NOT LISTED FOR SALE

1511 Elder Ave Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $318,000 - $337,184

4 Beds
2 Baths
1,512 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 1511 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $329,046, approximately $217 per square foot. 1511 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
Feb 15, 2022
Sold by
Luxe Investment Group Llc
Bought by
Watters Jonathan Lynn and Watters Alana Khadeejah
Current Estimated Value
$333,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,689
Outstanding Balance
$308,098
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$23,889

Purchase Details

Closed on
Nov 26, 2021
Sold by
Lepley Richard A and Lepley Gina L
Bought by
Luxe Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2006
Sold by
Greene Joseph E
Bought by
Lepley Ricahrd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,123
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Watters Jonathan Lynn $321,300 First American Title
Luxe Investment Group Llc $190,000 Attorney
Lepley Ricahrd A $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watters Jonathan Lynn $328,689
Previous Owner Luxe Investment Group Llc $210,000
Previous Owner Lepley Ricahrd A $218,123
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
2024 $2,983 $295,300 $110,000 $185,300
2023 $2,579 $292,000 $105,000 $187,000
2022 $2,702 $267,500 $100,000 $167,500
2021 $1,965 $187,100 $85,000 $102,100
2020 $1,956 $186,300 $85,000 $101,300
2019 $1,930 $183,800 $85,000 $98,800
2018 $1,877 $173,100 $80,000 $93,100
2017 $1,838 $175,000 $80,000 $95,000
2016 $1,838 $175,000 $80,000 $95,000
2015 $1,818 $173,100 $80,000 $93,100
2014 $1,818 $173,100 $80,000 $93,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1511 Elder Ave, Chesapeake, VA

This home is located at 1511 Elder Ave, Chesapeake, VA 23325 and is currently estimated at $329,046, approximately $217 per square foot. 1511 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.

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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