NOT LISTED FOR SALE

1512 Chestnut Ave Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $345,000 - $356,000

4 Beds
3 Baths
1,536 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 1512 Chestnut Ave, Chesapeake, VA 23325 and is currently estimated at $352,268, approximately $229 per square foot. 1512 Chestnut 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
Jul 14, 2022
Sold by
Gilbert Derrick M and Gilbert Michelle N
Bought by
Simmons Calvin P
Current Estimated Value
$352,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$304,444
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
$47,824

Purchase Details

Closed on
May 27, 2011
Sold by
Sprull Weston A
Bought by
Gilbert Derrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,493
Interest Rate
4.81%
Mortgage Type
VA

Purchase Details

Closed on
Aug 2, 2004
Sold by
Connolly Charles
Bought by
Spruill Weston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,668
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2003
Sold by
Grant Thomas Irving
Bought by
Connolly Charles T
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
Simmons Calvin P $320,000 Fidelity National Title
Simmons Calvin P $320,000 Fidelity National Title
Gilbert Derrick M $209,000 --
Spruill Weston $165,000 --
Connolly Charles T $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Calvin P $320,000
Closed Simmons Calvin P $320,000
Previous Owner Gilbert Derrick M $213,493
Previous Owner Spruill Weston $163,668
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 $3,005 $314,500 $115,000 $199,500
2024 $3,005 $297,500 $105,000 $192,500
2023 $2,586 $278,000 $100,000 $178,000
2022 $2,602 $257,600 $95,000 $162,600
2021 $2,331 $222,000 $80,000 $142,000
2020 $2,197 $209,200 $80,000 $129,200
2019 $2,158 $205,500 $80,000 $125,500
2018 $2,158 $200,700 $80,000 $120,700
2017 $2,107 $200,700 $80,000 $120,700
2016 $2,107 $200,700 $80,000 $120,700
2015 $2,081 $198,200 $80,000 $118,200
2014 $2,081 $198,200 $80,000 $118,200
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1512 Chestnut Ave, Chesapeake, VA

This home is located at 1512 Chestnut Ave, Chesapeake, VA 23325 and is currently estimated at $352,268, approximately $229 per square foot. 1512 Chestnut 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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