NOT LISTED FOR SALE

1701 S Military Hwy Chesapeake, VA 23320

Indian River Neighborhood

Estimated Value: $8,774,811

-- Bed
-- Bath
26,084 Sq Ft
$336/Sq Ft Est. Value

About This Home

This home is located at 1701 S Military Hwy, Chesapeake, VA 23320 and is currently estimated at $8,774,811, approximately $336 per square foot. 1701 S Military Hwy 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
Jun 12, 2023
Sold by
Ellmer Properties Greenbrier Ii Llc
Bought by
Lithia Va Real Estate Llc
Current Estimated Value
$8,774,811

Purchase Details

Closed on
Oct 25, 2011
Sold by
Riddle Acura Properties Llc
Bought by
Elmer Props Greenbrier Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
4.11%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lithia Va Real Estate Llc $8,000,000 Fidelity National Title
Lithia Va Real Estate Llc $8,000,000 Fidelity National Title
Elmer Props Greenbrier Ii Llc $3,729,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elmer Props Greenbrier Ii Llc $3,800,000
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 $78,571 $7,776,800 $2,796,000 $4,980,800
2024 $78,571 $7,779,300 $2,796,000 $4,983,300
2023 $64,231 $6,632,300 $2,796,000 $3,836,300
2022 $63,990 $6,335,600 $2,330,000 $4,005,600
2021 $61,957 $5,900,700 $2,330,000 $3,570,700
2020 $62,567 $5,958,800 $2,330,000 $3,628,800
2019 $61,620 $5,868,600 $2,330,000 $3,538,600
2018 $58,132 $3,962,500 $1,076,000 $2,886,500
2017 $53,259 $5,072,300 $2,097,000 $2,975,300
2016 $43,951 $4,185,800 $1,210,500 $2,975,300
2015 $41,606 $3,962,500 $1,076,000 $2,886,500
2014 $38,507 $3,667,300 $1,076,000 $2,591,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23320 Indian River

1701 S Military Hwy, Chesapeake, VA

This home is located at 1701 S Military Hwy, Chesapeake, VA 23320 and is currently estimated at $8,774,811, approximately $336 per square foot. 1701 S Military Hwy is a home located in Chesapeake City with nearby schools including Georgetown Primary School, Sparrow Road Intermediate School, and Indian River Middle.

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.

Nearby Homes