NOT LISTED FOR SALE

1314 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $220,000 - $284,000

4 Beds
2 Baths
1,600 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 1314 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $258,433, approximately $161 per square foot. 1314 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
Feb 28, 2011
Sold by
Pennymac Loan Services Llc
Bought by
Sherrod Willie
Current Estimated Value
$262,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Outstanding Balance
$35,730
Interest Rate
4.76%
Mortgage Type
Commercial
Estimated Equity
$197,368

Purchase Details

Closed on
Apr 30, 2007
Sold by
Reass Matthew D
Bought by
Cuttino Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2005
Sold by
Hall Investment Corp
Bought by
Reass Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2005
Sold by
Germano P Michael
Bought by
Hall Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.05%
Mortgage Type
Construction
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
Sherrod Willie $47,500 --
Cuttino Marc $207,500 --
Reass Matthew D $152,500 --
Hall Investment Corp $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrod Willie $50,625
Previous Owner Cuttino Marc $207,500
Previous Owner Reass Matthew D $122,000
Previous Owner Hall Investment Corp $77,600
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 $2,334 $231,100 $90,000 $141,100
2023 $2,118 $209,700 $80,000 $129,700
2022 $1,911 $189,200 $65,000 $124,200
2021 $1,802 $171,600 $60,000 $111,600
2020 $1,746 $166,300 $60,000 $106,300
2019 $1,746 $166,300 $60,000 $106,300
2018 $1,699 $161,800 $60,000 $101,800
2017 $1,667 $158,800 $60,000 $98,800
2016 $1,667 $158,800 $60,000 $98,800
2015 $1,667 $158,800 $60,000 $98,800
2014 $1,667 $158,800 $60,000 $98,800
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1314 Commerce Ave, Chesapeake, VA

This home is located at 1314 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $258,433, approximately $161 per square foot. 1314 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.

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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