NOT LISTED FOR SALE

1301 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $133,000 - $219,000

3 Beds
1 Bath
966 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 1301 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $176,231, approximately $182 per square foot. 1301 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
Sep 2, 2021
Sold by
Stress Les Llc
Bought by
Prosper-Dwellings Investments Llc
Current Estimated Value
$184,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Outstanding Balance
$67,698
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,533

Purchase Details

Closed on
Oct 30, 2019
Sold by
Ainsley Virginia D
Bought by
Stress Les Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,558
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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
Prosper-Dwellings Investments Llc $93,000 Attorney
Stress Les Llc $85,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prosper-Dwellings Investments Llc $74,400
Previous Owner Stress Les Llc $634,558
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 $1,658 $167,900 $90,000 $77,900
2024 $1,658 $164,200 $90,000 $74,200
2023 $1,495 $148,000 $80,000 $68,000
2022 $1,303 $129,000 $65,000 $64,000
2021 $1,225 $116,700 $60,000 $56,700
2020 $1,198 $114,100 $60,000 $54,100
2019 $1,194 $113,700 $60,000 $53,700
2018 $1,155 $110,000 $60,000 $50,000
2017 $1,139 $108,500 $60,000 $48,500
2016 $1,139 $108,500 $60,000 $48,500
2015 $1,139 $108,500 $60,000 $48,500
2014 $1,139 $108,500 $60,000 $48,500
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1301 Commerce Ave, Chesapeake, VA

Not Listed for Sale

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