NOT LISTED FOR SALE

1103 Cherrytree Ln Unit Lane Chesapeake, VA 23320

Greenbrier West Neighborhood

Estimated Value: $458,000 - $474,000

3 Beds
3 Baths
2,025 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 1103 Cherrytree Ln Unit Lane, Chesapeake, VA 23320 and is currently estimated at $465,637, approximately $229 per square foot. 1103 Cherrytree Ln Unit Lane is a home located in Chesapeake City with nearby schools including B.M. Williams Primary School, Crestwood Intermediate School, and Crestwood Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Schemel Carl William
Bought by
Baker Stephon S and Baker Christian J
Current Estimated Value
$465,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,675
Outstanding Balance
$454,704
Interest Rate
6.2%
Mortgage Type
VA
Estimated Equity
$10,933

Purchase Details

Closed on
May 6, 2020
Sold by
Mckenna Martin J and Mckenna Monica
Bought by
Schemel Carl William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,629
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 2017
Sold by
Marshall Thomas A and Roy Candace G
Bought by
Mckenna Martin J and Mckenna Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,702
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2009
Sold by
Johnson Gregory A
Bought by
Marshall Thomas A and Roy,Candace G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,299
Interest Rate
4.85%
Mortgage Type
VA

Purchase Details

Closed on
Jul 29, 2002
Sold by
Cachero Ofelia P
Bought by
Johnson Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,574
Interest Rate
6.39%
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
Baker Stephon S $450,000 Old Republic Title
Baker Stephon S $450,000 Old Republic Title
Schemel Carl William $334,900 Attorney
Mckenna Martin J $294,000 Title Resources Guaranty Co
Marshall Thomas A $293,000 --
Johnson Gregory A $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Stephon S $459,675
Closed Baker Stephon S $459,675
Previous Owner Schemel Carl William $305,629
Previous Owner Mckenna Martin J $303,702
Previous Owner Marshall Thomas A $299,299
Previous Owner Johnson Gregory A $154,574
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 $4,510 $446,900 $160,000 $286,900
2024 $4,510 $446,500 $160,000 $286,500
2023 $3,832 $423,400 $140,000 $283,400
2022 $3,789 $375,100 $135,000 $240,100
2021 $3,476 $331,000 $110,000 $221,000
2020 $3,294 $313,700 $100,000 $213,700
2019 $2,949 $280,900 $90,000 $190,900
2018 $2,892 $275,500 $90,000 $185,500
2017 $2,893 $275,500 $90,000 $185,500
2016 $2,715 $258,600 $90,000 $168,600
2015 $2,645 $251,900 $90,000 $161,900
2014 $2,645 $251,900 $90,000 $161,900
Source: Public Records

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