1318 Ormer Rd Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $269,925 - $280,000
3
Beds
1
Bath
1,224
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 1318 Ormer Rd, Chesapeake, VA 23325 and is currently estimated at $275,481, approximately $225 per square foot. 1318 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
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2023
Sold by
Rook Renee Michelle and Rook Michael Wayne
Bought by
Ward Michael Wayne
Current Estimated Value
Purchase Details
Closed on
May 1, 2019
Sold by
Cornell Michael
Bought by
Ward Michael Wayne and Ward Renee Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,731
Interest Rate
4.62%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ward Michael Wayne | -- | None Listed On Document | |
| Ward Michael Wayne | $174,900 | C L A Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ward Michael Wayne | $6,572 | |
| Open | Ward Michael Wayne | $10,398 | |
| Previous Owner | Ward Michael Wayne | $171,731 |
Source: Public Records
Tax History Compared to Growth
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 | $2,263 | $224,100 | $105,000 | $119,100 |
| 2023 | $1,852 | $201,200 | $95,000 | $106,200 |
| 2022 | $1,827 | $180,900 | $85,000 | $95,900 |
| 2021 | $1,720 | $163,800 | $75,000 | $88,800 |
| 2020 | $1,719 | $163,700 | $75,000 | $88,700 |
| 2019 | $1,703 | $162,200 | $75,000 | $87,200 |
| 2018 | $1,697 | $158,300 | $75,000 | $83,300 |
| 2017 | $1,662 | $158,300 | $75,000 | $83,300 |
| 2016 | $1,662 | $158,300 | $75,000 | $83,300 |
| 2015 | $1,247 | $158,300 | $75,000 | $83,300 |
| 2014 | $1,662 | $158,300 | $75,000 | $83,300 |
Source: Public Records
Map
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