NOT LISTED FOR SALE

7220 Loralea Dr Mechanicsville, VA 23111

Estimated Value: $356,000 - $401,116

3 Beds
2 Baths
1,568 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 7220 Loralea Dr, Mechanicsville, VA 23111 and is currently estimated at $377,029, approximately $240 per square foot. 7220 Loralea Dr is a home located in Hanover County with nearby schools including Laurel Meadow Elementary School, Bell Creek Middle School, and Mechanicsville High School.

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
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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

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 $2,940 $363,000 $90,000 $273,000
2024 $2,641 $326,000 $80,000 $246,000
2023 $2,305 $299,300 $75,000 $224,300
2022 $2,132 $263,200 $75,000 $188,200
2021 $2,027 $250,200 $70,000 $180,200
2020 $1,880 $232,100 $65,000 $167,100
2019 $1,706 $210,600 $55,000 $155,600
2018 $1,706 $210,600 $55,000 $155,600
2017 $1,591 $196,400 $55,000 $141,400
2016 $1,591 $196,400 $55,000 $141,400
2015 $1,591 $196,400 $55,000 $141,400
2014 $1,591 $196,400 $55,000 $141,400
Source: Public Records

Map

Virginia Hanover County Mechanicsville 23111

7220 Loralea Dr, Mechanicsville, VA

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