NOT LISTED FOR SALE

1148 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $402,000 - $466,000

4 Beds
3 Baths
2,991 Sq Ft
$145/Sq Ft Est. Value

About This Home

This home is located at 1148 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $433,490, approximately $144 per square foot. 1148 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 29, 2008
Sold by
Scott Lester R
Bought by
Bynum Raheem
Current Estimated Value
$433,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,902
Outstanding Balance
$105,666
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$327,824

Purchase Details

Closed on
Apr 29, 2003
Sold by
Bankers Trust Co Of Calif
Bought by
Scott Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2001
Sold by
Renaissance Dev Corp
Bought by
Lewis Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 1, 2000
Sold by
Samuel I White P C
Bought by
Companion Mortgage Corporation

Purchase Details

Closed on
Nov 10, 1998
Sold by
Manuel Development Corp I
Bought by
Plogger Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.65%
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
Bynum Raheem $161,000 --
Scott Lester $61,800 --
Lewis Mona $80,000 --
Companion Mortgage Corporation $39,500 --
Plogger Charles E $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bynum Raheem $158,902
Previous Owner Scott Lester $68,500
Previous Owner Lewis Mona $64,000
Previous Owner Plogger Charles E $55,500
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 $4,186 $433,400 $90,000 $343,400
2024 $4,186 $414,500 $90,000 $324,500
2023 $3,536 $379,400 $80,000 $299,400
2022 $3,533 $349,800 $65,000 $284,800
2021 $3,248 $309,300 $60,000 $249,300
2020 $3,067 $292,100 $60,000 $232,100
2019 $3,067 $292,100 $60,000 $232,100
2018 $2,841 $270,600 $60,000 $210,600
2017 $2,777 $264,500 $60,000 $204,500
2016 $601 $57,200 $55,000 $2,200
2015 $1,394 $132,800 $55,000 $77,800
2014 $1,394 $132,800 $55,000 $77,800
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1148 Commerce Ave, Chesapeake, VA

This home is located at 1148 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $433,490, approximately $144 per square foot. 1148 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.

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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