NOT LISTED FOR SALE

1222 Ormer Rd Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $351,913 - $363,000

3 Beds
2 Baths
1,700 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 1222 Ormer Rd, Chesapeake, VA 23325 and is currently estimated at $357,228, approximately $210 per square foot. 1222 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
Nov 30, 2021
Sold by
Gerdes Ian J
Bought by
Yarmall Jack A and Yarmall Marina H
Current Estimated Value
$357,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$266,831
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$90,397

Purchase Details

Closed on
Feb 26, 2019
Sold by
Weaver Denise L and Weaver Sharon L
Bought by
Gerdes Ian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,203
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Jun 22, 2012
Sold by
Aldridge Richard
Bought by
Weaver Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,910
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Mcneil Charles
Bought by
Aldridge Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,920
Interest Rate
6.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Yarmall Jack A $290,000 Landmark Title Llc
Yarnall Jack A $290,000 Fidelity National Title
Gerdes Ian J $242,000 Attorney
Weaver Denise L $209,900 --
Aldridge Richard $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarnall Jack A $290,000
Closed Yarnall Jack A $290,000
Previous Owner Gerdes Ian J $247,203
Previous Owner Weaver Denise L $188,910
Previous Owner Aldridge Richard $125,920
Source: Public Records

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
2025 $3,230 $349,700 $115,000 $234,700
2024 $3,230 $319,800 $105,000 $214,800
2023 $2,668 $288,600 $95,000 $193,600
2022 $2,634 $260,800 $85,000 $175,800
2021 $2,490 $237,100 $75,000 $162,100
2020 $2,450 $233,300 $75,000 $158,300
2019 $2,187 $208,300 $75,000 $133,300
2018 $2,203 $209,800 $75,000 $134,800
2017 $2,096 $199,600 $70,000 $129,600
2016 $2,096 $199,600 $70,000 $129,600
2015 $2,096 $199,600 $70,000 $129,600
2014 $2,096 $199,600 $70,000 $129,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1222 Ormer Rd, Chesapeake, VA

This home is located at 1222 Ormer Rd, Chesapeake, VA 23325 and is currently estimated at $357,228, approximately $210 per square foot. 1222 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.

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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