1116 Washington Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $489,286 - $521,000
4
Beds
3
Baths
2,279
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 1116 Washington Dr, Chesapeake, VA 23322 and is currently estimated at $507,322, approximately $222 per square foot. 1116 Washington Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2022
Sold by
Vargas Miguel A and Gonzalez Yamilet
Bought by
Phillips Tyler M and Phillips Kiara Y
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,878
Outstanding Balance
$349,575
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$155,478
Purchase Details
Closed on
Nov 12, 2004
Sold by
Claycomb Irvin
Bought by
Vargas Miguel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2001
Sold by
Donald W Cotterell Bldrs
Bought by
Claycomb Irvin S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,155
Interest Rate
6.84%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Phillips Tyler M | $405,000 | Sage Title | |
Vargas Miguel | $273,000 | -- | |
Claycomb Irvin S | $165,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Phillips Tyler M | $370,878 | |
Previous Owner | Vargas Miguel A | $294,960 | |
Previous Owner | Vargas Miguel A | $289,700 | |
Previous Owner | Gonzalez Vargas Yamilet | $52,000 | |
Previous Owner | Gonzalez Vargars Yamilet | $19,000 | |
Previous Owner | Gonzalez Vargas Yamilet | $296,000 | |
Previous Owner | Vargas Miguel | $218,400 | |
Previous Owner | Claycomb Irvin S | $162,155 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $4,464 | $442,000 | $155,000 | $287,000 |
2023 | $3,994 | $422,500 | $145,000 | $277,500 |
2022 | $4,016 | $397,600 | $130,000 | $267,600 |
2021 | $3,677 | $350,200 | $120,000 | $230,200 |
2020 | $3,474 | $330,900 | $115,000 | $215,900 |
2019 | $3,222 | $306,900 | $115,000 | $191,900 |
2018 | $3,151 | $300,100 | $110,000 | $190,100 |
2017 | $2,849 | $271,300 | $100,000 | $171,300 |
2016 | $2,849 | $271,300 | $100,000 | $171,300 |
2015 | $2,849 | $271,300 | $100,000 | $171,300 |
2014 | $2,794 | $266,100 | $100,000 | $166,100 |
Source: Public Records
Map
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