NOT LISTED FOR SALE

1501 Freeman Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $297,000 - $318,000

3 Beds
1 Bath
1,373 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 1501 Freeman Ave, Chesapeake, VA 23324 and is currently estimated at $308,202, approximately $224 per square foot. 1501 Freeman Ave is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Allen Jennifer Allen and Allen Shannon Ray
Bought by
Sanchez Alexander
Current Estimated Value
$308,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,520
Outstanding Balance
$225,753
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$82,449

Purchase Details

Closed on
Mar 2, 2017
Sold by
Allen Jennifer
Bought by
Allen Shannon Ray and Allen Jennifer Lassiter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,024
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2017
Sold by
Bromley Lawrence W
Bought by
Allen Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,024
Interest Rate
4.4%
Mortgage Type
FHA
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Sanchez Alexander $240,000 Attorney
Allen Shannon Ray -- None Available
Allen Jennifer $147,700 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Alexander $245,520
Previous Owner Allen Jennifer $145,024
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 $2,664 $284,700 $100,000 $184,700
2024 $2,664 $263,800 $90,000 $173,800
2023 $2,049 $223,700 $80,000 $143,700
2022 $2,157 $213,600 $70,000 $143,600
2021 $1,623 $154,600 $65,000 $89,600
2020 $1,566 $149,100 $65,000 $84,100
2019 $1,586 $151,000 $65,000 $86,000
2018 $1,370 $130,500 $65,000 $65,500
2017 $1,357 $129,200 $65,000 $64,200
2016 $1,357 $129,200 $65,000 $64,200
2015 $1,357 $129,200 $65,000 $64,200
2014 $1,357 $129,200 $65,000 $64,200
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1501 Freeman Ave, Chesapeake, VA

Not Listed for Sale

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