NOT LISTED FOR SALE

1016 Chumley Rd Virginia Beach, VA 23451

Bay Colony-Cavalier Park Neighborhood

Estimated Value: $1,036,899 - $1,086,000

3 Beds
2 Baths
2,500 Sq Ft
$425/Sq Ft Est. Value

About This Home

This home is located at 1016 Chumley Rd, Virginia Beach, VA 23451 and is currently estimated at $1,061,975, approximately $424 per square foot. 1016 Chumley Rd is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Mckinney Elias Andrew and Mckinney Lauren M
Bought by
Fletcher Frederick P and Fletcher Mary D
Current Estimated Value
$1,061,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2020
Sold by
Stanton Robert M and Stanton Mancha W
Bought by
Mckinney Elias Andrew and Mckinney Lauren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
3.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1998
Sold by
Abel Nancy P
Bought by
Stanton Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Fletcher Frederick P $995,000 Fidelity National Title
Mckinney Elias Andrew $710,000 Northwest Title And Escrow
Stanton Robert M $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Frederick P $764,523
Closed Fletcher Frederick P $765,000
Previous Owner Mckinney Elias Andrew $710,000
Previous Owner Stanton Robert M $100,000
Previous Owner Stanton Robert M $250,000
Previous Owner Stanton Robert M $224,000
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
2024 $8,908 $918,400 $610,000 $308,400
2023 $7,362 $743,600 $465,000 $278,600
2022 $6,968 $703,800 $440,000 $263,800
2021 $6,597 $666,400 $400,000 $266,400
2020 $5,884 $578,300 $400,000 $178,300
2019 $5,772 $580,000 $400,000 $180,000
2018 $5,815 $580,000 $400,000 $180,000
2017 $5,621 $560,700 $380,700 $180,000
2016 $5,124 $517,600 $347,800 $169,800
2015 $4,786 $483,400 $329,000 $154,400
2014 $4,192 $468,000 $352,500 $115,500
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Bay Colony-Cavalier Park

1016 Chumley Rd, Virginia Beach, VA

This home is located at 1016 Chumley Rd, Virginia Beach, VA 23451 and is currently estimated at $1,061,975, approximately $424 per square foot. 1016 Chumley Rd is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and Frank W. Cox 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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