NOT LISTED FOR SALE

1127 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $315,956 - $328,000

4 Beds
3 Baths
1,620 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 1127 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $322,239, approximately $198 per square foot. 1127 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
Rochefort Julie Cecile and Neveu Neil
Bought by
Mendis Dirk and Mendis Erica Arlene
Current Estimated Value
$322,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,557
Outstanding Balance
$302,753
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$19,486

Purchase Details

Closed on
Oct 6, 2021
Sold by
Sloan Selena S
Bought by
Rochefort Julie Cecile and Neveu Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mendis Dirk $305,000 Noble Title
Rochefort Julie Cecile $260,000 Rocket Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendis Dirk $311,557
Previous Owner Rochefort Julie Cecile $223,850
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 $2,914 $300,100 $85,000 $215,100
2024 $2,914 $288,500 $85,000 $203,500
2023 $2,379 $261,400 $75,000 $186,400
2022 $2,404 $238,000 $60,000 $178,000
2020 $2,070 $197,100 $55,000 $142,100
2019 $2,070 $197,100 $55,000 $142,100
2018 $1,901 $176,900 $55,000 $121,900
2017 $1,863 $177,400 $55,000 $122,400
2016 $1,857 $176,900 $55,000 $121,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1127 Commerce Ave, Chesapeake, VA

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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