NOT LISTED FOR SALE

1216 Illuminare Way Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $726,000 - $765,000

6 Beds
3 Baths
3,200 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 1216 Illuminare Way, Chesapeake, VA 23322 and is currently estimated at $748,842, approximately $234 per square foot. 1216 Illuminare Way is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Morris Robert K and Morris Teresa L
Bought by
Morris Robert K and Morris Teresa L
Current Estimated Value
$748,842

Purchase Details

Closed on
Jul 5, 2018
Sold by
Tye Gary W and Tye Danielle A
Bought by
Morris Robert and Morris Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2016
Sold by
Tye Gary W and Tye Danielle A
Bought by
The Gary W Tye Living Trust Dated July 1 and The Danielle A Tye Living Trust Dated Ju

Purchase Details

Closed on
May 20, 2015
Sold by
Viridian Construction Llc
Bought by
Tye Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,534
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Morris Robert K -- None Listed On Document
Morris Robert K -- None Listed On Document
Morris Robert $529,000 Viking Title & Escrow Llc
The Gary W Tye Living Trust Dated July 1 -- None Available
Tye Gary W $507,260 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Robert $329,000
Previous Owner Tye Gary W $456,534
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 $6,839 $691,700 $190,000 $501,700
2024 $6,839 $677,100 $185,000 $492,100
2023 $6,569 $650,400 $165,000 $485,400
2022 $6,073 $601,300 $150,000 $451,300
2021 $5,472 $521,100 $135,000 $386,100
2020 $5,328 $507,400 $135,000 $372,400
2019 $5,065 $482,400 $135,000 $347,400
2018 $4,965 $472,900 $135,000 $337,900
2017 $4,846 $461,500 $135,000 $326,500
2016 $4,846 $461,500 $135,000 $326,500
2015 $4,272 $398,600 $125,000 $273,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

1216 Illuminare Way, Chesapeake, VA

Not Listed for Sale

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