NOT LISTED FOR SALE

1223 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $281,000 - $301,000

3 Beds
3 Baths
1,500 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 1223 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $290,741, approximately $193 per square foot. 1223 Commerce Ave is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Bonini Hayley R and Bonini Laura E
Bought by
Brown Javane
Current Estimated Value
$290,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,060
Outstanding Balance
$205,090
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$85,651

Purchase Details

Closed on
Jan 17, 2017
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Bonini Hayley R and Bonini Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,181
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2016
Sold by
Professional Foreclosure Corporation Of
Bought by
The Secretary Of Veterans Affairs An Off

Purchase Details

Closed on
Jun 9, 2010
Sold by
D & B Properties Inc
Bought by
Hecker Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,350
Interest Rate
5.11%
Mortgage Type
VA

Purchase Details

Closed on
Sep 13, 2005
Sold by
Thompson Amanda L
Bought by
K And V Builders Inc
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
Brown Javane $220,000 Rocket Title Inc
Bonini Hayley R $102,031 Sage Title Llc
The Secretary Of Veterans Affairs An Off $130,000 None Available
Hecker Nicole $157,000 --
K And V Builders Inc $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Javane $225,060
Previous Owner Bonini Hayley R $100,181
Previous Owner Hecker Nicole M $164,786
Previous Owner Hecker Nicole $160,350
Previous Owner King Leslie E $192,650
Previous Owner King Leslie E $183,767
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 $2,413 $248,500 $75,000 $173,500
2024 $2,413 $238,900 $75,000 $163,900
2023 $1,965 $214,600 $65,000 $149,600
2022 $1,944 $192,500 $50,000 $142,500
2021 $1,805 $171,900 $45,000 $126,900
2020 $1,731 $164,900 $45,000 $119,900
2019 $1,731 $164,900 $45,000 $119,900
2018 $1,585 $151,000 $45,000 $106,000
2017 $1,553 $147,900 $45,000 $102,900
2016 $1,553 $147,900 $45,000 $102,900
2015 $1,553 $147,900 $45,000 $102,900
2014 $1,553 $147,900 $45,000 $102,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1223 Commerce Ave, Chesapeake, VA

This home is located at 1223 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $290,741, approximately $193 per square foot. 1223 Commerce Ave is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

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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