NOT LISTED FOR SALE

1337 Commerce Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $276,000 - $341,188

3 Beds
1 Bath
1,406 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 1337 Commerce Ave, Chesapeake, VA 23324 and is currently estimated at $314,047, approximately $223 per square foot. 1337 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
Aug 23, 2024
Sold by
Habitat For Humanity Of South Hampton Ro
Bought by
Mcinnis Crystal
Current Estimated Value
$314,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,490
Outstanding Balance
$276,363
Interest Rate
7.7%
Estimated Equity
$37,684

Purchase Details

Closed on
Sep 7, 2023
Sold by
Chesapeake Land Bank Authority
Bought by
Habitat For Humanity Of South Hampton Roads

Purchase Details

Closed on
Dec 31, 2021
Sold by
Chesapeake Redevelopment And Housing Aut
Bought by
Chesapeake Land Bank Authority

Purchase Details

Closed on
Feb 16, 2012
Sold by
Chesapeake Redevelopment And H
Bought by
Chesapeake Home Inc

Purchase Details

Closed on
Mar 14, 2011
Sold by
Sbc Bank Usa Na Tr
Bought by
Chesapeake Redev And Hsng Auth

Purchase Details

Closed on
Mar 26, 2010
Sold by
Nectar Projects Inc and Jenkins Regina
Bought by
Hsbc Bank Usa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mcinnis Crystal $317,000 First American Title Insurance
Mcinnis Crystal $317,000 First American Title Insurance
Habitat For Humanity Of South Hampton Roads $45,000 First American Title Insurance
Chesapeake Land Bank Authority -- First American Title
Chesapeake Home Inc $35,600 --
Chesapeake Redev And Hsng Auth $27,000 --
Hsbc Bank Usa $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcinnis Crystal $279,490
Closed Mcinnis Crystal $279,490
Closed Mcinnis Crystal $279,490
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
2025 $2,395 $313,700 $90,000 $223,700
2024 $2,395 $237,100 $90,000 $147,100
2023 -- $80,000 $80,000 $0
2022 -- $65,000 $65,000 $0
2020 $0 $60,000 $60,000 $0
2019 $630 $60,000 $60,000 $0
2018 $630 $60,000 $60,000 $0
2017 $535 $58,000 $58,000 $0
2016 $609 $58,000 $58,000 $0
2015 -- $58,000 $58,000 $0
2014 -- $58,000 $58,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1337 Commerce Ave, Chesapeake, VA

Not Listed for Sale

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