NOT LISTED FOR SALE

7253 Pegway Ln Mechanicsville, VA 23111

Estimated Value: $337,000 - $366,000

3 Beds
2 Baths
1,404 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $175,000 $125 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,045/month

Highlights

  • Wood Flooring
  • Laurel Meadow Elementary School Rated A-
  • Central Air

About This Home

As of November 2014

Great 3BR 2BA all brick ranch in Meadow Gate. Features central air, wood floors, brick fireplace and updated kitchen. Outside there is a large deck and tool shed with a fenced back yard. The only house in Meadow Gate currently for sale!

Last Agent to Sell the Property

George Woods

Virginia Capital Realty License #0225049105 Listed on: 10/13/2014

Virginia Capital Realty

Last Buyer's Agent

Kimberly Bergin

Shaheen Ruth Martin & Fonville License #0225051375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • 1974

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 8715-44-9258

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

1974

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 124.64
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Dishwasher, Refrigerator, Stove
  • Flooring: Carpet-W-W, Vinyl, Wood
  • Number of Rooms: 6
  • Fireplace: Brick
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Crawl Space
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Fence: Rear Only
  • Porch: Front
  • Roof: Composition, Shingled
  • Siding: Brick
  • Wall Type: Drywall

Garage/Parking

  • Parking: Paved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Conventional Septic
  • Water: Community Well
  • Water Heater: Electric

Schools

  • Elementary School: Laurel Meadow
  • Middle School: Stonewall Jackson
  • High School: Lee Davis

Lot Info

  • Zoning: R-2 - RESIDENTIAL
  • Lot: 4
  • Lot Description: Park Like
  • Parcel Number: 8715-44-9258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2014
Closed on
Nov 21, 2014
Sold by
Watkins Exr Milton Lewis and Roger H Adams Estate
Bought by
Hancock Phillip W
Seller's Agent
George Woods
Virginia Capital Realty
Buyer's Agent
Kimberly Bergin
Shaheen Ruth Martin & Fonville
List Price
$169,950
Sold Price
$175,000
Premium/Discount to List
$5,050
2.97%
Current Estimated Value
$349,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,224
Avg. Annual Appreciation
6.53%
Original Mortgage
$171,830
Outstanding Balance
$132,208
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$217,016
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hancock Phillip W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Phillip W $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $175,000 +3.0% $125 / Sq Ft
10/19/2014 10/19/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $169,950 -- $121 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,565 $316,700 $90,000 $226,700
2024 $2,304 $284,500 $80,000 $204,500
2023 $2,031 $263,800 $75,000 $188,800
2022 $1,828 $225,700 $75,000 $150,700
2021 $1,729 $213,500 $70,000 $143,500
2020 $1,603 $197,900 $65,000 $132,900
2019 $1,448 $178,800 $55,000 $123,800
2018 $1,448 $178,800 $55,000 $123,800
2017 $1,358 $167,600 $55,000 $112,600
2016 $1,358 $167,600 $55,000 $112,600
2015 $1,358 $167,600 $55,000 $112,600
2014 $1,358 $167,600 $55,000 $112,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    George Woods

    Virginia Capital Realty

    (804) 836-8585

    5 in this area

    10 Total Sales

    George Woods
    Section Image

  • K

    Buyer's Agent in 2014

    Kimberly Bergin

    Shaheen Ruth Martin & Fonville

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1428562

Central Virginia Regional MLS

APN: 8715-44-9258

Virginia Hanover County Mechanicsville 23111

7253 Pegway Ln, Mechanicsville, VA

This home is located at 7253 Pegway Ln, Mechanicsville, VA 23111 since 13 October 2014 and is currently estimated at $349,224, approximately $248 per square foot. This property was built in 1974. 7253 Pegway Ln is a home located in Hanover County with nearby schools including Laurel Meadow Elementary School, Bell Creek Middle School, and Mechanicsville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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