NOT LISTED FOR SALE

1040 Olmstead St Chesapeake, VA 23323

Culpepper Landing Neighborhood

Estimated Value: $598,000 - $624,000

5 Beds
4 Baths
2,934 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 1040 Olmstead St, Chesapeake, VA 23323 and is currently estimated at $611,980, approximately $208 per square foot. 1040 Olmstead St is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Deep Creek Middle School, and Deep Creek High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Lawrence Douglas and Greene Laurie
Bought by
Lawrence Douglas
Current Estimated Value
$611,980

Purchase Details

Closed on
Dec 5, 2022
Sold by
Nvr Inc
Bought by
Lawrence Douglas and Greene Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,444
Interest Rate
6.49%

Purchase Details

Closed on
Aug 3, 2022
Sold by
Culpepper Landing Lc
Bought by
Nvr Inc
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

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
Lawrence Douglas -- None Listed On Document
Lawrence Douglas $579,580 Stewart Title
Nvr Inc $240,000 Deboer Stephen J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawrence Douglas $600,444
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 $5,577 $560,900 $150,000 $410,900
2024 $5,577 $552,200 $150,000 $402,200
2023 $4,308 $537,200 $140,000 $397,200
2022 $1,313 $130,000 $130,000 $0
2021 $1,195 $110,000 $110,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Culpepper Landing

1040 Olmstead St, Chesapeake, VA

This home is located at 1040 Olmstead St, Chesapeake, VA 23323 and is currently estimated at $611,980, approximately $208 per square foot. 1040 Olmstead St is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Deep Creek Middle School, and Deep Creek High.

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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