NOT LISTED FOR SALE

1216 Lago Rd Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $478,000 - $523,281

4 Beds
3 Baths
2,200 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 1216 Lago Rd, Chesapeake, VA 23322 and is currently estimated at $497,570, approximately $226 per square foot. 1216 Lago Rd is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Tolbert John and Tolbert R
Bought by
Martinez Valentin Toledo and Perea Herminia Esquina
Current Estimated Value
$516,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$440,545
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$57,025

Purchase Details

Closed on
Nov 27, 2023
Sold by
Dotzler Robert J
Bought by
Tolbert Robert and Tolbert John

Purchase Details

Closed on
Aug 6, 1999
Sold by
Huff Donald J
Bought by
Dotzler Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.65%
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

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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
Martinez Valentin Toledo $470,000 Titlequest
Martinez Valentin Toledo $470,000 Titlequest
Tolbert Robert $225,000 Old Republic National Title
Tolbert Robert $225,000 Old Republic National Title
Dotzler Robert J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Valentin Toledo $445,000
Closed Martinez Valentin Toledo $445,000
Previous Owner Dotzler Robert J $80,000
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 $4,495 $506,600 $200,000 $306,600
2024 $4,495 $445,000 $180,000 $265,000
2023 $4,301 $425,800 $160,000 $265,800
2022 $3,773 $373,600 $140,000 $233,600
2021 $3,481 $331,500 $120,000 $211,500
2020 $3,375 $321,400 $120,000 $201,400
2019 $3,335 $317,600 $120,000 $197,600
2018 $3,335 $306,300 $117,000 $189,300
2017 $3,216 $306,300 $117,000 $189,300
2016 $3,216 $306,300 $117,000 $189,300
2015 $3,192 $304,000 $117,000 $187,000
2014 $3,135 $298,600 $117,000 $181,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

1216 Lago Rd, Chesapeake, VA

Not Listed for Sale

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