NOT LISTED FOR SALE

7248 Memory Ln Crozet, VA 22932

Estimated Value: $429,000 - $2,891,000

3 Beds
1 Bath
926 Sq Ft
$1,164/Sq Ft Est. Value

About This Home

This home is located at 7248 Memory Ln, Crozet, VA 22932 and is currently estimated at $1,077,930, approximately $1,164 per square foot. 7248 Memory Ln is a home with nearby schools including Brownsville Elementary School, Joseph T. Henley Middle School, and Western Albemarle High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Propaganda Llc
Bought by
Memory Lane Llc
Current Estimated Value
$1,077,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Outstanding Balance
$2,308,707
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$1,230,777

Purchase Details

Closed on
Apr 14, 2010
Sold by
Farm Credit Of The Virginias Aca
Bought by
Propaganda Llc

Purchase Details

Closed on
Jan 23, 2006
Sold by
Quinn Paul D
Bought by
Greenwood Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
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
Memory Lane Llc $3,550,000 First American Title Ins Co
Propaganda Llc $2,400,000 --
Greenwood Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memory Lane Llc $2,550,000
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 $2,719 $304,100 $185,900 $118,200
2024 $2,542 $297,600 $188,000 $109,600
2023 $2,447 $286,500 $182,800 $103,700
2022 $2,156 $252,500 $165,200 $87,300
2021 $2,047 $239,700 $153,500 $86,200
2020 $1,935 $226,600 $144,300 $82,300
2019 $1,898 $222,200 $143,000 $79,200
2018 $0 $203,200 $131,200 $72,000
2017 $1,434 $170,900 $115,900 $55,000
2016 $1,615 $192,500 $128,700 $63,800
2015 $810 $197,900 $136,500 $61,400
2014 -- $197,400 $135,400 $62,000
Source: Public Records

Map

Virginia Albemarle County Crozet 22932

7248 Memory Ln, Crozet, VA

Not Listed for Sale

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