NOT LISTED FOR SALE

7427 Paynes Landing Rd Gloucester, VA 23061

Gloucester South Neighborhood

Estimated Value: $317,000 - $395,000

3 Beds
2 Baths
1,438 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 7427 Paynes Landing Rd, Gloucester, VA 23061 and is currently estimated at $345,347, approximately $240 per square foot. 7427 Paynes Landing Rd is a home located in Gloucester County with nearby schools including Abingdon Elementary School, Page Middle School, and Gloucester High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Summerford Scott and Summerford Rebecca
Bought by
Summerford Scott
Current Estimated Value
$345,347

Purchase Details

Closed on
Apr 10, 2017
Sold by
Madden Connor E and Madden Whitney L
Bought by
Summerford Scott and Summerford Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,520
Outstanding Balance
$173,406
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$171,941

Purchase Details

Closed on
Apr 20, 2006
Sold by
Tre Suz Ann Development Foster Managemen
Bought by
Welker Erik and Welker Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525
Interest Rate
6.4%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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
Summerford Scott -- None Available
Summerford Scott $216,000 Virginia Home Title & Stlmnt
Welker Erik $189,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerford Scott $209,520
Previous Owner Welker Erik $9,525
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 $1,632 $265,860 $47,630 $218,230
2024 $1,632 $265,860 $47,630 $218,230
2023 $1,550 $265,860 $47,630 $218,230
2022 $1,363 $187,990 $37,630 $150,360
2021 $1,307 $187,990 $37,630 $150,360
2020 $1,307 $187,990 $37,630 $150,360
2019 $1,273 $183,100 $41,610 $141,490
2017 $1,273 $183,100 $41,610 $141,490
2016 $1,299 $186,890 $46,610 $140,280
2015 $1,271 $187,300 $35,800 $151,500
2014 $1,236 $187,300 $35,800 $151,500
Source: Public Records

Map

Virginia Gloucester County Gloucester 23061 Gloucester South

7427 Paynes Landing Rd, Gloucester, VA

Not Listed for Sale

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