NOT LISTED FOR SALE

1161 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $262,876 - $285,000

3 Beds
3 Baths
1,350 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 1161 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $275,469, approximately $204 per square foot. 1161 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.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Ritter Colton Robert James and Ritter Jami Nicole
Bought by
Current Estimated Value
$275,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,635
Outstanding Balance
$240,825
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$34,644

Purchase Details

Closed on
Jun 27, 2022
Sold by
Sugarland Homes Llc
Bought by
Ritter Colton Robert James and Cardenas Jami Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,877
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Jul 24, 2020
Sold by
Penalosa Leo
Bought by
Sugarland Homes Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Qlt1 L L C
Bought by
Penalosa Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,037
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2008
Sold by
Federal National Mortgage Association
Bought by
Amtrust Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2008
Sold by
Fremont Investment And Lo
Bought by
Hsbc Bank Usa N A As Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2002
Sold by
Tarkenten Thoams R
Bought by
Monarch Investment Group

Purchase Details

Closed on
Feb 18, 2002
Sold by
Monarch Investment Group
Bought by
Martin Ford W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Norfolk, VA

  • Troye Levin-Whiting Real Estate Agent - Iron Valley Real Est Norfolk

    Troye Levin-Whiting

    Iron Valley Real Est Norfolk

    (757) 982-3709

    123 Total Sales

    9 in South Norfolk

    $143K - $295K Price Range

    Troye Levin-Whiting
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  • Jason Dunaway Real Estate Agent - Howard Hanna Real Estate Svcs.

    Jason Dunaway

    Responds Quickly

    Howard Hanna Real Estate Svcs.

    (757) 908-6859

    131 Total Sales

    2 in South Norfolk

    $360K - $363K Price Range

    Jason Dunaway
     Section Image
  • Jake Maines Real Estate Agent - Iron Valley Real Estate HR

    Jake Maines

    Iron Valley Real Estate HR

    (864) 387-8519

    154 Total Sales

    4 in South Norfolk

    $115K - $250K Price Range

    Jake Maines
     Section Image
  • Angela Evans Real Estate Agent - Swell Realty Co

    Angela Evans

    Swell Realty Co

    (757) 799-4493

    76 Total Sales

    2 in South Norfolk

    $334K - $350K Price Range

    Angela Evans
     Section Image
  • Jon Bourque Real Estate Agent - Verian Realty

    Jon Bourque

    Verian Realty

    (757) 280-2417

    89 Total Sales

    1 in South Norfolk

    $38,000 Price

    Jon Bourque
     Section Image
  • Steffanie Battles Real Estate Agent - 1st Class Real Estate Flagship

    Steffanie Battles

    1st Class Real Estate Flagship

    (757) 979-2597

    280 Total Sales

    6 in South Norfolk

    $256K - $379K Price Range

    Steffanie Battles
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 Noble Title
Ritter Colton Robert James $259,900 Old Republic National Title
Sugarland Homes Llc $71,000 Attorney
Penalosa Leo $111,100 --
Amtrust Bank -- --
Hsbc Bank Usa N A As Trustee $67,200 --
Qlt 1 Llc $67,200 --
Monarch Investment Group $34,000 --
Martin Ford W $62,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,635
Previous Owner Ritter Colton Robert James $265,877
Previous Owner Penalosa Leo $109,037
Previous Owner Qlt 1 Llc $90,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,334 $231,100 $75,000 $156,100
2024 $2,241 $221,900 $75,000 $146,900
2023 $1,678 $202,700 $65,000 $137,700
2022 $1,680 $166,300 $50,000 $116,300
2021 $1,304 $124,200 $45,000 $79,200
2020 $1,239 $118,000 $45,000 $73,000
2019 $1,239 $118,000 $45,000 $73,000
2018 $1,122 $106,900 $45,000 $61,900
2017 $1,104 $105,100 $45,000 $60,100
2016 $1,104 $105,100 $45,000 $60,100
2015 $1,104 $105,100 $45,000 $60,100
2014 $1,104 $105,100 $45,000 $60,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1161 Commerce Ave, Chesapeake, VA

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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