NOT LISTED FOR SALE

7007 Elon Oaks Ln Mechanicsville, VA 23111

Estimated Value: $597,000 - $630,000

4 Beds
3 Baths
2,788 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 7007 Elon Oaks Ln, Mechanicsville, VA 23111 and is currently estimated at $615,254, approximately $220 per square foot. 7007 Elon Oaks Ln is a home located in Hanover County with nearby schools including Cold Harbor Elementary School, Bell Creek Middle School, and Mechanicsville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Mannino Salvatore and Buffa Maria Valeria
Bought by
Patel Axitaben A and Patel Anishkumar R
Current Estimated Value
$615,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,555
Outstanding Balance
$555,090
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$60,164

Purchase Details

Closed on
Sep 20, 2021
Sold by
Mannino Salvatore
Bought by
Mannino Salvatore and Mannino Maria Valeria

Purchase Details

Closed on
Feb 13, 2015
Sold by
Mannino Salvatore and Mannino Angelo
Bought by
Mannino Salvatore and Mannino Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2006
Sold by
The Nolde Company Inc
Bought by
Mannino Salvatorre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.34%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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

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.

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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
Patel Axitaben A $591,111 First American Title
Patel Axitaben A $591,111 First American Title
Mannino Salvatore -- --
Mannino Salvatore -- --
Mannino Salvatorre $375,621 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Axitaben A $561,555
Closed Patel Axitaben A $561,555
Previous Owner Mannino Salvatore $50,000
Previous Owner Mannino Salvatore $166,139
Previous Owner Mannino Salvatorre $250,000
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 $4,018 $496,000 $100,000 $396,000
2024 $3,498 $431,800 $80,000 $351,800
2023 $3,325 $431,800 $80,000 $351,800
2022 $3,210 $396,300 $75,000 $321,300
2021 $2,829 $349,300 $65,000 $284,300
2020 $2,829 $349,300 $65,000 $284,300
2019 $2,681 $331,000 $60,000 $271,000
2018 $2,681 $331,000 $60,000 $271,000
2017 $2,681 $331,000 $60,000 $271,000
2016 $2,681 $331,000 $60,000 $271,000
2015 $2,681 $331,000 $60,000 $271,000
2014 $2,510 $309,900 $60,000 $249,900
Source: Public Records

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