NOT LISTED FOR SALE

7501 Founders Mill Way E Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $286,000 - $438,000

4 Beds
3 Baths
1,852 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 7501 Founders Mill Way E, Gloucester, VA 23061 and is currently estimated at $374,339, approximately $202 per square foot. 7501 Founders Mill Way E is a home located in Gloucester County with nearby schools including Botetourt Elementary School, Peasley Middle School, and Gloucester High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Asbell Deborah
Bought by
Gibbs Erica Mae and Gibbs Brandon Lee
Current Estimated Value
$374,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$243,634
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$130,705
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gibbs Erica Mae $268,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Erica Mae $248,000
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 $1,892 $308,100 $60,930 $247,170
2024 $1,892 $308,100 $60,930 $247,170
2023 $1,796 $308,100 $60,930 $247,170
2022 $1,665 $229,640 $59,440 $170,200
2021 $1,596 $229,640 $59,440 $170,200
2020 $1,596 $229,640 $59,440 $170,200
2019 $1,460 $210,000 $59,520 $150,480
2017 $1,460 $210,000 $59,520 $150,480
2016 $1,514 $217,770 $70,020 $147,750
2015 $1,481 $245,000 $54,000 $191,000
2014 $1,593 $245,000 $54,000 $191,000
Source: Public Records

Map

Virginia Gloucester County Gloucester 23061 Ware Neck

7501 Founders Mill Way E, Gloucester, VA

Not Listed for Sale

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