1216 Ormer Rd Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $326,000 - $333,000
4
Beds
2
Baths
1,589
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 1216 Ormer Rd, Chesapeake, VA 23325 and is currently estimated at $330,201, approximately $207 per square foot. 1216 Ormer Rd is a home located in Chesapeake City with nearby schools including Norfolk Highlands Primary School, Sparrow Road Intermediate School, and Indian River Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2015
Sold by
Torres Carolyn B
Bought by
Jacobs Matthew S
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
$196,638
Outstanding Balance
$151,318
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$178,883
Purchase Details
Closed on
Jan 27, 2006
Sold by
Youngblood Merle G
Bought by
Torres Leon Genaro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,500
Interest Rate
6.34%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jacobs Matthew S | $192,500 | -- | |
| Torres Leon Genaro | $224,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jacobs Matthew S | $196,638 | |
| Previous Owner | Torres Leon Genaro | $224,500 |
Source: Public Records
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 | $2,710 | $293,100 | $115,000 | $178,100 |
| 2024 | $2,710 | $268,300 | $105,000 | $163,300 |
| 2023 | $2,238 | $242,300 | $95,000 | $147,300 |
| 2022 | $2,210 | $218,800 | $85,000 | $133,800 |
| 2021 | $2,084 | $198,500 | $75,000 | $123,500 |
| 2020 | $2,081 | $198,200 | $75,000 | $123,200 |
| 2019 | $2,058 | $196,000 | $75,000 | $121,000 |
| 2018 | $2,126 | $192,600 | $70,000 | $122,600 |
| 2017 | $2,022 | $192,600 | $70,000 | $122,600 |
| 2016 | $2,022 | $192,600 | $70,000 | $122,600 |
| 2015 | $2,022 | $192,600 | $70,000 | $122,600 |
| 2014 | $2,022 | $192,600 | $70,000 | $122,600 |
Source: Public Records
Map
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