NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,111,000

2.58 Acres
$364,327 Price per Acre
112,385 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $163,000 $46 Per Sq Ft

Est. 477% increase in value since last sale

Current estimated payment $5,847/month

Highlights

  • 95 Feet of Waterfront
  • Private Water Access
  • Stream or River on Lot
  • Grassfield Elementary School Rated A-
  • 2.58 Acre Lot
  • Property is near a creek

About This Lot

As of May 2016

Waterfront Building site. Grassfield High School ranked among 2015 "Best High Schools in Nation" by US News & World Report. Located in a quiet neighborhood on New Mill Creek with quick access to the Southern Branch of Elizabeth River. Features include curb & gutter streets and public utilities. All this with nearby access to your daily commute & shopping. Chesapeake Tax ID# 0461010000240

Last Agent to Sell the Property

John Horton

Samson Properties License #0225214817 Listed on: 07/10/2015

Samson Properties

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,707

Lot Details

  • 2.58 Acre Lot
  • 95 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • The property's topography is level
  • No Building Permits
  • Property is zoned R15

HOA Fees

  • $39 Monthly HOA Fees

Location

  • Property is near a creek

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 0461010000240

Community Details

Overview

  • Cedar Landing Estates Subdivision

Recreation

  • Private Water Access
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,707

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.50
  • Street Number Modifier: 1710

Exterior Features

  • Road Surface Type: Approved, Black Top, Paved
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: NEW MILL CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 95

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 117.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: CHESAPEAKE CITY PUBLIC SCHOOLS
  • School District Key: 300200397409

Lot Info

  • Lot Features: Stream/Creek
  • Lot Size Acres: 2.58
  • Lot Size Area: 112385
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 112385.00
  • Topography: Level
  • Zoning: R15

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available

Tax Info

  • Assessor Parcel Number: 0461010000240
  • Tax Lot: 24
  • Close Date: 05/31/2016

MLS Schools

  • School District Name: CHESAPEAKE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2017
Sold by
Oceanside Building Llc A Virginia Limite
Bought by
Halleen Michael Mark and Michelle Halleen D
Current Estimated Value
$939,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2015
Closed on
May 25, 2016
Sold by
The John And Elinor Horton Family Revoca
Bought by
Oceanside Building Llc A Virginia Limite
Seller's Agent
John Horton
Samson Properties
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Est Cedar Landing
Bought by
Horton John
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
Halleen Michael Mark $594,738 Attorney
Oceanside Building Llc A Virginia Limite $163,000 Attorney
Horton John $100,000 --
Horton John G $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halleen Michael Mark $452,000
Closed Halleen Michael Mark $474,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $163,000 -3.6% $46 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $169,000 -- $48 / Sq Ft
Source: Bright MLS

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 $8,707 $869,600 $225,000 $644,600
2024 $8,707 $862,100 $205,000 $657,100
2023 $7,608 $834,500 $183,800 $650,700
2022 $7,672 $759,600 $173,300 $586,300
2021 $6,658 $634,100 $152,300 $481,800
2020 $6,168 $587,400 $147,000 $440,400
2019 $6,126 $579,500 $147,000 $432,500
2018 $6,084 $579,500 $147,000 $432,500
2017 $6,067 $577,800 $145,000 $432,800
2016 $1,523 $145,000 $145,000 $0
2015 $1,523 $145,000 $145,000 $0
2014 $1,523 $145,000 $145,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001115605

Bright MLS

APN: 0461010000240