NOT LISTED FOR SALE

1311 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $366,000 - $392,000

4 Beds
3 Baths
2,132 Sq Ft
$177/Sq Ft Est. Value

About This Home

This home is located at 1311 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $378,150, approximately $177 per square foot. 1311 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 29, 2020
Sold by
F & W Builders Inc
Bought by
Watson Sierra M
Current Estimated Value
$373,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,325
Outstanding Balance
$253,034
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$118,780

Purchase Details

Closed on
Oct 3, 2014
Sold by
Falk Christopher H and Williams Keith A
Bought by
F And W Builders Inc

Purchase Details

Closed on
May 13, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Falk Christopher H
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
Watson Sierra M $275,000 Attorney
F And W Builders Inc -- --
Falk Christopher H $37,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Sierra M $281,325
Previous Owner F And W Builders Inc $150,000
Previous Owner Falk Christopher H $68,000
Previous Owner Rein Walter M $137,500
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 $3,520 $348,500 $85,000 $263,500
2023 $2,963 $317,500 $75,000 $242,500
2022 $2,957 $292,800 $60,000 $232,800
2021 $2,730 $260,000 $55,000 $205,000
2020 $1,240 $118,100 $55,000 $63,100
2019 $1,532 $145,900 $55,000 $90,900
2018 $1,353 $128,900 $55,000 $73,900
2017 $1,330 $126,700 $55,000 $71,700
2016 $1,330 $126,700 $55,000 $71,700
2015 $1,330 $126,700 $55,000 $71,700
2014 $1,330 $126,700 $55,000 $71,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1311 Commerce Ave, Chesapeake, VA

This home is located at 1311 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $378,150, approximately $177 per square foot. 1311 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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