1500 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $265,000 - $324,000
2
Beds
2
Baths
1,089
Sq Ft
$268/Sq Ft
Est. Value
About This Home
This home is located at 1500 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $291,592, approximately $267 per square foot. 1500 Elder Ave 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
Dec 19, 2022
Sold by
Home Improvement Specialists Llc
Bought by
Sterr Kenneth John
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
$265,980
Outstanding Balance
$258,187
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$33,405
Purchase Details
Closed on
Jun 16, 2022
Sold by
Black Reef Trust
Bought by
Home Improvement Specialists Llc
Purchase Details
Closed on
Sep 29, 2021
Sold by
Hewitt Morris O
Bought by
Bank Of New York Mellon Trust Company Na and Mortgage Assets Management Series I Trus
Purchase Details
Closed on
Sep 7, 2021
Sold by
Bank Of New York Mellon Trust Company Na
Bought by
Black Reef Trust
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 |
|---|---|---|---|
| Sterr Kenneth John | $260,000 | Old Republic Title | |
| Home Improvement Specialists Llc | $142,000 | Lacey Jennifer | |
| Home Improvement Specialists Llc | $142,000 | Lacey Jennifer | |
| Bank Of New York Mellon Trust Company Na | $194,806 | Servicelink | |
| Hewitt Morris O | -- | -- | |
| Black Reef Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sterr Kenneth John | $265,980 |
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 | $2,497 | $261,800 | $115,000 | $146,800 |
| 2024 | $2,497 | $247,200 | $105,000 | $142,200 |
| 2023 | $1,920 | $242,600 | $100,000 | $142,600 |
| 2022 | $1,801 | $178,300 | $95,000 | $83,300 |
| 2021 | $1,628 | $155,000 | $80,000 | $75,000 |
| 2020 | $979 | $154,300 | $80,000 | $74,300 |
| 2019 | $979 | $157,300 | $80,000 | $77,300 |
| 2018 | $979 | $152,200 | $80,000 | $72,200 |
| 2017 | $979 | $154,300 | $80,000 | $74,300 |
| 2016 | $1,620 | $154,300 | $80,000 | $74,300 |
| 2015 | $979 | $152,800 | $80,000 | $72,800 |
| 2014 | $1,598 | $152,200 | $80,000 | $72,200 |
Source: Public Records
Map
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