1612 Prospect Dr Chesapeake, VA 23322
Pleasant Grove East NeighborhoodEstimated Value: $487,000 - $591,000
4
Beds
3
Baths
2,107
Sq Ft
$250/Sq Ft
Est. Value
About This Home
This home is located at 1612 Prospect Dr, Chesapeake, VA 23322 and is currently estimated at $527,636, approximately $250 per square foot. 1612 Prospect Dr is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 25, 2005
Sold by
Ruby Daniel E
Bought by
Mcgrath Christohper M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,170
Outstanding Balance
$144,661
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$382,975
Purchase Details
Closed on
Nov 3, 2003
Sold by
Moore Tommy E
Bought by
Ruby Daniel E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.67%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgrath Christohper M | $286,000 | -- | |
| Ruby Daniel E | $244,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgrath Christohper M | $282,170 | |
| Previous Owner | Ruby Daniel E | $192,000 |
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 | $4,249 | $451,000 | $185,000 | $266,000 |
| 2024 | $4,249 | $420,700 | $185,000 | $235,700 |
| 2023 | $3,879 | $417,100 | $175,000 | $242,100 |
| 2022 | $3,921 | $388,200 | $150,000 | $238,200 |
| 2021 | $3,460 | $329,500 | $130,000 | $199,500 |
| 2020 | $3,405 | $324,300 | $120,000 | $204,300 |
| 2019 | $3,405 | $324,300 | $120,000 | $204,300 |
| 2018 | $3,292 | $313,500 | $120,000 | $193,500 |
| 2017 | $3,292 | $313,500 | $120,000 | $193,500 |
| 2016 | $3,252 | $309,700 | $120,000 | $189,700 |
| 2015 | $3,251 | $309,600 | $120,000 | $189,600 |
| 2014 | $3,161 | $301,000 | $120,000 | $181,000 |
Source: Public Records
Map
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