NOT LISTED FOR SALE

1137 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $254,000 - $272,000

3 Beds
2 Baths
1,200 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 1137 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $261,585, approximately $217 per square foot. 1137 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
May 19, 2022
Sold by
Kimberly Gonzalez
Bought by
Carpenter Brandon E
Current Estimated Value
$261,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700
Outstanding Balance
$7,304
Interest Rate
5.25%
Estimated Equity
$254,281

Purchase Details

Closed on
Nov 10, 2017
Sold by
Flowers Mike and Flowers Rita
Bought by
Gonzalez Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,891
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2011
Sold by
Secretary Of Hsng And Urbn Dev
Bought by
Flowers Mike

Purchase Details

Closed on
Apr 6, 2010
Sold by
Recontrust Co Na Sub Tr
Bought by
Sec Of Hud
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

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
Carpenter Brandon E $220,000 Fidelity National Title
Gonzalez Kimberly $162,400 Attorney
Flowers Mike $13,500 --
Sec Of Hud $112,355 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Brandon E $7,700
Open Carpenter Brandon E $216,015
Previous Owner Gonzalez Kimberly $165,891
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 $2,261 $232,800 $85,000 $147,800
2024 $2,261 $223,900 $85,000 $138,900
2023 $1,842 $200,700 $75,000 $125,700
2022 $1,809 $179,100 $60,000 $119,100
2021 $1,723 $164,100 $55,000 $109,100
2020 $1,641 $156,300 $55,000 $101,300
2019 $1,641 $156,300 $55,000 $101,300
2018 $1,604 $152,800 $55,000 $97,800
2017 $990 $94,300 $55,000 $39,300
2016 $990 $94,300 $55,000 $39,300
2015 $990 $94,300 $55,000 $39,300
2014 $990 $94,300 $55,000 $39,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1137 Commerce Ave, Chesapeake, VA

Not Listed for Sale

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