Landlord's Agent in 2025
Christopher Olander
Rooted Residential
(757) 500-2412
2 Total Sales
1404 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $208,000 - $332,000
3
Beds
2
Baths
1,639
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Forced Air Heating and Cooling System
- Property has 1 Level
- Government Subsidized Program
- 1 Car Detached Garage
About This Home
As of July 2025Gorgeous fully renovated 3 bedroom 2 bath. This home has be completely updated with LVP flooring through out the home. New kitchen cabinets, countertops and stainless steel appliances. Both bathroom have been updated. Fully fenced backyard and detached garage. Washer and Dryer hook ups. Conveniently located close to Indian River High School, Regent University and the Greenbrier shopping area.Close proximity to interstates, bases, beaches, breweries, shopping, and grocery storesNo Smoking. Pets case by Case. Good Credit (600+), clean rental history, and verifiable income required.
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- 7,492
Parking
- 1 Car Detached Garage
Home Design
- Colonial Architecture
- Asphalt Shingled Roof
Interior Spaces
- Property has 1 Level
- Blinds
- Laminate Flooring
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Sparrow Road Intermediate
- Indian River Middle School
- Indian River High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Back Yard Fenced
- Government Subsidized Program
Community Details
- Norfolk Highlands Subdivision
Listing and Financial Details
- Section 8 Allowed
- 12 Month Lease Term
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2025
Sold by
Lane Cermak Living Trust and Cermak Lane
Bought by
Ole Llc
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
$140,920
Outstanding Balance
$124,337
Interest Rate
6.83%
Mortgage Type
Seller Take Back
Estimated Equity
$159,812
Purchase Details
Closed on
Jun 21, 2021
Sold by
Cermak Lane
Bought by
Cermak Lane and The Lane Cermak Living Trust
Purchase Details
Closed on
Oct 22, 2004
Sold by
Marrero Edris
Bought by
Cermak Lane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2000
Sold by
Johnson Gregory C
Bought by
Marrero Edris H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
8.1%
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 |
|---|---|---|---|
| Ole Llc | $206,700 | Fidelity National Title | |
| Cermak Lane | -- | None Available | |
| Cermak Lane | $182,000 | -- | |
| Marrero Edris H | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ole Llc | $140,920 | |
| Previous Owner | Cermak Lane | $142,400 | |
| Previous Owner | Marrero Edris H | $59,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Rented | $2,400 | 0.0% | -- |
| 07/31/2025 07/31/25 | Off Market | $2,400 | -- | -- |
| 07/24/2025 07/24/25 | For Rent | $2,400 | -- | -- |
Source: Real Estate Information Network (REIN)
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 | $2,715 | $284,600 | $115,000 | $169,600 |
| 2024 | $2,715 | $268,800 | $105,000 | $163,800 |
| 2023 | $2,342 | $252,200 | $100,000 | $152,200 |
| 2022 | $2,348 | $232,500 | $95,000 | $137,500 |
| 2021 | $2,125 | $202,400 | $80,000 | $122,400 |
| 2020 | $2,114 | $201,300 | $80,000 | $121,300 |
| 2019 | $2,105 | $200,500 | $80,000 | $120,500 |
| 2018 | $2,105 | $195,900 | $80,000 | $115,900 |
| 2017 | $2,057 | $195,900 | $80,000 | $115,900 |
| 2016 | $2,057 | $195,900 | $80,000 | $115,900 |
| 2015 | $2,033 | $193,600 | $80,000 | $113,600 |
| 2014 | $2,033 | $193,600 | $80,000 | $113,600 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Olander
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10594500
APN: 0201001006720
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.
The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Copyright 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
REIN updates its listings on a daily basis.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
Some or all of the listings (or listings Data) represented in this application have been enhanced with Data not provided by REIN. The enhancements are as follows: mapping, demographics, and economics. The source of these enhancements are: GreatSchools, CoStar, Google, Walk Score, How Loud, Collateral Analytics, Black Knight, First American, and Quantarium.
This application does not include information on all of the properties available for sale at this time.
Nearby Homes
- 1410 Myrtle Ave
- 1425 Myrtle Ave
- 1209 Sparrow Rd
- 1216 Myrtle Ave
- 1204 Myrtle Ave
- 1203 Myrtle Ave
- Lot Angora Dr
- 1529 Oleander Ave
- 1523 Oleander Ave
- 1701 Willow Ave
- 1116 Elder Ave
- 4328 Fontana Ave
- 837 Providence Rd
- 1998 Angora Dr
- 3300 Rokeby Ave
- 4201 Nautilus Ave
- 1000 Tamer Ave
- 727 Sparrow Rd
- 405 Keith Ct
- 3317 Hornsea Rd
- 1406 Elder Ave
- 1400 Elder Ave
- 1408 Elder Ave
- 1403 Elder Ave
- 1405 Elder Ave
- 1401 Elder Ave
- 1407 Elder Ave
- 1401 Laurel Ave
- 1405 Laurel Ave
- 1403 Laurel Ave
- 1412 Elder Ave
- 1328 Elder Ave
- 1407 Laurel Ave
- 1409 Elder Ave
- 1411 Laurel Ave
- 1414 Elder Ave
- 1337 Laurel Ave
- 1413 Laurel Ave
- 1326 Elder Ave
- 1411 Elder Ave