7420 Drew Ln Fredericksburg, VA 22407
Chancellor NeighborhoodEstimated Value: $453,000 - $468,000
3
Beds
2
Baths
1,656
Sq Ft
$279/Sq Ft
Est. Value
About This Home
This home is located at 7420 Drew Ln, Fredericksburg, VA 22407 and is currently estimated at $462,356, approximately $279 per square foot. 7420 Drew Ln is a home located in Spotsylvania County with nearby schools including Chancellor Elementary School, Freedom Middle School, and Riverbend High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 26, 2005
Sold by
Smith C E
Bought by
Burchett Gerry
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,980
Outstanding Balance
$33,788
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$428,568
Purchase Details
Closed on
Aug 24, 1999
Sold by
Dubs Jonathan L
Bought by
Smith C E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burchett Gerry | $319,900 | -- | |
| Smith C E | $143,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burchett Gerry | $63,980 | |
| Previous Owner | Smith C E | $143,814 |
Source: Public Records
Tax History Compared to Growth
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 | $2,772 | $377,500 | $125,000 | $252,500 |
| 2024 | $2,772 | $377,500 | $125,000 | $252,500 |
| 2023 | $2,274 | $294,700 | $100,000 | $194,700 |
| 2022 | $2,174 | $294,700 | $100,000 | $194,700 |
| 2021 | $2,142 | $264,700 | $75,000 | $189,700 |
| 2020 | $2,142 | $264,700 | $75,000 | $189,700 |
| 2019 | $2,041 | $240,800 | $70,000 | $170,800 |
| 2018 | $2,006 | $240,800 | $70,000 | $170,800 |
| 2017 | $1,998 | $235,000 | $60,000 | $175,000 |
| 2016 | $1,998 | $235,000 | $60,000 | $175,000 |
| 2015 | -- | $212,000 | $50,000 | $162,000 |
| 2014 | -- | $212,000 | $50,000 | $162,000 |
Source: Public Records
Map
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