NOT LISTED FOR SALE

1128 Benefit Rd Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $668,000 - $791,000

3 Beds
3 Baths
2,579 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 1128 Benefit Rd, Chesapeake, VA 23322 and is currently estimated at $725,615, approximately $281 per square foot. 1128 Benefit Rd is a home located in Chesapeake City with nearby schools including Hickory Elementary School, Hickory Middle School, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Armistead Properties Lc
Bought by
Itbmfla Llc
Current Estimated Value
$713,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$539,829
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2016
Sold by
Kirbor Llc A Virginia Limited Liability
Bought by
Mcdonald Michael P and Mcdonald Jennifer W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Non Purchase Money Mortgage
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
Itbmfla Llc $1,190,000 Attorney
Mcdonald Michael P $479,705 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Michael P $322,500
Open Itbmfla Llc $595,000
Previous Owner Mcdonald Mcdonald P $100,000
Previous Owner Mcdonald Michael P $335,793
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 $6,217 $615,500 $230,700 $384,800
2023 $5,762 $596,100 $200,700 $395,400
2022 $5,766 $570,900 $180,700 $390,200
2021 $5,496 $523,400 $165,400 $358,000
2020 $5,370 $511,400 $165,400 $346,000
2019 $4,744 $451,800 $143,400 $308,400
2018 $4,532 $384,400 $143,100 $241,300
2017 $4,036 $384,400 $143,100 $241,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

1128 Benefit Rd, Chesapeake, VA

This home is located at 1128 Benefit Rd, Chesapeake, VA 23322 and is currently estimated at $725,615, approximately $281 per square foot. 1128 Benefit Rd is a home located in Chesapeake City with nearby schools including Hickory Elementary School, Hickory Middle School, and Grassfield High School.

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