NOT LISTED FOR SALE

7240 Chancellor Rd Fredericksburg, VA 22407

Estimated Value: $783,000 - $855,000

4 Beds
4 Baths
3,572 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 7240 Chancellor Rd, Fredericksburg, VA 22407 and is currently estimated at $825,098, approximately $230 per square foot. 7240 Chancellor Rd is a home located in Spotsylvania County with nearby schools including Smith Station Elementary School, Freedom Middle School, and Riverbend High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Powell Velva W and The Velva Powell Living Trust
Bought by
Page Scott R and Page Yolanda N
Current Estimated Value
$825,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,088
Outstanding Balance
$429,681
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$395,417

Purchase Details

Closed on
Sep 15, 2014
Sold by
Powell Velva W
Bought by
Powell Trustee Velva W and Velva Powell Living Trust

Purchase Details

Closed on
Feb 2, 2012
Sold by
Reil Ellen P
Bought by
Powell Velva W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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

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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
Page Scott R $492,000 Attorney
Powell Trustee Velva W -- --
Powell Velva W $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Scott R $483,088
Previous Owner Powell Velva W $208,000
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 $5,565 $757,900 $112,700 $645,200
2024 $5,565 $757,900 $112,700 $645,200
2023 $3,750 $485,900 $89,200 $396,700
2022 $3,577 $484,900 $89,200 $395,700
2021 $3,567 $440,700 $77,400 $363,300
2020 $3,567 $440,700 $77,400 $363,300
2019 $3,510 $414,200 $71,500 $342,700
2018 $3,450 $414,200 $71,500 $342,700
2017 $3,467 $407,900 $62,700 $345,200
2016 $3,467 $407,900 $62,700 $345,200
2015 -- $370,300 $59,700 $310,600
2014 -- $370,300 $59,700 $310,600
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22407

7240 Chancellor Rd, Fredericksburg, VA

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