NOT LISTED FOR SALE

Estimated Value: $695,885

4 Beds
3 Baths
2,831 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 1516 Head of River Rd, Chesapeake, VA 23322 and is currently estimated at $695,885, approximately $245 per square foot. 1516 Head of River Rd 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
Sep 14, 2020
Sold by
Nicoll Geoffrey R and Nicoll Kristen M
Bought by
Richardson Paul A and Richardson Andrea M
Current Estimated Value
$695,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$456,923
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$238,962

Purchase Details

Closed on
Jul 6, 2017
Sold by
Barr Glenn A and Barr Stephanie
Bought by
Nicoll Geoffrey R and Nicoll Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,075
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 1998
Sold by
R M Cash Constr Corp
Bought by
Barr Glenn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Richardson Paul A $510,000 Rocket Title Inc
Nicoll Geoffrey R $440,000 Real Est Security Agency Llc
Barr Glenn A $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Paul A $510,000
Previous Owner Nicoll Geoffrey R $411,075
Previous Owner Barr Glenn A $179,089
Previous Owner Barr Glenn A $195,000
Previous Owner Barr Glenn A $151,920
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 $2,301 $640,900 $215,000 $425,900
2023 $2,301 $645,300 $185,000 $460,300
2022 $2,301 $586,100 $165,000 $421,100
2021 $2,301 $482,600 $150,000 $332,600
2020 $4,602 $438,300 $152,200 $286,100
2019 $4,492 $427,800 $136,800 $291,000
2018 $4,364 $415,600 $136,800 $278,800
2017 $4,023 $383,100 $136,500 $246,600
2016 $4,023 $383,100 $136,500 $246,600
2015 $3,899 $371,300 $136,500 $234,800
2014 $3,899 $371,300 $136,500 $234,800
Source: Public Records

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