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7201 Dragons Keep

7201 Dragons Keep, Fredericksburg, VA 22407
Sold Aug 07, 2020
$310,000
$313,131 by Fairway Independent Mortgage C
Mortgage Due Aug 07, 2050
Sold Mar 07, 2019
$230,000
$234,949 by Broker Solutions Inc
Mortgage
Local assessors in Fredericksburg, VA have categorized 7201 Dragons Keep as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 49,658 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7201 Dragons Keep has a total of 1,674 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7201 Dragons Keep sold most recently in Jul 3, 2020 for a total of $310,000. If you work out the math, that's approximately a cost of $185.19 per sqft. Before that, the property was also sold for $230,000 in Jan 29, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,076 in taxes each year. 7201 Dragons Keep was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $269,000. If we break it down further, the land itself was valued at $67,800. Improvements to the property, however, were assessed at a total of $201,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 1,674
  • Building Area: 1,674
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVER ROAD

Ownership

  • Current Owner : HUGHES JON
  • Previous Owner : SULLIVAN CATHERINE
  • Previous Owner 2: MCGUIRE CATHERINE M
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY FSB
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: CHANCELLOR
  • Census Tract: 020106

Zoning

  • Zoning: RU - RURAL

Geography

  • District: 7
  • Parcel: 12-A-3B
  • Municipality: CHANCELLOR
  • Latitude: 38.3292
  • Longitude: -77.5803

    Address

  • Full Address: 7201 Dragons Keep
  • Address - House Number: 7201
  • Address - Street Name: Dragons Keep
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: R008
  • 4-Digit Zip Code: 2053
  • Zip Code: 22407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,076

    Appraisal Valuation

  • Standard Deviation: 0.1289
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 85
  • Final Value: 412,716
  • High Value: 465,938
  • Low Value: 359,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,131
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $313,131
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 07, 2050

    Market Valuation

  • Market Total Value: $269,000
  • Market Land Value: $67,800
  • Market Improvement Value: $201,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,000
  • Assessed Land Value: $67,800
  • Assessed Improvements Value: $201,200

    Sales

  • Current Sale Contract Date: Jul 03, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11837798458
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200017010
  • Previous Sale Recording Date: Mar 07, 2019
  • Previous Sale Contract Date: Jan 29, 2019
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $313,131
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BROKER SOLUTIONS INC
  • Previous Mortgage Transaction Date: Mar 07, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $234,949
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Spotsylvania



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7201 Dragons Keep located in?
The 7201 Dragons Keep is a house located in the neighborhood of Spotsylvania in Spotsylvania, Fredericksburg.
What is the average sales price for listings in 7201 Dragons Keep?
The average sales price for units in 7201 Dragons Keep is $305,000 currently.

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