7475 Ridge Way Mechanicsville, VA 23111
Estimated Value: $307,000 - $353,000
3
Beds
3
Baths
960
Sq Ft
$341/Sq Ft
Est. Value
About This Home
This home is located at 7475 Ridge Way, Mechanicsville, VA 23111 and is currently estimated at $327,745, approximately $341 per square foot. 7475 Ridge Way is a home located in Hanover County with nearby schools including Mechanicsville Elementary School, Bell Creek Middle School, and Mechanicsville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 9, 2019
Sold by
Higginbotham James and Higginbotham Terry
Bought by
Higginbotham James
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
$132,485
Outstanding Balance
$119,038
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$208,707
Purchase Details
Closed on
Apr 1, 2003
Sold by
Brown Dana
Bought by
Cappello Terry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.91%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Higginbotham James | -- | None Available | |
| Cappello Terry | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Higginbotham James | $132,485 | |
| Closed | Cappello Terry | $110,400 |
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 | $2,557 | $315,700 | $85,000 | $230,700 |
| 2024 | $2,343 | $289,200 | $85,000 | $204,200 |
| 2023 | $2,093 | $271,800 | $80,000 | $191,800 |
| 2022 | $2,067 | $255,200 | $75,000 | $180,200 |
| 2021 | $1,781 | $219,900 | $70,000 | $149,900 |
| 2020 | $1,682 | $207,700 | $65,000 | $142,700 |
| 2019 | $1,505 | $197,700 | $55,000 | $142,700 |
| 2018 | $1,505 | $185,800 | $55,000 | $130,800 |
| 2017 | $1,371 | $169,200 | $55,000 | $114,200 |
| 2016 | $1,371 | $169,200 | $55,000 | $114,200 |
| 2015 | $1,371 | $169,200 | $55,000 | $114,200 |
| 2014 | $1,371 | $169,200 | $55,000 | $114,200 |
Source: Public Records
Map
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