NOT LISTED FOR SALE

1960 Diamond Hill Rd Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $80,995,128

-- Bed
-- Bath
266,400 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 1960 Diamond Hill Rd, Chesapeake, VA 23324 and is currently estimated at $80,995,128, approximately $304 per square foot. 1960 Diamond Hill Rd is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Icon Mars Property Owner Pool 4 Dc/Va Ll
Bought by
Dh Va Owner Llc
Current Estimated Value
$80,995,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,055,000
Outstanding Balance
$48,196,170
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,798,958

Purchase Details

Closed on
Jun 18, 2013
Sold by
Fp Diamond Hill Llc
Bought by
Bre Mars Property Owner Llc
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.

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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.

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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.

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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
Dh Va Owner Llc $73,500,000 None Listed On Document
Dh Va Owner Llc $73,500,000 None Listed On Document
Bre Mars Property Owner Llc $33,350,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dh Va Owner Llc $49,055,000
Closed Dh Va Owner Llc $49,055,000
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 $181,394 $18,622,100 $1,815,600 $16,806,500
2024 $181,394 $17,959,800 $1,452,500 $16,507,300
2023 $141,937 $16,507,400 $1,210,400 $15,297,000
2022 $135,913 $13,456,700 $1,210,400 $12,246,300
2021 $129,198 $12,304,600 $1,210,400 $11,094,200
2020 $131,502 $12,524,000 $1,210,400 $11,313,600
2019 $128,856 $12,272,000 $1,210,400 $11,061,600
2018 $125,373 $11,940,300 $907,800 $11,032,500
2017 $117,586 $11,198,700 $786,800 $10,411,900
2016 $110,643 $10,537,400 $786,800 $9,750,600
2015 $104,178 $9,921,700 $786,800 $9,134,900
2014 $104,178 $9,921,700 $786,800 $9,134,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

1960 Diamond Hill Rd, Chesapeake, VA

This home is located at 1960 Diamond Hill Rd, Chesapeake, VA 23324 and is currently estimated at $80,995,128, approximately $304 per square foot. 1960 Diamond Hill Rd is a home located in Chesapeake City with nearby schools including Portlock Primary School, George W. Carver Intermediate School, and Oscar Smith Middle School.

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.

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