NOT LISTED FOR SALE

1502 Atlantic Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $319,000 - $340,000

3 Beds
3 Baths
1,698 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 1502 Atlantic Ave, Chesapeake, VA 23324 and is currently estimated at $329,763, approximately $194 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
$329,763

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
$32,515

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 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 $2,940 $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

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1502 Atlantic Ave, Chesapeake, VA

This home is located at 1502 Atlantic Ave, Chesapeake, VA 23324 and is currently estimated at $329,763, approximately $194 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.

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.

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