NOT LISTED FOR SALE

Estimated Value: $509,000 - $548,540

4 Beds
5 Baths
2,800 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 2222 Ships Crossing, Chesapeake, VA 23323 and is currently estimated at $523,885, approximately $187 per square foot. 2222 Ships Crossing is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Hugo a Owens Middle, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Payne Jason A and Payne Sonya
Bought by
Nazeer Sahara Mohammed Prem and Liyanaarachchi Aruna
Current Estimated Value
$523,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$317,986
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$201,417

Purchase Details

Closed on
May 5, 2015
Sold by
Paynes Debra R
Bought by
Payne Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,686
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Dec 4, 2013
Sold by
Roy Judy A
Bought by
Payne Jason A

Purchase Details

Closed on
Oct 18, 2004
Sold by
Pickens David W
Bought by
Payne Jason A and Roy,Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Tharrington Wade D
Bought by
Pickens David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1999
Sold by
Hearndon Constr Corp
Bought by
Tharrington Wade D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.84%
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
Nazeer Sahara Mohammed Prem $360,000 Linear Title & Escrow
Payne Jason -- --
Payne Jason A -- --
Payne Jason A $255,000 --
Pickens David W $167,500 --
Tharrington Wade D $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liyanaarachchi Sara Jesmin $106,500
Open Nazeer Sahara Mohammed Prem $353,479
Previous Owner Payne Jason A $317,686
Previous Owner Payne Jason A $320,000
Previous Owner Payne Jason A $199,200
Previous Owner Pickens David W $164,900
Previous Owner Tharrington Wade D $148,500
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 $4,676 $463,000 $165,000 $298,000
2023 $4,114 $442,400 $135,000 $307,400
2022 $4,132 $409,100 $125,000 $284,100
2021 $3,723 $354,600 $110,000 $244,600
2020 $3,352 $319,200 $100,000 $219,200
2019 $3,296 $313,900 $100,000 $213,900
2018 $3,276 $300,400 $100,000 $200,400
2017 $3,154 $300,400 $100,000 $200,400
2016 $3,061 $291,500 $95,000 $196,500
2015 $3,061 $291,500 $95,000 $196,500
2014 -- $291,500 $95,000 $196,500
Source: Public Records

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