NOT LISTED FOR SALE

1202 Commerce Ave Unit B Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $208,000 - $220,424

1 Bed
1 Bath
606 Sq Ft
$352/Sq Ft Est. Value

About This Home

This home is located at 1202 Commerce Ave Unit B, Chesapeake, VA 23324 and is currently estimated at $213,606, approximately $352 per square foot. 1202 Commerce Ave Unit B 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
Aug 26, 2022
Sold by
Herd Enterprises Llc
Bought by
Marcella Emerson S
Current Estimated Value
$213,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Outstanding Balance
$126,485
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
$87,121

Purchase Details

Closed on
Sep 27, 2018
Sold by
Jo & El Properties
Bought by
Herd Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,340
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Marcella Emerson S $175,000 First American Title
Herd Enterprises Llc $105,340 True North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcella Emerson S $131,250
Previous Owner Herd Enterprises Llc $100,340
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
2024 $1,794 $177,600 $75,000 $102,600
2023 $1,432 $158,500 $65,000 $93,500
2022 $1,408 $139,400 $50,000 $89,400
2021 $1,310 $124,800 $45,000 $79,800
2020 $1,260 $120,000 $45,000 $75,000
2019 $1,260 $120,000 $45,000 $75,000
2018 $1,224 $116,600 $45,000 $71,600
2017 $1,202 $114,500 $45,000 $69,500
2016 $1,202 $114,500 $45,000 $69,500
2015 $1,202 $114,500 $45,000 $69,500
2014 $1,202 $114,500 $45,000 $69,500
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1202 Commerce Ave Unit B, Chesapeake, VA

Homes for Sale in Chesapeake, VA

This home is located at 1202 Commerce Ave Unit B, Chesapeake, VA 23324 and is currently estimated at $213,606, approximately $352 per square foot. 1202 Commerce Ave Unit B is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

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