7478 Ridge Way Mechanicsville, VA 23111
Estimated Value: $318,000 - $367,000
4
Beds
2
Baths
1,854
Sq Ft
$182/Sq Ft
Est. Value
About This Home
This home is located at 7478 Ridge Way, Mechanicsville, VA 23111 and is currently estimated at $337,857, approximately $182 per square foot. 7478 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
Nov 2, 2011
Sold by
Moncure James H
Bought by
Mcdonnough Andre J
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
$157,863
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 15, 2011
Sold by
Secy Of H U D
Bought by
Bismarck Llc
Purchase Details
Closed on
Mar 25, 2010
Sold by
Glasser And Glasser Plc and Collins Robert W
Bought by
Midfirst Bank
Purchase Details
Closed on
Sep 2, 2003
Sold by
Payne Noel
Bought by
Collins Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,709
Interest Rate
5.69%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Mcdonnough Andre J | $162,000 | -- | |
| Bismarck Llc | $43,207 | -- | |
| Midfirst Bank | $145,634 | -- | |
| Collins Robert | $144,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collins Robert | $123,368 | |
| Closed | Mcdonnough Andre J | $157,863 | |
| Previous Owner | Collins Robert | $142,709 |
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 | $2,746 | $339,000 | $85,000 | $254,000 |
| 2024 | $2,432 | $300,200 | $85,000 | $215,200 |
| 2023 | $2,174 | $282,300 | $80,000 | $202,300 |
| 2022 | $2,152 | $265,700 | $75,000 | $190,700 |
| 2021 | $1,845 | $227,800 | $70,000 | $157,800 |
| 2020 | $1,749 | $215,900 | $65,000 | $150,900 |
| 2019 | $1,570 | $205,900 | $55,000 | $150,900 |
| 2018 | $1,570 | $193,800 | $55,000 | $138,800 |
| 2017 | $1,435 | $177,200 | $55,000 | $122,200 |
| 2016 | $1,435 | $177,200 | $55,000 | $122,200 |
| 2015 | $1,435 | $177,200 | $55,000 | $122,200 |
| 2014 | $1,435 | $177,200 | $55,000 | $122,200 |
Source: Public Records
Map
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