NOT LISTED FOR SALE

Estimated Value: $249,000 - $304,000

3 Beds
2 Baths
1,056 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $167,900 $159 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,649/month

Highlights

  • Rambler Architecture
  • 1 Attached Carport Space
  • Central Heating and Cooling System
  • No HOA

About This Home

As of July 2020

This home is located at 122 Commonwealth Ave, Chesapeake, VA 23325 since 13 January 2021 and is currently estimated at $276,751, approximately $262 per square foot. This property was built in 1955. 122 Commonwealth Ave is a home located in Chesapeake City with nearby schools including Georgetown Primary School, Sparrow Road Intermediate School, and Indian River Middle.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/13/2021

Last Buyer's Agent

Emilie Donald

Blue and Gray Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,588

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 160.04
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHESAPEAKE CITY PUBLIC SCHOOLS
  • School District Key: 300200397409
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.60
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1588.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 07/06/2020

MLS Schools

  • School District Name: CHESAPEAKE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jul 2, 2020
Sold by
Haynes Susan A
Bought by
Eldridge Leslie W
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Emilie Donald
Blue and Gray Realty, LLC
List Price
$169,000
Sold Price
$167,900
Premium/Discount to List
-$1,100
-0.65%
Current Estimated Value
$269,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,177
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Castillo Nicholas R
Bought by
Pipis Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,875
Interest Rate
6.39%
Source: Public Records

Range of Values:

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Average Value
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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
Eldridge Leslie W $167,900 Alford Title And Consulting
Pipis Michael R $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Eldridge Leslie W $0
Open Eldridge Leslie W $160,000
Previous Owner Pipis Michael R $82,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 For Sale $169,000 +0.7% $160 / Sq Ft
07/06/2020 07/06/20 Sold $167,900 -- $159 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
Source: Bright MLS

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
2024 $2,106 $208,500 $115,000 $93,500
2023 $2,002 $198,200 $105,000 $93,200
2022 $1,859 $184,100 $95,000 $89,100
2021 $1,675 $159,500 $75,000 $84,500
2020 $1,652 $157,300 $75,000 $82,300
2019 $1,592 $151,600 $75,000 $76,600
2018 $1,638 $147,300 $75,000 $72,300
2017 $1,615 $153,800 $75,000 $78,800
2016 $1,547 $147,300 $75,000 $72,300
2015 $1,547 $147,300 $75,000 $72,300
2014 $1,547 $147,300 $75,000 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VACK100072

Bright MLS

APN: 0132004000060