NOT LISTED FOR SALE

1216 Chesapeake Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $315,000 - $340,000

3 Beds
3 Baths
1,976 Sq Ft
$165/Sq Ft Est. Value

About This Home

This home is located at 1216 Chesapeake Ave, Chesapeake, VA 23324 and is currently estimated at $326,486, approximately $165 per square foot. 1216 Chesapeake 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
Jul 30, 2018
Sold by
Wc Build Llc
Bought by
Tilman Michael Q and Tilman Molly C
Current Estimated Value
$325,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,458
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2018
Sold by
Professional Foreclosure Corporation Of and Elmore Katherine
Bought by
Wc Build Llc

Purchase Details

Closed on
Feb 26, 2003
Sold by
Getty Francis G
Bought by
Elmore Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,722
Interest Rate
5.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Tilman Michael Q $225,000 Attorney
Wc Build Llc $65,000 None Available
Elmore Steven $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilman Michael Q $325,218
Closed Tilman Michael Q $324,981
Closed Tilman Michael Q $236,175
Closed Tilman Michael Q $233,458
Previous Owner Elmore Katherine $208,468
Previous Owner Elmore Katherine $205,388
Previous Owner Elmore Steven $189,000
Previous Owner Elmore Steven $101,722
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 $3,001 $297,100 $80,000 $217,100
2023 $2,482 $260,500 $70,000 $190,500
2022 $2,430 $240,600 $60,000 $180,600
2021 $2,435 $231,900 $55,000 $176,900
2020 $2,336 $222,500 $55,000 $167,500
2019 $2,240 $213,300 $55,000 $158,300
2018 $1,491 $142,000 $55,000 $87,000
2017 $1,456 $138,700 $55,000 $83,700
2016 $1,431 $136,300 $55,000 $81,300
2015 $1,431 $136,300 $55,000 $81,300
2014 $1,431 $136,300 $55,000 $81,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1216 Chesapeake Ave, Chesapeake, VA

This home is located at 1216 Chesapeake Ave, Chesapeake, VA 23324 and is currently estimated at $326,486, approximately $165 per square foot. 1216 Chesapeake 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.

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