1209 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $576,000 - $666,000
6
Beds
5
Baths
3,792
Sq Ft
$163/Sq Ft
Est. Value
About This Home
This home is located at 1209 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $617,141, approximately $162 per square foot. 1209 Elder Ave is a home located in Chesapeake City with nearby schools including Norfolk Highlands Primary School, Sparrow Road Intermediate School, and Indian River Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2023
Sold by
Wallace Brian A and Wallace Gail M
Bought by
Shields Rodney D and Shields Rogayah T
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
$610,000
Outstanding Balance
$597,638
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$19,503
Purchase Details
Closed on
Jul 12, 2006
Sold by
Kretschman Agnes E
Bought by
Orion Bldg Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Shields Rodney D | $610,000 | Stewart Title | |
Orion Bldg Corp | $160,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Shields Rodney D | $610,000 | |
Previous Owner | Wallace Brian A | $275,000 | |
Previous Owner | Wallace Brian A | $350,000 |
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 | $5,939 | $612,900 | $120,000 | $492,900 |
2024 | $5,939 | $588,000 | $110,000 | $478,000 |
2023 | $4,875 | $536,800 | $105,000 | $431,800 |
2022 | $4,826 | $477,800 | $100,000 | $377,800 |
2021 | $4,425 | $421,400 | $85,000 | $336,400 |
2020 | $4,288 | $408,400 | $85,000 | $323,400 |
2019 | $4,117 | $392,100 | $85,000 | $307,100 |
2018 | $4,064 | $369,800 | $80,000 | $289,800 |
2017 | $3,941 | $375,300 | $80,000 | $295,300 |
2016 | $3,941 | $375,300 | $80,000 | $295,300 |
2015 | $3,883 | $369,800 | $80,000 | $289,800 |
2014 | $3,883 | $369,800 | $80,000 | $289,800 |
Source: Public Records
Map
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