NOT LISTED FOR SALE

8707 Formation Dr Fredericksburg, VA 22407

Chancellorsville Neighborhood

Estimated Value: $931,000 - $990,000

4 Beds
5 Baths
3,899 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 8707 Formation Dr, Fredericksburg, VA 22407 and is currently estimated at $959,338, approximately $246 per square foot. 8707 Formation Dr is a home located in Spotsylvania County with nearby schools including Chancellor Elementary School, Ni River Middle School, and Riverbend High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
American Heritage Homes Phase 3 Llc
Bought by
Mark Alejandro L
Current Estimated Value
$959,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,968
Outstanding Balance
$482,771
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$476,567

Purchase Details

Closed on
May 1, 2018
Sold by
Plank Road Development Company Inc A Vir
Bought by
American Heritage Homes Phase 3 Llc A Vi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mark Alejandro L $633,582 Elite Settlements Llc
American Heritage Homes Phase 3 Llc A Vi $160,000 Guaranty Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mark Alejandro L $547,968
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 $6,507 $886,100 $178,000 $708,100
2024 $6,507 $886,100 $178,000 $708,100
2023 $5,440 $705,000 $150,300 $554,700
2022 $5,041 $683,300 $150,300 $533,000
2021 $4,974 $614,500 $133,600 $480,900
2020 $4,974 $614,500 $133,600 $480,900
2019 $4,883 $576,200 $105,900 $470,300
2018 $882 $105,900 $105,900 $0
2017 $900 $105,900 $105,900 $0
2016 $900 $105,900 $105,900 $0
2015 $412 $105,900 $105,900 $0
2014 $412 $105,900 $105,900 $0
Source: Public Records

Map

Virginia Spotsylvania County Fredericksburg 22407 Chancellorsville

8707 Formation Dr, Fredericksburg, VA

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