1325 New Mill Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $464,000 - $485,000
3
Beds
3
Baths
2,034
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 1325 New Mill Dr, Chesapeake, VA 23322 and is currently estimated at $470,679, approximately $231 per square foot. 1325 New Mill Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Hugo A. Owens Middle, and Grassfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2016
Sold by
New Mill Family Trust
Bought by
Allen James W and Allen Ronald L
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
$130,118
Outstanding Balance
$103,940
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$366,739
Purchase Details
Closed on
Feb 26, 2007
Sold by
Allen James W
Bought by
Hamar Michael B
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allen James W | $136,967 | Sun Title Inc | |
| Hamar Michael B | $94,684 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allen James W | $130,118 |
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 | $4,124 | $429,800 | $160,000 | $269,800 |
| 2024 | $4,124 | $408,300 | $150,000 | $258,300 |
| 2023 | $3,486 | $366,400 | $140,000 | $226,400 |
| 2022 | $3,523 | $348,800 | $130,000 | $218,800 |
| 2021 | $3,198 | $304,600 | $120,000 | $184,600 |
| 2020 | $2,965 | $282,400 | $120,000 | $162,400 |
| 2019 | $2,838 | $270,300 | $120,000 | $150,300 |
| 2018 | $2,803 | $267,000 | $115,000 | $152,000 |
| 2017 | $2,706 | $257,700 | $110,000 | $147,700 |
| 2016 | $2,661 | $253,400 | $110,000 | $143,400 |
| 2015 | $2,707 | $257,800 | $100,000 | $157,800 |
| 2014 | $2,631 | $250,600 | $100,000 | $150,600 |
Source: Public Records
Map
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