1216 Lago Rd Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $467,000 - $535,378
4
Beds
3
Baths
2,200
Sq Ft
$227/Sq Ft
Est. Value
About This Home
This home is located at 1216 Lago Rd, Chesapeake, VA 23322 and is currently estimated at $499,345, 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
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
$58,800
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%
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Home Values in the Area
Average Home Value in this Area
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
| 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
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