Seller's Agent in 2025
Angela Britt
Wainwright Real Estate
(757) 495-8802
5 in this area
73 Total Sales
1140 Commerce Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated Value: $298,000 - $341,948
3
Beds
2.5
Baths
1,466
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- New Construction
- Contemporary Architecture
- No HOA
- Rena B. Wright Primary School Rated A-
- Attic
- Breakfast Area or Nook
About This Home
As of March 2025NEW CONSTRUCTION! This home was built by a HUD registered Non-profit organization whose mission is to build affordable housing for first-time buyers. Closing costs and down payment assistance may be available for buyers who qualify through the "Call Chesapeake Home" program. Income restrictions apply. Don't miss this great opportunity to own a new construction home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,595
Year Built
- Built in 2023 | New Construction
Lot Details
- 6,011
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,466 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Utility Closet
- Washer and Dryer Hookup
- Attic
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Patio
Schools
- Rena B. Wright Primary Elementary School
- Oscar Smith High School
Utilities
- Central Air
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- South Norfolk Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2024
Closed on
Feb 13, 2025
Sold by
Chesapeake Home Inc
Bought by
Stone Brooke
Seller's Agent
Angela Britt
Wainwright Real Estate
Buyer's Agent
Linzi Mironchik
The Bryant Group
List Price
$280,000
Sold Price
$311,000
Premium/Discount to List
$31,000
11.07%
Views
2523
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,487
Avg. Annual Appreciation
4.50%
Original Mortgage
$150,007
Outstanding Balance
$122,031
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$196,456
Purchase Details
Closed on
Dec 14, 2021
Sold by
Askew Lennette I
Bought by
Chesapeake Home Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stone Brooke | $311,000 | First American Title Insurance | |
| Stone Brooke | $311,000 | First American Title Insurance | |
| Chesapeake Home Inc | $55,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stone Brooke | $150,007 | |
| Closed | Stone Brooke | $150,007 | |
| Closed | Stone Brooke | $164,150 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $311,000 | +11.1% | $212 / Sq Ft |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $280,000 | -10.0% | $191 / Sq Ft |
| 12/31/2024 12/31/24 | Off Market | $311,000 | -- | -- |
| 11/04/2024 11/04/24 | Price Changed | $280,000 | -4.1% | $191 / Sq Ft |
| 05/17/2024 05/17/24 | For Sale | $292,000 | -- | $199 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $3,208 | $330,500 | $85,000 | $245,500 |
| 2024 | $3,208 | $317,600 | $85,000 | $232,600 |
| 2023 | $1,596 | $158,000 | $75,000 | $83,000 |
| 2022 | $606 | $60,000 | $60,000 | $0 |
| 2021 | $1,222 | $116,400 | $55,000 | $61,400 |
| 2020 | $1,179 | $112,300 | $55,000 | $57,300 |
| 2019 | $1,179 | $112,300 | $55,000 | $57,300 |
| 2018 | $1,157 | $108,600 | $55,000 | $53,600 |
| 2017 | $1,140 | $108,600 | $55,000 | $53,600 |
| 2016 | $1,140 | $108,600 | $55,000 | $53,600 |
| 2015 | $1,140 | $108,600 | $55,000 | $53,600 |
| 2014 | $1,140 | $108,600 | $55,000 | $53,600 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Britt
-
Linzi Mironchik
Buyer's Agent in 2025
Linzi Mironchik
The Bryant Group
(757) 576-2502
2 in this area
19 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10533127
APN: 1280000002230
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