1304 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $330,000 - $346,048
3
Beds
2
Baths
1,356
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 1304 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $341,012, approximately $251 per square foot. 1304 Elder Ave 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
Dec 9, 2020
Sold by
Burroughs Jason W and Burroughs Kelly
Bought by
Muhly Robert Edward and Walker Breeann Hope
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,340
Outstanding Balance
$225,058
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$115,954
Purchase Details
Closed on
Feb 18, 2011
Sold by
Dixon Derek
Bought by
Burroughs Jason W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,544
Interest Rate
4.75%
Mortgage Type
VA
Purchase Details
Closed on
Dec 23, 2004
Sold by
Cotterell Dewey
Bought by
Burroughs Amber
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,650
Interest Rate
5.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2004
Sold by
Johnson Craig
Bought by
Cotterell Dewey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.99%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muhly Robert Edward | $248,000 | Navy Federal Title Svcs Llc | |
| Burroughs Jason W | $231,000 | -- | |
| Burroughs Amber | $113,500 | -- | |
| Cotterell Dewey | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muhly Robert Edward | $252,340 | |
| Previous Owner | Burroughs Jason W | $236,544 | |
| Previous Owner | Burroughs Amber | $111,650 | |
| Previous Owner | Cotterell Dewey | $80,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,984 | $312,200 | $115,000 | $197,200 |
| 2024 | $2,984 | $295,400 | $105,000 | $190,400 |
| 2023 | $2,727 | $293,700 | $100,000 | $193,700 |
| 2022 | $2,739 | $271,200 | $95,000 | $176,200 |
| 2021 | $2,464 | $234,700 | $80,000 | $154,700 |
| 2020 | $2,184 | $208,000 | $80,000 | $128,000 |
| 2019 | $2,200 | $209,500 | $80,000 | $129,500 |
| 2018 | $2,200 | $202,000 | $80,000 | $122,000 |
| 2017 | $2,147 | $204,500 | $80,000 | $124,500 |
| 2016 | $2,147 | $204,500 | $80,000 | $124,500 |
| 2015 | $2,121 | $202,000 | $80,000 | $122,000 |
| 2014 | $2,121 | $202,000 | $80,000 | $122,000 |
Source: Public Records
Map
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