NOT LISTED FOR SALE

1616 Taft Rd Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $782,000 - $878,000

5 Beds
3 Baths
3,200 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 1616 Taft Rd, Chesapeake, VA 23322 and is currently estimated at $836,799, approximately $261 per square foot. 1616 Taft Rd is a home located in Chesapeake City with nearby schools including Hickory Elementary School, Hickory Middle School, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Verchot Mark
Bought by
Neal Robert T O and Neal Bonnie O
Current Estimated Value
$836,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$606,864
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$229,935

Purchase Details

Closed on
Nov 10, 2021
Sold by
Verchot Mark and Verchot Mark
Bought by
Verchot Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$606,864
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$229,935

Purchase Details

Closed on
Aug 30, 2012
Sold by
Lacher Paul A
Bought by
Verchot Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Cedar Creek Const
Bought by
Lacher Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2002
Sold by
Karl Brian
Bought by
Cedar Creek Const Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,440
Interest Rate
7.05%
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
Neal Robert T O $660,000 Viking Title & Escrow Llc
Verchot Mark -- None Available
Verchot Mark $476,000 --
Lacher Paul $342,000 --
Cedar Creek Const Inc $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Robert T O $660,000
Previous Owner Verchot Mark $380,800
Previous Owner Lacher Paul $272,000
Previous Owner Cedar Creek Const Inc $265,440
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 $7,369 $779,300 $239,600 $539,700
2024 $7,369 $729,600 $219,600 $510,000
2023 $6,620 $738,200 $189,600 $548,600
2022 $6,724 $665,700 $169,600 $496,100
2021 $5,578 $531,200 $154,100 $377,100
2020 $5,325 $507,100 $154,100 $353,000
2019 $5,215 $496,700 $138,300 $358,400
2018 $5,215 $496,700 $138,300 $358,400
2017 $4,843 $461,200 $137,700 $323,500
2016 $4,776 $454,900 $137,700 $317,200
2015 $4,776 $454,900 $137,700 $317,200
2014 $4,776 $454,900 $137,700 $317,200
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

1616 Taft Rd, Chesapeake, VA

This home is located at 1616 Taft Rd, Chesapeake, VA 23322 and is currently estimated at $836,799, approximately $261 per square foot. 1616 Taft Rd is a home located in Chesapeake City with nearby schools including Hickory Elementary School, Hickory Middle School, and Grassfield High School.

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