NOT LISTED FOR SALE

1308 Ormer Rd Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $305,000 - $353,000

4 Beds
2 Baths
1,331 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 1308 Ormer Rd, Chesapeake, VA 23325 and is currently estimated at $331,418, approximately $248 per square foot. 1308 Ormer Rd 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

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
Feb 11, 2025
Sold by
Bought by
Current Estimated Value
$331,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,095
Outstanding Balance
$318,193
Interest Rate
6.91%
Mortgage Type
FHA
Estimated Equity
$13,225

Purchase Details

Closed on
Feb 28, 2023
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
$306,898
Interest Rate
6.13%
Mortgage Type
VA

Purchase Details

Closed on
Nov 15, 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
$131,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

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.

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First American

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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.

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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

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
$326,000 Fidelity National Title
$326,000 Fidelity National Title
$299,999 Fidelity National Title
$72,000 Attorney
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 $320,095
Closed $320,095
Previous Owner $306,898
Previous Owner $131,000
Source: Public Records

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 $3,176 $314,500 $115,000 $199,500
2024 $2,888 $285,900 $105,000 $180,900
2023 $2,585 $255,900 $95,000 $160,900
2022 $2,309 $228,600 $85,000 $143,600
2021 $2,191 $208,700 $75,000 $133,700
2020 $1,995 $190,000 $75,000 $115,000
2019 $1,789 $170,400 $75,000 $95,400
2018 $1,736 $161,800 $75,000 $86,800
2017 $1,699 $161,800 $75,000 $86,800
2016 $1,699 $161,800 $75,000 $86,800
2015 $1,699 $161,800 $75,000 $86,800
2014 $1,699 $161,800 $75,000 $86,800
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1308 Ormer Rd, Chesapeake, VA

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.

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