NOT LISTED FOR SALE

1241 Fernham Ln Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $478,086 - $515,000

4 Beds
2 Baths
1,630 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 1241 Fernham Ln, Chesapeake, VA 23322 and is currently estimated at $492,022, approximately $301 per square foot. 1241 Fernham Ln is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2016
Sold by
Lotts Colten R and Lotts Elizabeth K
Bought by
Hess Justin A and Hess Rachel J
Current Estimated Value
$492,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$248,149
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$243,873

Purchase Details

Closed on
Aug 15, 2013
Sold by
Wyrick Stephen E
Bought by
Lotts Colten R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hess Justin A $310,000 Attorney
Lotts Colten R $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Justin A $304,385
Previous Owner Lotts Colten R $225,834
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 $4,198 $428,000 $185,000 $243,000
2024 $4,198 $415,600 $185,000 $230,600
2023 $3,655 $400,100 $175,000 $225,100
2022 $3,649 $361,300 $150,000 $211,300
2021 $3,281 $312,500 $135,000 $177,500
2020 $3,185 $303,300 $125,000 $178,300
2019 $3,185 $303,300 $125,000 $178,300
2018 $3,096 $294,900 $125,000 $169,900
2017 $3,005 $286,200 $125,000 $161,200
2016 $2,851 $271,500 $115,000 $156,500
2015 $2,746 $261,500 $105,000 $156,500
2014 $2,699 $257,000 $105,000 $152,000
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

1241 Fernham Ln, Chesapeake, VA

This home is located at 1241 Fernham Ln, Chesapeake, VA 23322 and is currently estimated at $492,022, approximately $301 per square foot. 1241 Fernham Ln is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High 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.

Nearby Homes