NOT LISTED FOR SALE

7508 Mechanicsville Turnpike Mechanicsville, VA 23111

Estimated Value: $3,132,892

-- Bed
-- Bath
64,346 Sq Ft
$49/Sq Ft Est. Value

About This Home

This home is located at 7508 Mechanicsville Turnpike, Mechanicsville, VA 23111 and is currently estimated at $3,132,892, approximately $48 per square foot. 7508 Mechanicsville Turnpike is a home located in Hanover County with nearby schools including Mechanicsville Elementary School, Chickahominy Middle School, and Atlee High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2019
Sold by
Mechanicsville Investment And Trading Co
Bought by
Mechanicsville Retail Center Llc
Current Estimated Value
$3,132,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,401,681
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,731,212
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
Mechanicsville Retail Center Llc $2,000,000 Attorational Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mechanicsville Retail Center Llc $1,600,000
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 $27,176 $3,355,100 $1,506,900 $1,848,200
2024 $27,176 $3,355,100 $1,506,900 $1,848,200
2023 $25,834 $3,355,100 $1,506,900 $1,848,200
2022 $23,422 $2,891,600 $1,347,100 $1,544,500
2021 $23,422 $2,891,600 $1,347,100 $1,544,500
2020 $23,422 $2,891,600 $1,347,100 $1,544,500
2019 $22,876 $2,891,600 $1,347,100 $1,544,500
2018 $22,876 $2,824,200 $1,107,300 $1,716,900
2017 $22,876 $2,824,200 $1,107,300 $1,716,900
2016 $22,876 $2,824,200 $1,107,300 $1,716,900
2015 $22,005 $2,716,700 $1,107,300 $1,609,400
2014 $22,005 $2,716,700 $1,107,300 $1,609,400
Source: Public Records

Map

Virginia Hanover County Mechanicsville 23111

7508 Mechanicsville Turnpike, Mechanicsville, VA

This home is located at 7508 Mechanicsville Turnpike, Mechanicsville, VA 23111 and is currently estimated at $3,132,892, approximately $48 per square foot. 7508 Mechanicsville Turnpike is a home located in Hanover County with nearby schools including Mechanicsville Elementary School, Chickahominy Middle School, and Atlee High School.

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