
Bought by
Barker Phillip P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage
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

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First American

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Quantarium

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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
Petruzzo Joseph J $215,000 --
Foundos Spero $279,500 --
Barker Phillip P $166,790 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petruzzo Joseph J $160,000
Previous Owner Foundos Spero $219,500
Previous Owner Barker Phillip P $170,050
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 $2,229 $303,500 $115,000 $188,500
2024 $2,229 $303,500 $115,000 $188,500
2023 $2,003 $259,600 $100,000 $159,600
2022 $1,915 $259,600 $100,000 $159,600
2021 $1,901 $234,900 $80,000 $154,900
2020 $1,901 $234,900 $80,000 $154,900
2019 $1,801 $212,500 $75,000 $137,500
2018 $1,770 $212,500 $75,000 $137,500
2017 $1,754 $206,300 $65,000 $141,300
2016 $1,754 $206,300 $65,000 $141,300
2015 -- $185,200 $55,000 $130,200
2014 -- $185,200 $55,000 $130,200
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22407 Chancellor

7000 Summit Ln, Fredericksburg, VA

Not Listed for Sale

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