NOT LISTED FOR SALE

Estimated Value: $314,000 - $375,000

3 Beds
2 Baths
1,245 Sq Ft
$268/Sq Ft Est. Value

About This Home

This home is located at 7218 Full Rack Dr, Midlothian, VA 23112 and is currently estimated at $333,637, approximately $267 per square foot. 7218 Full Rack Dr is a home located in Chesterfield County with nearby schools including Alberta Smith Elementary School, Bailey Bridge Middle School, and Manchester High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Tibbetts Bruce W
Bought by
Chesterfield Double Eagle Investments Ll
Current Estimated Value
$333,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$119,555
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$200,468

Purchase Details

Closed on
Jul 24, 2019
Sold by
Tibbetts Bruce W
Bought by
Chesterfield Double Eagle Investments Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2016
Sold by
Tibbetts Brandon T
Bought by
Chesterfield Double Eagle Investments Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2011
Sold by
Harris Jason L
Bought by
Tibbetts Brandon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,451
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2007
Sold by
Payne Lee
Bought by
Harris Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,472
Interest Rate
6.39%
Mortgage Type
VA

Purchase Details

Closed on
Jun 8, 2001
Sold by
Sec Of Hud
Bought by
Payne Lee W and Payne Terry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,542
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Looney S Watson
Bought by
Clements Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,753
Interest Rate
6.78%
Mortgage Type
FHA

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

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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
Chesterfield Double Eagle Investments Ll -- None Available
Tibbetts Bruce W -- None Available
Chesterfield Double Eagle Investments Ll -- None Available
Tibbetts Bruce W -- None Available
Chesterfield Double Eagle Investments Ll $158,000 Attorney
Tibbetts Brandon T $140,000 --
Harris Jason $208,000 --
Payne Lee W $94,340 --
Clements Michael W $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chesterfield Double Eagle Investments Ll $129,000
Previous Owner Tibbetts Bruce W $130,000
Previous Owner Chesterfield Double Eagle Investments Ll $170,000
Previous Owner Tibbetts Brandon T $136,451
Previous Owner Harris Jason $10,000
Previous Owner Clements Michael W $212,472
Previous Owner Clements Michael W $93,542
Previous Owner Clements Michael W $88,753
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
2024 $2,425 $266,700 $60,000 $206,700
2023 $2,278 $250,300 $57,000 $193,300
2022 $2,116 $230,000 $54,000 $176,000
2021 $1,947 $200,200 $52,000 $148,200
2020 $1,805 $190,000 $50,000 $140,000
2019 $1,739 $183,000 $48,000 $135,000
2018 $1,665 $175,800 $47,000 $128,800
2017 $1,610 $162,500 $44,000 $118,500
2016 $1,486 $154,800 $43,000 $111,800
2015 $1,483 $151,900 $42,000 $109,900
2014 $1,464 $149,900 $41,000 $108,900
Source: Public Records

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