118 Welch Ln Chesapeake, VA 23320
Greenbrier West NeighborhoodEstimated Value: $385,000 - $486,000
4
Beds
3
Baths
2,000
Sq Ft
$215/Sq Ft
Est. Value
About This Home
This home is located at 118 Welch Ln, Chesapeake, VA 23320 and is currently estimated at $430,146, approximately $215 per square foot. 118 Welch Ln is a home located in Chesapeake City with nearby schools including B.M. Williams Primary School, Crestwood Intermediate School, and Crestwood Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 19, 2024
Sold by
Sonderman Patrick W and Sonderman Maritsa
Bought by
Lewis Tyree D
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
$360,000
Outstanding Balance
$354,023
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
$76,123
Purchase Details
Closed on
Apr 11, 2019
Sold by
Bay Shore Development Llc
Bought by
Sonderman Patrick W and Sonderman Maritsa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,487
Interest Rate
4.4%
Mortgage Type
VA
Purchase Details
Closed on
Apr 6, 2018
Sold by
Cit Bank Na
Bought by
Bay Shore Development Llc
Purchase Details
Closed on
Oct 17, 2017
Sold by
Professional Foreclosure Corporation Of
Bought by
Cit Bank Na
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 |
---|---|---|---|
Lewis Tyree D | $360,000 | Barristers Settlement Title | |
Lewis Tyree D | $360,000 | Barristers Settlement Title | |
Lewis Tyree D | $360,000 | Barristers Settlement Title | |
Lewis Tyree D | $360,000 | Barristers Settlement Title | |
Sonderman Patrick W | $259,900 | Attorney | |
Sonderman Patrick W | $259,900 | Attorney | |
Bay Shore Development Llc | $101,000 | Servicelink Llc | |
Bay Shore Development Llc | $101,000 | Servicelink Llc | |
Cit Bank Na | $133,989 | None Available | |
Cit Bank Na | $133,989 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lewis Tyree D | $360,000 | |
Closed | Lewis Tyree D | $360,000 | |
Previous Owner | Sonderman Patrick W | $265,487 |
Source: Public Records
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 | $3,481 | $412,800 | $130,000 | $282,800 |
2024 | $3,481 | $344,700 | $120,000 | $224,700 |
2023 | $2,906 | $303,200 | $110,000 | $193,200 |
2022 | $2,925 | $289,600 | $95,000 | $194,600 |
2021 | $2,710 | $258,100 | $75,000 | $183,100 |
2020 | $2,649 | $252,300 | $70,000 | $182,300 |
2019 | $2,506 | $238,700 | $65,000 | $173,700 |
2018 | $682 | $65,000 | $65,000 | $0 |
2017 | $1,345 | $128,100 | $65,000 | $63,100 |
2016 | $1,293 | $123,100 | $60,000 | $63,100 |
2015 | $1,293 | $123,100 | $60,000 | $63,100 |
2014 | $1,293 | $123,100 | $60,000 | $63,100 |
Source: Public Records
Map
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