NOT LISTED FOR SALE

7039 Mechanicsville Turnpike Mechanicsville, VA 23111

Estimated Value: $19,483,144

-- Bed
-- Bath
14,470 Sq Ft
$1,346/Sq Ft Est. Value

About This Home

This home is located at 7039 Mechanicsville Turnpike, Mechanicsville, VA 23111 and is currently estimated at $19,483,144, approximately $1,346 per square foot. 7039 Mechanicsville Turnpike is a home located in Hanover County with nearby schools including Laurel Meadow Elementary School, Bell Creek Middle School, and Mechanicsville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Pinak A Mehta Llc
Bought by
Hanover County
Current Estimated Value
$19,483,144

Purchase Details

Closed on
Jul 18, 2014
Sold by
Mechanicsville Tpk Realty Llc
Bought by
Pinak A Mehta Llc and Nikki P Mehta Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
4.18%
Mortgage Type
Commercial
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
Hanover County -- None Available
Pinak A Mehta Llc $10,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinak A Mehta Llc $6,500,000
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 $27,374 $3,379,500 $1,173,100 $2,206,400
2024 $26,046 $3,215,500 $1,154,100 $2,061,400
2023 $24,759 $3,215,500 $1,154,100 $2,061,400
2022 $23,129 $2,855,400 $1,154,100 $1,701,300
2021 $23,129 $2,855,400 $1,154,100 $1,701,300
2020 $27,645 $3,413,000 $1,000,200 $2,412,800
2019 $22,200 $3,563,800 $1,151,000 $2,412,800
2018 $22,200 $2,740,800 $1,106,700 $1,634,100
2017 $22,200 $2,740,800 $1,106,700 $1,634,100
2016 $22,200 $2,740,800 $1,106,700 $1,634,100
2015 $22,200 $2,740,800 $1,106,700 $1,634,100
2014 $20,764 $2,563,400 $1,018,200 $1,545,200
Source: Public Records

Map

Virginia Hanover County Mechanicsville 23111

7039 Mechanicsville Turnpike, Mechanicsville, VA

This home is located at 7039 Mechanicsville Turnpike, Mechanicsville, VA 23111 and is currently estimated at $19,483,144, approximately $1,346 per square foot. 7039 Mechanicsville Turnpike is a home located in Hanover County with nearby schools including Laurel Meadow Elementary School, Bell Creek Middle School, and Mechanicsville High School.

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