NOT LISTED FOR SALE

1021 Railroad Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $269,000 - $285,000

3 Beds
3 Baths
1,282 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 1021 Railroad Ave, Chesapeake, VA 23324 and is currently estimated at $276,406, approximately $215 per square foot. 1021 Railroad Ave is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Ferguson John J
Bought by
Edge Real Estate Holdings Llc
Current Estimated Value
$276,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,500
Outstanding Balance
$772,217
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
-$495,811

Purchase Details

Closed on
Sep 2, 2015
Sold by
Federal National Mortgage Association
Bought by
Ferguson John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,920
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2015
Sold by
Commonwealth Asset Svcs Llc Su
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 22, 2004
Sold by
Real Appraisals Inc
Bought by
Ayeni Titilope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,772
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Area Builders Of Tidewate
Bought by
Real Appraisals Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.94%
Mortgage Type
Construction
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
Edge Real Estate Holdings Llc -- None Listed On Document
Ferguson John J $99,900 None Available
Federal National Mortgage Association $158,122 --
Ayeni Titilope $151,500 --
Real Appraisals Inc $387,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edge Real Estate Holdings Llc $826,500
Previous Owner Ferguson John J $79,920
Previous Owner Ayeni Titilope $153,772
Previous Owner Real Appraisals Inc $100,000
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
2025 $2,239 $234,600 $80,000 $154,600
2024 $2,239 $221,700 $70,000 $151,700
2023 $2,129 $210,800 $60,000 $150,800
2022 $1,854 $183,600 $50,000 $133,600
2021 $1,752 $166,900 $45,000 $121,900
2020 $1,626 $154,900 $45,000 $109,900
2019 $1,582 $150,700 $45,000 $105,700
2018 $1,506 $143,500 $45,000 $98,500
2017 $1,507 $143,500 $45,000 $98,500
2016 $1,507 $143,500 $45,000 $98,500
2015 $1,491 $142,000 $45,000 $97,000
2014 $1,513 $144,100 $45,000 $99,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1021 Railroad Ave, Chesapeake, VA

This home is located at 1021 Railroad Ave, Chesapeake, VA 23324 and is currently estimated at $276,406, approximately $215 per square foot. 1021 Railroad Ave is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle 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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