NOT LISTED FOR SALE

Estimated Value: $525,167

4 Beds
3 Baths
2,590 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 1961 Millville Rd, Chesapeake, VA 23323 and is currently estimated at $525,167, approximately $202 per square foot. 1961 Millville Rd is a home located in Chesapeake City with nearby schools including Grassfield Elementary School, Hugo a Owens Middle, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Lathrop Robert Ross
Bought by
Johnson Lanita Dee and Johnson Antonio Cortez
Current Estimated Value
$525,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,295
Outstanding Balance
$441,633
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$83,534

Purchase Details

Closed on
Aug 1, 2017
Sold by
Ward Matthew C and Ward Madeline G
Bought by
Lathrop Robert Ross and Lathrop Leslie A

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
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 2011
Sold by
Reverse Mortgage Solutions Inc
Bought by
Harris Rick A

Purchase Details

Closed on
Dec 17, 2010
Sold by
Nectar Projects Inc
Bought by
Reverse Mortgage Solutions and Bank Of America
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

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.

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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
Johnson Lanita Dee $460,000 1St Choice Title
Johnson Lanita Dee $460,000 1St Choice Title
Lathrop Robert Ross $330,000 Attorney
Harris Rick A $76,000 --
Reverse Mortgage Solutions $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Lanita Dee $455,295
Closed Johnson Lanita Dee $455,295
Previous Owner Lathrop Robert Ross $337,095
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 $4,584 $490,100 $190,000 $300,100
2024 $4,584 $472,700 $175,000 $297,700
2023 $4,224 $453,900 $145,000 $308,900
2022 $4,229 $418,700 $135,000 $283,700
2021 $3,852 $366,900 $110,000 $256,900
2020 $3,732 $355,400 $105,000 $250,400
2019 $3,682 $350,700 $105,000 $245,700
2018 $3,633 $330,400 $105,000 $225,400
2017 $3,469 $330,400 $105,000 $225,400
2016 $3,417 $325,400 $100,000 $225,400
2015 $3,364 $320,400 $95,000 $225,400
2014 $3,249 $309,400 $90,000 $219,400
Source: Public Records

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