1321 Commerce Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated Value: $259,000 - $301,399
3
Beds
2
Baths
1,286
Sq Ft
$218/Sq Ft
Est. Value
About This Home
This home is located at 1321 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $280,850, approximately $218 per square foot. 1321 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
Oct 16, 2015
Sold by
Mcgaha Frank
Bought by
Barnes Shawn J and Barnes Chirita
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
$161,397
Outstanding Balance
$127,158
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$153,692
Purchase Details
Closed on
Feb 18, 2013
Sold by
Secretary Of Veterans Affairs
Bought by
Mcgaha Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,988
Interest Rate
3.54%
Mortgage Type
VA
Purchase Details
Closed on
Sep 21, 2012
Sold by
Wells Fargon Bank Na Tr
Bought by
Secretary Of Veterans Affairs
Purchase Details
Closed on
Sep 14, 2012
Sold by
Hennis Latia D
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Mar 5, 2009
Sold by
Manley Jerry
Bought by
Rock Point Construction Inc
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 |
|---|---|---|---|
| Barnes Shawn J | $158,000 | Sage Title Llc | |
| Mcgaha Frank | $139,000 | -- | |
| Secretary Of Veterans Affairs | $191,836 | -- | |
| Wells Fargo Bank Na | $191,836 | -- | |
| Rock Point Construction Inc | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barnes Shawn J | $161,397 | |
| Previous Owner | Mcgaha Frank | $141,988 |
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 |
|---|---|---|---|---|
| 2025 | $2,578 | $264,600 | $85,000 | $179,600 |
| 2024 | $2,578 | $255,200 | $85,000 | $170,200 |
| 2023 | $2,127 | $230,500 | $75,000 | $155,500 |
| 2022 | $2,110 | $208,900 | $60,000 | $148,900 |
| 2021 | $1,960 | $186,700 | $55,000 | $131,700 |
| 2020 | $1,818 | $173,100 | $55,000 | $118,100 |
| 2019 | $1,818 | $173,100 | $55,000 | $118,100 |
| 2018 | $1,680 | $160,000 | $55,000 | $105,000 |
| 2017 | $1,647 | $156,900 | $55,000 | $101,900 |
| 2016 | $1,647 | $156,900 | $55,000 | $101,900 |
| 2015 | $1,647 | $156,900 | $55,000 | $101,900 |
| 2014 | $1,670 | $159,000 | $55,000 | $104,000 |
Source: Public Records
Map
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