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7920 Forked Ln; Fredericksburg, VA Property Details

7920 Forked Ln, Fredericksburg, VA is a Single Family that was built in 2003. This property is currently Financed and is not for sale. Our records show that 7920 Forked Ln has 3 bedrooms, and 3 bathrooms, and a total of 3,338 square feet. The lot size of 7920 Forked Ln is 267,023 square feet.

Off market
7920 Forked Ln Fredericksburg, VA 22407
$515,000 Listing Price
3 Beds
3 Baths
3,338 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $515,000
  • Open Loans / Balance: 1 / $460,629
  • Est. Equity / %: $356,371 / 43.62%
  • Gross Yield: 7.306%
  • APN: 21-6-1
  • Situs County: Spotsylvania
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

Structure

  • Stories: 1.5
  • Exterior Wall Type: Log
  • Building Condition: Good
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic
  • Water Source: Well
  • Deck: true

Measurements

  • Total: 3,338/SqFt
  • Lot: 267,023/SqFt
  • Garage: 672/SqFt
  • Living: 3,338/SqFt
  • Basement: 1,962/SqFt
  • Building: 3,338/SqFt
  • Garage Unfinished: 672/SqFt
  • Basement Unfinished: 1,962/SqFt
  • Price Per Square Foot: $154.28

Legal Description

  • Description: SILVESTER REED ESTATE LOT 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Spotsylvania County Public Schools
  • Lat / Lon: 38.267815 / -77.60994
  • Subdivision: Sylvester Reed Estate
  • Property Class: Residential
  • Zoning: RU - RURAL
  • County Use Code: 2

Amenities

  • Plus Four: 7445
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7920 Forked Ln has no associated ownership info
7920 Forked Ln has no associated ownership info.

Taxes

7920 Forked Ln has 10 associated Taxes items

7920 Forked Ln, Fredericksburg, VA pays taxes in Spotsylvania County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $667,800. The APN we've located for 7920 Forked Ln is 21-6-1.

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Taxes
  • Assessed Value:  $667,800
  • Assessed Year:  2026
  • Assessed County:  Spotsylvania
  • APN:  21-6-1
  • Assessed Land Value:  155300
  • Market Land Value:  155300
  • Tax Amount:  4923.69
  • Tax Year:  2026
  • Market Value:  667800
  • Market Year:  2025

Tax History

7920 Forked Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $667,800 Land Value $155,300 Improvement Value $512,500 Tax Amount $4,923.69 Change Rate +0.05082% Assessed CR Tax Rate +0.007373%
Year 2025 Assessed Value $638,100 Land Value $140,800 Improvement Value $497,300 Tax Amount $4,685.57 Change Rate Assessed CR Tax Rate +0.007343%
Year 2024 Assessed Value $638,100 Land Value $140,800 Improvement Value $497,300 Tax Amount $4,685.57 Change Rate +0.314801% Assessed CR Tax Rate +0.007343%
Year 2023 Assessed Value $461,800 Land Value $105,500 Improvement Value $356,300 Tax Amount $3,563.71 Change Rate -0.031119% Assessed CR Tax Rate +0.007717%
Year 2022 Assessed Value $498,600 Land Value $105,500 Improvement Value $393,100 Tax Amount $3,678.17 Change Rate -0.003657% Assessed CR Tax Rate +0.007377%
Year 2021 Assessed Value $456,100 Land Value $91,600 Improvement Value $364,500 Tax Amount $3,691.67 Change Rate Assessed CR Tax Rate +0.008094%
Year 2020 Assessed Value $456,100 Land Value $91,600 Improvement Value $364,500 Tax Amount $3,691.67 Change Rate +0.014075% Assessed CR Tax Rate +0.008094%
Year 2019 Assessed Value $429,600 Land Value $84,700 Improvement Value $344,900 Tax Amount $3,640.43 Change Rate +0.017286% Assessed CR Tax Rate +0.008474%
Year 2018 Assessed Value $429,600 Land Value $84,700 Improvement Value $344,900 Tax Amount $3,578.57 Change Rate -0.001877% Assessed CR Tax Rate +0.00833%
Year 2017 Assessed Value $421,800 Land Value $74,400 Improvement Value $347,400 Tax Amount $3,585.3 Change Rate Assessed CR Tax Rate +0.0085%
Year 2016 Assessed Value $421,800 Land Value $74,400 Improvement Value $347,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $416,500 Land Value $70,900 Improvement Value $345,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $416,500 Land Value $70,900 Improvement Value $345,600 Tax Amount Change Rate Assessed CR Tax Rate