1172 Commerce Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated Value: $213,000 - $226,000
3
Beds
1
Bath
1,152
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 1172 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $220,716, approximately $191 per square foot. 1172 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
Oct 29, 2021
Sold by
Oceanside Structures Inc
Bought by
Mccloud David
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2021
Sold by
Commerce Property Llc
Bought by
Oceanside Structures Inc
Purchase Details
Closed on
Apr 1, 2008
Sold by
Household Realty Corp
Bought by
Silkey Michael J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccloud David | $160,000 | Fidelity National Title | |
| Oceanside Structures Inc | $92,000 | Attorney | |
| Silkey Michael J | $84,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mccloud David | $8,000 | |
| Open | Mccloud David | $157,102 |
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 | $1,839 | $188,300 | $85,000 | $103,300 |
| 2024 | $1,839 | $182,100 | $85,000 | $97,100 |
| 2023 | $1,479 | $163,300 | $75,000 | $88,300 |
| 2022 | $1,452 | $143,800 | $60,000 | $83,800 |
| 2021 | $1,362 | $129,700 | $55,000 | $74,700 |
| 2020 | $1,321 | $125,800 | $55,000 | $70,800 |
| 2019 | $1,321 | $125,800 | $55,000 | $70,800 |
| 2018 | $1,277 | $121,600 | $55,000 | $66,600 |
| 2017 | $1,257 | $119,700 | $55,000 | $64,700 |
| 2016 | $1,257 | $119,700 | $55,000 | $64,700 |
| 2015 | $1,257 | $119,700 | $55,000 | $64,700 |
| 2014 | $1,257 | $119,700 | $55,000 | $64,700 |
Source: Public Records
Map
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