1221 New Mill Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $380,000 - $411,000
3
Beds
2
Baths
1,526
Sq Ft
$258/Sq Ft
Est. Value
About This Home
This home is located at 1221 New Mill Dr, Chesapeake, VA 23322 and is currently estimated at $394,359, approximately $258 per square foot. 1221 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
Aug 15, 2000
Sold by
Bearden Shane
Bought by
Smith Sharon
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
$116,462
Interest Rate
8.16%
Purchase Details
Closed on
Sep 25, 1998
Sold by
Dunphy Daniel J
Bought by
Bearden Kenneth S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.87%
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 |
---|---|---|---|
Smith Sharon | $126,000 | -- | |
Bearden Kenneth S | $117,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith Sharon | $180,000 | |
Closed | Smith Sharon R | $40,000 | |
Closed | Smith Sharon | $14,500 | |
Closed | Smith Sharon R | $180,000 | |
Closed | Smith Sharon | $116,462 | |
Previous Owner | Bearden Kenneth S | $116,000 |
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 | $3,505 | $365,700 | $160,000 | $205,700 |
2024 | $3,505 | $347,000 | $150,000 | $197,000 |
2023 | $2,965 | $311,700 | $140,000 | $171,700 |
2022 | $2,990 | $296,000 | $130,000 | $166,000 |
2021 | $2,732 | $260,200 | $120,000 | $140,200 |
2020 | $2,706 | $257,700 | $120,000 | $137,700 |
2019 | $2,650 | $252,400 | $120,000 | $132,400 |
2018 | $2,618 | $249,400 | $115,000 | $134,400 |
2017 | $2,526 | $240,600 | $110,000 | $130,600 |
2016 | $2,486 | $236,800 | $110,000 | $126,800 |
2015 | $2,375 | $226,200 | $100,000 | $126,200 |
2014 | $2,315 | $220,500 | $100,000 | $120,500 |
Source: Public Records
Map
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