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2525 Cornell Drive

2525 Cornell Drive, Fredericksburg, VA 22408
Sold Feb 28, 2019
$395,000
$408,035 by Loandepot.com Llc
Mortgage
Sold Oct 19, 2018
$332,000
2525 Cornell Drive has been categorized by the local assessors in Fredericksburg, VA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2525 Cornell Drive has 3,252 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,003 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2525 Cornell Drive was last sold in Feb 21, 2019 for $395,000. According to our calculations, that's $121.46 per sqft. Prior to that sales transaction, the property was sold for $332,000 in Sep 27, 2018. Current property owners are expected to pay $3,547 in taxes per year. The property on 2525 Cornell Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $480,800. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $380,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,540
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,003
  • Total Building Area: 3,252
  • Building Area: 3,252
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PELHAMS EAST
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PELHAM'S EAST LOT 45

Ownership

  • Current Owner : MORIN KEVIN P
  • Previous Owner : CONRAD ESTATES HOLDINGS LLC
  • Owner Before Previous Owner: THE SECRETARY OF VETERANS AFFAIRS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: LEE HILL
  • Census Tract: 020201

Zoning

  • Zoning: R2 - RESID

Geography

  • District: 5
  • Parcel: 37J-5-45
  • Lot: 45
  • Municipality: LEE HILL
  • Latitude: 38.244
  • Longitude: -77.4235

    Address

  • Full Address: 2525 Cornell Dr
  • Address - House Number: 2525
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: C012
  • 4-Digit Zip Code: 8094
  • Zip Code: 22408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,547

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: May 24, 2023
  • Confidence Score: 83
  • Final Value: 572,874
  • High Value: 653,547
  • Low Value: 492,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,035
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Feb 28, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $408,035
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $480,800
  • Market Land Value: $100,000
  • Market Improvement Value: $380,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $480,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $380,800

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Transaction ID: 11582820145
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190002722
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Sep 27, 2018
  • Previous Sale Amount: $332,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Feb 28, 2019
  • First Mortgage Loan Amount: $408,035
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Spotsylvania



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Frequently Asked Questions

What neighborhood is 2525 Cornell Drive located in?
The 2525 Cornell Drive is a house located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 2525 Cornell Drive?
The average sales price for units in 2525 Cornell Drive is $0 currently.

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