NOT LISTED FOR SALE

1703 Prospect Trace Chesapeake, VA 23322

Pleasant Grove East Neighborhood

Estimated Value: $592,000 - $648,000

4 Beds
3 Baths
2,131 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 1703 Prospect Trace, Chesapeake, VA 23322 and is currently estimated at $610,366, approximately $286 per square foot. 1703 Prospect Trace 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
Jun 25, 2024
Sold by
Torrey Vincent G and Torrey Sydney K
Bought by
Erdner Matthew T and Erdner Melissa
Current Estimated Value
$610,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$503,492
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$106,874

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Erdner Matthew T $637,500 Priority Title
Erdner Matthew T $637,500 Priority Title
Torrey Vincent G $300,000 Seashore Title & Settlements
Secretary Of Veterans Affairs An Officer $275,263 None Available
Kellogg Thomas M $330,000 --
Rhoads David L $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdner Matthew T $510,000
Closed Erdner Matthew T $510,000
Previous Owner Torrey Vincent G $309,900
Previous Owner Kellogg Thomas M $337,095
Previous Owner Rhoads David L $209,700
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 $4,463 $554,700 $185,000 $369,700
2024 $4,430 $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

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove East

1703 Prospect Trace, Chesapeake, VA

Not Listed for Sale

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