NOT LISTED FOR SALE

7001 Summit Ln Fredericksburg, VA 22407

Chancellor Neighborhood

Estimated Value: $382,000 - $395,000

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

About This Home

This home is located at 7001 Summit Ln, Fredericksburg, VA 22407 and is currently estimated at $389,751, approximately $209 per square foot. 7001 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
Sep 26, 2022
Sold by
Arnold Dorothy A
Bought by
Arnold Dorothy A and Verdine Angela M
Current Estimated Value
$389,751

Purchase Details

Closed on
Jul 1, 2005
Sold by
Sweeney Bernard L
Bought by
Arnold Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2002
Sold by
Altegra Credit Co
Bought by
Sweeney Bernard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2000
Sold by
Lees Hill Constr
Bought by
Riley Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,550
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Arnold Dorothy A -- Ekko Title
Arnold Dorothy A $302,500 --
Sweeney Bernard L $172,000 --
Riley Ann $165,740 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Dorothy A $242,000
Previous Owner Sweeney Bernard L $137,600
Previous Owner Riley Ann $132,550
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

7001 Summit Ln, Fredericksburg, VA

Not Listed for Sale

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