NOT LISTED FOR SALE

1118 Red Bay Ln Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $549,000 - $610,000

5 Beds
4 Baths
2,817 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 1118 Red Bay Ln, Chesapeake, VA 23322 and is currently estimated at $584,778, approximately $207 per square foot. 1118 Red Bay Ln is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2013
Sold by
Callahan John J
Bought by
Self Jack K
Current Estimated Value
$584,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$123,146
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$461,632

Purchase Details

Closed on
May 5, 2008
Sold by
Smith Michael C
Bought by
Callahan 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
$276,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2002
Sold by
Curling Kirk
Bought by
Smith Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
6.85%
Mortgage Type
New Conventional
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

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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
Self Jack K $365,000 --
Callahan John J $345,000 --
Smith Michael $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Self Jack K $165,000
Previous Owner Callahan John J $276,000
Previous Owner Smith Michael $172,900
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 $5,346 $553,700 $194,300 $359,400
2024 $5,346 $529,300 $194,300 $335,000
2023 $4,709 $517,400 $183,800 $333,600
2022 $4,669 $462,300 $157,500 $304,800
2021 $4,272 $406,900 $136,500 $270,400
2020 $4,045 $385,200 $126,000 $259,200
2019 $4,010 $381,900 $126,000 $255,900
2018 $3,914 $372,800 $126,000 $246,800
2017 $3,778 $359,800 $120,000 $239,800
2016 $3,576 $340,600 $110,000 $230,600
2015 $3,421 $325,800 $105,000 $220,800
2014 $3,382 $322,100 $105,000 $217,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

1118 Red Bay Ln, Chesapeake, VA

This home is located at 1118 Red Bay Ln, Chesapeake, VA 23322 and is currently estimated at $584,778, approximately $207 per square foot. 1118 Red Bay Ln is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

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