1120 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $391,000 - $433,000
4
Beds
3
Baths
1,920
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 1120 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $409,909, approximately $213 per square foot. 1120 Elder Ave is a home located in Chesapeake City with nearby schools including Norfolk Highlands Primary School, Sparrow Road Intermediate School, and Indian River Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2015
Sold by
Gates Michael J
Bought by
Colletti Lori A
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
$235,554
Outstanding Balance
$179,823
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$230,086
Purchase Details
Closed on
Mar 6, 2006
Sold by
Orion Building
Bought by
Gates Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colletti Lori A | $239,900 | -- | |
| Gates Michael J | $299,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Colletti Lori A | $235,554 | |
| Previous Owner | Gates Michael J | $239,000 |
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 | $3,797 | $395,800 | $115,000 | $280,800 |
| 2024 | $3,797 | $375,900 | $105,000 | $270,900 |
| 2023 | $3,559 | $352,400 | $100,000 | $252,400 |
| 2022 | $3,289 | $325,600 | $95,000 | $230,600 |
| 2021 | $2,958 | $281,700 | $80,000 | $201,700 |
| 2020 | $2,763 | $263,100 | $80,000 | $183,100 |
| 2019 | $2,557 | $243,500 | $80,000 | $163,500 |
| 2018 | $2,556 | $237,200 | $80,000 | $157,200 |
| 2017 | $2,491 | $237,200 | $80,000 | $157,200 |
| 2016 | $2,491 | $237,200 | $80,000 | $157,200 |
| 2015 | $2,573 | $245,000 | $80,000 | $165,000 |
| 2014 | $2,573 | $245,000 | $80,000 | $165,000 |
Source: Public Records
Map
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