NOT LISTED FOR SALE

2040 Cherry Ln Chesapeake, VA 23323

Deep Creek-Portsmouth Neighborhood

Estimated Value: $268,000 - $329,000

4 Beds
1 Bath
1,536 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 2040 Cherry Ln, Chesapeake, VA 23323 and is currently estimated at $301,647, approximately $196 per square foot. 2040 Cherry Ln is a home located in Chesapeake City with nearby schools including G.A. Treakle Elementary School, Deep Creek Middle School, and Deep Creek High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Solutions Home Buyers Llc
Bought by
Ali Blair and Ali Joan Fonda
Current Estimated Value
$304,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,962
Outstanding Balance
$7,398
Interest Rate
3.11%
Mortgage Type
Stand Alone Second
Estimated Equity
$295,453

Purchase Details

Closed on
Jul 13, 2021
Sold by
Zani David
Bought by
Solutions Home Buyers Llc

Purchase Details

Closed on
Feb 15, 2018
Sold by
Gibbs Connie Jones
Bought by
Zani David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Ali Blair $277,500 Title Concepts Llc
Solutions Home Buyers Llc $165,000 Gem Title Llc
Zani David $140,000 Priority Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Blair $7,962
Open Ali Blair $223,378
Previous Owner Zani David $135,800
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
2024 $2,722 $269,500 $115,000 $154,500
2023 $2,300 $262,700 $105,000 $157,700
2022 $2,362 $233,900 $90,000 $143,900
2021 $1,821 $173,400 $70,000 $103,400
2020 $1,733 $165,000 $65,000 $100,000
2019 $1,706 $162,500 $65,000 $97,500
2018 $1,652 $150,500 $65,000 $85,500
2017 $1,580 $150,500 $65,000 $85,500
2016 $1,580 $150,500 $65,000 $85,500
2015 $1,580 $150,500 $65,000 $85,500
2014 $1,654 $157,500 $65,000 $92,500
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Deep Creek-Portsmouth

2040 Cherry Ln, Chesapeake, VA

This home is located at 2040 Cherry Ln, Chesapeake, VA 23323 and is currently estimated at $301,647, approximately $196 per square foot. 2040 Cherry Ln is a home located in Chesapeake City with nearby schools including G.A. Treakle Elementary School, Deep Creek Middle School, and Deep Creek High.

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