NOT LISTED FOR SALE

1124 Elder Ave Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $416,000 - $445,000

4 Beds
3 Baths
2,040 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 1124 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $430,795, approximately $211 per square foot. 1124 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
Dec 17, 2019
Sold by
Bohn Construction Company
Bought by
Mercurio Frank J and Mercurio Amber
Current Estimated Value
$430,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,975
Outstanding Balance
$268,263
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$159,108
Source: Public Records

Range of Values:

Collateral Analytics

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mercurio Frank J $296,599 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercurio Frank J $302,975
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
2024 $3,944 $390,500 $105,000 $285,500
2023 $3,396 $365,800 $100,000 $265,800
2022 $3,411 $337,700 $95,000 $242,700
2021 $3,066 $292,000 $80,000 $212,000
2020 $3,006 $286,300 $80,000 $206,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1124 Elder Ave, Chesapeake, VA

This home is located at 1124 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $430,795, approximately $211 per square foot. 1124 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.

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