2016 Mclain St Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated Value: $451,000 - $475,000
            
                --
                Bed
            
            
            
                2
                Baths
            
            
            
                3,972
                Sq Ft
            
            
                
                    $116/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2016 Mclain St, Chesapeake, VA 23324 and is currently estimated at $460,458, approximately $115 per square foot. 2016 Mclain St is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 13, 2021
            
        
                Sold by
            
            
                Kessler Mary and The Mary Kessler Declaration O
            
        
                Bought by
            
            
                Rst Investments Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $288,000
            
        
                Outstanding Balance
            
            
                $260,592
            
        
                Interest Rate
            
            
                3%
            
        
                Mortgage Type
            
            
                Credit Line Revolving
            
        
                Estimated Equity
            
            
                $199,866
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Rst Investments Llc | $360,000 | Attorney | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Rst Investments Llc | $288,000 | 
                Source: Public Records
            
        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 | 
|---|---|---|---|---|
| 2025 | $4,575 | $453,000 | $151,500 | $301,500 | 
| 2024 | $4,575 | $453,000 | $151,500 | $301,500 | 
| 2023 | $3,873 | $399,800 | $151,500 | $248,300 | 
| 2022 | $4,038 | $399,800 | $88,400 | $311,400 | 
| 2021 | $3,377 | $321,600 | $88,400 | $233,200 | 
| 2020 | $3,287 | $313,000 | $88,400 | $224,600 | 
| 2019 | $3,184 | $303,200 | $88,400 | $214,800 | 
| 2018 | $3,105 | $295,700 | $82,500 | $213,200 | 
| 2017 | $3,005 | $286,200 | $82,500 | $203,700 | 
| 2016 | $2,939 | $279,900 | $82,500 | $197,400 | 
| 2015 | $2,881 | $274,400 | $82,500 | $191,900 | 
| 2014 | $2,860 | $272,400 | $82,500 | $189,900 | 
                Source: Public Records
                    
            
        Map
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