NOT LISTED FOR SALE

1507 Freeman Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $316,000 - $372,000

4 Beds
2 Baths
1,543 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 1507 Freeman Ave, Chesapeake, VA 23324 and is currently estimated at $346,565, approximately $224 per square foot. 1507 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
Oct 20, 2022
Sold by
Javai Investments Llc
Bought by
Rue Brooke L and Rue Austin
Current Estimated Value
$346,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,487
Outstanding Balance
$324,717
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$21,848

Purchase Details

Closed on
Aug 4, 2022
Sold by
Jones Gary R
Bought by
Javai Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 21, 2010
Sold by
Burger Theodore R
Bought by
Jones Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,509
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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
Rue Brooke L $329,900 --
Rue Brooke L $329,900 None Listed On Document
Javai Investments Llc $185,000 Old Republic National Title
Javai Investments Llc $185,000 Old Republic National Title
Jones Gary R $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rue Brooke L $337,487
Closed Rue Brooke L $337,487
Previous Owner Javai Investments Llc $188,000
Previous Owner Jones Gary R $177,509
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 $2,934 $312,100 $100,000 $212,100
2024 $2,934 $290,500 $90,000 $200,500
2023 $2,189 $251,900 $80,000 $171,900
2022 $2,122 $210,100 $70,000 $140,100
2021 $1,968 $187,400 $65,000 $122,400
2020 $1,883 $179,300 $65,000 $114,300
2019 $1,883 $179,300 $65,000 $114,300
2018 $1,838 $175,100 $65,000 $110,100
2017 $1,815 $172,900 $65,000 $107,900
2016 $1,815 $172,900 $65,000 $107,900
2015 $1,815 $172,900 $65,000 $107,900
2014 $1,815 $172,900 $65,000 $107,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1507 Freeman Ave, Chesapeake, VA

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