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7005 Cedar Crest Drive

7005 Cedar Crest Drive, Fredericksburg, VA 22407
Property in Spotsylvania
Sold Aug 29, 2023
Transfer
$349,002 by Village Capital & Inv Llc
Mortgage Due Sep 01, 2048
Sold Sep 03, 2015
$285,000
$290,816 by Century Lending Company
Mortgage
Local assessors in Fredericksburg, VA have categorized 7005 Cedar Crest Drive as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 17,144 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7005 Cedar Crest Drive has a total of 2,581 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 506 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Prior to that sales transaction, the property was also sold in Aug 26, 2015 for $285,000. 7005 Cedar Crest Drive was last assessed in 2023. The total value of the property was assessed at $350,300. Specifically, the land the property is located on was valued at $110,000. While improvements on the property were assessed at a total of $240,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,703. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 17,144
  • Total Building Area: 2,581
  • Building Area: 2,581
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,581
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SMOKETREE
  • Land Acres: 0.394
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SMOKETREE LOT 3 SEC 1

Ownership

  • Current Owner : MATTHEWS LISA RENEE
  • Current Owner 2: MATTHEWS ALVIN LENCELL
  • Previous Owner : MATTHEWS LISA RENEE
  • Previous Owner 2: MATTHEWS ALVIN LENCELL
  • Owner Before Previous Owner: CUMMINGS CUTHBERT B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: CHANCELLOR
  • Census Tract: 020111

Zoning

  • Zoning: R1 - RESID

Geography

  • District: 7
  • Section: 1
  • Parcel: 22S-1-3
  • Lot: 3
  • Municipality: CHANCELLOR
  • Latitude: 38.2853
  • Longitude: -77.5773

    Address

  • Full Address: 7005 Cedar Crest Dr
  • Address - House Number: 7005
  • Address - Street Name: Cedar Crest
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: R022
  • 4-Digit Zip Code: 8545
  • Zip Code: 22407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,703

    Appraisal Valuation

  • Standard Deviation: 0.1523
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 81
  • Final Value: 482,641
  • High Value: 556,194
  • Low Value: 409,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,002
  • First Open Lien Mortgage Lender: VILLAGE CAPITAL & INV LLC
  • First Open Lien Mortgage Recording Date: Aug 29, 2023
  • First Open Lien Mortgage Loan Amount: $349,002
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $350,300
  • Market Land Value: $110,000
  • Market Improvement Value: $240,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,300
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $240,300

    Sales

  • Current Sale Contract Date: Aug 26, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11912002908
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 11669
  • Previous Sale Recording Date: Sep 03, 2015
  • Previous Sale Contract Date: Aug 26, 2015
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VILLAGE CAPITAL & INV LLC
  • First Mortgage Transaction Date: Aug 29, 2023
  • First Mortgage Loan Amount: $349,002
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING COMPANY
  • Previous Mortgage Transaction Date: Sep 03, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $290,816
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7005 Cedar Crest Drive located in?
The 7005 Cedar Crest Drive is a located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 7005 Cedar Crest Drive?
The average sales price for units in 7005 Cedar Crest Drive is $0 currently.

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