NOT LISTED FOR SALE

1019 Red Bay Ln Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $500,000 - $528,079

4 Beds
3 Baths
2,159 Sq Ft
$237/Sq Ft Est. Value

About This Home

This home is located at 1019 Red Bay Ln, Chesapeake, VA 23322 and is currently estimated at $511,020, approximately $236 per square foot. 1019 Red Bay Ln is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Wheeler Michael S and Wheeler Amy A
Bought by
Gibbons John Ryan and Gibbons Ashley
Current Estimated Value
$511,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$309,261
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,181

Purchase Details

Closed on
Apr 3, 2002
Sold by
Schmaling Todd M
Bought by
Wheeler Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,177
Interest Rate
7.05%
Mortgage Type
VA

Purchase Details

Closed on
Apr 12, 2001
Sold by
Anderson Erik A
Bought by
Schmaling Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.88%
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

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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
Gibbons John Ryan $365,000 Attorney
Wheeler Michael S $176,000 --
Schmaling Todd M $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons John Ryan $346,750
Previous Owner Wheeler Michael S $181,177
Previous Owner Schmaling Todd M $127,900
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 $4,553 $471,400 $185,000 $286,400
2024 $4,553 $450,800 $185,000 $265,800
2023 $4,041 $439,800 $175,000 $264,800
2022 $4,026 $398,600 $150,000 $248,600
2021 $3,672 $349,700 $130,000 $219,700
2020 $3,501 $333,400 $120,000 $213,400
2019 $3,501 $333,400 $120,000 $213,400
2018 $3,406 $324,400 $120,000 $204,400
2017 $3,314 $315,600 $120,000 $195,600
2016 $3,130 $298,100 $110,000 $188,100
2015 $3,078 $293,100 $105,000 $188,100
2014 $3,042 $289,700 $105,000 $184,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

1019 Red Bay Ln, Chesapeake, VA

This home is located at 1019 Red Bay Ln, Chesapeake, VA 23322 and is currently estimated at $511,020, approximately $236 per square foot. 1019 Red Bay Ln is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

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