NOT LISTED FOR SALE

1016 Thoroughgood Way Unit 304 Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $242,000 - $274,000

2 Beds
2 Baths
1,286 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 1016 Thoroughgood Way Unit 304, Chesapeake, VA 23324 and is currently estimated at $253,918, approximately $197 per square foot. 1016 Thoroughgood Way Unit 304 is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Gateway At Sono Development Llc
Bought by
Sanders Michael Lynn
Current Estimated Value
$253,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,956
Outstanding Balance
$156,085
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$97,833
Source: Public Records

Range of Values:

Collateral Analytics

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sanders Michael Lynn $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Michael Lynn $175,956
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 $2,345 $241,700 $55,000 $186,700
2024 $2,345 $232,200 $55,000 $177,200
2023 $1,880 $208,900 $45,000 $163,900
2022 $1,817 $179,900 $35,000 $144,900
2021 $1,775 $169,000 $35,000 $134,000
2020 $1,749 $166,600 $35,000 $131,600
2019 $1,678 $159,800 $35,000 $124,800
2018 $1,678 $159,800 $35,000 $124,800
2017 $1,560 $148,600 $30,000 $118,600
2016 $1,560 $148,600 $30,000 $118,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1016 Thoroughgood Way Unit 304, Chesapeake, VA

This home is located at 1016 Thoroughgood Way Unit 304, Chesapeake, VA 23324 and is currently estimated at $253,918, approximately $197 per square foot. 1016 Thoroughgood Way Unit 304 is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

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