NOT LISTED FOR SALE

1607 Elm Ave Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $271,000 - $315,000

3 Beds
2 Baths
1,112 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 1607 Elm Ave, Chesapeake, VA 23325 and is currently estimated at $294,407, approximately $264 per square foot. 1607 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
May 16, 2000
Sold by
Emc Mtg Corp
Bought by
Mcmillen Richard M
Current Estimated Value
$294,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$15,602
Interest Rate
8.19%
Estimated Equity
$278,805
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Mcmillen Richard M $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillen Richard M $45,000
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 $2,264 $238,200 $115,000 $123,200
2024 $2,264 $224,200 $105,000 $119,200
2023 $1,782 $210,200 $100,000 $110,200
2022 $1,602 $195,900 $95,000 $100,900
2021 $1,424 $170,400 $80,000 $90,400
2020 $1,602 $169,500 $80,000 $89,500
2019 $1,425 $175,300 $80,000 $95,300
2018 $1,425 $171,600 $80,000 $91,600
2017 $1,425 $171,600 $80,000 $91,600
2016 $1,802 $171,600 $80,000 $91,600
2015 $267 $169,700 $80,000 $89,700
2014 $1,782 $169,700 $80,000 $89,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

1607 Elm Ave, Chesapeake, VA

Not Listed for Sale

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