1220 New Mill Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $416,000 - $428,000
3
Beds
2
Baths
1,526
Sq Ft
$275/Sq Ft
Est. Value
About This Home
This home is located at 1220 New Mill Dr, Chesapeake, VA 23322 and is currently estimated at $419,804, approximately $275 per square foot. 1220 New Mill Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Hugo A. Owens Middle, and Grassfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2018
Sold by
Childress Michael Ray
Bought by
Pinneo Luke W
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
$272,740
Outstanding Balance
$234,838
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$184,966
Purchase Details
Closed on
Mar 25, 2011
Sold by
Smith Teana D
Bought by
Childress 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
$243,564
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 8, 2005
Sold by
Halford Donald L
Bought by
Smith Teana D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.66%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pinneo Luke W | $267,000 | Attorney | |
| Childress Michael R | $249,900 | -- | |
| Smith Teana D | $740,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pinneo Luke W | $272,740 | |
| Previous Owner | Childress Michael R | $243,564 | |
| Previous Owner | Smith Teana D | $192,000 |
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 | $3,507 | $365,900 | $160,000 | $205,900 |
| 2024 | $3,507 | $347,200 | $150,000 | $197,200 |
| 2023 | $2,969 | $312,000 | $140,000 | $172,000 |
| 2022 | $2,994 | $296,400 | $130,000 | $166,400 |
| 2021 | $2,737 | $260,700 | $120,000 | $140,700 |
| 2020 | $2,706 | $257,700 | $120,000 | $137,700 |
| 2019 | $2,651 | $252,500 | $120,000 | $132,500 |
| 2018 | $2,666 | $253,900 | $115,000 | $138,900 |
| 2017 | $2,571 | $244,900 | $110,000 | $134,900 |
| 2016 | $2,531 | $241,000 | $110,000 | $131,000 |
| 2015 | $2,451 | $233,400 | $103,000 | $130,400 |
| 2014 | $2,389 | $227,500 | $103,000 | $124,500 |
Source: Public Records
Map
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