NOT LISTED FOR SALE

1003 New Mill Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $512,000 - $568,000

4 Beds
3 Baths
2,500 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 1003 New Mill Dr, Chesapeake, VA 23322 and is currently estimated at $536,308, approximately $214 per square foot. 1003 New Mill Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Hugo a Owens Middle, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Christopher Shaffer
Bought by
Nisar Chandresh Shamji and Shah Nita
Current Estimated Value
$536,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$370,320
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$165,988

Purchase Details

Closed on
Apr 8, 2014
Sold by
Danker George B
Bought by
Shaffer Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,947
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Weichert Relocation Co In
Bought by
Danker George B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Mcclellan Eric W
Bought by
Weichert Relocation Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2001
Sold by
Hebert Daniel J
Bought by
Mcclellan Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6.85%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nisar Chandresh Shamji $485,000 --
Shaffer Christopher $250,000 --
Danker George B $290,500 --
Weichert Relocation Co Inc $290,500 --
Mcclellan Eric W $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nisar Chandresh Shamji $388,000
Previous Owner Shaffer Christopher $227,947
Previous Owner Danker George B $232,400
Previous Owner Mcclellan Eric W $147,200
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,467 $480,000 $160,000 $320,000
2024 $4,467 $442,300 $150,000 $292,300
2023 $3,816 $433,600 $140,000 $293,600
2022 $3,755 $371,800 $130,000 $241,800
2021 $3,375 $321,400 $120,000 $201,400
2020 $3,363 $320,300 $120,000 $200,300
2019 $3,385 $322,400 $120,000 $202,400
2018 $3,385 $313,300 $120,000 $193,300
2017 $3,290 $313,300 $120,000 $193,300
2016 $3,231 $307,700 $120,000 $187,700
2015 $3,084 $293,700 $115,000 $178,700
2014 $3,084 $293,700 $115,000 $178,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

1003 New Mill Dr, Chesapeake, VA

This home is located at 1003 New Mill Dr, Chesapeake, VA 23322 and is currently estimated at $536,308, approximately $214 per square foot. 1003 New Mill Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Hugo a Owens Middle, and Grassfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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