NOT LISTED FOR SALE

1307 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $258,000 - $347,862

-- Bed
-- Bath
1,456 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 1307 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $312,716, approximately $214 per square foot. 1307 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
Mar 27, 2023
Sold by
Jo-El Properties
Bought by
Herd Enterprises Llc
Current Estimated Value
$312,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$225,366
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$83,469

Purchase Details

Closed on
Jun 27, 2000
Sold by
Genesis Inc
Bought by
Joel Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,700
Interest Rate
8.55%
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
Herd Enterprises Llc $300,000 Fidelity National Title
Joel Properties $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herd Enterprises Llc $270,000
Previous Owner Joel Properties $71,700
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
2024 $2,755 $272,800 $82,800 $190,000
2023 $2,271 $224,900 $82,800 $142,100
2022 $2,991 $296,100 $66,000 $230,100
2021 $2,193 $208,900 $66,000 $142,900
2020 $2,144 $204,200 $66,000 $138,200
2019 $2,053 $195,500 $66,000 $129,500
2018 $2,052 $195,500 $66,000 $129,500
2017 $2,017 $192,100 $66,000 $126,100
2016 $2,017 $192,100 $66,000 $126,100
2015 $2,017 $192,100 $66,000 $126,100
2014 $2,017 $192,100 $66,000 $126,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1307 Commerce Ave, Chesapeake, VA

This home is located at 1307 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $312,716, approximately $214 per square foot. 1307 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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