7223 Loralea Dr Mechanicsville, VA 23111
Estimated Value: $354,000 - $386,000
3
Beds
2
Baths
1,508
Sq Ft
$244/Sq Ft
Est. Value
About This Home
This home is located at 7223 Loralea Dr, Mechanicsville, VA 23111 and is currently estimated at $367,693, approximately $243 per square foot. 7223 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2009
Sold by
Davenport William L
Bought by
Taylor James G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,413
Outstanding Balance
$123,823
Interest Rate
4.92%
Mortgage Type
FHA
Estimated Equity
$243,870
Purchase Details
Closed on
Oct 30, 2008
Sold by
Toombs Linwood E
Bought by
Davenport William L
Purchase Details
Closed on
Aug 19, 2004
Sold by
Shepherd Edith M
Bought by
Toombs Linwood E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.03%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Taylor James G | $198,000 | -- | |
| Davenport William L | $165,000 | -- | |
| Toombs Linwood E | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Taylor James G | $194,413 | |
| Previous Owner | Toombs Linwood E | $140,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,669 | $329,500 | $90,000 | $239,500 |
| 2024 | $2,396 | $295,800 | $80,000 | $215,800 |
| 2023 | $2,111 | $274,100 | $75,000 | $199,100 |
| 2022 | $2,060 | $254,300 | $75,000 | $179,300 |
| 2021 | $1,937 | $239,100 | $70,000 | $169,100 |
| 2020 | $1,768 | $218,300 | $65,000 | $153,300 |
| 2019 | $1,602 | $197,800 | $55,000 | $142,800 |
| 2018 | $1,602 | $197,800 | $55,000 | $142,800 |
| 2017 | $1,489 | $183,800 | $55,000 | $128,800 |
| 2016 | $1,489 | $183,800 | $55,000 | $128,800 |
| 2015 | $1,489 | $183,800 | $55,000 | $128,800 |
| 2014 | $1,489 | $183,800 | $55,000 | $128,800 |
Source: Public Records
Map
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