NOT LISTED FOR SALE

1227 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $364,000 - $388,938

4 Beds
3 Baths
2,000 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 1227 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $376,735, approximately $188 per square foot. 1227 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
May 7, 2021
Sold by
Wh Chesapeake Llc
Bought by
Marshall Zaterian C and Sharry Victoria
Current Estimated Value
$376,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,142
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Aug 18, 2020
Sold by
Wethington Willlie M and Wethington Phyllis E
Bought by
Wh Chesapeake Llc
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
Marshall Zaterian C $314,900 Attorney
Wh Chesapeake Llc $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Zeterian C $323,208
Closed Marshall Zaterian C $322,142
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 $3,511 $362,300 $85,000 $277,300
2024 $3,511 $347,600 $85,000 $262,600
2023 $2,957 $318,200 $75,000 $243,200
2022 $2,944 $291,500 $60,000 $231,500
2021 $2,727 $259,700 $55,000 $204,700
2020 $1,337 $127,300 $60,000 $67,300
2019 $1,337 $127,300 $60,000 $67,300
2018 $1,235 $117,600 $60,000 $57,600
2017 $1,217 $115,900 $60,000 $55,900
2016 $1,217 $115,900 $60,000 $55,900
2015 $1,217 $115,900 $60,000 $55,900
2014 $1,217 $115,900 $60,000 $55,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1227 Commerce Ave, Chesapeake, VA

This home is located at 1227 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $376,735, approximately $188 per square foot. 1227 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.

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