NOT LISTED FOR SALE

1061 Olmstead St Chesapeake, VA 23323

Culpepper Landing Neighborhood

Estimated Value: $588,877 - $617,000

5 Beds
4 Baths
2,718 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 1061 Olmstead St, Chesapeake, VA 23323 and is currently estimated at $600,469, approximately $220 per square foot. 1061 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
Jul 12, 2021
Sold by
Nvr Inc
Bought by
Banes Courtney Michelle and Banes Adam Boyer
Current Estimated Value
$600,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,720
Outstanding Balance
$355,285
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,075

Purchase Details

Closed on
Mar 30, 2021
Sold by
Culpeper 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

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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
Banes Courtney Michelle $488,400 Stewart Title Guaranty Co
Nvr Inc $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banes Courtney Michelle $390,720
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 $5,367 $541,400 $150,000 $391,400
2024 $5,367 $531,400 $150,000 $381,400
2023 $4,787 $520,500 $140,000 $380,500
2022 $4,969 $492,000 $130,000 $362,000
2021 $4,360 $376,600 $110,000 $266,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Culpepper Landing

1061 Olmstead St, Chesapeake, VA

This home is located at 1061 Olmstead St, Chesapeake, VA 23323 and is currently estimated at $600,469, approximately $220 per square foot. 1061 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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