NOT LISTED FOR SALE

1216 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $286,000 - $323,000

4 Beds
3 Baths
1,616 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 1216 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $309,789, approximately $191 per square foot. 1216 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
Sep 18, 2014
Sold by
F&W Builders Inc
Bought by
Burke Latoya D
Current Estimated Value
$309,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Outstanding Balance
$133,171
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$176,618

Purchase Details

Closed on
Nov 19, 2013
Sold by
Mr Hampton Roads Llc
Bought by
F And W Builders Inc

Purchase Details

Closed on
Jun 4, 2012
Sold by
Hrv Propertieis Llc
Bought by
Mr Hampton Roads Llc

Purchase Details

Closed on
Oct 25, 2006
Sold by
Tingle Alvin E
Bought by
Brown Michael E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Burke Latoya D $175,000 --
F And W Builders Inc $18,000 --
Mr Hampton Roads Llc $27,000 --
Brown Michael E $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Latoya D $171,830
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
2025 $2,758 $284,500 $75,000 $209,500
2024 $2,758 $273,100 $75,000 $198,100
2023 $2,262 $246,100 $65,000 $181,100
2022 $2,250 $222,800 $50,000 $172,800
2021 $2,063 $196,500 $45,000 $151,500
2020 $1,924 $183,200 $45,000 $138,200
2019 $1,924 $183,200 $45,000 $138,200
2018 $1,766 $168,200 $45,000 $123,200
2017 $1,728 $164,600 $45,000 $119,600
2016 $1,728 $164,600 $45,000 $119,600
2015 $1,728 $164,600 $45,000 $119,600
2014 $1,728 $164,600 $45,000 $119,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1216 Commerce Ave, Chesapeake, VA

This home is located at 1216 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $309,789, approximately $191 per square foot. 1216 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.

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