NOT LISTED FOR SALE

1123 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $328,000 - $339,000

3 Beds
3 Baths
1,900 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 1123 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $333,257, approximately $175 per square foot. 1123 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
Aug 5, 2016
Sold by
P & A Construction Inc A Virginia Corpor
Bought by
Parker Kimberly
Current Estimated Value
$333,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,550
Outstanding Balance
$149,001
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$184,256

Purchase Details

Closed on
Apr 4, 2016
Sold by
Bay Shore Development Llc A Virginia Lim
Bought by
P And A Construction Inc A Virginia Corp

Purchase Details

Closed on
Mar 29, 2016
Sold by
Marshall Homes Inc A Virginia Corporatio
Bought by
Bay Shore Developement Llc A Virginia Li

Purchase Details

Closed on
May 12, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Marshall Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Surety Trustees Llc Sub Tr
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 9, 2005
Sold by
I E T
Bought by
Harris Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Mcbride William
Bought by
Smith Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Parker Kimberly $184,900 Attorney
P And A Construction Inc A Virginia Corp $30,000 Attorney
Bay Shore Developement Llc A Virginia Li $20,000 Attorney
Marshall Homes Inc $39,400 --
Federal Home Loan Mortgage Corporation $38,588 --
Harris Stephen S $110,000 --
Smith Raymond $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Kimberly $181,550
Previous Owner Marshall Homes Inc $48,000
Previous Owner Harris Stephen S $110,000
Previous Owner Smith Raymond $15,000
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 $1,283 $304,800 $75,000 $229,800
2024 $1,283 $292,600 $75,000 $217,600
2023 $802 $264,600 $65,000 $199,600
2022 $1,069 $240,800 $50,000 $190,800
2021 $1,662 $213,200 $45,000 $168,200
2020 $2,139 $203,700 $45,000 $158,700
2019 $2,139 $203,700 $45,000 $158,700
2018 $1,859 $177,100 $45,000 $132,100
2017 $1,820 $173,300 $45,000 $128,300
2016 $1,272 $121,100 $45,000 $76,100
2015 $856 $93,700 $45,000 $48,700
2014 $984 $93,700 $45,000 $48,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1123 Commerce Ave, Chesapeake, VA

This home is located at 1123 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $333,257, approximately $175 per square foot. 1123 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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