7501 FOUNDERS MILL WAY # E
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Location
7501 FOUNDERS MILL WAY # E
Tax Map #
025/ K 3/ 153/ /
RPC
27360
Owner
GIBBS, ERICA ME &
Total Market Value
$365,160
Building Count
1
Legal Description
FOUNDERS MILL SEC III LOT 153
Magisterial Code
2
Zoning
SF-1
Total Acres
0.74
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$282,730$82,430$365,160

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerGIBBS, ERICA ME &
GIBBS, BRANDON LEE
Address7501 FOUNDERS MILL WAY # E

GLOUCESTER, VA 23061
Sale Price$268,000
Book & Page ID/2400832
Sale Date03/13/2024

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
GIBBS, ERICA ME &$268,000ID/240083203/13/2024
ASBELL, GEORGE RAYMOND$0ID/02834111/19/2002
ASBELL, GEORGE RAYMOND$130,720ID/99543608/11/1999
NICE ASSOCIATES L C$54,000ID/99223203/29/1999
K R FRANTZ CONSTRUCTION INC$0ID/96259405/29/1996

Building Information
Building 1 : Section 1
Year Built: 1999
Living Area: 1,852
Replacement Cost
Less Depreciation:
$282,730
Building Attributes
FieldDescription
StyleColonial
Model TypeResidential
GradeC +
Stories2 Story w/FLAG
Units1 Unit
Exterior Wall 1Vinyl
Exterior Wall 2None
Roof StructureGable
Roof CoverArch Shingle (Updated)
Interior Wall 1Drywall (8' Typical)
Interior Wall 2None (8' Typical)
Interior Floor 1Carpet
Interior Floor 2Vinyl
Heat FuelElectric
Heat TypeHeat Pump
AC Percent100%
Bedrooms4
Full Baths2
Half Baths1
Extra FixturesNone
Total Rooms7
Bath StyleModern
Kitchen StyleModern
Extra Kitchens0
FBM QualityNone
Window TypeStandard
OccupancyOwner
Basement Area0
Fin Basement Area0
Fin Basement %None
Gas FPL/Wd Stove0
Fireplaces1
Bsmt Garage0.00
Extra FPL OpeningsNone
RentOwner Occupied
Inoperable FPLNone
FoundationBrick
Basement TypeCrawl
GeneratorNo
Attic TypePull Down
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
2SF2 Story Frame 815 1,630
1FG1 Story Frame Over Garage 192 192
1SF1 Story Frame 22 22
OH2Overhang Frame Residential 8 8
AB8Built In Frame Garage Res (Finished) 192 0
AG8Attached Frame Garage Res (Finished) 336 0
CL2Crawl Space Residential 837 0
OP2Open Frame Porch RES 85 0
   2,487 1,852

Parcel Information
Use CodeR2SS
DescriptionRes Suburban Subd  
Deeded Acres

Land
Land Use
Neighborhood0364
Land Line Valuation
Size (Acres)0.74

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$247,170$60,930$308,100
2024$247,170$60,930$308,100
2023$247,170$60,930$308,100
2022$170,200$59,440$229,640
2021$170,200$59,440$229,640
2020$170,200$59,440$229,640
2019$150,480$59,520$210,000
2018$150,480$59,520$210,000
2017$150,480$59,520$210,000
2016$147,750$70,020$217,770

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