NOT LISTED FOR SALE

1518 Elm Ave Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $320,649 - $331,000

3 Beds
2 Baths
1,740 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 1518 Elm Ave, Chesapeake, VA 23325 and is currently estimated at $325,912, approximately $187 per square foot. 1518 Elm Ave is a home located in Chesapeake City with nearby schools including Georgetown Primary School, Sparrow Road Intermediate School, and Indian River Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2018
Sold by
Bighouse Investments Inc
Bought by
Johnson Nicole M
Current Estimated Value
$325,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,916
Outstanding Balance
$194,153
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$141,828

Purchase Details

Closed on
Mar 7, 2018
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Bighouse Investments Inc A Virginia Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2017
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
The Secretary Of Veterans Affairs An Off

Purchase Details

Closed on
Jan 17, 2008
Sold by
Brown Dawne
Bought by
Vaughan Demarcus M

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
5.9%
Mortgage Type
VA

Purchase Details

Closed on
Nov 19, 2004
Sold by
Elm Land Trust
Bought by
Jones Felix E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.74%
Mortgage Type
New Conventional
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
Johnson Nicole M $219,900 Attorney
Bighouse Investments Inc A Virginia Corp $143,877 Attorney
The Secretary Of Veterans Affairs An Off $165,578 None Available
Vaughan Demarcus M $210,000 --
Jones Felix E $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Nicole M $215,916
Previous Owner Bighouse Investments Inc A Virginia Corp $175,000
Previous Owner Vaughan Demarcus M $219,400
Previous Owner Vaughan Demarcus M $210,000
Previous Owner Jones Felix E $166,500
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 $2,864 $299,500 $115,000 $184,500
2024 $2,864 $283,600 $105,000 $178,600
2023 $2,478 $267,000 $100,000 $167,000
2022 $2,480 $245,500 $95,000 $150,500
2021 $2,258 $215,000 $80,000 $135,000
2020 $2,233 $212,700 $80,000 $132,700
2019 $2,235 $212,900 $80,000 $132,900
2018 $2,222 $203,600 $80,000 $123,600
2017 $2,163 $206,000 $80,000 $126,000
2016 $2,163 $206,000 $80,000 $126,000
2015 $2,138 $203,600 $80,000 $123,600
2014 $2,138 $203,600 $80,000 $123,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1518 Elm Ave, Chesapeake, VA

This home is located at 1518 Elm Ave, Chesapeake, VA 23325 and is currently estimated at $325,912, approximately $187 per square foot. 1518 Elm Ave is a home located in Chesapeake City with nearby schools including Georgetown 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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