1216 Lago Rd Chesapeake, VA 23322
Great Bridge Neighborhood
4
Beds
2.5
Baths
2,200
Sq Ft
0.27
Acres
Highlights
- Finished Room Over Garage
- Deck
- Corner Lot
- Cedar Road Elementary School Rated A
- Attic
- Breakfast Area or Nook
About This Home
As of November 2024HUGE Corner lot in beautiful Las Gaviotas right in the heart of Chesapeake. Completely renovated inside and out. This brick ranch features new floors, new windows, SS appliances including smart fridge with beverage station, new kitchen cabinets and beautiful quartz counters with tile backsplash, and new baths. With a huge back yard deck, custom wood burning fireplace and custom mantel, this home has too many upgrades to list. HVAC system is a top-of-the-line Carrier with extra vents and new duct work to the room over the garage. Roof is less than 8 years old. All the hard work is done so you can enjoy the Golf course and pool and clubhouse! easy access to shopping. Come sit on your new front porch! Back on market through no fault of seller and ready for you to decorate for the holidays!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,301
Year Built
- Built in 1991
Lot Details
- Picket Fence
- Back Yard Fenced
- Corner Lot
- Property is zoned R10S
HOA Fees
- $27 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,200 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Utility Room
- Washer and Dryer Hookup
- Laminate Flooring
- Crawl Space
- Scuttle Attic Hole
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 1 Car Attached Garage
- Finished Room Over Garage
- Driveway
- On-Street Parking
Outdoor Features
- Deck
- Porch
Schools
- Cedar Road Elementary School
- Great Bridge Middle School
- Grassfield High School
Utilities
- Heat Pump System
- Gas Water Heater
- Cable TV Available
Community Details
- Las Gaviotas Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Oct 31, 2024
Sold by
Tolbert John and Tolbert R
Bought by
Martinez Valentin Toledo and Perea Herminia Esquina
Seller's Agent
Shelly Taylor
Real Broker LLC
Buyer's Agent
Tiffanie Chastain
Real Broker LLC
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Views
288
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,882
Avg. Annual Appreciation
6.23%
Original Mortgage
$445,000
Outstanding Balance
$442,801
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$51,065
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%
Similar Homes in Chesapeake, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $470,000 | Titlequest | |
| Bargain Sale Deed | $225,000 | Old Republic National Title | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $445,000 | New Conventional | |
| Previous Owner | $106,606 | Stand Alone Second | |
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $470,000 | -6.0% | $214 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | For Sale | $500,000 | 0.0% | $227 / Sq Ft |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | Price Changed | $500,000 | -3.8% | $227 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $520,000 | -1.0% | $236 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $525,000 | -- | $239 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $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
Agents Affiliated with this Home
-
Shelly Taylor
Seller's Agent in 2024
Shelly Taylor
Real Broker LLC
(757) 277-5141
8 in this area
207 Total Sales
-
Debra Sarber
D
Seller Co-Listing Agent in 2024
Debra Sarber
Real Broker LLC
(757) 561-8183
1 in this area
4 Total Sales
-
Tiffanie Chastain
T
Buyer's Agent in 2024
Tiffanie Chastain
Real Broker LLC
(757) 285-5374
1 in this area
27 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10538110
APN: 0584001000340
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