NOT LISTED FOR SALE

1516 Bankbury Way Chesapeake, VA 23322

Edinburgh Neighborhood

Estimated Value: $1,589,000 - $1,761,000

5 Beds
4 Baths
5,196 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 1516 Bankbury Way, Chesapeake, VA 23322 and is currently estimated at $1,653,658, approximately $318 per square foot. 1516 Bankbury Way is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2008
Sold by
The Walters Co
Bought by
Barone Robert
Current Estimated Value
$1,653,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Barone Robert $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Marlene $618,000
Closed Barone Robert $642,000
Previous Owner The Walters Company Inc $245,000
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 $15,227 $1,507,600 $260,000 $1,247,600
2023 $13,013 $1,386,700 $240,000 $1,146,700
2022 $13,876 $1,373,900 $240,000 $1,133,900
2021 $10,294 $980,400 $225,000 $755,400
2020 $10,263 $977,400 $225,000 $752,400
2019 $9,843 $937,400 $185,000 $752,400
2018 $9,528 $907,500 $185,000 $722,500
2017 $9,263 $882,200 $175,000 $707,200
2016 $9,117 $868,300 $175,000 $693,300
2015 $9,624 $916,600 $175,000 $741,600
2014 $9,262 $882,100 $175,000 $707,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Edinburgh

1516 Bankbury Way, Chesapeake, VA

This home is located at 1516 Bankbury Way, Chesapeake, VA 23322 and is currently estimated at $1,653,658, approximately $318 per square foot. 1516 Bankbury Way is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

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