NOT LISTED FOR SALE

7040 Reno Ln Fredericksburg, VA 22407

Chancellor Neighborhood

Estimated Value: $621,000 - $647,708

4 Beds
4 Baths
3,620 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $485,000 $134 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,671/month

10 Days on Market

Highlights

  • Above Ground Pool
  • 2 Acre Lot
  • Deck
  • Chancellor Elementary School Rated A-
  • Open Floorplan
  • Rambler Architecture

About This Home

As of June 2021

Welcome To Your New Home. This Move In Ready Rambler Boasts 4 Bedrooms, 4 Full Bathrooms, Wrap Around Deck, Multiple Storage Buildings, Over 3600 Sq Ft Of Living Space All Nestled On A 2 Acre Spread. Luxury Vinyl Planking Floors Meet You At The Front Door & Lead You To The Soapstone Wood Stove Which Stands Center Stage. Large Vaulted Ceilings Fill The Open Concept Main Level Entertaining Space. Freshly Updated Kitchen Boasting Granite Countertops, Ample Prep & Storage Space. 3 Bedrooms On The Main Level & 2 With Private En-Suites. New Carpet & Freshly Painted. Fully Finished Basement Boasts A Large Recreation Room, Full Bath, Storage & Multiple Flex Spaces. Above Ground Pool With Heater, Patio & Fire Pit Make This BackYard Complete. 2 Minutes To River Bend High School & Convenient To Shopping, Interstate, Central Park & More. And Did We Mention These Perks: Whole House Fan In Attic. Generator Hook Up To Run Essentials. Camper Storage Enclosure That Has A 30 Amp Hookup & Dump Station. All 3 Sheds Have Electricity Run & The Storage Room Has A Air Compressor Tool Hookup. New HVAC 2019, New Water Heater 2020, New Pool Pump/Filter/Sand 2020.

Last Agent to Sell the Property

Ryan Frey

(540) 685-1010 ryansellsrealestate@gmail.com Keller Williams Capital Properties Listed on: 04/30/2021

Keller Williams Capital Properties

Last Buyer's Agent

Vanessa Sfreddo

(540) 270-7949 vanessa.sfreddo@gmail.com CENTURY 21 New Millennium License #0225093230

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1984

Lot Details

  • 2 Acre Lot
  • Historic Home
  • Property is zoned RU

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Outbuilding
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Five Mile Fork Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-17-2B2A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: security cameras & ring doorbell
  • Historic: Yes
  • Inclusions: Kitchen Appliances, Storage Sheds, Carport
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-04-30
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Flooring Type: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Upgraded Countertops
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3620
  • Living Area Sq Ft: 3620
  • Price Per Sq Ft: 256.62
  • Above Grade Finished Sq Ft: 1812
  • Below Grade Finished Sq Ft: 1808
  • Total Below Grade Sq Ft: 1808
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Pool Features: Above Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 235200.00
  • Land Assessed Value: 79700.00
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Patio(s), Wrap Around
  • Zoning: RU
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16831838
  • Tax Annual Amount: 2548.00
  • Assessor Parcel Number: 12-17-2B2A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 3, 2021
Sold by
Mack Sean and Mack Lindsay
Bought by
Robertson Christopher Reid
Seller's Agent
Ryan Frey
Keller Williams Capital Properties
Buyer's Agent
Vanessa Sfreddo
CENTURY 21 New Millennium
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%
Current Estimated Value
$637,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,677
Avg. Annual Appreciation
6.30%
Original Mortgage
$388,000
Outstanding Balance
$351,286
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$286,391

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 18, 2018
Sold by
Reno-Batt Denise Robin and Hatt Stephen Wayne
Bought by
Mack Sean and Mack Lindsay
Seller's Agent
Michael Curry
Military Prime Property Management & Real Estate Services LLC
Buyer's Agent
Ryan Frey
Keller Williams Capital Properties
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$363,636
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Robertson Christopher Reid $485,000 Bay County Settlements Inc
Mack Sean $360,000 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Christopher Reid $388,000
Previous Owner Mack Sean $363,636
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $485,000 +4.3% $134 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $465,000 0.0% $128 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $465,000 +29.2% $128 / Sq Ft
05/18/2018 05/18/18 Sold $360,000 -2.4% $99 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $369,000 -- $102 / Sq Ft
Source: Bright MLS

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 $3,652 $497,400 $125,900 $371,500
2024 $3,652 $497,400 $125,900 $371,500
2023 $3,250 $421,100 $99,800 $321,300
2022 $3,106 $421,100 $99,800 $321,300
2021 $2,549 $314,900 $79,700 $235,200
2020 $2,549 $314,900 $79,700 $235,200
2019 $2,500 $295,000 $64,800 $230,200
2018 $2,044 $245,400 $64,800 $180,600
2017 $2,075 $244,100 $54,900 $189,200
2016 $2,075 $244,100 $54,900 $189,200
2015 -- $243,400 $54,900 $188,500
2014 -- $243,400 $54,900 $188,500
Source: Public Records

Agents Affiliated with this Home

  • Ryan Frey

    Seller's Agent in 2021

    Ryan Frey

    Keller Williams Capital Properties

    (540) 685-1010

    6 in this area

    64 Total Sales

    Ryan Frey
    Section Image
  • Vanessa Sfreddo

    Buyer's Agent in 2021

    Vanessa Sfreddo

    Century 21 New Millennium

    (540) 270-7949

    2 in this area

    30 Total Sales

    Vanessa Sfreddo
    Section Image

  • M

    Seller's Agent in 2018

    Michael Curry

    Military Prime Property Management & Real Estate Services LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: VASP230586

Bright MLS

APN: 12-17-2B2A

Virginia Spotsylvania County Fredericksburg 22407 Chancellor

7040 Reno Ln, Fredericksburg, VA

Not Listed for Sale

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