NOT LISTED FOR SALE

1121 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $336,000 - $352,000

3 Beds
3 Baths
1,872 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 1121 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $343,591, approximately $183 per square foot. 1121 Commerce Ave is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Williams Cody Allen and Williams Ana Marie
Bought by
Henry Julius
Current Estimated Value
$343,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,708
Outstanding Balance
$310,992
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$32,599

Purchase Details

Closed on
Mar 18, 2021
Sold by
Yost Jasiah B and Yost Cheyenne G
Bought by
Williams Cody Allen and Williams Ana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,325
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Db Construction And Property Management
Bought by
Yost Jasiah B and Yost Cheyenne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2017
Sold by
White Monique N
Bought by
Db Construction And Property Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
4.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2012
Sold by
Johnson Timuthy D
Bought by
Collins Lawience
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
Henry Julius $326,000 First American Title Insurance
Williams Cody Allen $275,000 Title Concepts Llc
Yost Jasiah B $200,000 Attorney
Db Construction And Property Management $31,000 Attorney
Collins Lawience $9,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Julius $318,708
Previous Owner Williams Cody Allen $281,325
Previous Owner Yost Jasiah B $204,300
Previous Owner Db Construction And Property Management $113,000
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 $3,089 $319,000 $75,000 $244,000
2024 $3,089 $305,800 $75,000 $230,800
2023 $1,922 $276,900 $65,000 $211,900
2022 $2,549 $252,400 $50,000 $202,400
2021 $2,343 $223,100 $45,000 $178,100
2020 $2,207 $210,200 $45,000 $165,200
2019 $2,207 $210,200 $45,000 $165,200
2018 $2,190 $208,600 $45,000 $163,600
2017 $1,168 $111,200 $45,000 $66,200
2016 $473 $45,000 $45,000 $0
2015 $685 $81,000 $45,000 $36,000
2014 $851 $81,000 $45,000 $36,000
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1121 Commerce Ave, Chesapeake, VA

This home is located at 1121 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $343,591, approximately $183 per square foot. 1121 Commerce Ave is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

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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