1703 Prospect Trace Chesapeake, VA 23322
Pleasant Grove East Neighborhood
4
Beds
2.5
Baths
2,131
Sq Ft
0.34
Acres
Highlights
- In Ground Pool
- View of Trees or Woods
- Traditional Architecture
- Butts Road Intermediate School Rated A-
- Deck
- Cathedral Ceiling
About This Home
As of June 2024Amazing opportunity to own in sought after School House Crossing. Beautiful completely updated 4 bedroom 2 1/2 bath home situated on a quiet cul de sac with large yard and swimming pool. No expense spared custom features throughout the home. Decorator colors, home office, eat in kitchen. Enjoy the gourmet kitchen, spa like primary bathroom & resort worthy back yard. Seller to provide clear termite and moisture letter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,430
Year Built
- Built in 1994
Lot Details
- 0.34 Acre Lot
- Cul-De-Sac
- Privacy Fence
- Wood Fence
- Back Yard Fenced
- Property is zoned R15S
Home Design
- Traditional Architecture
- Farmhouse Style Home
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,131 Sq Ft Home
- 2-Story Property
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Electric Fireplace
- Entrance Foyer
- Home Office
- Utility Closet
- Washer and Dryer Hookup
- Views of Woods
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Outdoor Features
- In Ground Pool
- Balcony
- Deck
- Storage Shed
- Porch
Schools
- Butts Road Primary Elementary School
- Hickory Middle School
- Hickory High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- 220 Volts
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- School House Crossing Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
Jun 25, 2024
Sold by
Torrey Vincent G and Torrey Sydney K
Bought by
Erdner Matthew T and Erdner Melissa
Seller's Agent
Katie Hammer
Wainwright Real Estate
Buyer's Agent
Kris Weaver
Atlantic Sotheby's International Realty
List Price
$599,900
Sold Price
$637,500
Premium/Discount to List
$37,600
6.27%
Total Days on Market
9
Views
134
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,627
Avg. Annual Appreciation
0.61%
Original Mortgage
$510,000
Outstanding Balance
$506,164
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$134,963
Purchase Details
Closed on
Jul 17, 2017
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Torrey Vincent G and Torrey Sydney K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,900
Interest Rate
3.9%
Mortgage Type
VA
Purchase Details
Closed on
Mar 29, 2017
Sold by
Samuel I White Pc A Professional Corpora and Kellogg Thomas M
Bought by
Secretary Of Veterans Affairs An Officer
Purchase Details
Closed on
Jul 29, 2010
Sold by
Rhoads David L
Bought by
Kellogg Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,095
Interest Rate
4.78%
Mortgage Type
VA
Purchase Details
Closed on
Oct 9, 2002
Sold by
Lamb William E
Bought by
Rhoads David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
6.09%
Mortgage Type
FHA
Similar Homes in Chesapeake, VA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $637,500 | Priority Title | |
| Special Warranty Deed | $300,000 | Seashore Title & Settlements | |
| Trustee Deed | $275,263 | None Available | |
| Warranty Deed | $330,000 | -- | |
| Deed | $213,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | VA | |
| Previous Owner | $61,944 | Construction | |
| Previous Owner | $309,900 | VA | |
| Previous Owner | $337,095 | VA | |
| Previous Owner | $335,775 | FHA | |
| Previous Owner | $209,700 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $637,500 | +6.3% | $299 / Sq Ft |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $599,900 | -- | $282 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,463 | $441,900 | $185,000 | $256,900 |
| 2023 | $4,430 | $438,600 | $175,000 | $263,600 |
| 2022 | $4,087 | $404,700 | $150,000 | $254,700 |
| 2021 | $3,626 | $345,300 | $130,000 | $215,300 |
| 2020 | $3,556 | $338,700 | $120,000 | $218,700 |
| 2019 | $3,556 | $338,700 | $120,000 | $218,700 |
| 2018 | $3,413 | $325,100 | $120,000 | $205,100 |
| 2017 | $3,414 | $325,100 | $120,000 | $205,100 |
| 2016 | $3,372 | $321,100 | $120,000 | $201,100 |
| 2015 | $3,371 | $321,000 | $120,000 | $201,000 |
| 2014 | $3,279 | $312,300 | $120,000 | $192,300 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Hammer
Seller's Agent in 2024
Katie Hammer
Wainwright Real Estate
(757) 343-9938
3 in this area
262 Total Sales
-
Kris Weaver
Buyer's Agent in 2024
Kris Weaver
Atlantic Sotheby's International Realty
(757) 340-5555
4 in this area
1,009 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10531116
APN: 0501001000390
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