220 Velva Dr Chesapeake, VA 23325
Indian River Neighborhood
3
Beds
1
Bath
1,019
Sq Ft
7,841
Sq Ft Lot
Highlights
- No HOA
- Ceramic Tile Flooring
- Storm Doors
- Porch
- 1 Car Detached Garage
- 5-minute walk to Plymouth Park
About This Home
As of February 2025Investors, come check out this 3 bedroom, 1 bath ranch home w/ detached garage on a spacious corner lot with great curb appeal. Located in the established Plymouth Park neighborhood in Chesapeake, this house is ready to be rejuvenated for its next family to call home. Conveniently located near major roadways to Downtown Norfolk/ Shipyard/ Bases/ Shopping and Healthcare. Home is being Sold As-Is, Where- Is. Cash or Rehab loans ONLY. Seller to Make No Repairs.
Last Agent to Sell the Property
Howard Hanna Real Estate Services Listed on: 09/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,900
Year Built
- Built in 1956
Lot Details
- 7,841 Sq Ft Lot
- Partially Fenced Property
- Wood Fence
Home Design
- Fixer Upper
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,019 Sq Ft Home
- 1-Story Property
- Window Treatments
- Storm Doors
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 1 Car Detached Garage
- Driveway
- On-Street Parking
Outdoor Features
- Porch
Schools
- Thurgood Marshall Elementary School
- Indian River Middle School
- Indian River High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
- Plymouth Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2024
Closed on
Jan 29, 2025
Sold by
A Group Llc
Bought by
Smith James Robert
Seller's Agent
Claudia Aristizabal
AQ Realty LLC
Buyer's Agent
Virginia Cope
The Bryant Group
List Price
$310,000
Sold Price
$310,000
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,749
Avg. Annual Appreciation
-14.63%
Original Mortgage
$294,350
Outstanding Balance
$293,852
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$5,601
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 5, 2024
Sold by
Sova James E and Jachimowicz Jeffrey Jay
Bought by
A Group Llc
Seller's Agent
Chrissy Wilkins
Howard Hanna Real Estate Services
Buyer's Agent
Claudia Aristizabal
AQ Realty LLC
List Price
$195,000
Sold Price
$165,000
Premium/Discount to List
-$30,000
-15.38%
Views
265
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1284.07%
Original Mortgage
$199,000
Interest Rate
1.05%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 18, 2006
Sold by
Evans James
Bought by
Jachimowicz Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,139
Interest Rate
6.83%
Mortgage Type
VA
Purchase Details
Closed on
Feb 28, 2005
Sold by
Coburn Curtis
Bought by
Crawford Tony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
5.64%
Mortgage Type
New Conventional
Similar Homes in Chesapeake, VA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $310,000 | Fidelity National Title | |
| Deed | $310,000 | Fidelity National Title | |
| Bargain Sale Deed | $165,000 | Fidelity National Title | |
| Bargain Sale Deed | $165,000 | Fidelity National Title | |
| Warranty Deed | $146,000 | -- | |
| Warranty Deed | $101,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,350 | VA | |
| Closed | $294,350 | VA | |
| Closed | $30,000 | Construction | |
| Previous Owner | $199,000 | Construction | |
| Previous Owner | $149,700 | VA | |
| Previous Owner | $150,532 | VA | |
| Previous Owner | $149,139 | VA | |
| Previous Owner | $80,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Sold | $310,000 | 0.0% | $304 / Sq Ft |
| 12/29/2024 12/29/24 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | For Sale | $310,000 | +87.9% | $304 / Sq Ft |
| 11/08/2024 11/08/24 | Sold | $165,000 | -10.8% | $162 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | Price Changed | $184,900 | -5.2% | $181 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $195,000 | -- | $191 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 |
|---|---|---|---|---|
| 2024 | $1,882 | $186,300 | $90,000 | $96,300 |
| 2023 | $1,509 | $173,000 | $80,000 | $93,000 |
| 2022 | $1,487 | $147,200 | $65,000 | $82,200 |
| 2021 | $1,315 | $125,200 | $55,000 | $70,200 |
| 2020 | $1,278 | $121,700 | $55,000 | $66,700 |
| 2019 | $1,247 | $118,800 | $55,000 | $63,800 |
| 2018 | $1,257 | $112,700 | $50,000 | $62,700 |
| 2017 | $1,216 | $115,800 | $50,000 | $65,800 |
| 2016 | $1,196 | $113,900 | $50,000 | $63,900 |
| 2015 | $1,183 | $112,700 | $50,000 | $62,700 |
| 2014 | $1,229 | $117,000 | $50,000 | $67,000 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Aristizabal
Seller's Agent in 2025
Claudia Aristizabal
AQ Realty LLC
(757) 713-4663
5 in this area
87 Total Sales
-
Virginia Cope
Buyer's Agent in 2025
Virginia Cope
The Bryant Group
(757) 286-4860
2 in this area
101 Total Sales
-
Chrissy Wilkins
Seller's Agent in 2024
Chrissy Wilkins
Howard Hanna Real Estate Services
(757) 692-4940
1 in this area
76 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10552287
APN: 0121002003340
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