NOT LISTED FOR SALE

116 Old Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $533,331 - $561,000

4 Beds
2 Baths
2,325 Sq Ft
$237/Sq Ft Est. Value

About This Home

This home is located at 116 Old Dr, Chesapeake, VA 23322 and is currently estimated at $550,083, approximately $236 per square foot. 116 Old Dr is a home located in Chesapeake City with nearby schools including Great Bridge Primary School, Great Bridge Intermediate School, and Great Bridge Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
Tropp Jaime J and Tropp Justin W
Bought by
Placek Thomas
Current Estimated Value
$550,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,550
Outstanding Balance
$316,578
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$233,505

Purchase Details

Closed on
Oct 11, 2017
Sold by
Culcasi Vincent P and Culcasi Vincent J
Bought by
Tropp James J and Tropp Justin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,270
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Mar 4, 2005
Sold by
Wells Richard P
Bought by
Culcasi Vincent P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.56%
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
Placek Thomas $350,000 Attorney
Tropp James J $329,000 Title Resources Guaranty Co
Culcasi Vincent P $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Placek Thomas $361,550
Previous Owner Tropp James J $335,270
Previous Owner Culcasi Vincent P $163,000
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 $4,878 $512,100 $195,000 $317,100
2024 $4,878 $483,000 $185,000 $298,000
2023 $4,486 $462,900 $175,000 $287,900
2022 $4,579 $453,400 $155,000 $298,400
2021 $4,109 $391,300 $130,000 $261,300
2020 $3,858 $367,400 $120,000 $247,400
2019 $3,713 $353,600 $120,000 $233,600
2018 $3,367 $320,700 $120,000 $200,700
2017 $3,095 $294,800 $120,000 $174,800
2016 $2,981 $283,900 $119,000 $164,900
2015 $2,981 $283,900 $119,000 $164,900
2014 $2,981 $283,900 $119,000 $164,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

116 Old Dr, Chesapeake, VA

Not Listed for Sale

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