NOT LISTED FOR SALE

7387 Ridge Hill Ln Mechanicsville, VA 23111

Estimated Value: $324,000 - $363,945

4 Beds
2 Baths
1,680 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $165,000 $98 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,984/month

About This Home

As of August 2015

NEW PRICE! Great value in this 4 bedroom tri-level. Seller has made many improvements throughout. Large kitchen with new countertops, tile floor, appliances, light fixtures, and hardware. Master suite and bath have been completely renovated with ceramic tile shower, new sink, toilet, cabinetry, double shower head, and recessed lighting. Surround sound in master bedroom & master bath. Downstairs family room with wood burning fireplace. Utility room. New flooring, interior doors, and ceiling fans throughout. Walk-in-attic and storage. Rear deck located off of the kitchen. All this located on a private 1/2 acre cul-de-sac lot. Convenient to interstate. Fenced yard & detached storage shed with electricity. 30 year dimensional roof.

Last Agent to Sell the Property

William Fulwider

Hometown Realty License #0225053110 Listed on: 03/16/2015

Hometown Realty

Last Buyer's Agent

Ryan Medlin

RE/MAX Commonwealth License #0225046627

RE/MAX Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,274

Year Built

  • 1974

Lot Details

  • 0.5

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 8734-07-4743

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,274

Year Built

1974

Lot Details

0

Listing Details

  • Structure: Block, Frame
  • Price Per Finished Sq Ft: 98.21
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Dishwasher, Electric Cooking, Stove Hood
  • Flooring: Carpet-Part, Laminate
  • Interior: Cable TV, Ceiling Fan, Eat-In-Kitchen, MBR Bath, Recessed Lighting, Washer Hookup
  • Number of Rooms: 7
  • Fireplace: Wood Burning
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Basement Full Bathroom: 1
  • Basement Full Bathroom Description: Shower
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Basement-Full
  • Attic: Access Panel, Walk-In
  • Number Of Levels: 1.00

Exterior Features

  • Fence: Rear Only
  • Porch: Stoop
  • Roof: Dimensional
  • Siding: Brick, Vinyl
  • Wall Type: Drywall

Garage/Parking

  • Parking: Unpaved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Conventional Septic
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Zoning: R-1 - RESIDENTIAL
  • Lot Description: Cul-De-Sac, Level
  • Parcel Number: 8734-07-4743

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
Aug 7, 2015
Sold by
Sullivan Christopher N
Bought by
Stanley Nicholas R
Seller's Agent
William Fulwider
Hometown Realty
Buyer's Agent
Ryan Medlin
RE/MAX Commonwealth
List Price
$174,000
Sold Price
$165,000
Premium/Discount to List
-$9,000
-5.17%
Current Estimated Value
$341,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,986
Avg. Annual Appreciation
7.41%
Original Mortgage
$160,050
Outstanding Balance
$126,049
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$215,937

Purchase Details

Listed on
Oct 12, 2011
Closed on
May 1, 2012
Sold by
Stevens William M
Bought by
Sullivan Christopher N
Seller's Agent
Ann Lauterbach
Weichert Home Run Realty
Buyer's Agent
Ann Lauterbach
Weichert Home Run Realty
List Price
$160,500
Sold Price
$130,900
Premium/Discount to List
-$29,600
-18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$128,528
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2005
Sold by
Walsh Wade H
Bought by
Stevens William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
5.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Stanley Nicholas R $165,000 None Available
Sullivan Christopher N $130,900 --
Stevens William M $215,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Nicholas R $160,050
Previous Owner Sullivan Christopher N $128,528
Previous Owner Stevens William M $214,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2015 08/21/15 Sold $165,000 -5.2% $98 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $174,000 +32.9% $104 / Sq Ft
05/07/2012 05/07/12 Sold $130,900 -18.4% $81 / Sq Ft View Prior Sale
01/20/2012 01/20/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $160,500 -- $99 / 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 $2,274 $280,800 $92,800 $188,000
2024 $2,212 $273,100 $92,800 $180,300
2023 $1,994 $258,900 $82,800 $176,100
2022 $1,944 $240,000 $72,800 $167,200
2021 $1,617 $199,600 $62,800 $136,800
2020 $1,617 $199,600 $62,800 $136,800
2019 $1,441 $177,900 $58,200 $119,700
2018 $1,441 $177,900 $58,200 $119,700
2017 $1,247 $153,900 $51,000 $102,900
2016 $1,247 $153,900 $51,000 $102,900
2015 $1,247 $153,900 $51,000 $102,900
2014 $1,247 $153,900 $51,000 $102,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1506966

Central Virginia Regional MLS

APN: 8734-07-4743