1502 Atlantic Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated Value: $332,000 - $344,000
3
Beds
3
Baths
1,698
Sq Ft
$198/Sq Ft
Est. Value
About This Home
This home is located at 1502 Atlantic Ave, Chesapeake, VA 23324 and is currently estimated at $336,900, approximately $198 per square foot. 1502 Atlantic 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
Mar 22, 2023
Sold by
Johnson Jere
Bought by
Garcia Erik
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
$306,900
Outstanding Balance
$297,248
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$39,652
Purchase Details
Closed on
Jul 3, 2017
Sold by
Gamble Foranzo and Gamble Nicole
Bought by
Johnson Jere
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 23, 2006
Sold by
P And A Construction
Bought by
Gamble Foranzo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
6.32%
Mortgage Type
VA
Purchase Details
Closed on
May 9, 2005
Sold by
Carousel Development Corp
Bought by
Bay Shore Builders Inc
Purchase Details
Closed on
Jan 3, 2005
Sold by
Warren Christie
Bought by
Carousel Development Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Erik | $300,000 | Chicago Title | |
| Johnson Jere | $170,000 | Attorney | |
| Gamble Foranzo | $200,000 | -- | |
| Bay Shore Builders Inc | $100,000 | -- | |
| Carousel Development Corp | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Erik | $306,900 | |
| Previous Owner | Johnson Jere | $166,920 | |
| Previous Owner | Gamble Foranzo | $204,300 |
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 | $2,940 | $312,600 | $95,000 | $217,600 |
| 2024 | $2,940 | $291,100 | $85,000 | $206,100 |
| 2023 | $2,403 | $267,500 | $75,000 | $192,500 |
| 2022 | $2,382 | $235,800 | $60,000 | $175,800 |
| 2021 | $2,147 | $204,500 | $50,000 | $154,500 |
| 2020 | $2,078 | $197,900 | $50,000 | $147,900 |
| 2019 | $1,990 | $189,500 | $50,000 | $139,500 |
| 2018 | $1,773 | $173,900 | $55,000 | $118,900 |
| 2017 | $1,369 | $173,900 | $55,000 | $118,900 |
| 2016 | $1,826 | $173,900 | $55,000 | $118,900 |
| 2015 | $1,826 | $173,900 | $55,000 | $118,900 |
| 2014 | $1,852 | $176,400 | $55,000 | $121,400 |
Source: Public Records
Map
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