NOT LISTED FOR SALE

7991 Compass Point Ln Mechanicsville, VA 23111

Estimated Value: $6,371,695

-- Bed
-- Bath
7,625 Sq Ft
$836/Sq Ft Est. Value

About This Home

This home is located at 7991 Compass Point Ln, Mechanicsville, VA 23111 and is currently estimated at $6,371,695, approximately $835 per square foot. 7991 Compass Point Ln is a home located in Hanover County with nearby schools including Laurel Meadow Elementary School, Bell Creek Middle School, and Mechanicsville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2023
Sold by
Daniel E Payne Llc
Bought by
Payne Daniel E
Current Estimated Value
$6,371,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,535,000
Outstanding Balance
$2,487,710
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$3,883,985

Purchase Details

Closed on
Dec 18, 2013
Sold by
Compass Point Lane Llc
Bought by
Daniel E Payne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2009
Sold by
Mechanicsville Storage Ll
Bought by
Compass Point Lane Llc
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
Payne Daniel E -- None Listed On Document
Payne Property Development Llc -- None Listed On Document
Payne Property Development Llc -- None Listed On Document
Payne Daniel E -- None Listed On Document
Payne Daniel E -- None Listed On Document
Daniel E Payne Llc $3,400,000 --
Compass Point Lane Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Daniel E $2,535,000
Closed Payne Daniel E $2,535,000
Previous Owner Daniel E Payne Llc $2,720,000
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 $13,712 $1,692,900 $654,700 $1,038,200
2024 $13,167 $1,625,600 $644,000 $981,600
2023 $12,517 $1,625,600 $644,000 $981,600
2022 $11,560 $1,427,200 $644,000 $783,200
2021 $11,560 $1,427,200 $644,000 $783,200
2020 $11,147 $1,376,200 $558,100 $818,100
2019 $10,656 $1,376,200 $558,100 $818,100
2018 $10,656 $1,315,600 $536,700 $778,900
2017 $10,656 $1,315,600 $536,700 $778,900
2016 $10,656 $1,315,600 $536,700 $778,900
2015 $10,656 $1,315,600 $536,700 $778,900
2014 $10,236 $1,263,700 $493,700 $770,000
Source: Public Records

Map

Virginia Hanover County Mechanicsville 23111

7991 Compass Point Ln, Mechanicsville, VA

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