NOT LISTED FOR SALE

1216 Lago Rd Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $456,000 - $557,701

4 Beds
3 Baths
2,200 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 1216 Lago Rd, Chesapeake, VA 23322 and is currently estimated at $501,175, approximately $227 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Bought by
Current Estimated Value
$501,175

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
$60,630

Purchase Details

Closed on
Nov 27, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bought by

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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Titlequest
$470,000 Titlequest
$225,000 Old Republic National Title
$225,000 Old Republic National Title
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $445,000
Closed $445,000
Previous Owner $80,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,117 $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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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