Matthew Salway
Iron Valley Real Estate HR
(585) 627-0720
494 Total Sales
19 in Indian River
$192K - $415K Price Range
1308 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $278,000 - $291,996
3
Beds
1.5
Baths
1,140
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Property has 1 Level
About This Home
As of July 2026Welcome to this well-maintained 3-bedroom, 1.5-bathroom home conveniently located in the heart of Chesapeake. Offering a functional layout and thoughtful features, this residence provides comfortable living with easy access to shopping, dining, major highways, and nearby military installations. Inside, you'll find Levolor blinds throughout the home, creating a clean, polished appearance while providing privacy and natural light control. The spacious living areas are designed for everyday comfort, and the well-appointed kitchen offers plenty of space for meal preparation and entertaining. Step outside to enjoy the fully fenced wood backyard. The home also includes two assigned parking spaces for added convenience. Ideally situated near Naval Support Activity Hampton Roads, Norfolk Naval Shipyard, Joint Expeditionary Base Little Creek–Fort Story, and other major employers. Don't miss the opportunity to make this Chesapeake home your next residence. Contact us today for additional information or to schedule a showing.
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Home Details
Home Type
- Single Family
Year Built
- Built in 1959
Lot Details
- 7,492 Sq Ft Lot
- Back Yard Fenced
Parking
- 2 Car Parking Spaces
Home Design
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,140 Sq Ft Home
- Property has 1 Level
- Blinds
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Sparrow Road Intermediate
- Indian River Middle School
- Indian River High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- Norfolk Highlands Subdivision
Listing and Financial Details
- 12 Month Lease Term
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2023
Sold by
Bought by
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
$240,562
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 18, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 5, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Indian River, VA
-
Matthew Salway
-
Eric Hovik
Eric Hovik
RE/MAX Alliance
(757) 797-9466
114 Total Sales
2 in Indian River
$208K - $400K Price Range
-
Amy Lovejoy
Amy Lovejoy
EXP Realty LLC
(757) 347-8266
32 Total Sales
1 in Indian River
$224,000 Price
-
Allison Samson
Allison Samson
Broadsight Realty
(380) 201-9891
62 Total Sales
2 in Indian River
$340K - $343K Price Range
-
Randy Walker
Randy Walker
COVA Home Realty
(757) 350-8830
75 Total Sales
2 in Indian River
$175K - $200K Price Range
-
Debbie Gutekunst
Debbie Gutekunst
Iron Valley Real Estate HR
(757) 703-7166
55 Total Sales
4 in Indian River
$276K - $325K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $245,000 | None Listed On Document | ||
| $170,000 | Amtrust Title | ||
| $120,000 | Apex Title & Stlmnt Svc Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $253,062 | ||
| Closed | $240,562 | ||
| Previous Owner | $166,920 | ||
| Previous Owner | $140,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2026 07/24/26 | Rented | $2,095 | 0.0% | -- |
| 07/14/2026 07/14/26 | For Rent | $2,095 | -- | -- |
Source: Real Estate Information Network (REIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,616 | $259,000 | $115,000 | $144,000 |
| 2024 | $2,451 | $242,700 | $105,000 | $137,700 |
| 2023 | $2,072 | $223,000 | $100,000 | $123,000 |
| 2022 | $2,083 | $206,200 | $95,000 | $111,200 |
| 2021 | $1,869 | $178,000 | $80,000 | $98,000 |
| 2020 | $1,842 | $175,400 | $80,000 | $95,400 |
| 2019 | $1,624 | $154,700 | $80,000 | $74,700 |
| 2018 | $1,626 | $150,500 | $80,000 | $70,500 |
| 2017 | $1,596 | $152,000 | $80,000 | $72,000 |
| 2016 | $1,596 | $152,000 | $80,000 | $72,000 |
| 2015 | $1,580 | $150,500 | $80,000 | $70,500 |
| 2014 | $1,580 | $150,500 | $80,000 | $70,500 |
Source: Public Records
Agents Affiliated with this Home
-
RuthAnn Fields
R
Landlord's Agent in 2026
RuthAnn Fields
Osprey Property Managment Inc
(757) 217-0924
3 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10644260
APN: 0201001004630
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