NOT LISTED FOR SALE

1131 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $168,312 - $271,000

4 Beds
1 Bath
1,336 Sq Ft
$165/Sq Ft Est. Value

About This Home

This home is located at 1131 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $221,078, approximately $165 per square foot. 1131 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
Sep 26, 2008
Sold by
Mitts Edward P
Bought by
Jones Catrina N
Current Estimated Value
$223,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,575
Outstanding Balance
$72,865
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$148,213

Purchase Details

Closed on
Aug 4, 2004
Sold by
Goodsell Jeffrey
Bought by
Mitts Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Jones Catrina N $109,900 --
Mitts Edward $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Catrina N $109,575
Previous Owner Mitts Edward $69,900
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 $1,465 $148,800 $75,000 $73,800
2024 $1,465 $145,000 $75,000 $70,000
2023 $1,148 $129,000 $65,000 $64,000
2022 $1,123 $111,200 $50,000 $61,200
2021 $1,044 $99,400 $45,000 $54,400
2020 $1,024 $97,500 $45,000 $52,500
2019 $1,024 $97,500 $45,000 $52,500
2018 $1,037 $98,800 $45,000 $53,800
2017 $1,021 $97,200 $45,000 $52,200
2016 $1,021 $97,200 $45,000 $52,200
2015 $1,021 $97,200 $45,000 $52,200
2014 $1,021 $97,200 $45,000 $52,200
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1131 Commerce Ave, Chesapeake, VA

Not Listed for Sale

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