NOT LISTED FOR SALE

1520 Martin Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $367,000 - $406,000

4 Beds
3 Baths
2,080 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 1520 Martin Ave, Chesapeake, VA 23324 and is currently estimated at $384,743, approximately $184 per square foot. 1520 Martin Ave is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
1520 Martin Ave Chesapeake Llc
Bought by
Dela Cruz Caraballo Juan Carlos
Current Estimated Value
$384,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$345,787
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$38,956

Purchase Details

Closed on
May 11, 2023
Sold by
Gorospe Florejos Carl
Bought by
1520 Martin Ave Chesapeake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2023
Sold by
Saldana Lance Eric
Bought by
Gorospe Florejos Carl and Gorospe Carmencita Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2020
Sold by
Sykes Ronnie
Bought by
Somb Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2018
Sold by
Moore Gloria
Bought by
Sykes Ronnie
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
Dela Cruz Caraballo Juan Carlos $350,000 Liberty Title
Dela Cruz Caraballo Juan Carlos $350,000 Liberty Title
1520 Martin Ave Chesapeake Llc -- None Listed On Document
1520 Martin Ave Chesapeake Llc -- None Listed On Document
Gorospe Florejos Carl $327,500 Fidelity National Title
Somb Properties Llc $50,000 Attorney
Sykes Ronnie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Caraballo Juan Carlos $350,000
Closed Dela Cruz Caraballo Juan Carlos $350,000
Previous Owner Gorospe Florejos Carl $262,000
Previous Owner Somb Properties Llc $166,000
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
2025 $3,460 $367,300 $100,000 $267,300
2024 $3,460 $342,600 $90,000 $252,600
2023 $3,193 $316,100 $80,000 $236,100
2022 $2,857 $282,900 $65,000 $217,900
2021 $2,579 $245,600 $55,000 $190,600
2020 $2,522 $240,200 $55,000 $185,200
2019 $53 $5,000 $5,000 $0
2018 $52 $5,000 $5,000 $0
2017 $53 $5,000 $5,000 $0
2016 $53 $5,000 $5,000 $0
2015 $53 $5,000 $5,000 $0
2014 $53 $5,000 $5,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1520 Martin Ave, Chesapeake, VA

This home is located at 1520 Martin Ave, Chesapeake, VA 23324 and is currently estimated at $384,743, approximately $184 per square foot. 1520 Martin Ave is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle School.

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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