1005 Land of Promise Rd Chesapeake, VA 23322
Pleasant Grove East NeighborhoodEstimated Value: $917,000 - $980,000
5
Beds
4
Baths
3,907
Sq Ft
$244/Sq Ft
Est. Value
About This Home
This home is located at 1005 Land of Promise Rd, Chesapeake, VA 23322 and is currently estimated at $954,399, approximately $244 per square foot. 1005 Land of Promise Rd is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2024
Sold by
Forbeck Llc
Bought by
Berg Ryan and Ellis Carrie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,131
Outstanding Balance
$634,492
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
$319,907
Purchase Details
Closed on
Jul 7, 2022
Sold by
Lenox Title Trusiee Services Llc
Bought by
Bungalow Properties Iv Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Berg Ryan | $931,200 | Fidelity National Title | |
Bungalow Properties Iv Llc | $334,059 | None Listed On Document |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Berg Ryan | $641,131 | |
Previous Owner | Harrison Betty O | $334,000 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $8,782 | $869,500 | $232,900 | $636,600 |
2023 | $5,391 | $510,700 | $202,900 | $307,800 |
2022 | $5,637 | $558,100 | $182,900 | $375,200 |
2021 | $5,255 | $500,500 | $165,800 | $334,700 |
2020 | $5,303 | $505,000 | $165,800 | $339,200 |
2019 | $5,019 | $478,000 | $147,600 | $330,400 |
2018 | $4,857 | $462,600 | $147,600 | $315,000 |
2017 | $4,527 | $431,100 | $145,500 | $285,600 |
2016 | $4,254 | $405,100 | $145,500 | $259,600 |
2015 | $4,053 | $386,000 | $145,500 | $240,500 |
2014 | $4,053 | $386,000 | $145,500 | $240,500 |
Source: Public Records
Map
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