1616 Taft Rd Chesapeake, VA 23322
Pleasant Grove West NeighborhoodEstimated Value: $767,000 - $875,000
5
Beds
3
Baths
3,200
Sq Ft
$256/Sq Ft
Est. Value
About This Home
This home is located at 1616 Taft Rd, Chesapeake, VA 23322 and is currently estimated at $820,793, approximately $256 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
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
$213,929
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
$213,929
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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