NOT LISTED FOR SALE

7305 Jay Way Mechanicsville, VA 23111

Estimated Value: $367,000 - $390,000

3 Beds
2 Baths
1,740 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $196,000 $113 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,226/month

About This Home

As of October 2013

This home is located at 7305 Jay Way, Mechanicsville, VA 23111 since 06 August 2013 and is currently estimated at $378,734, approximately $217 per square foot. This property was built in 1966. 7305 Jay Way is a home located in Hanover County with nearby schools including Laurel Meadow Elementary School, Bell Creek Middle School, and Mechanicsville High School.

Last Agent to Sell the Property

Michael Kelly

Long & Foster REALTORS License #0225038425 Listed on: 08/06/2013

Long & Foster REALTORS

Last Buyer's Agent

Cynthia Sherwood

The Wilson Group License #0225191477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,690

Year Built

  • 1966

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 8724-16-0029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,690

Year Built

1966

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 112.64
  • Finished Sq Ft: 1740
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Number of Rooms: 7
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Dimensional
  • Siding: Brick Veneer, Vinyl

Garage/Parking

  • Garage Type: Detached
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Cold Harbor
  • Middle School: Stonewall Jackson
  • High School: Lee Davis

Lot Info

  • Zoning: R-1 - RESIDENTIAL
  • Lot: 10
  • Parcel Number: 8724-16-0029

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 4, 2013
Sold by
Gulak John B
Bought by
Scruggs Darin K
Seller's Agent
Michael Kelly
Long & Foster REALTORS
Buyer's Agent
Cynthia Sherwood
The Wilson Group
List Price
$195,950
Sold Price
$196,000
Premium/Discount to List
$50
0.03%
Current Estimated Value
$378,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,734
Avg. Annual Appreciation
5.64%
Original Mortgage
$6,850
Outstanding Balance
$5,163
Interest Rate
4.58%
Mortgage Type
Stand Alone Second
Estimated Equity
$373,571

Purchase Details

Closed on
May 3, 2002
Sold by
Harris Walter C
Bought by
Bulak John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,955
Interest Rate
7.18%
Mortgage Type
New Conventional
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
Scruggs Darin K $196,000 --
Bulak John B $139,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scruggs Darin K $6,850
Open Scruggs Darin K $192,409
Previous Owner Bulak John B $125,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2013 10/21/13 Sold $196,000 0.0% $113 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $195,950 -- $113 / 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 $2,690 $332,100 $90,000 $242,100
2024 $2,541 $313,700 $85,000 $228,700
2023 $2,245 $291,500 $80,000 $211,500
2022 $2,019 $249,300 $75,000 $174,300
2021 $1,874 $231,300 $70,000 $161,300
2020 $1,793 $221,400 $65,000 $156,400
2019 $1,615 $206,500 $60,000 $146,500
2018 $1,615 $199,400 $55,000 $144,400
2017 $1,454 $179,500 $55,000 $124,500
2016 $1,454 $179,500 $55,000 $124,500
2015 $1,454 $179,500 $55,000 $124,500
2014 $1,454 $179,500 $55,000 $124,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Kelly

    Seller's Agent in 2013

    Michael Kelly

    Long & Foster

    (804) 357-9906

    6 in this area

    149 Total Sales

    Michael Kelly
    Section Image

  • C

    Buyer's Agent in 2013

    Cynthia Sherwood

    The Wilson Group

    (804) 986-9002

    Cynthia Sherwood
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1320737

Central Virginia Regional MLS

APN: 8724-16-0029

Virginia Hanover County Mechanicsville 23111

7305 Jay Way, Mechanicsville, VA

This home is located at 7305 Jay Way, Mechanicsville, VA 23111 since 06 August 2013 and is currently estimated at $378,734, approximately $217 per square foot. This property was built in 1966. 7305 Jay Way 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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